Who is hersheys competitors

Single Accounts Corporate Solutions Universities. The Hershey Company was the leading chocolate manufacturer in the United States in in terms of market share. The company held over 43 percent of the total market, with only Mars as a significant competitor.

In terms of the total confectionery market, Hershey still had the biggest share , but only barely edged out Mars by less than one percent. In a survey, three of the top four most popular chocolate brands among consumers were sold by Hershey. Loading statistic Show source. Download for free You need to log in to download this statistic Register for free Already a member?

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Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Cadbury is one of the most iconic confectionery brands in the world. Together with other Mondelez brands, Cadbury is part of the company that has the leading global market share for chocolates. The company faces strong competition from many companies in North America and around the world.

Mars is a recognizable name, but as a private company , it hasn't been one investors can get behind.

Along with competing against Mars for the chocolate market share, Cadbury now competes against the giant for share in the global gum market thanks to Mars' acquisition of Wrigley's in Cadbury has gum brands that include Dentyne, Stride, and Trident.

Both companies have strong market share in a gum market that has seen sales decline. The company has many well-known brands in the U.

The case of Hershey's and Cadbury being rivals took a big turn due to a licensing agreement set back in Hershey's caused an uproar when it sued several importers of Cadbury products from the U. Hershey's uses a different recipe than the British chocolatier, and many former British residents want the authentic version.

Hershey's is in a unique position, as it is both a competitor and a distributor of Cadbury products. The long-time rights deal led many to believe that Cadbury and Hershey's would eventually merge, but that has not been the case.

Nestle and Cadbury did at one time attempt a joint bid for Hershey's, but it ultimately fell through. Nestle is the largest food company in the world, covering many different subsectors of the market.

Nestle has grown through many acquisitions that have given it control of brands that include KitKat, Smarties, and Gerber baby food. Nestle's confectionery segment was its sixth-largest in With sales of CHF 7. Similar to its deal with Cadbury, Hershey's also licenses several brands from Nestle for U. This includes KitKat and Rolo, two Nestle brands. Accessed June 18, The Hershey Company. Securities and Exchange Commission. Candy Industry. The Guardian. Dividend Stocks. Company Profiles.