US Macarons Market - Forecast(2024 - 2030)

Report Code: FBR 0683 Report Format: PDF + Excel

Overview

The US macarons market size is forecast to reach USD 510.45 million by 2029, after growing at a CAGR of 5.48% during 2024-2029. Prospective franchisees are boosting their market production year after year by offering superior items and gorgeous shop designs. For example, Le Macaron, one of the leading French Pastries and Macaron franchises in the United States, increased its production based on a great track record of success among current franchisees around the country. In 2023, the Le Macaron confectionary produced over 32,000 macarons per day, up from 30,000 per day in 2022. Furthermore, following gluten-free diets, these macarons are gaining popularity. In addition, social media platforms have become important instruments for advertising and selling culinary goods, and macaron demand is expanding, with a particularly strong footing in this sector.

Report Coverage

The report “US Macarons Market– Forecast (2024-2029)”, by IndustryARC, covers an in-depth analysis of the following segments of the US macarons market.

By Flavor: Fruit Flavored, Chocolate, Caramel, Lemon, Vanilla, Pistachio, Basic, Others

By FMCG Sector: By Distribution Channel (Supermarkets and Hypermarkets, Grocery stores, Specialty stores, E-commerce, Others), By Production Technology (Semi-Industrial Technology, Industrial Solution)

Key Takeaways

·       The US macaron market is growing due to high demand for premium items like chocolate and caramel macarons. For example, in April 2022, Le Macaron, a French bakery and café, expanded across the United States by providing delectable Parisian éclairs, coffee, and more. These macarons are also being sold in seasonal flavors to honor festivals and special events.

·       Baked products are highly permissible, with American customers enjoying the occasional indulgence as part of their daily routine. The American Bakers Association stated in July 2022 that 84% of Americans believe it is okay to treat oneself to baked products such as cupcakes, doughnuts, or pies. As people's appreciation for artisanal cuisine grows, macarons gain popularity.

·       As the need for sustainable and health-conscious food alternatives continues to grow, a thoughtful combination of mouthwatering flavors and carefully chosen ingredients will create the future of macarons, meeting the changing preferences and values of discriminating customers.

By Flavor - Segment Analysis

Chocolate flavor dominated the US macarons market in 2023. Chocolate macarons come in a variety of flavors, including dark, milk, and white chocolate, and can be filled with ganache, buttercream, or chocolate mousse. For example, the macarons of Belgian chocolatier Pierre Marcolini's Temple of Sweets are iridescent in color and include diverse flavors such as coffee, pistachio, lemon tea, and dark chocolate. Marcolini derived his inspiration from the emerging trend in cuisine.

Chocolate macarons are a popular variety of macarons in the United States due to their flexibility and rich, decadent taste. Americans continue to prefer milk chocolate, while dark chocolate with a cacao concentration of 71-75% is the most popular. Premium chocolate had the second-largest audience in 2022, accounting for 67% of all chocolate purchases in the United States. Chocolate macarons' appeal stems from customer preferences, cultural diversity, and the availability of high-quality goods.

By FMCG Sector - Segment Analysis

Distribution Channels dominated the US macarons market in 2023. Supermarkets and hypermarkets, which provide a huge selection of goods and are convenient for many customers hold the largest share in the US macarons market. Furthermore, compared to specialized shops or independent merchants, supermarkets and hypermarkets frequently sell macarons at a cheaper price range, making them a popular option for customers on a budget. The grocery market in the United States is vast, and several supermarket chains are expanding to meet consumer demand. For instance, Publix, a Florida-based grocery company with over 1,200 locations in the southern United States, recorded a revenue of $54.5 billion (€50.1 billion) in the fiscal year 2022, a 13.6% increase over the previous year.

In August 2023, Aldi announced plans to acquire the Winn-Dixie and Harveys Supermarket store estates from Southeastern Grocers, adding over 400 shops to its portfolio across Alabama, Florida, Georgia, Louisiana, and Mississippi. It intends to establish 20 stores in the area by the end of the year as part of a countrywide initiative to open 120 sites across the United States. The US macaron market in supermarkets/hypermarkets is predicted to expand in the future years as customer tastes for simple and accessible sweet treats shift. It is anticipated that supermarkets and hypermarkets will satisfy this need by increasing the variety and quality of macarons they sell in their establishments.

Drivers – US Macarons Market

·     Growing Number of Europeans Traveling to America

According to Migration Policy Institute 2022 figures, the United States was the top destination for European migrants (7%) in 2022, followed by Kazakhstan (5%) and Australia (4%). The popularity of macarons grew along with the number of European emigrants to America in the early 20th century. The popularity of macarons grew along with the number of European emigrants to America in the early 20th century. Over the decades, the popularity of French macaron has increased with the huge variety of colors and flavorings of both cookies and fillings. In the United States, macarons are challenging cupcakes as a favorite treat, and French bakeries and pastry shops are becoming more prominent in major cities nationwide. The popularity of French macarons has grown over the years, especially due to the wide range of colors and flavorings available for both cookies and filling. In the United States, macarons are challenging cupcakes as a favored dessert, and French bakeries and pastry stores are popping up in major cities across the country.

For example, according to the most current U.S. Census Bureau data, Europeans made up 10%, or little more than 4.7 million, of the 46.2 million immigrants residing in the United States in 2022. Europeans are the third-largest region-origin immigrant group, after only those from the Americas (52%), and Asia (31%). Recently, the Russian invasion of Ukraine has inspired fresh migrations in the United States, with both Ukrainians and Russians seeking sanctuary and opportunity. This tendency demonstrates how geopolitical events continue to impact migratory trends, which are expected to present opportunities for the US macaron industry during the forecast period.

·       Healthier Versions of Macarons

The emphasis on health and sustainability has inspired macaron makers to experiment with alternative sweeteners and flours, with the goal of reducing sugar content and incorporating gluten-free choices. This modification to satisfy dietary limitations and health-conscious tastes has created new opportunities for macaron innovation, enabling the production of guilt-free treats that appeal to a broader audience. In response to these changing customer tastes, macaron producers are also exploring inventive methods to add superfoods and functional ingredients into their recipes.

For example, refined sugar-free macarons substitute erythritol or stevia for regular powdered sugar. Some versions substitute butter-based fillings with dairy-free alternatives, whilst fruit-based fillings or dark chocolate ganache can provide antioxidants and nutrients. Infusing macarons with nutrient-dense components such as matcha, turmeric, or açai not only enhances the nutritional profile of these exquisite delicacies but also taps into the burgeoning interest in functional foods that offer health benefits beyond simple nutrition.

Challenges – US Macarons Market

·       Fluctuations in Raw Material Prices

This market has been limited as a result of price instability, including the rise in the cost of raw materials, such as sugar, eggs, and almond flour. According to the Consumer Price Index, the cost of eggs in the United States climbed by 60% in December 2022 compared to the previous year. Egg prices grew by 8.4% from January 2024 to February 2024. For example, in comparison to the previous year, the United Nations Food and Agriculture Organization projects a 2% decrease in worldwide sugar output in the 2023–24 season, or a loss of around 3.8 million U.S. tons. As a result, it is anticipated that over the coming years, raw sugar prices in the US and around the world will move in tandem. For example, with these price increases several macaron bakers have had to raise their prices to stay profitable due to a recent increase in the price of almond flour, which could hinder consumer preferences.

·       Limited Accessibility to Macarons Outside Major Metropolitan

Some of the major US areas where macarons are prominently featured include New York City, California, San Francisco Bay Area. While accessibility to macarons outside major metropolitan areas can be limited. Businesses face challenges in expanding distribution networks to reach a wider customer base while ensuring product freshness and quality. Outside major cities, there may be fewer specialty bakeries or stores that carry macarons. This reduces the opportunities for consumers in suburban or rural areas to purchase macarons, impacting overall demand. Expanding distribution networks to reach non-metropolitan areas may entail higher transportation costs and logistical challenges. Businesses need to weigh these costs against the potential market demand and profitability.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the US macaron market. Major players in the US macarons market are Le Macaron, Dana’s Bakery, Olivia Macaron, Richart, Ma-ka-rohn, Pastreez, Chantal Guillon, and Savor Patisserie among others.

Developments:

Ø  In June 2023, Le Macaron French Pastries announced that it would open 10 new locations nationwide including Tucson, New York, Gaithersburg, Columbus, Tarpon Springs, FL, Pembroke Pines, FL, and three California stores in Long Beach, Sacramento, and New Port Beach. The firm reported that it is on course to fulfill its year-end goal of 80 franchise units, following strong growth in 2022 and an exceptional first quarter in 2023 with several franchise launches. In addition, the firm announced that a third Le Macaron café is set to open in Nashville.

Ø  In March 2023, Häagen-Dazs collaborated with renowned pastry chef Pierre Hermé to produce a new range of goods, including macarons. The new line will be one of the brand's primary summer releases, with three flavors: double chocolate ganache, strawberry and raspberry, and yuzu and lemon, with the latter only available at Häagen-Dazs ice cream parlors.

Ø  In April 2022, EVERY collaborated with Chantal Guillon to create the world's first chicken-free egg whites, which would be included in a limited launch of vegan macarons in six flavors: passionfruit, strawberry, pistachio Earl Grey, pistachio, Tahitian vanilla, and dark chocolate. They are available in boxes of six ($28 each) in-store at Chantal Guillon's Northern California stores in San Francisco and Palo Alto.

1.USA Macarons Market- Market Overview
    1.1 Definitions and Scope
2.USA Macarons Market- Executive Summary
3.USA Macarons Market- Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4.USA Macarons Market - Startup companies Scenario Premium 
    4.1 Top startup company Analysis by
    4.1.1 Investment
    4.1.2 Revenue
    4.1.3 Market Shares
    4.1.4 Market Size and Application Analysis
    4.1.5 Venture Capital and Funding Scenario
5.USA Macarons Market– Industry Market Entry Scenario Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top Companies
6.USA Macarons Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7.USA Macarons Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and Distributors Analysis
8.USA Macarons Market– By Flavor (Market Size -$ Million, Market Volume – Metric Tons)
    8.1 Fruit Flavored
    8.2 Chocolate
    8.3 Caramel
    8.4 Lemon
    8.5 Vanilla
    8.6 Pistachio
    8.7 Basic
    8.8 Others
9.USA M acarons Market– By FMCG Sector (Market Size -$ Million, Market Volume – Metric Tons)
    9.1By Distribution Channel
        9.1.1 Supermarkets and Hypermarkets
        9.1.2 Grocery stores
        9.1.3 Specialty stores
        9.1.4 E-commerce
        9.1.5 Others
    9.2 By Production Technology
        9.2.1 Semi-Industrial Technology 
        9.2.2 Industrial Solution
10.USA Macarons Market- Entropy
    10.1 New Product Launches
    10.2 M&A’s, Collaborations, JVs, and Partnerships
11.USA Macarons Market Share Analysis 
    11.1 Market Share by Country- Top Companies
    11.2 Market Share by Region- Top Companies
    11.3 Market Share by Type of Product / Product category- Top companies
    11.4 Market Share at global level- Top companies
    11.5 Best Practices for companies
12.USA Macarons Market- List of Key Companies by Country Premium  
13.USA Macarons Market Company Analysis - Company Revenue, Products, M&A, Developments
    13.1 Chantal Guillon
    13.2 Dana’s Bakery
    13.3 Olivia Macaron
    13.4 RICHART
    13.5 Ma-ka-rohn 
    13.6 Pastreez
    13.7 Company 7
    13.8 Company 8
    13.9 Company 9
    13.10 Company 10 and more

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