this post was submitted on 09 Apr 2024
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Or we just don't actually have that many hazelnuts. Or Ferrero just makes some really yummy stuff and hence it's bought in insane amounts.
If its such a lucrative business for Ferrero, how come there aren't competitors enough to make it so they can't hog 25%?
80% goes to the EU confectionery industry, according to what I could quickly Google. So 65% go to Ferrero like companies that aren't Ferrero.
80% - 25% = 55%
This is me, math genius. ๐
American candy manufacturing mostly uses peanuts and/or almonds instead, so they compete but not for filberts/hazelnuts.
I will also contend that they're not that good a nut on their own, they need chocolate to achieve their true destiny.
I have to downvote you on the hazelnuts not being very good. They're one of my favorite nuts, and they look cool!
To me they look like chickpeas wearing windbreakers, and I prefer pecans. But you are welcome to your own preferences, enjoy! I do think hazelnuts are the very best nut with chocolate, even over pecans.