These Candy Companies have a Surprising New Strategy
Candy companies are jumping on the health food bandwagon. Yes, really. Mars Chocolate North America and Hershey both plan to introduce snack bars for health-conscious consumers, according to Ad Age. The two companies unveiled their new bars at the Sweets and Snacks Expo this week in Chicago. Mars and Hershey are the biggest players in the US confectionary market with 25 market share each, Ad Age said. The new snack bars will feature fruit, nuts, dark chocolate and, allegedly, lower calories. With the new bars, the two companies will compete against each another as well as against Kind, a successful snack bar start-up. Mars will reportedly debut its Goodnessknows bars in stores in August. Hershey's Brookside bars are just now starting to reach store shelves. The push into snack bars comes amid a broader shift by the food industry to make their products healthier, or at least appear healthier. Fast-food chains are increasingly selling lower calorie menu items and meat produced without hormones.