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Hershey Company (The) (HSY) - free report >>
These 6 Companies Own All Your Favorite Halloween Candy
Halloween is big business for top candy makers, and this year, Americans are projected to spend over $2 billion on Halloween candy (according to the National Retail Federation).
From Halloween parties and trick-or-treating to baking holiday treats, candy is essential for the spookiest season of the year, even creating a sense of nostalgia for adults.
But who owns all of the iconic candy brands that many of us have enjoyed since childhood?
The Hershey Company (HSY - Free Report) owns many favorite brands, like Reese’s, Heath, KitKat, and, of course, the Hershey’s chocolate bars. There’s Mars Inc., which has Snickers, M&Ms, and Twix in its brand portfolio. Mondelez (MDLZ - Free Report) owns Sour Patch Kids, while Tootsie Roll Industries (TR - Free Report) has Tootsie Rolls, Blow Pop, and Junior Mints.
Italian confectionary giant Ferrero SpA owns Butterfinger, Crunch, and Nerds, as well as pantry staple Nutella; Ferrero is also behind the chocolate and hazelnut candy Ferrero Rocher. Then we have Smarties, owned by the Smarties Candy Company, and Dum-Dum lollipops, owned by Spangler Candy Company.
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