The Hershey Company, commonly known as Hershey's, is an American multinational company and one of the largest chocolate manufacturers in the world. It also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. Its headquarters are in Hershey, Pennsylvania, United States.
Ever since the day the Boyer Brothers created the first cup candy in the world, Mallo Cups and other Boyer candies have been favorites amongst all sweet tooth and candy lovers. Its headquarters are in Altoona, PA.
Chocolate purchases (format, type, season)
Household chocolate recipients
Influences on change in chocolate consumption
Associations with purchase location
Factors important to chocolate purchase
Frequency of chocolate use for occasions
Operators in the Global Candy and Chocolate Manufacturing industry purchase and process sugar, cocoa, cornstarch, nuts, fruits, emulsifiers and flavorings, to create chocolate and other confectionery products. Final industry products include chocolate, chewing gum, hard candies, marshmallows and toffee.
As the US economy began to rapidly improve after the peak of the coronavirus pandemic, the prolonged period of record-low interest rates and governmental aid has contributed to record-high inflation levels. Rising inflation makes the cost of everyday items more expensive, and when this rate increases at a faster rate than wages, then consumers’ purchasing power begins to fall. As a result, chocolate product prices have increased.