Sugar is Big Business

Sugar is Big Business

Hershey announced it is spending something in the neighborhood of $300 million to expand their manufacturing capabilities in Pennsylvania. Why? It’s simple, we can’t get enough chocolate. They already produce 70 million Hershey Kisses every day but we need more. The five largest candy companies have a combined net sale of almost $65 billion a year. That’s more revenue than what 66% of the countries bring in each year. Sadly, you don’t...

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Top Selling Halloween Treats [INFOGRAPHIC]

Top Selling Halloween Treats [INFOGRAPHIC]

40 million kids will be out trick or treating this Halloween filling their bags with pounds of added sugar. On average, Americans will spend roughly $44 a year on Halloween candy. In fact, 600 million pounds of candy will be purchased for Halloween festivities. To put that in perspective that’s 16 billion fun size Snickers or 158 trillion individual Candy Corns. Needless to say, Halloween has easily become the most popular candy buying holiday...

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The Top Candy Holidays For 2012

The Top Candy Holidays For 2012

What are the four biggest “candy consumption holidays”? Did you pick Halloween, Easter, Christmas and Valentine’s Day? While that list probably comes as no surprise think of this: Between Halloween and Valentine’s Day is basically four uninterrupted months of sugary sweets from office and school parties and other various social gatherings (including Thanksgiving). The amount of sugar consumed in this period of time is practically...

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How Much Does the US Spend on Candy Every Year?

How Much Does the US Spend on Candy Every Year?

How Much Does the US Spend on Candy Every Year? The number might surprise you. According to a 2008 study, Americans spend about $29 billion every year on candy. When you add in other sweets like soda, ice cream, pastries, etc. then you’re really talking about some serious money. Of course, we’re kidding. $29 billion is a lot of money. It’s more than we spent on the Manhattan Project. It’s more than we NASA’s annual budget. It’s more...

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Sugar Consumption Per Year [Infographic]

Sugar Consumption Per Year [Infographic]

How much candy do Americans eat in a year? Seven billion pounds is the answer. That might explain why, according to some studies, by 2030 more than half of the US population in 39 states will be obese… not just overweight but obese! In some states that number will be over sixty percent. Seven billion pounds is practically incomprehensible. What does it look like? Well, it’s the equivalent of nearly 21,000 blue wales which are the largest...

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