Best Candy Bar Company
List of Candy Bars
Best Candy Bar Ever
The confectionery industry is perhaps one of the most profitable businesses all over the world. Sales each year peak to the billions as kids of all ages – as well as those kids-at-heart – enjoy these sweet, sugary, chocolate-y snacks by the bulk. Holidays such as Christmas and special days like Valentine’s Day are often the busiest times of the year for candy bar companies, but daily sales are attributed to birthdays, parties and special occasions, or even just to make someone smile. When it comes to these delightful goodies, we come up with quite a few names in mind as to who the giants in the business are right now. We have a list of the five biggest international candy bar companies in respect of revenues and market.
The Hershey Company
Known simply as Hershey’s, their iconic food products have become a household name and are now being sold in over sixty countries across the globe. It was founded in 1894 by Milton Hershey, who initially started making caramel products using fresh milk. In his Pennsylvania hometown, Hershey decided to sell his caramel company, though it was quite successful, and focus on making chocolate instead. He then began to build his own chocolate plant, and this is why his home town adopted the name Hershey from its original name, Derry Church.
He developed a process of refining chocolate that is less sensitive to the quality of milk used, now known as the Hershey process. His most famous creation is the small, cone-shaped chocolate candy he called “Hershey’s Kiss”. He successfully grew his factory and company, acquiring more workers and producing many well-received candy products.
Harry Reese, a factory worker at Hershey’s, soon developed his own candy made from less sugar, called the “Peanut Butter Cup”. He marketed it to department stores in Lancaster, and soon he had a lot of happy consumers. He left his company to his six sons after he passed away, and in 1963, Hershey’s bought Reese’s for a whopping $23 million. Over the course of the years, the company has bought and sold many products from other confectionery companies such as Nestle and Mars. Today, Hershey’s enjoys over $6 billion in net sales for Nuggets, chocolate bars, Kisses, Reese’s Peanut Butter Cups, Kit Kat, Peppermint Patty and Whoppers, to name a few.
Ferrero Società per Azioni
Established in 1946 by Italian confectioner Pietro Ferrero, the company is one of the most reputable companies in the world. It is a very private company, with ownership and management handed over by father to son Michele Ferrero, and he to his son Pietro. After his death in 2011, the international company is now headed by Giovanni Ferrero.
The first product made by Ferrero was a cocoa and hazelnut cream he intended to be a bread spread. He marketed it as Pasta Gianduja. Later on, his son Michele made some modifications to the original recipe and developed Nutella. He sold it in 1964, and is now one of the company’s most popular products.
The Ferrero Group of companies is rated as one of the most secretive, and no press or media coverage has ever been made about their plants and factories. With their secret family recipe, Ferrero has captivated the sweet teeth of people all over the world with their products such as Ferrero Rocher, Nutella, Kinder, Tic Tac, and most recently, the award-winning Gran Soleil. This is a shelf-stable yogurt-based frozen dessert that can also be eaten as a sorbet. The company received an award for their innovative product in the year 2011.
Nestle Société Anonyme
Nestle is rather well-known as a company that produces not just any type of food and snack products, but focuses on their nutritional value as well. This multinational health and wellness food company began in Switzerland 1905 from a merger of two big milk companies. These were the Anglo-Swiss Milk Company headed by brothers George and Charles Page, and Farine Lactee Henri Nestle by Henri Nestle. These two food giants were formerly fierce competitors until their merger.
They began as producers of milk-based baby food. Daniel Peter, the Swiss chocolate who was the first to make a milk chocolate bar in 1875. Thanks to Henri Nestle’s cooperation, he perfected his process of removing the water from milk as to prevent the formation of mildew.
During the First World War, the demand for their dairy products doubled, but after the Second World War, they experienced a significant drop in profits. In response to this, Nestle began marketing Nescafe, which became a staple drink for the United States Military. This caused their wartime sales to rise. Their growth and success continued with the acquisition of even more firms and diversification of products.
Today, Nestle enjoys a world-wide market and almost $13 billion in annual revenues. Their wide range of products caters to a variety of food and beverage demands. This includes Gerber, Carnation, Dreyer’s, Jenny Craig, Maggi, L’Oreal and Alcon Laboratories. They also expanded to pet foods like Purina and San Pellegrino.
Began by Frank Mars around 1920, this is one of the largest candy bar and chocolate manufacturing companies in North America and the world. In the United States, it is involved with businesses like chocolate, food, drinks and pet care. It is most widely known for well-loved products like M&M’s, Milky Way, Snickers, Skittles, Twix, and of course, the Mars Bar. Also, it owns the Wrigley brand, known for its chewing gum product.
After all these years, Mars has retained its strength and stood firm as a family-owned business. They are known for their secrecy with regards to their production and trade, as well as matter that involve members of their family. In addition, Mars is considered one of the best companies to offer management training. Its reputation came from the immense success of their employees after having worked there.
Primarily a chocolate candy bar company, Mars has since diversified its offered products in order to expand their market and increase sales. Mars products are now household names in countries all over the world including Canada, the UK, Australia, France, Germany and Japan. Mars candy and chocolate products are so well-received because they have a wide range to choose from, and so consumers have a lot of options to enjoy.
Kraft Foods Corporation
Kraft Foods Group, Incorporated is the among the largest grocery foods manufacturers in the world. They focus on food and beverage items including snacks, chocolate and candy bars, dairy products and the like. It recently split into two companies which will handle North American and international markets separately. Mondelez International will focus on their global snacks manufacture and distribution. Kraft has a lot of well-known products to its credit, such as Jell-O, Milka, Maxwell House and Cadbury’s. The company acquired the latter in recent years, expanding its hold on the global market tremendously.
Since being in business back in 1903, Kraft has had decades to perfect their recipes and provide confectionery and snack products that children and families love to share. Found in virtually any country, Kraft food products can be seen in refrigerators, shelves, pantries and tables. As of last year, it has an estimated close to $20 billion in net sales, making it one of the world’s top competitors.
On our list, Mars is the largest private company based on numbers. Seven of its products also ranked within the top 20 confectionery, chocolate and candy bar favorites in the world. Today, these top five candy bar companies continue to improve their products and expand their market by making tasty snack that are irresistible and delicious.