STATE OF
TREATING

2024

Analysis Provided By:

Made Financially Possible By:

Sales Data Provided By:

Circana

2023 Category Sales Performance

In all channels, both measured and unmeasured, confectionery sales were as follows:

$25.9B

Chocolate

Total Sales

+

$19.2B

Non-Chocolate Candy

Total Sales

+

$3.7B

Gum

Total Sales

=

$48.8B

Confectionery

Total Sales

Source: Euromonitor | Passport Model January 2024

In Circana-measured channels only, year-over-year growth for each segment was as follows:

5.8%

Chocolate

2023 Dollar Sales Growth

12.1%

Non-Chocolate Candy

2023 Dollar Sales Growth

15.4%

Gum & Mints

2023 Dollar Sales Growth

Source: Circana, Total US, MULO+C, 52 we. 12/31/2023

98.2% | +0.1%

34.6 | -0.3%

2.4 | -2.4%

$ 7.51 | +7.2%

$ 260 | +6.9%

Source: Circana, Total US, Household Panel, 52 weeks ending 12/31/2023

Shopping Behaviors

Inflation has caused behavior changes.

4in10

candy consumers have made one or more changes to where, how often, how much and what confectionery they purchase.

44%

Buy chocolate or candy less often

30%

Buy what’s on sale

26%

Buy smaller pack sizes

26%

Buy larger pack sizes

25%

Buy only favorites

(no trying new items)

Purchase Drivers

Price now dominates the confectionery purchase decision across all generations.

#1 Price

#2 Brand

#3 Mood

Life’s Occasions

Chocolate and candy have special roles during celebrations and holidays.

More than

8in10

Americans celebrate Valentine’s Day, Easter, Halloween, and the winter holidays.

64%

of total confectionery sales take place during these holidays:

of total confectionery sales take place during these holidays:

Valentine’s Day

$4.5B | +10.1% $

Easter

$5.4B | +9.4% $

Halloween

$6.4B | +5.6% $

Winter Holidays

$6.5B | +4.6% $

Valentine’s Day

$4.5B | +10.1% $

Easter

$5.4B | +9.4% $

Halloween

$6.4B | +5.6% $

Winter Holidays

$6.5B | +4.6% $

Growth Market

Across all outlets, the U.S. remains a powerful growth market with sales expected to increase $12.2B between 2024 and 2028.

Source: Euromonitor | Passport Model January 2024

$61B

projected U.S. confectionery sales by 2028

Get Your 2024 State of Treating Resources:

Methodology

Shopper data was collected using an online survey conducted between December 10 and 16, 2023, with a national sample of 1,556 consumers between the ages of 18 and 75. The margin of error associated with the survey is +/-2.5% at the 95% confidence level. Percentages may not always add to 100% due to rounding. The survey findings are overlaid with Circana retail measurement and household panel data. Future market predictions are provided by Euromonitor. The study was conducted by 210 Analytics, LLC. Unless otherwise attributed, data throughout this report are provided by NCA and 210 Analytics.

Produced by:

 

Made financially possible by:
Sales data provided by:
Circana

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