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Economy

Italian candy manufacturer Ferrero purchases exactly one quarter of the entire global hazelnut supply

HERE’S THE INTERESTING PART

Your late-night spoonfuls of chocolate spread are quietly dictating global agriculture. The Ferrero group, makers of Nutella, has an absolute stranglehold on the global hazelnut market, buying up 25% of the entire planet's supply annually. When bad weather hits Turkey, where most of the crop actually grows, the resulting economic shockwaves send massive candy conglomerates into sheer panic.

Italian candy manufacturer Ferrero purchases exactly one quarter of the entire global hazelnut supply
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