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Article: Always room for more candy.(TOP 100 GLOBAL CONFECTIONERY COMPANIES)
- Article from:
- Candy Industry
- Article date:
- January 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Cadbury Schweppes wants out of the beverage business so it can concentrate on confectionery. That has to tell you something about the desirability of today's global chocolate and candy market.
Despite the fact that many companies including Cadbury itself are struggling to deal with rising raw material costs (witness Hershey Foods' swoon from No. 5 to No. 6 as sales fell an estimated $36 million), Candy Industry's list of the Top 100 international confectionery companies suggests consumers are willing to spend more than ever on sweet treats.
Total combined sales for the Top 100 confectionery companies in the world hit $91 billion last year--an eye-popping ...