The Spanish brand dedicated to the manufacture and sale of candy with a stick, Chupa Chups, had a revenue of over 70 million euros in 2020, quite a significant decrease compared to the previous years. In the early '60s, the company Granja Asturias, headed by Enrique Bernat, invented a candy with a stick, which would be called Chupa Chups. The product's success in Spain and worldwide led the company to take the name of its product. After experiencing declining sales in the early 2000s, the Italian Perfetti Van Melle bought the Spanish enterprise.
The success of Spanish candies
Candies are not the predominant product in the confectionery industry, but it is a product that has a long tradition with symbolic products such as Chupa Chups. The company, however, is not heading the market. Indeed, a few other candy companies in Spain prevail.
Overall, international trade is the main contributor to this Spanish subsector. All the same, this sweet has its importance in the Spanish confectionery sector as Spain is one of the leading producers worldwide.
Chocolate, the favorite sweet by Spanish consumers
Despite the international success of candy, it is not the star product of the confectionery industry in Spain. Chocolate is the flagship confectionery product in the country, with the signs of slowing down. In 2020, the consumption of chocolate amounted to over 158 million kilograms.
Even though reducing sugar consumption is being increasingly talked about, chocolate remains the highest-grossing product among confectionary sales in Spain.
Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020
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The data base INFORMA D&B, from which the information was extracted, collects data from multiple public and private sources such as BORME (BoletĂn Oficial del Registro Mercantil), BOE ( BoletĂn Oficial del Estado), national and regional press, ad hoc research and other publications.
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elEconomista, & elEconomista. (December 5, 2022). Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in million euros) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/
elEconomista, und elEconomista. "Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in million euros)." Chart. December 5, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/
elEconomista, elEconomista. (2022). Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in million euros). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/
elEconomista, and elEconomista. "Annual Sales Value of The Company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in Million Euros)." Statista, Statista Inc., 5 Dec 2022, https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/
elEconomista & elEconomista, Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in million euros) Statista, https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/ (last visited September 01, 2024)
Annual sales value of the company Chupa Chups S.A.U. in Spain between 2012 and 2020 (in million euros) [Graph], elEconomista, & elEconomista, December 5, 2022. [Online]. Available: https://www.statista.com/statistics/765057/evolution-value-from-the-sales-from-sucks-chups-in-spain/