Candy Industry News

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Allied Market Research’s recently released global sugar confectionery market report projects sugar confectionery sales will reach $55.594 billion by 2022. The study foresees an estimated CAGR of 3.2 percent between 2016 and 2022. It’s no surprise then that key industry players are leaving no stone unturned in tapping the immense potential of the market. 

Wana Brands has been an innovator in the cannabis infused-products industry in Colorado since 2010. As one of the state’s original infused products manufacturers, the Boulder, Colo.-based company has developed a broad range of artisan, made-from-scratch edibles, concentrates and medicinal products, including the state’s most popular sour gummies. 

With Easter arriving three weeks later than the 2016 holiday, consumers are expected to spend a record amount on candy, food and clothing, says a new survey sponsored by the National Retail Federation.

The American Licorice Co. has announced plans to celebrate National Licorice Day and the company’s California connection in style.

But a week later, 1-800-Flowers.com, Fannie May’s New York-based parent company, announced it would sell the brand -- along with the Harry London brand, an Ohio manufacturing facility, two warehouses and 79 retail stores -- to Ferrero International for $115 million.

Oakbrook Terrace, Ill.-based Ferrara Candy Co. has partnered with 7-Eleven on a sloth-themed marketing campaign that features gummies and a Slurpee flavor exclusive to the c-store chain.

Bethlehem, Pa.-based Just Born Quality Confections has appointed five independent members to join existing members Ross Born and David Shaffer on its board of directors. 

Lee Hartman, director of sales for Printpack and a 33-year veteran of the confectionery industry, will retire on March 23. 

Italian group Ferrero International has announced a multimillion-dollar deal to purchase Fannie May Confections Brands, Inc., from 1-800-Flowers.com, Inc., a leading floral and gourmet gift provider.