Food Technology Magazine | Market Trends
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In times of inflation and economic uncertainty, even with rising sugar and cocoa prices, confectionery products stand out as an affordable indulgence compared to, say, dining out, purchasing a bouquet of roses, or buying an expensive new outfit. In the United States, confectionery sales reached $54.2 billion in 2024, up from $48.8 billion in 2023, according to the past two National Confectioners Association (NCA) State of Treating reports. In 2024, 98.3% of U.S. households purchased confectioner…