Corporate Profiles - 2021 - 44

INDUSTRY REVIEW: CONFECTIONERY
Confectionery
Companies invest in better-for-you offerings
T
he marketplace has an appetite for healthier chocolate and candy, a
trend underscored by strategic transactions and new product launches
announced during the year.
The Hershey Co. in June paid $425 million to acquire Lily's, a brand of
low-sugar chocolate products. Lily's markets an assortment of chocolate bars,
baking chips and other confections such as peanut butter cups and coated nuts
and popcorn sweetened with stevia.
The addition to Hershey's portfolio builds on the company's multi-pronged
approach to offer better-for-you snacks and confections. In February, the company
shared plans to expand its portfolio to deliver more reduced-sugar, organic
and plant-based alternatives.
" Our sugar-free platform has been performing well, and we believe
this will enable us to reach more households and provide consumers with
more great tasting ways to enjoy their favorite Hershey brands, " said
Michele G. Buck, chairman, president and chief executive officer of The
Hershey Co. " And while the organic chocolate market is small, it is growing
rapidly, and we are excited to bring consumers great tasting organic
LEADING
chocolate candy vendors
1 The Hershey Co.
2 Mars Inc.
3 Lindt & Sprungli AG
4 Ghirardelli Chocolate Co.
5 Ferrero USA, Inc.
6 The Simply Good Foods Co.
7 Tootsie Roll Industries Inc.
8 Brookside Foods Ltd.
9 Ripple Brand Collective LLC
Private label
Total
LEADING
chocolate candy brands
BOX/BAG/BAR >3.5 OZ
1 M&M's
2 Hershey's
3 Reese's
4 Lindt Lindor
5 Hershey's Kisses
6 Dove Promises
7 All other Mars products
8 Hershey's Nuggets
9 Ghiradelli Squares
Private label
Total
Dollar sales
$938,411,827
$486,845,529
$403,350,586
$262,423,112
$226,888,260
$224,415,072
$217,367,168
$164,270,719
$137,103,290
$233,150,086
$5,698,847,419
% change
from
year ago
6.4%
3.9%
13.8%
22.2%
7.5%
13.0%
-2.5%
12.9%
22.5%
14.1%
8.0%
BOX/BAG/BAR >3.5 OZ
Dollar sales
$2,196,233,124
$1,633,777,536
$419,780,627
$249,198,731
$209,567,315
$79,171,730
$61,895,489
$60,832,229
$40,268,517
$233,150,086
$5,698,847,419
% change
from
year ago
7.5%
3.8%
16.6%
14.3%
-6.1%
19.2%
5.1%
11.1%
-8.9%
14.1%
8.0%
versions of Reese's and Hershey's through this targeted launch. "
Mondelez International, Inc. earlier in the year purchased Hu Products, a
maker of organic chocolate formulated with coconut sugar. Financial terms of
LEADING NON-CHOCOLATE
chewy candy vendors
1 William Wrigley Jr. Co.
2 Ferrara Candy Co.
3 Mondelez International, Inc.
4 Haribo of America, Inc.
5 Perfetti Van Melle
6 The Hershey Co.
7 Just Born, Inc.
8 Storck USA LP
9 Jelly Belly Candy Co.
Private label
Total
LEADING NON-CHOCOLATE
chewy candy brands
1 Haribo Goldbears
2 Skittles
3 Sour Patch Kids
4 Starburst
5 Trolli Sour Brite Crawlers
6 Swedish Fish
7 Airheads
8 Airheads Xtremes
9 Lifesavers Gummies
Private label
Total
% change
from
Dollar sales
$152,403,714
$150,201,753
$144,780,607
$131,201,190
$95,724,515
$90,752,427
$74,336,843
$61,581,687
$61,414,429
$178,443,276
$2,613,051,286
Data for 52 weeks ended July 11, 2021
Total US - Multi-outlet with C-Store (Supermarkets, Drugstores and Mass Market Retailers, Gas/C-Stores, Military Commissaries and Select Club & Dollar Retail Chains)
Source: IRI
44 \ October 2021
Milling & Baking News * Food Business News * Baking & Snack * Meat+Poultry * Pet Food Processing * Dairy Processing
Corporate Profiles
year ago
8.2%
-1.3%
11.6%
-2.8%
14.7%
1.5%
-0.5%
22.6%
5.2%
-2.0%
10.3%
% change
from
Dollar sales
$560,686,192
$342,586,539
$310,682,222
$268,546,116
$138,746,654
$119,944,968
$80,542,355
$66,164,674
$62,400,322
$178,443,276
$2,613,051,286
year ago
5.6%
13.1%
8.8%
11.9%
9.7%
25.1%
-2.7%
3.7%
8.3%
-2.0%
10.3%
┬ęSTEVE CUKROV - STOCK.ADOBE.COM

Corporate Profiles - 2021

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