The Top 10 Confectionery Companies

Date: January 22, 2010
Pages: 117
Price:
US$ 2,875.00
Publisher: Business Insights
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery
ID: T13D8AE5065EN
Leaflet:

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The Top 10 Confectionery Companies
This report profiles the leading players in the global confectionery industry. In this report the confectionery industry is categorized as follows:

  • Chocolate: molded bars, boxed chocolate, chocolate countlines, novelties and chocolate straightlines;
  • Sugar confectionery: caramels and toffees, hard boiled sweets, gums and jellies, medicated confectionery, regular mints, and power mints;
  • Gum: sugar free gum, regular chewing gum, functional chewing gum and bubblegum;
  • Cereal bars: sports and energy bars and other bars.


  • This report analyzes the global confectionery industry in terms of market size (estimated based on on-trade sales), key drivers and resistors, trends and competitive positioning of top 10 players in the global confectionery market. It includes profiles of the top 10 companies in the industry and also includes a brief summary of other major players. The current ranking evaluates confectionery companies based on their performance using the following intelligence metrics:

  • Each company’s financial performance in the global confectionery market;
  • Each company’s growth strategies and major acquisitions and divestments in this market;
  • Business-related strengths and weaknesses of these companies, and insights into the opportunities and threats facing them.


  • Key features of this report

  • Market dynamics of the global confectionery market during the period 2008-13.
  • Key market drivers and resistors.
  • Trends of the global confectionery market.
  • Identification of the top 10 players in the global confectionery market .
  • Performance of top 10 confectionery companies during 2004–08.


  • Scope of this report

  • Learn from the strategies of the global confectionery companies to target future growth markets effectively, avoid their mistakes, replicate their successes and learn of the threats they face.
  • Benchmark your performance against the leading confectionery companies by comprehending their strategies.
  • Understand the major issues affecting the global confectionery market.


  • Key Market Issues

  • Rising prices of cocoa: Significant increase in the price of cocoa during 2004–08 due to slow down in cocoa beans production in Ivory Coast, Africa led by poor weather conditions and under-investment in the region has adversely affected the margins of the players in the industry.
  • Article 13 health claim regulation: Increasing compliance requirements from regulatory authorities such as the European Food Safety Authority’s impending Article 13 health claim regulation mandating all functional claims on confectionery to be validated with scientific facts may restrict the scope of new product development.
  • Health concerns: Negative health perception related to conventional confectioneries hinders the development of the industry.


  • Key findings from this report

  • Business Insights forecasts that the global confectionery market will grow at a CAGR of 3.1% during 2008–13 to reach a total value of approximately $171bn in 2013.
  • The dominance of chocolate category in the confectionery industry is primarily driven by the fact that it is usually sold at a higher price, whereas most forms of sugar confectionery are low-value items, particularly within the emerging markets.
  • Depth in product portfolio, strong foothold in the US and Western European markets and acquisition of Wm. Wrigley Jr. (Wrigley) in 2008 have contributed to the dominant position of Mars in the global confectionery industry.
  • Anti-trust concerns may force Nestlé to divest some brands in the UK market if it successfully acquires Cadbury.


  • Key questions answered

  • What was the market size of the global confectionery industry by value and volume in 2008?
  • What will be the estimated market size of the global confectionery industry during 2009-13?
  • What are the trends in the global confectionery industry?
  • Who are the top 10 players in the market?

  • The Top 10 Confectionery Companies
    Executive summary 12
    Industry overview 12
    Mars 13
    Nestlé 13
    Cadbury 14
    Ferrero Group (Ferrero) 14
    Hershey 15
    Kraft Foods 15
    Perfetti Van Melle (Perfetti) 16
    Lindt & Sprüngli (Lindt) 16
    Meiji Holdings (Meiji Seika) 17
    Lotte 17

    CHAPTER 1 INTRODUCTION

    What is the report about? 20
    Methodology 21

    CHAPTER 2 INDUSTRY OVERVIEW

    Summary 24
    Introduction 25
    Market dynamics 25
    Global confectionery market size by value 25
    Global confectionery market size by sales volume 26
    Global confectionery market value by product categories 27
    Global confectionery market based on geographic segmentation 28
    Confectionery industry drivers and resistors 29
    Competitive landscape 31
    The top 10 companies based on sales 31
    The impact of acquiring Cadbury’s on the top 10 companies ranking order 31
    Competitive positioning of the top 10 confectionery companies 33
    Depth in top 10 companies confectionery portfolio 34
    Trends 36
    Emergence of functional and nutritional confectionery 36
    Shift towards premium chocolates 37
    Rising prices of cocoa 38

    CHAPTER 3 MARS

    Summary 42
    Company overview 43
    Recent financial performance 43
    Performance by business segments 43
    Growth strategies 43
    Enhancing global reach through the acquisition of Wrigley 43
    Developing nutritional confectionery to capitalize on the shift in preference towards healthy foods 44
    Expanding and extending premium chocolate portfolio 44
    SWOT analysis 46

    CHAPTER 4 NESTLÉ

    Summary 48
    Company overview 49
    Recent financial performance 49
    Performance by business segments 51
    Growth strategies 51
    Strengthening brand presence in the premium and luxury chocolate category 51
    Expanding premium and luxury chocolate confectionery portfolio 51
    Consolidating its position in the premium chocolate category in the
    Eastern European markets 52
    Positioning its confectionery among healthy foods 52
    SWOT analysis 53

    CHAPTER 5 CADBURY

    Summary 56
    Company overview 57
    Takeover bids for Cadbury 57
    Recent financial performance 58
    Performance by business segments 59
    Growth strategies 59
    Attaining cost efficiency through restructuring 59
    Expanding global reach 60
    SWOT analysis 61

    CHAPTER 6 FERRERO

    Summary 64
    Company overview 65
    Recent financial performance 65
    Performance by business segments 65
    Growth strategies 65
    Launching dark chocolates to further penetrate premium confectionery category 65
    Expanding production capabilities in emerging markets to accelerate the pace of business growth 66
    SWOT analysis 67

    CHAPTER 7 HERSHEY

    Summary 70
    Company overview 71
    Recent financial performance 71
    Performance by business segments 72
    Growth strategies 72
    Enhancing global reach in emerging markets 72
    Expanding portfolio of premium chocolates 73
    SWOT analysis 74

    CHAPTER 8 KRAFT FOODS

    Summary 76
    Company overview 77
    Recent financial performance 77
    Performance by business segments 78
    Growth strategies 79
    Strengthening production capabilities in Eastern Europe 79
    Enhancing market share in premium chocolate category 79
    SWOT analysis 80

    CHAPTER 9 PERFETTI

    Summary 82
    Company overview 83
    Recent financial performance 83
    Performance by business segments 84
    Growth strategies 85
    Reformulating confectionery to position them in the healthy foods arena 85
    Expansion in emerging markets 85
    SWOT analysis 86

    CHAPTER 10 LINDT

    Summary 88
    Company overview 89
    Recent financial performance 89
    Performance by business segments 90
    Growth strategies 90
    Extending premium brands with new flavors in mature markets 90
    Expansion of distribution networks 91
    SWOT analysis 92

    CHAPTER 11 MEIJI HOLDINGS (MEIJI SEIKA)

    Summary 94
    Company overview 95
    Recent financial performance 95
    Performance by business segments 97
    Growth strategies 97
    Ramping up international operations 97
    Strengthen market share in Japan 97
    SWOT analysis 98

    CHAPTER 12 LOTTE

    Summary 100
    Company overview 101
    Recent financial performance 101
    Growth strategies 101
    Expanding in emerging markets 101
    Extending reach in the US confectionery market through a joint-venture with
    Hershey 102
    SWOT analysis 102

    CHAPTER 13 OTHER MAJOR PLAYERS

    Grupo Arcor (Arcor) 104
    Company overview 104
    Barry Callebaut 105
    Company overview 105
    Recent financial performance 105
    Ezaki Glico 107
    Company overview 107
    Recent financial performance 107
    Haribo 109
    Company overview 109
    Recent financial performance 109
    Leaf International (Leaf) 109
    Company overview 110
    Recent financial performance 110
    Morinaga 111
    Company overview 111
    Recent financial performance 112
    Roshen Confectionery (Roshen) 112
    Company overview 112
    Recent financial performance 112
    Storck 113
    Company overview 113
    Ülker Bisküvi Sanayi (Ülker) 113
    Company overview 113
    Recent financial performance 114
    United Confectionery 114
    Company overview 114
    Recent financial performance 114
    Appendix 116
    Glossary 116
    Index 117

    LIST OF FIGURES

    Figure 3.1: Global confectionery market size by value ($bn), 2008–13 26
    Figure 3.2: Global confectionery market size by sales volume (m kgs), 2008–13 27
    Figure 3.3: Share of global confectionery market by product (%), 2008 28
    Figure 3.4: Share of global confectionery market by geography (%), 2008 29
    Figure 3.5: Confectionery industry drivers and resistors 30
    Figure 3.6: Top 10 confectionery companies' growth, 2007–08 34
    Figure 3.7: Depth in top 10 companies confectionery portfolio 35
    Figure 3.8: Rise in cocoa prices, 2004–08 39
    Figure 4.9: Mars SWOT analysis 46
    Figure 5.10: Nestlé financial performance ($m), 2004–08 50
    Figure 5.11: Nestlé SWOT analysis 53
    Figure 6.12: Cadbury financial performance ($m), 2004–08 59
    Figure 6.13: Cadbury SWOT analysis 61
    Figure 7.14: Ferrero SWOT analysis 67
    Figure 8.15: Hershey financial performance ($m), 2004–08 72
    Figure 8.16: Hershey SWOT analysis 74
    Figure 9.17: Kraft Foods financial performance ($m), 2006–08 78
    Figure 9.18: Kraft Foods SWOT analysis 80
    Figure 10.19: Perfetti financial performance ($m), 2004–08 84
    Figure 10.20: Perfetti SWOT analysis 86
    Figure 11.21: Lindt financial performance ($m), 2004–08 90
    Figure 11.22: Lindt SWOT analysis 92
    Figure 12.23: Meiji Holdings (Meiji Seika) financial performance ($m), 2006–08 96
    Figure 12.24: Meiji Holdings (Meiji Seika) SWOT analysis 98
    Figure 13.25: Lotte SWOT analysis 102
    Figure 14.26: Barry Callebaut financial performance ($m), 2006–08 106
    Figure 14.27: Ezaki Glico financial performance ($m), 2004–08 108
    Figure 14.28: Leaf financial performance ($m), 2006–08 111

    LIST OF TABLES

    Table 3.1: Global confectionery market size by value ($bn), 2008–13 25
    Table 3.2: Global confectionery market size by sales volume (m kgs), 2008–13 26
    Table 3.3: Global confectionery market by product ($m), 2008 28
    Table 3.4: Global confectionery market by geography ($m), 2008 29
    Table 3.5: The top 10 confectionery companies, 2008 31
    Table 3.6: Changes in rankings after Cadbury’s acquisition, 2008 33
    Table 3.7: Select functional confectionery launches, 2007–09 37
    Table 3.8: Select dark extensions of existing brands 38
    Table 4.9: Mars snapshot 42
    Table 5.10: Nestlé snapshot 48
    Table 5.11: Nestlé financial performance, 2004–08 50
    Table 5.12: Nestlé business segment performance, 2008 51
    Table 6.13: Cadbury snapshot 56
    Table 6.14: Cadbury financial performance, 2004–08 58
    Table 6.15: Cadbury acquisitions, 2007–09 60
    Table 7.16: Ferrero snapshot 64
    Table 8.17: Hershey snapshot 70
    Table 8.18: Hershey financial performance ($m), 2004–08 71
    Table 9.19: Kraft Foods snapshot 76
    Table 9.20: Kraft Foods financial performance ($m), 2006–08 77
    Table 9.21: Kraft Foods business segment performance ($m), 2008 78
    Table 10.22: Perfetti snapshot 82
    Table 10.23: Perfetti financial performance, 2004–08 83
    Table 10.24: Perfetti business segment performance, 2008 84
    Table 11.25: Lindt snapshot 88
    Table 11.26: Lindt financial performance, 2004–08 89
    Table 12.27: Meiji Holdings (Meiji Seika) snapshot 94
    Table 12.28: Meiji Holdings (Meiji Seika) financial performance, 2006–08 96
    Table 12.29: Meiji Holdings (Meiji Seika) business segment performance, 2008 97
    Table 13.30: Lotte snapshot 100
    Table 14.31: Arcor snapshot 104
    Table 14.32: Barry Callebaut snapshot 105
    Table 14.33: Barry Callebaut financial performance, 2006–08 106
    Table 14.34: Ezaki Glico snapshot 107
    Table 14.35: Ezaki Glico financial performance, 2004–08 108
    Table 14.36: Haribo snapshot 109
    Table 14.37: Leaf snapshot 109
    Table 14.38: Leaf financial performance, 2006–08 110
    Table 14.39: Morinaga snapshot 111
    Table 14.40: Roshen snapshot 112
    Table 14.41: Storck snapshot 113
    Table 14.42: Ulker snapshot 113
    Table 14.43: United Confectionery snapshot 114

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