Millennials is the Major Segment which accounted for Majority of the demand for Chewy Candies in US: Ken Research

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Millennials is the Major Segment which accounted
for Majority of the demand for Chewy Candies in
US Ken Research
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Increasing Popularity among Millennials,
Increasing Demand of On-The-Go Snacking,
Increasing Household Income, Introduction of New
Products and High Market Presence were the key
factors driving growth in US Chewy Candy
Market. The report titled US Chewy Candy Market
Outlook 2021 Increasing Demand for On-The-Go
Snacking and New Flavor Launches to Drive Market
Growth by Ken Research suggested a growth at a
positive CAGR in revenue in US chewy candy Market
in next 5 years till 2021.
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Chewy candies have become a staple in the US
households and are considered as one of the vital
gifts on holidays such as Halloween,
Thanksgiving, Easter and Christmas. Chewy candies
are growing in the US owing to their recent
popularity in the working class segment
population as the concept of on-the-go snacking
takes hold of the people. The US chewy candy
market is likely to have strong linkages with the
millennial population and as the population is
poised to grow further, the chewy candy sector is
anticipated to witness a bright outlook in
upcoming years. The primary growth drivers of US
chewy candy market have been increasing
popularity among millennials, increasing demand
from Gen Z baby boomers, over the years
introduction of new products flavors and
increasing demand as on-the-go snacking product.
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The chewy candy segment majorly comprises of
gummies, gummy stick, sweet, sour and sweet
sour chewy candies. The highest demand for chewy
candies is driven from gummy segment owing to
more flavor variety, easily swallowed by kids and
ease of portability. The chewy candy market grew
at a positive growth rate and this can be
attributed to the increased consumption by the
adults as chewy candy moves towards being a must
have on-the-go snack for the working population
and also to the increasing innovation tactics
being exhibited by chewy candy manufacturers with
a multitude of new flavors (green apple, lemon,
watermelon, blue berry, wild berry, strawberry,
pineapple and others) and exciting packaging
(bear-shaped candy, candy corn, cylindrical
candy, gumdrop shaped candy, spherical candy and
others) offered to the consumers.
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US is poised to be one of the fastest growing
chewy candy markets worldwide, thus catering to
the needs of both global and domestic consumers.
US citizens are very addictive to smoking
cigarettes which has indirectly increased
consumption of snacks. Alternatives like snacks
help the people in keeping their mouths busy
which prevent them from smoking cigarettes. This
has caused the consumption of snacks such as
chewing gum, chocolate bars and also chews
candies to increase in the recent years. With
chewy candy manufacturers opting for healthier
variations of their products, working
professionals seem to have increased their
consumption of chewy candies at work in recent
times. Key Factors Considered in the
Report United States Non Chocolate Chewy
Candy New Chewy Candy Launch in the US
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US Chew Candy Market Size Brand Sales Chewy Candy
US Gluten Free Chewy Candy Market Gummy Chewy
Candy Market US Skittles Sales Figure Chewy Candy
Gift Market Chewy Candies Market US Production
Chewy Candy in the US Chewy Candy Trends United
States Sales Volume Chewy Candy US Fruit Flavor
Chewy Candy Market Caramel Chewy Candy Market in
US American Preference for Chewy Candy Mondelez
International Market Share Chewy Candy
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For further reading click on the link
below https//www.kenresearch.com/food-beverage-a
nd-tobacco/general-food/us-chewy-candy-market/1363
20-11.html Related Reports by Ken
Research https//www.kenresearch.com/food-beverage
-and-tobacco/general-food/us-chewing-gum-chewy-can
dy-market-research-report/609-11.html Contact Ke
n Research Ankur Gupta, Head Marketing
Communications query_at_kenresearch.com 91-124-42302
04
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