U.S. Confectionery Market Assessment and Forecasts to 2028 - The Hershey Company, Mars and Ferrero Continue to Dominate the Market
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The US confectionery market is projected to grow from $47.9 billion in 2023 to $56.1 billion in 2028, with The Hershey Company, Mars, and Ferrero continuing to dominate the market. The sector is expected to grow at a CAGR of 3.2% in value and 1.4% in volume.
November 19, 2024 | 4:45 pm
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The Hershey Company is expected to continue its dominance in the growing US confectionery market, which is projected to reach $56.1 billion by 2028.
The Hershey Company is one of the dominant players in the US confectionery market, which is expected to grow significantly by 2028. This growth is likely to positively impact Hershey's revenues and market position.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80