Top 10 confectionery manufacturers in the world
Mondelez International Inc. has officially abandoned its pursuit of Hershey Co., which would have created the biggest confectionery conglomerate in the world.
Mondelez offered a $23 billion cash-and-stock bid to Hershey, but it was declined, and now the company has announced that it will cease its attempts.
Considering Hershey’s outright rejection, it’s quite surprising to learn in what order these two businesses rank in the 10 top confectionary manufacturers in the world (according to Candy Industry). The list is as follows:
10. Grupo Arcor
Established in 1951, Argentinian food company Grupo Arcor – known more simply as Arcor – specialises in confectionery which is created in its 39 Latin American factories and distributed worldwide. It is the Argentine group with the most open markets in the world, exporting to over 120 countries.
Haribo is a German sweet company created in 1920, specialising in jelly candy and characterised by iconic shapes. It is distributed all over the world, currently expanding into Asia, and has opened a production facility in the UK and, soon, Brazil. The company holds its largest presence in Europe, with steady popularity in Britain.
8. Perfetti Van Melle
This Italian confectioner was formed in 2001 and has grown swiftly ever since. It owns 30 subsidiary companies and distributes to over 159 countries. Perfetti Van Melle manufacturers such popular brands as Chupa Chups, Fruittella, Mentos, and Smint.
7. Lindt & Sprugli
Swiss chocolate company Lindt & Sprugli was formed in 1845 and was originally known for its truffles, now better recognised for soft spherical chocolates wrapped in a harder shell. While demand for the company’s products diminished hugely in the US over the years, the brand has maintained popularity across Europe, and in Australia, where Lindt ice cream is available.
6. Hershey Co.
Hershey was created in 1894 and is the largest confectionery manufacturer in the US. Known for its Kisses and Reese’s series the company is known worldwide, although it has slid further down the rankings in recent years. However, it remains one of the most popular in the world.
5. Meiji Co.
Japanese confectioner Meiji, established in 1916, creates pharmaceutical products as well as sweets but is known internationally as the creator of Hello Panda and Yan Yan. Its other avenues of revenue in both foods and medicines have ensured a high ranking for the company.
4. Ferrero Group
Founded in Italy, Ferrero is the third largest confectionery manufacturer in the world, having been founded in 1946. Ferrero invented the hazelnut cream found in its iconic Ferrero Rocher, and thanks to products such as this, the Kinder line, and Nutella, the secretive company is enormously popular all over the world.
Nestlé is a Swiss food and beverage company founded in 1866, best known for products like Kit Kat, Nesquick, Nespresso, and Maggi. It is the largest food company in the world measured by revenue, and is enormously popular worldwide, continuing to acquire big businesses and make its mark in every possible sector.
2. Mondelez International
American multinational company Mondelez, established just four years ago in 2012, now consists of some of the most famous food brands in the world such as Oreo, Milka, Toblerone, TUC, and Cadbury. It operates in 80 countries with a yearly revenue of around $36 million.
1. Mars Inc
Also an American company, established in 1911, Mars has gone from strength to strength. It manufacturers some of the most famous confections in the world, including M&Ms, Galaxy, Snickers, Skittles, and of course Mars bars. It is the sixth largest privately-held company in America, and the best-known company in its sector globally.
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Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.