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Latest Abt Electronics News
Dec 14, 2022
Report offers analysis of growing non-chocolate candy market. Dylan’s signature lollipop tree sprouts from the middle of the Dylan’s Candy Bar location inside Abt Electronics. December 14, 2022 Non-chocolate candy represents 32% of all confectionery purchases made in the United States, according to a new report from the National Confectioners Association. In an effort to explore how shifting demographics, consumption preferences and shopping habits have impacted this powerful and growing market segment, NCA shared the new report exploring the segment titled Getting to Know Candy Consumers 2022 . Conducted by 210 Analytics, the first-of-its-kind report offers an in-depth analysis of the growing non-chocolate candy market, with insights into consumer perceptions, attitudes and behaviors as the category continues to build. Non-chocolate candy is expected to reach $20 billion in U.S. sales by 2027, according to Euromonitor International. “Innovation has always been at the heart of the confectionery industry, and it’s never been a more exciting time to innovate candy,” John Downs, president & CEO of NCA, said. “There is tremendous opportunity for continued growth in the non-chocolate candy category, which is largely driven by Gen Z and millennial consumers who are seeking out new experiences in the candy aisle. Because of its unique flavors, shapes, and colors, and the incredible variety within the category, it is clear that candy is special for everyone.” Getting to Know Candy Consumers 2022 highlights areas of opportunities for the future of the non-chocolate category. Sharing a little bit of confectionery is a time-honored tradition and an important consideration for consumers when they purchase chocolate and candy, and the report reveals that non-chocolate candy has the potential to become a new gifting option for everyone’s favorite holidays.
Abt Electronics Frequently Asked Questions (FAQ)
When was Abt Electronics founded?
Abt Electronics was founded in 1936.
Where is Abt Electronics's headquarters?
Abt Electronics's headquarters is located at 1200 South Milwaukee Avenue, Glenview.
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