Candy news income
Here are some interesting facts and figures about the candy industry's income:
Global Candy Market Size:
- The global candy market size was valued at approximately $243.8 billion in 2020. (Source: Grand View Research)
- The market is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2020 to 2027. (Source: Grand View Research)
Candy Industry Revenue:
- The global candy industry generated revenue of around $340 billion in 2020. (Source: Statista)
- The top 10 candy companies in the world generated revenue of over $120 billion in 2020. (Source: Euromonitor International)
Top Candy Companies:
- Mars, Incorporated is the largest candy company in the world, with a revenue of over $35 billion in 2020. (Source: Forbes)
- Hershey's is the second-largest candy company, with a revenue of over $7.5 billion in 2020. (Source: Forbes)
- Nestle is the third-largest candy company, with a revenue of over $6.5 billion in 2020. (Source: Forbes)
Candy Sales by Region:
- The Asia-Pacific region is the largest market for candy, accounting for around 40% of global sales. (Source: Euromonitor International)
- The North American market is the second-largest, accounting for around 25% of global sales. (Source: Euromonitor International)
- The European market is the third-largest, accounting for around 20% of global sales. (Source: Euromonitor International)
Candy Sales by Type:
- Chocolate candy is the largest segment of the candy market, accounting for around 40% of global sales. (Source: Euromonitor International)
- Non-chocolate candy, such as gummies and sour candies, is the second-largest segment, accounting for around 30% of global sales. (Source: Euromonitor International)
- Hard candies, such as lollipops and cough drops, are the third-largest segment, accounting for around 15% of global sales. (Source: Euromonitor International)
I hope these figures and facts provide some interesting insights into the candy industry's income!