Wrigley has announced the launch of four new products that premiered at the National Association of Convenience Stores (NACS) Show held in Atlanta Oct. 18-21. The products will be available in the coming months.
Mars, Inc., announced Thursday it will combine its chocolate segment and its Wrigley subsidiary to form a new division, Mars Wrigley Confectionery, further cementing Mars’ status as a global confectionery leader.
The gum and mint manufacturer, which sells aspartame-free sweets, made the list with a five-year revenue growth of 5,496 percent. It was also ranked no. 1 in the Manufacturing and Distribution category.
The confectionery ingredients market is expected to reach $76.81 billion by 2021, according to a new report by India-based market research firm Markets and Markets.
"It’s no secret that the gum category overall has had its challenges but there are diamonds in the rough in every sector," says Tyler Merrick, founder and ceo, Project 7.