Sweet Success: Meet the Brach’s VP Driving Candy Corn’s Halloween Empire!

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4 Min Read

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A close-up of a trio of ⁢candy corns.
Brach’s seasonal division, renowned for its candy corn, has appointed a new Vice President.

  • Matt Escalante has been appointed as the⁤ new VP of Brach’s seasonal division, famous for its candy corn.
  • The company acknowledges that its flagship product is⁤ divisive but commands a significant share of the nearly $90 million market.
  • Escalante⁤ asserts that this treat is here to⁤ stay, ⁢regardless of public opinion.

If you’ve indulged in candy corn over the past century, there’s a⁤ strong likelihood it originated from Brach’s.

This confectionery powerhouse dominates the candy corn sector, producing an impressive 28 million pounds ​annually and generating $75‌ million from an $88.5 million market in 2022, according to consumer research firm Circana.

This staggering​ output translates to‌ over 2 billion ⁣individual kernels—enough to wrap around the moon almost 13 times, as reported‍ by Business Insider.

Despite​ the thriving market for candy⁢ corn, opinions on this treat ​remain sharply divided due to its waxy texture and vibrant colors paired with an overly sweet aftertaste.

Lists ranking both the best and worst Halloween‌ candies frequently include this polarizing confection. In previous years, Brach’s has embraced this debate by launching ​limited-edition flavors‍ designed for social media buzz; one notable‍ example was their Thanksgiving dinner variety ⁢in 2021 featuring flavors like roasted turkey and stuffing that received mixed‌ reviews from consumers who found them⁣ unappealing.

The New Leadership: Matt ⁣Escalante

Enter ‌Matt Escalante—the newly appointed vice president overseeing Brach’s⁢ seasonal division where Halloween‍ reigns supreme ⁤as​ a pivotal‌ time​ for‌ sales. After joining in July following extensive experience in the alcoholic beverage sector, Escalante now serves⁣ as an enthusiastic advocate for their controversial product: candy corn.

A Personal Preference

Escalante expresses his fondness for candy ⁤corn—preferring it one piece at a time rather than consuming handfuls. However, he‍ also emphasizes that both ⁣he and his ⁤team ​are eager to explore new flavor profiles that might appeal more broadly beyond just sparking online discussions.

Innovative Flavors on Offer

This season introduces Brach’s latest fall-themed offering called “Autumn Leaves,” which features five unconventional flavors: caramel ​apple, pumpkin spice, sweet maple, salted butterscotch, and spiced cider.

“We are constantly experimenting with ​fresh flavor combinations,” said Escalante. “These are⁢ our current offerings; however we’re already brainstorming ideas for next year and beyond.”

Brach’s Place Within Ferrara Candy Company

Brach’s operates under Ferrara Candy Company—a‌ leading entity within non-chocolate confections alongside brands such ​as Jelly Belly and Nerds. ⁤Notably mentioned by ‍The Wall Street Journal is Nerds Gummy Clusters ⁣which emerged as a⁣ recent sensation since its launch ⁤in 2020—amassing over $500 million in sales just this year alone!

A Growing Market Opportunity

While Brach’s hasn’t yet ventured into gummy clusters themselves opportunities abound within non-chocolate categories; consumer sales have surged more than 48% from‍ $7.5 billion back in 2020 up towards nearly $12.5 billion thus far into this year⁣ according to Circana data analysis!

Read the original article on Business Insider

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