The North America and Caribbean coconut candy market size is expected to grow from US$ 302.43 million in 2022 to US$ 416.49 million by 2028; it is expected to grow at a CAGR of 5.5% from 2022 to 2028.

The popularity of coconut candies is increasing among people of all age groups in North America and the Caribbean owing to the unique nutty and exotic flavor of coconut. Therefore, manufacturers are increasingly launching innovative products and gift boxes with coconut confections and a mix of different candies for festivities and special occasions to attract a large number of consumers. In April 2022, Ferrero launched a range of products specially curated for Easter, which included treats and gift boxes. For example, the Ferrero Collection Bunny Gift Box comprised 13 pieces of premium confections—including Raffaello, containing coconut and almonds; Ferrero Rocher hazelnut chocolates; and Rondnoir dark chocolates with crisp wafers. Such innovative product offerings are expected to drive the North America and Caribbean coconut candy market during the forecast period. Several manufacturers are also launching innovative marketing campaigns to improve product reach and enhance brand image. For instance, in April 2019, M&M, a brand of Mars Incorporated, launched a marketing campaign where Canadian consumers had to choose among their favorite M&M candy flavors. The consumers were encouraged to try all three flavors—Thai Coconut Peanut, Mexican Jalapeño Peanut, and English Toffee Peanut—and submit their votes online. Such marketing campaigns are expected to attract a large number of consumers. Thus, product launches and innovative marketing campaigns are expected to significantly drive the North America and Caribbean coconut candy market growth during the forecast period.

The North America and Caribbean coconut candy market is segmented into product type, category, and distribution channel. Based on distribution channel, the North America and Caribbean coconut candy market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held the largest share of the market in 2021, whereas the online retail segment is expected to register the highest CAGR from 2022 to 2028. Online retail stores offer various products with heavy discounts, and consumers can conveniently buy desirable products remotely from these platforms. Furthermore, home delivery services attract a large group of customers to shop through e-commerce platforms, such as Amazon.com, Walmart, and E-bay. Moreover, these websites offer descriptive product information and user reviews, which helps buyers compare products and make informed decisions. During the COVID-19 pandemic, online retail channels gathered significant popularity as they offered home delivery services. Thus, the rising online sales of coconut candies are expected to drive the North America and Caribbean coconut candy market growth during the forecast period.

Based on country, the North America and Caribbean coconut candy market is segmented into the US, Canada, Mexico, Bahamas, Cuba, and the rest of the Caribbean. In 2021, the US accounted for the largest share of the North America and Caribbean coconut candy market. The growth of the coconut candy market in the US is majorly attributed to the rising consumption of chocolate and confections, the presence of a well-established confectionery industry in the country, and the rising trend of gifting premium chocolates and confections to loved ones on special occasions such as birthdays and anniversaries. Further, the increasing demand for coconut-based confections among children is also driving the market. According to the US Census Bureau, in 2016, children aged 0-17 accounted for 73.6 million. The growing availability of different candies, both chocolate, and non-chocolate candies, has led to their high demand among children. Manufacturers also indulge in innovative marketing strategies to lure their target customers, as children are considered a very influential population group.

Ferrero International S.A.; Russell Stover Chocolates, LLC.; The Hershey Company; Mars Incorporated; Chocoladefabriken Lindt and Spruengli AG; Unreal Brands Inc.; Alfred Ritter GmbH & Co. KG; Tru Fru LLC.; Ocho Candy Inc.; and Creative Natural Products Inc. are a few of the major players operating in the North America and Caribbean coconut candy market. These companies have their presence in both developed and developing regions, which provides lucrative opportunities to them for growth.

The overall North America and Caribbean coconut candy market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the North America and Caribbean coconut candy market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. Coconut Candy Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. North America and Caribbean Coconut Candy Market Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Consumption of Coconut-Based Products
5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
5.2.1 High Sugar Content of Conventional Coconut Candies
5.3 Market Opportunities
5.3.1 Surging Demand for Sugar-Free and Organic Coconut Candies
5.4 Future Trends
5.4.1 Consumer Inclination Toward Vegan Candies
5.5 Impact Analysis of Drivers and Restraints
6. Coconut Candy – Market Analysis
6.1 Coconut Candy Market Overview
6.2 North America and Caribbean Coconut Candy Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Coconut Candy Market Analysis – By Product Type
7.1 Overview
7.2 Coconut Candy Market, By Product Type (2021 and 2028)
7.3 Chocolate Coconut Candy
7.3.1 Overview
7.3.2 Chocolate Coconut Candy: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Non-Chocolate Coconut Candy
7.4.1 Overview
7.4.2 Non-Chocolate Coconut Candy: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
8. Coconut Candy Market Analysis – By Category
8.1 Overview
8.2 Coconut Candy Market, By Category (2021 and 2028)
8.3 Sugar-Free
8.3.1 Overview
8.3.2 Sugar-Free: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
9. Coconut Candy Market Analysis – By Distribution Channel
9.1 Overview
9.2 Coconut Candy Market, By Distribution Channel (2021 and 2028)
9.3 Supermarkets & Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets & Hypermarkets: Coconut Candy Market– Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: Coconut Candy Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Coconut Candy Market– Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Coconut Candy Market– Revenue and Forecast to 2028 (US$ Million)
10. Coconut Candy Market – Geographic Analysis
10.1 Overview
10.2 North America: Coconut Candy Market
10.2.1 North America: Coconut Candy Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Coconut Candy Market, By Product Type
10.2.3 North America: Coconut Candy Market, by Category
10.2.4 North America: Coconut Candy Market, by Distribution Channel
10.2.5 North America: Coconut Candy Market, by Key Country
10.2.5.1 US: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Coconut Candy Market, By Product Type
10.2.5.1.2 US: Coconut Candy Market, by Category
10.2.5.1.3 US: Coconut Candy Market, by Distribution Channel
10.2.5.2 Canada: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Coconut Candy Market, By Product Type
10.2.5.2.2 Canada: Coconut Candy Market, by Category
10.2.5.2.3 Canada: Coconut Candy Market, by Distribution Channel
10.2.5.3 Mexico: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Coconut Candy Market, By Product Type
10.2.5.3.2 Mexico: Coconut Candy Market, by Category
10.2.5.3.3 Mexico: Coconut Candy Market, by Distribution Channel
10.3 Caribbean: Coconut Candy Market
10.3.1 Caribbean: Coconut Candy Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Caribbean: Coconut Candy Market, By Product Type
10.3.3 Caribbean: Coconut Candy Market, by Category
10.3.4 Caribbean: Coconut Candy Market, by Distribution Channel
10.3.5 Caribbean: Coconut Candy Market, by Key Country
10.3.5.1 Bahamas: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Bahamas: Coconut Candy Market, By Product Type
10.3.5.1.2 Bahamas: Coconut Candy Market, by Category
10.3.5.1.3 Bahamas: Coconut Candy Market, by Distribution Channel
10.3.5.2 Cuba: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 Cuba: Coconut Candy Market, By Product Type
10.3.5.2.2 Cuba: Coconut Candy Market, by Category
10.3.5.2.3 Cuba: Coconut Candy Market, by Distribution Channel
10.3.5.3 Rest of the Caribbean: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Rest of the Caribbean: Coconut Candy Market, By Product Type
10.3.5.3.2 Rest of the Caribbean: Coconut Candy Market, by Category
10.3.5.3.3 Rest of the Caribbean: Coconut Candy Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on North America and Caribbean Coconut Candy Market
11.1 Overview
11.2 Impact of COVID-19 Pandemic on North America and Caribbean Coconut Candy Market
12. Industry Landscape
12.1 Product launch
12.2 Expansion
13. Company Profiles
13.1 Ferrero International S.A.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Russell Stover Chocolates, LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 The Hershey Company
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Mars Incorporated
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Chocoladefabriken Lindt and Spruengli AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Unreal Brands Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Alfred Ritter GmbH & Co. KG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tru Fru LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Ocho Candy Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Creative Natural Products Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index

LIST OF TABLES

Table 1. Prevalence of Diagnosed, Undiagnosed, and Total Diabetes among Adults Aged 18 Years or Older, US, 2017–2020
Table 2. North America and Caribbean Coconut Candy Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. The North America and Caribbean Coconut Candy Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. The North America and Caribbean Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. The North America and Caribbean Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8. North America Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Coconut Candy Market, Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 11. US Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18. Caribbean: Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Caribbean: Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 20. Caribbean: Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 21. Bahamas Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Bahamas Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 23. Bahamas Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 24. Cuba Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Cuba Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 26. Cuba Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of the Caribbean Coconut Candy Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of the Caribbean Coconut Candy Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of the Caribbean Coconut Candy Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 30. List of Abbreviation

LIST OF FIGURES

Figure 1. Coconut Candy Market Segmentation
Figure 2. Coconut Candy Market Segmentation – By Geography
Figure 3. North America and Caribbean Coconut Candy Market Overview
Figure 4. The Chocolate Coconut Candy Segment Held the Largest Share in 2021
Figure 5. North America Dominated the Coconut Candy Market in 2021
Figure 6. North America and Caribbean Coconut Candy Market, Key Market Players
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: North America and Caribbean Coconut Candy Market
Figure 10. North America and Caribbean Coconut Candy Market: Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Coconut Candy Market
Figure 12. North America and Caribbean: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Key Players: Coconut Candy Market
Figure 14. Coconut Candy Market Revenue Share, By Product Type (2021 and 2028)
Figure 15. Chocolate Coconut Candy: Coconut Candy Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Non-Chocolate Coconut Candy: Coconut Candy Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Coconut Candy Market Revenue Share, By Category (2021 and 2028)
Figure 18. Sugar-Free: Coconut Candy Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Conventional: Coconut Candy Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Coconut Candy Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 21. Supermarkets & Hypermarkets: Coconut Candy Market– Revenue and Forecast To 2028 (US$ Million)
Figure 22. Convenience Stores: Coconut Candy Market– Revenue and Forecast To 2028 (US$ Million)
Figure 23. Online Retail: Coconut Candy Market– Revenue and Forecast To 2028 (US$ Million)
Figure 24. Others: Coconut Candy Market– Revenue and Forecast To 2028 (US$ Million)
Figure 25. Coconut Candy Market Revenue Share, By Region (2021 and 2028)
Figure 26. North America: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Coconut Candy Market Revenue Share, By Product Type (2021 and 2028)
Figure 28. North America: Coconut Candy Market Revenue Share, by Category (2021 and 2028)
Figure 29. North America: Coconut Candy Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 30. North America: Coconut Candy Market Revenue Share, by Key Country (2021 and 2028)
Figure 31. US: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Caribbean: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Caribbean: Coconut Candy Market Revenue Share, By Product Type (2021 and 2028)
Figure 36. Caribbean: Coconut Candy Market Revenue Share, by Category (2021 and 2028)
Figure 37. Caribbean: Coconut Candy Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 38. Caribbean: Coconut Candy Market Revenue Share, by Key Country (2021 and 2028)
Figure 39. Bahamas: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Cuba: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of the Caribbean: Coconut Candy Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Impact of COVID-19 Pandemic on North America Coconut Candy Market
Figure 43. Impact of COVID-19 Pandemic on Caribbean Coconut Candy Market

• Progressive industry trends in the North America and Caribbean coconut candy market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the North America and Caribbean coconut candy market from 2020 to 2028
• Estimation of the demand for North America and Caribbean coconut candy across various industries
• Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
• Recent developments to understand the competitive market scenario and the demand for North America and Caribbean coconut candy compounds in the regional scenario.
• Market trends and outlook coupled with factors driving and restraining the growth of the North America and Caribbean coconut candy market.
• Decision-making process by understanding strategies that underpin commercial interest concerning the North America and Caribbean coconut candy market growth
• The North America and Caribbean coconut candy market size at various nodes of market
• Detailed overview and segmentation of the North America and Caribbean coconut candy market as well as its dynamics in the industry

The List of Companies – North America and Caribbean Coconut Candy Market
• Ferrero International S.A.
• Russell Stover Chocolates, LLC
• The Hershey Company
• Mars Incorporated
• Chocoladefabriken Lindt and Spruengli AG
• Unreal Brands Inc.
• Alfred Ritter GmbH & Co. KG
• Tru Fru LLC
• Ocho Candy Inc.
• Creative Natural Products Inc.