Gum industry
From Wikipedia, the free encyclopedia
Two multi-national companies, Wrigley and Cadbury, together account for some 60% market share of the world-wide chewing gum market. The global market shares for the top 5 chewing gum companies are estimated to be:
- 35% Wrigley (USA) [1]
- 26% Cadbury (UK) [2]
- 7% Lotte (South Korea) [3]
- 4% Perfetti Van Melle (Italy) [4]
- 2% Hershey (USA) [5]
The remaining 25% of the global market is provided by an estimtated 200 to 250 smaller gum companies, some of which are listed below.
The world-wide chewing gum industry in 2006 is estimated to be worth $19 billion in sales or 1.3 million metric tonnes of gum, and has grown by more than 7% in the last 3 years [6].
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[edit] History
- 1919: Ford Gum & Machine (USA) established
- 1921: Leaf Confectionery (USA) established
- 1926: Richardson Brands (USA) established
- 1928: Donruss (USA) established
- 1947: Topps establishes the Bazooka bubble gum brand
- 1948: Maple Leaf (Holland) established
- 1965: Damel (Spain) established
- 1983: Huhtamaki (Finland) creates the Leaf Group gum & candy business through the US acquisitions of Leaf Confectionery, Clark Gum, Richardson Brands and the Donruss division of General Mills
- 1985: Huhtamaki (Finland) acquires Ford Gum & Machine (USA)
- 1993: Cadbury buys its first chewing gum business with the acquisition of Stani, Argentina.
- 1996: Topps (USA) closes its bubble gum factories in Duryea, Pennsylvania (USA) and Innishmore (Ireland) and out-sources its Bazooka bubble gum production to Hershey (USA)
- 1996: Hershey (USA) acquires Leaf's gum brands: Rain-Blo and Super Bubble
- 1997: Huhtamaki (Finland) acquires the gum business of the Wuxi Leaf joint-venture in China
- 1998: Huhtamaki (Finland) divests the Leaf (Spain) gum business to Damel
- 1999: Zed Gum established in Ireland
- 1999: CSM (Netherlands) buys the Leaf Europe candy & gum business from Huhtamaki (Finland) for €390 million
- 2000: Cadbury buys Kraft's "Hollywood" chewing gum business in France for €185 million
- 2000: Hershey (USA) buys the Fruit Stripe gum brand and mints from Nabisco for $135 million
- 2000: Cadbury buys the small Wuxi Leaf gum business in China from Huhtamaki (Finland) for only €3 million
- 2001: Perfetti (Italy) merges with Van Melle (Netherlands)
- 2002: Cadbury buys a 51% stake in the gum & candy business of Kent Gida (Turkey) for €110 million
- 2002: Zed Gum (Ireland) acquires Leaf (Ireland) from CSM and changes name to Zed Candy
- 2002: Cadbury buys Dandy's gum brands, mainly in Scandinavia & Russia for €310 million
- 2003: Hershey (USA) sells Fruit Stripe, Rain-Blo and Super Bubble gum brands to Farley & Sathers Candy Co. (USA)
- 2003: Concord Confections (Canada) acquires Philadelphia Chewing Gum (USA) and moves production to Toronto
- 2003: Cadbury buys the global gum business of the Adams gum division from Pfizer for $4.2 billion
- 2004: Wrigley buys the Joyco gum & candy business from Agrolimen (Spain) for $272 million
- 2004: Tootsie-Roll (USA) acquires Concord Confections (Canada) for $197 million
- 2006: Cadbury invests €148 million to expand gum capacity in Poland, Mexico
- 2006: Cadbury buys the other 49% of Kent Gida, Turkey, for €80 million
- 2006: Perfetti Van Melle buys candy & gum company Chupa Chups for an estimated €400 million
[edit] Chewing gum companies
- Aidin, Iran [1]
- Ajyal, Syria [2]
- Akas, Turkey [3]
- Amurol Confections, USA [4] (subsidiary of Wrigley)
- Atlas Sweets, Israel
- Batook, Saudi Arabia [5]
- BibleGum, Alaska [6]
- Big League Chew, USA [7]
- Breath Asure, USA] [8]
- Bubblicious, USA [9]
- Cadbury Adams, USA [10]
- Candyland, Pakistan [11]
- Canels, Mexico [12]
- Chiclera, Costa Rica [13]
- Dandy, Denmark [14] (acquired by Cadbury)
- Danpak, Pakistan [15]
- Dubble Bubble, Canada [16]
- Everestgum, USA [17]
- Ferndale, Australia [18]
- Glee Gum, USA [19]
- Happy Motion, Italy [20]
- Hilal Candy, Pakistan [21]
- Hollywood, France [22] (acquired by Cadbury)
- Hubba Bubba, Canada [23]
- Jenkki, Finland [24]
- Jiujiuwang, China [25]
- Joyco, Spain [26] (acquired by Wrigley)
- Jungle Gum, USA [27]
- Kallas, Syria [28]
- Leaf, Finland [29]
- Lotte, Japan [30]
- Mottainvest, Romania [31]
- Natural Gum Chicle, Mexico [32]
- Nicorette, USA [33]
- Oshe, USA
- Perfetti Van Melle, Italy [34]
- Propolis Chewing Gum, USA
- Sex Gum, Mexico [35]
- Sorbits, Denmark [36]
- Sportlife, Netherlands ([37]
- Stimorol, Denmark [38] (acquired by Cadbury)
- Stimorol, Switzerland [39] (acquired by Cadbury)
- Swell Cry Baby, USA [40]
- Topps, USA [41]
- Trident, Canada [42]
- Verve, USA [43]
- Vidal Golosinas, Spain [44]
- Wm. Wrigley Jr. Co., USA ([45]
- XyliFresh, Finland [46]
- Zed Candy, Ireland [47]
[edit] See also
[edit] References
References:
- ^ Chocolate & Confectionery Int'l, June 2006.
- ^ Candy USA, November 7, 2006.
- ^ Euromonitor, 2002.
- ^ Euromonitor, 2002.
- ^ Euromonitor, 2004.
- ^ Candy USA, November 7, 2006.
