North America Food Gifting Market

April 2024 | 52 pages | ID: N74653482EB9EN
Evolve Business Intelligence

Abstracts

North America Food Gifting Market By Applications (Corporate, Individual), By Type (Chocolate or Candies, Sweet Baked Foods, Coffee/Tea/Hot Chocolate, Nut/Salty Snack Foods, Others), By Sales Channel (E-commerce, Brick and Mortar) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2024 t-2034

The North American Food Gifting market was valued at $12,254.8 million in 2023 and is anticipated t-grow at a CAGR of 6.41% from 2024 t-2034. This growth is attributed t-several macr-and microeconomic factors such as

• The rising demand for premium and artisanal food items

The rising demand for premium and artisanal food items is indeed a significant factor propelling the growth of the North American food gifting market. Consumers increasingly seek high-quality, unique, and gourmet food products t-gift t-their friends, family, and colleagues. This demand is driven by various factors such as the desire for experiential gifts, the popularity of food culture, and the inclination towards supporting local and small-scale producers. Additionally, the appeal of premium and artisanal food items lies in their perceived quality, authenticity, and often, their association with luxury and indulgence. As a result, businesses in the food gifting industry are focusing on offering a diverse range of upscale and handcrafted products t-cater t-this growing market segment.

Further several factors restraining the market growth include

• Decline in brick-and-mortar store sales

The decline in brick-and-mortar store sales is indeed a significant factor restraining the growth of the North American food gifting market. With the rise of e-commerce and changing consumer preferences, traditional brick-and-mortar stores face challenges in maintaining foot traffic and sales. This decline affects various aspects of the food gifting market, including reduced visibility and accessibility of products, limitations in showcasing unique offerings, and higher operational costs associated with maintaining physical stores. As a result, businesses in this market may need t-adapt by focusing more on online channels and enhancing their digital presence t-overcome this constraint and tap int-the potential of the food gifting industry.

Premiumization of Gift Offerings and collaborations and alliances in the Food Gifting market are expected t-generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led t-supply shortages or lower demand in the food-gifting market. The pandemic has caused a decline in new orders and a corresponding decrease in Pressure.

This section will analyze how COVID-19 has impacted supply chains, leading t-shortages and lower demand for Food Gifting.

In terms of COVID-19 impact, the Food Gifting market report als-includes the following data points:

• Impact on Food Gifting market size
• Operating Weights Trend, Preferences, and Budget Impact
• Regulatory Framework/Outdoor Policies
• Key Players' Strategy t-Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the Food Gifting market

Key Insight in the report:

The North America Food Gifting market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and Pressures.

Our report covers extensive competitive intelligence which includes the following data points:

• Business Overview
• Business Segment Data
• Financial Data
• Pressure Segment Analysis and Specification
• Recent Development and Company Strategy Analysis
• SWOT Analysis

Food Gifting Market Segmentation:

• Application
• Corporate
• Individual
• Type
• Chocolate or Candies
• Sweet Baked Foods
• Coffee/Tea/Hot Chocolate
• Nut/Salty Snack Foods
• Others
• Sales Channel
• E-commerce
• Brick and Mortar

Region/ Countries Covered:

• North America
• US
• Canada
• Mexico

Key Players Analyzed in the Report:

• Harry & David
• Russell Stover Candies
• Edible Arrangements
• Jeni’s Splendid Ice Creams
• Nothing Bundt Cakes
• Popcornopolis
• The Fruit Company

Contents

CHAPTER 1. EXECUTIVE SUMMARY

CHAPTER 2. SCOPE OF THE STUDY

2.1. Market Definition
2.2. Market Scope & Segmentation
  2.2.1. Objective of Report

CHAPTER 3. EVOLVE BI METHODOLOGY

3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast

CHAPTER 4. MARKET INSIGHTS AND TRENDS

4.1. Value Chain Analysis
  4.1.1. Suppliers
  4.1.2. Manufacturers
  4.1.3. Retailers
  4.1.4. End User
4.2. Porter’s Five Forces Analysis
  4.2.1. Bargaining Power of Buyers
  4.2.2. Bargaining Power of Suppliers
  4.2.3. Threat of New Entrant
  4.2.4. Threat of Substitute
  4.2.5. Industry Rivalry
4.3. COVID-19 Impact and Post-COVID Scenario on Food Gifting Market
  4.3.1. Impact of COVID-19
  4.3.2. Government Support and Industry Revival Policies
  4.3.3. Post COVID Trend

CHAPTER 5. MARKET DYNAMICS

5.1. Introduction
5.2. Drivers
  5.2.1. The rising demand for premium and artisanal food items
  5.2.2. Growth in the e-commerce industry
5.3. Restraints
  5.3.1. Decline in brick-and-mortar store sales
5.4. Opportunity
  5.4.1. Premiumization of Gift Offerings

CHAPTER 6. NORTH AMERICA FOOD GIFTING MARKET, BY APPLICATION

6.1. Introduction
  6.1.1. Corporate
  6.1.2. Individual

CHAPTER 7. NORTH AMERICA FOOD GIFTING MARKET, BY TYPE

7.1. Introduction
  7.1.1. Chocolate or Candies
  7.1.2. Sweet Baked Foods
  7.1.3. Coffee/Tea/ Hot Chocolate
  7.1.4. Nut/Salty Snack Foods
  7.1.5. Others

CHAPTER 8. NORTH AMERICA FOOD GIFTING MARKET, BY SALES CHANNEL

8.1. Introduction
  8.1.1. Ecommerce
  8.1.2. Brick and Mortar

CHAPTER 9. NORTH AMERICA FOOD GIFTING MARKET, BY REGION

9.1. Introduction
  9.1.1. North America: Market Size and Forecast, By Country, 2021 – 2034 ($ Million)
  9.1.2. US
    9.1.2.1. US: Market Size and Forecast, By Application, 2021 – 2034 ($ Million)
    9.1.2.2. US: Market Size and Forecast, By Type, 2021 – 2034 ($ Million)
    9.1.2.3. US: Market Size and Forecast, By Sales Channel, 2021 – 2034 ($ Million)
  9.1.3. Canada
    9.1.3.1. Canada: Market Size and Forecast, By Application, 2021 – 2034 ($ Million)
    9.1.3.2. Canada: Market Size and Forecast, By Type, 2021 – 2034 ($ Million)
    9.1.3.3. Canada: Market Size and Forecast, By Sales Channel, 2021 – 2034 ($ Million)
  9.1.4. Mexico
    9.1.4.1. Mexico: Market Size and Forecast, By Application, 2021 – 2034 ($ Million)
    9.1.4.2. Mexico: Market Size and Forecast, By Type, 2021 – 2034 ($ Million)
    9.1.4.3. Mexico: Market Size and Forecast, By Sales Channel, 2021 – 2034 ($ Million)

CHAPTER 10. COMPETITIVE LANDSCAPE

10.1. Competitior Benchmarking 2023
10.2. Market Share Analysis, 2022
10.3. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players

CHAPTER 11. COMPANY PROFILES

11.1. Jeni’s Splendid Ice Creams
  11.1.1. Business Overview
  11.1.2. Product Portfolio
  11.1.3. SWOT Analysis
11.2. Marilyn’s Gourmet
  11.2.1. Business Overview
  11.2.2. Product Portfolio
11.3. Popcornopolis
  11.3.1. Business Overview
  11.3.2. Product Portfolio
11.4. The Fruit Company
  11.4.1. Business Overview
  11.4.2. Product Portfolio
11.5. Maple Ridge Farms
  11.5.1. Business Overview
  11.5.2. Product Portfolio
11.6. Harry & David
  11.6.1. Business Overview
  11.6.2. Financial Analysis
    11.6.2.1. Business Segment Revenue 2023, $ Million
  11.6.3. Product Portfolio
  11.6.4. Recent Development and Strategies Adopted
  11.6.5. SWOT Analysis
11.7. EDIBLE ARRANGEMENTS
  11.7.1. Business Overview
  11.7.2. Product Portfolio
  11.7.3. SWOT Analysis
11.8. RUSSELL STOVER CANDIES.
  11.8.1. Business Overview
  11.8.2. Product Portfolio
  11.8.3. SWOT Analysis
11.9. NOTHING BUNDT CAKES
  11.9.1. Business Overview
  11.9.2. Product Portfolio
  11.9.3. SWOT Analysis
11.10. Hickory Farms
  11.10.1. Business Overview
  11.10.2. Product Portfolio