Turnover: 362 million EUR (2022)
Country: Switzerland
Ricola is a Swiss family business founded in 1930 by Emil Richterich, specializing in the manufacture of herbal sweets. The company is famous for its secret recipe Thirteen Herbs candy, which is sold all over the world. The company also offers other flavors of Ricola candy, as well as instant infusions based on the same thirteen plants.
News
Ricola brings its herbal sweets to pharmacies 08/10/2023
- Ricola is launching a new range called Ricola Réconfort in French pharmacies in November 2023. The range includes three recipes: Honey Lemon, Lemon Menthol and Sweet Mint.
- The target price for this new range is €2.9.
- Over the next 5 years, Ricola aims to capture a 10% share of the pharmacy throat candy and lozenge market.
- The market for throat candies and lozenges in pharmacies is estimated at between 25 and 26 million units a year.
- Ricola's brand awareness is 98%, but its market penetration is only 16%
- Ricola plans to open an ephemeral boutique in Paris from October 17 for a period of 7 months.
- This year, Ricola sales rose by 15% in value and 2.5% in number of units in French supermarkets.
- With one billion sweets sold, Ricola is the leading brand in pocket confectionery, with a market share of 38%, ahead of TicTac at 26%.
- Following the Covid-19 pandemic, Ricola sales fell by 14%, before rising by 20% compared to 2020.
Ricola slips into pharmacies with its herbal sweets 04/10/2023
- Ricola's herbal sweets are about to make their debut in pharmacies.
- With a 38% market share, Ricola is France's market leader in small pocket confectionery, ahead of Tic Tac, Mentos and La Vosgienne. Until now, the Swiss company has been distributed mainly in stores.
- Ricola Réconfort is a competitor to Strepsils pastilles.
- Ricola, annual sales estimated at 362 million euros
- Family-owned company founded in 1930
- Low penetration rate in France (16%)
- The confectionery market grew by 16% to 1.3 billion euros year-on-year at the end of September, according to the Nielsen Institute.
- Sales rose by 15% last year and volumes by 2.5%
Ricola achieves record sales in 2022 03/05/2023
- In 2022, Ricola achieved significantly higher sales than in 2019.
- Double-digit growth in cough candy sales in the US and Canadian markets in 2022 compared with 2019.
- Ricola gains significant market share in the USA in 2022.
- Significant sales growth for Ricola in Germany in 2022.
- Record market share for Ricola in France in 2022, with the opening of its first store in Paris.
- Strong sales growth in Switzerland in 2022 following access to Migros in October 2022.
- Positive business for Ricola in Spain, Belgium and Eastern Europe in 2022.
- Business recovery in many Asian markets, with remarkable growth in South Korea.
- 100% of the herbs used by Ricola meet the standards of natural cultivation.
- Ricola exports herbal specialties to 45 countries.
Studies mentioning this company
Other companies mentioned:
- Haribo Ricqles Zan France
- Mondelez Groupe
- Carambar & Co
- Kubli
- Mondelez France
- Lindt & Sprungli
- Mars Group
- Ferrero
- Confiserie du Nord Têtes Brûléées
- Lutti (Carambar Co)
- Clément Faugier
- Francois Doucet
- Perfetti Van Melle
- Chocmod
- Astra Sweets (Vanherpe Groupe)
- Brabo
- Douceurs du Palais
- Ricola
- Cerdan Caramelos
- Chupa Chups (PerfettiI Van Melle )
- Damel Group
- Cruzilles Confiserie
- Solinest