As of the financial year 2022/2023, the revenue of the international group Ferrero amounted to about 17 billion euros. The Italian confectionery manufacturer Ferrero was founded in Alba, Piedmont, and produces a wide range of confectionery goods under various brand names. Ferrero is the third-largest confectionary company in the world (by net sales). Footprint The confectionery company produces a bit less than 550,000 tonnes of CO₂ equivalent greenhouse gases. The company successfully reduced its scope 1 and 2 emissions by about 60,000 tonnes of CO₂ equivalent from 2017/18 levels. Scope 1 emissions, meaning emissions that occur from sources directly controlled and owned by Ferrero, account for 88.6 percent of these emissions. Ferrero workforceIf the hours all employees are working at Ferrero are summed up and divided by the time a full-time employee usually works at Ferrero, the company’s number of full-time equivalent workers comes to 47,212 employees. Ferrero’s workforce grew and is up by just under 5,800 employees from the prior financial year.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 27.99(USD Billion) |
MARKET SIZE 2024 | 29.0(USD Billion) |
MARKET SIZE 2032 | 38.5(USD Billion) |
SEGMENTS COVERED | Type, Ingredients, Distribution Channel, Target Consumer, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | increasing health consciousness, premiumization trend, evolving consumer preferences, rise of plant-based options, online retail growth |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Haribo, Ferrero, Pladis Global, Hershey, Unitec Foods, Meiji Holdings, Bounty, Perfetti Van Melle, Cloetta, Nestle, General Mills, Mars, Group Ferrero, Mondelez International |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Health-conscious candy alternatives, Eco-friendly packaging solutions, Premium and artisanal candy bars, Digital retail expansion strategies, Innovative flavor combinations and experiences |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.6% (2025 - 2032) |
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As of the financial year 2022/2023, the revenue of the international group Ferrero amounted to about 17 billion euros. The Italian confectionery manufacturer Ferrero was founded in Alba, Piedmont, and produces a wide range of confectionery goods under various brand names. Ferrero is the third-largest confectionary company in the world (by net sales). Footprint The confectionery company produces a bit less than 550,000 tonnes of CO₂ equivalent greenhouse gases. The company successfully reduced its scope 1 and 2 emissions by about 60,000 tonnes of CO₂ equivalent from 2017/18 levels. Scope 1 emissions, meaning emissions that occur from sources directly controlled and owned by Ferrero, account for 88.6 percent of these emissions. Ferrero workforceIf the hours all employees are working at Ferrero are summed up and divided by the time a full-time employee usually works at Ferrero, the company’s number of full-time equivalent workers comes to 47,212 employees. Ferrero’s workforce grew and is up by just under 5,800 employees from the prior financial year.