The global candy business is worth over $120 million with an estimated 2% annual growth. Mature markets throughout the world are expected to start slowing over the next 5 years in places such as Europe, Japan, Australia, and the United States. Lower demand in these markets will place pressure on the industry hindering other potential growth. A selection of the best candy company logos in the industry are listed below.
The confectionery market is primarily controlled by a handful of companies. From Nestle to Mars and Hershey, market share is primarily obtained by these giants. Production is expected to benefit from the per capital consumption seen in nations such as China and Russia. A vast number of niche companies are able to seek operational success in smaller markets of this industry.
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