Nestlé was the leading chocolate company in Canada in 2018, holding a share of around 18.6 percent of all chocolate sales in Canada in the 52 weeks ending July 21, 2018. Hershey and Mondelez were in second and third place, with market shares of 16.7 and 14.8 percent respectively.
The growth of Nestlé
Nestlé is a Swiss food and drink company which was formed through a merger in 1905. The company witnessed significant growth during and after the two world wars, when they started to extend their products beyond condensed milk and infant formula. Today, the company owns over 2,000 brands. Besides their world-renowned chocolate brands, such as KitKat and Smarties, they now also produce several other FMCG products including baby food, bottled water and other beverages, cereals, coffee and tea and snacks.
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Hershey's. (February 1, 2018). Chocolate market share in Canada as of 2018, by company [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/
Hershey's. "Chocolate market share in Canada as of 2018, by company." Chart. February 1, 2018. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/
Hershey's. (2018). Chocolate market share in Canada as of 2018, by company. Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/
Hershey's. "Chocolate Market Share in Canada as of 2018, by Company." Statista, Statista Inc., 1 Feb 2018, https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/
Hershey's, Chocolate market share in Canada as of 2018, by company Statista, https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/ (last visited December 14, 2024)
Chocolate market share in Canada as of 2018, by company [Graph], Hershey's, February 1, 2018. [Online]. Available: https://www.statista.com/statistics/315275/canada-s-chocolate-market-share-by-company/