Who Owns Milky Way?
Milky Way is owned by Mars, Incorporated, the private American confectionery company. Milky Way was introduced in 1923 and is one of the best-selling candy bars in the United States. Note that US and European Milky Way are different products: US Milky Way contains chocolate nougat, caramel, and milk chocolate and is equivalent to the European Mars Bar; European Milky Way is a lighter nougat-only bar.
Parent Company
Unknown
Founded
1923
Status
Private
Headquarters
McLean, Virginia, USA (Mars)
Who Owns Milky Way?
- Parent Company: Unknown
- Ownership Type: Wholly owned
- Company Type: State-Owned
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Milky Way | Unknown | Wholly owned |
History of Milky Way
- Founded: 1923
- Founders: Mars, Incorporated
Milky Way was introduced in 1923 by Frank C. Mars, founder of the company that would become Mars, Incorporated. It was one of the first mass-produced candy bars in the United States and helped establish Mars as a major confectionery company.
The bar combined chocolate nougat, caramel, and milk chocolate in a format that was novel for the era and accessible to working-class consumers as an affordable sweet treat. The name was inspired by a malted milk drink of the era, not the galaxy.
US vs. European formulation: There is a significant and frequently misunderstood distinction between the American and European versions of Milky Way. The US Milky Way bar is equivalent to the European Mars Bar (chocolate nougat, caramel, milk chocolate coating). The European Milky Way is a different, lighter product with only aerated nougat in a thin chocolate coating, positioned as a lighter snack. The Mars Bar, which uses the same recipe as the US Milky Way, is sold separately in European markets under the Mars name.
Where Is Milky Way Made / Based?
- Headquarters: McLean, Virginia, USA (Mars)
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Milky Way
No direct competitors found in the same category. This could be because Milky Wayoperates in a unique market segment or we're still building our competitor database.
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