Who Owns Nutella?
Nutella is owned by Ferrero Group, a privately held Italian multinational confectionery company headquartered in Alba, Piedmont, Italy. Nutella is Ferrero's flagship brand and the world's best-selling branded chocolate hazelnut spread. Ferrero Group is controlled by the Ferrero family, with Giovanni Ferrero serving as Executive Chairman. The company generates annual revenues exceeding 17 billion euros and is the third-largest confectionery company in the world.
Parent Company
Ferrero
Founded
1964
Status
Private
Headquarters
Alba, Piedmont, Italy
Who Owns Nutella?
- Parent Company: Ferrero
- Ownership Type: Wholly owned
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Nutella | Ferrero | Wholly owned |
History of Nutella
- Founded: 1964
- Founders: Michele Ferrero
Nutella's origins lie in the aftermath of World War II, when cocoa was scarce and expensive across Europe due to wartime disruptions to supply chains and trade. In 1946, Pietro Ferrero, a pastry maker and confectioner in Alba, in the Piedmont region of northwestern Italy, developed a sweet paste he called "Pasta Gianduja" (later renamed "Giandujot"). The paste combined roasted hazelnuts, which were abundant and inexpensive in Piedmont's hazelnut-growing region, with a small quantity of cocoa and sugar. The Piedmont region's hazelnut orchards, which produce the Tonda Gentile variety prized for its flavor, provided the raw material that would become Nutella's defining ingredient.
Pietro Ferrero's original Giandujot was sold in solid blocks wrapped in foil, intended to be sliced and placed on bread as a substitute for the chocolate spreads that were unavailable due to cocoa shortages. The product was an immediate success in the local market, providing an affordable sweet treat at a time when sugar and chocolate were luxuries. Pietro Ferrero founded the Ferrero company in 1946 to manufacture and distribute the product.
In 1951, Pietro Ferrero reformulated the product into a creamier, spreadable version called "Supercrema Gianduja," which could be spread directly on bread like butter. This version was more convenient and appealing to consumers, and it became enormously popular throughout Italy. Pietro Ferrero died in 1949, and his son Michele Ferrero took over the company's leadership, proving to be one of the most gifted food product developers and marketers of the 20th century.
Michele Ferrero recognized that the Supercrema brand had limitations as a pan-European product due to Italian regulations that restricted the use of "super" in food product names. In 1964, he reformulated the product and relaunched it under the new name "Nutella," a portmanteau of the English word "nut" and the Italian diminutive suffix "-ella." The first jar of Nutella was produced on April 20, 1964, at the Ferrero factory in Alba. The new name was designed to be easily pronounceable across multiple European languages, facilitating the brand's international expansion.
Nutella's expansion across Europe in the 1960s and 1970s was rapid and transformative. The brand entered France in 1966, Germany in 1965, and subsequently expanded to other European markets. In each market, Ferrero positioned Nutella as a breakfast food for children, marketing it as a nutritious and delicious way to encourage children to eat bread in the morning. This positioning, which emphasized Nutella's hazelnut and milk content rather than its sugar and fat content, proved highly effective in building the brand's association with family breakfasts and childhood memories.
The brand entered the United States market in 1983 and Australia in the 1970s, gradually building a global presence. By the 1990s, Nutella had become one of the world's most recognized food brands, with a presence in over 75 countries. The brand's iconic glass jar, with its distinctive white label featuring the Nutella logo in red and brown, became one of the most recognizable packaging designs in the food industry.
World Nutella Day, celebrated annually on February 5, was created in 2007 by American blogger Sara Rosso as an unofficial celebration of the brand. Ferrero officially adopted and endorsed the event in 2015, transforming it into a global marketing occasion that generates significant social media engagement and brand awareness.
About Ferrero
Ferrero represents one of the world's most successful family-owned confectionery companies with over 75 years of heritage in chocolate and confectionery innovation. The company's philosophy centers on creating joy through high-quality confectionery products that combine Italian craftsmanship with global appeal. Ferrero's commitment to quality, innovation, and family values has established it as a global leader in the confectionery industry with strong brand recognition across diverse markets.
The company's business model emphasizes premium positioning across chocolate spreads, pralines, and confectionery products, with particular strength in brand building and product innovation. Ferrero invests heavily in research and development, focusing on new confectionery formulations, ingredient innovation, and advanced manufacturing technologies that enhance product quality and consumer experience. The company's dedication to understanding diverse consumer preferences across different cultures and demographics has created strong brand loyalty and market presence globally.
Ferrero maintains a global manufacturing and distribution network with facilities across Europe, North America, South America, Asia, and Oceania. The company's commitment to sustainability includes ambitious goals for environmental responsibility, ethical ingredient sourcing, and reducing environmental impact throughout its product lifecycle. Ferrero's brand portfolio spans from accessible confectionery products to premium chocolate specialties, serving diverse consumer segments across different price points and geographic markets.
- Founded: 1946
- Headquarters: Alba, Italy
- Company Type: Privately Held
Where Is Nutella Made / Based?
- Headquarters: Alba, Piedmont, Italy
- Manufacturing / Operations: Italy (Alba, Balvano, Sant''Angelo dei Lombardi), Germany (Stadtallendorf), France (Villers-Ecalles), Belgium (Arlon), Poland (Belsk Duzy), Australia (Lithgow, New South Wales), Brazil, United States
Nutella Ownership: Pros & Cons
Advantages
- +Ferrero Group's private family ownership structure allows long-term brand investment without the quarterly earnings pressure that publicly traded food companies face, enabling Ferrero to maintain Nutella's recipe and quality standards without cost-cutting that could compromise the product
- +Nutella's dominant market share in the chocolate spread category, exceeding 50 percent in most major markets, reflects exceptional consumer loyalty built over six decades that creates a durable competitive moat against private label and branded competitors
- +Ferrero's position as the world's largest hazelnut buyer, purchasing approximately 25 percent of global supply annually, provides supply chain security and pricing leverage that smaller competitors cannot replicate
- +The brand's deep cultural embedding in European breakfast culture, particularly in France, Germany, and Italy, where multiple generations have grown up eating Nutella, creates consumption habits that are highly resistant to competitive disruption
Considerations
- -Nutella's nutritional profile, with approximately 57 percent sugar and 31 percent fat by weight, creates ongoing regulatory and reputational risk as governments and health organizations increase pressure on high-sugar food products through taxation, labeling requirements, and marketing restrictions
- -Ferrero's dependence on hazelnuts, which are subject to significant price volatility due to weather events in Turkey (which produces approximately 70 percent of global supply), creates raw material cost risk that can compress margins in years of poor harvests
- -The brand's premium pricing relative to private label chocolate spreads creates vulnerability in price-sensitive markets or during economic downturns when consumers trade down to lower-cost alternatives
- -Ferrero Group's private ownership structure, while providing strategic flexibility, limits the company's access to public capital markets for funding large acquisitions or responding to competitive threats that require rapid capital deployment
Frequently Asked Questions About Nutella
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Nutella
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Nestle | Switzerland | 1921 | Mass Market | Global | All Genders | |
| Ferrero | Italy | 1923 | Mass Market | Europe | All Genders | |
| Mondelez International | United Kingdom | 1824 | Mass Market | Global | All Genders | |
| Mars Inc | USA | 1960 | Mass Market | North America | All Genders | |
| Hershey | USA | 1900 | Mass Market | North America | All Genders | |
| Nestle | Switzerland | 1935 | Mass Market | Global | All Genders |
Learn More About Competitors

Baby Ruth
Owned by Nestlé
Chocolate candy bar brand owned by Nestlé, featuring peanuts, caramel, and chocolate.

Butterfinger
Owned by Ferrero
Chocolate candy bar brand owned by Ferrero Group, known for its crispy, flaky texture.

Cadbury
Owned by Mondelez International
British multinational confectionery brand known for chocolate bars, Dairy Milk, Creme Eggs, and other confectionery products.

Galaxy Chocolate
Owned by Mars, Incorporated
British chocolate brand owned by Mars, Incorporated, known for smooth and creamy chocolate bars and confectionery products.

Hershey's
Owned by The Hershey Company
Iconic American chocolate brand known for Hershey's Milk Chocolate bars, Kisses, and various chocolate confections.

KitKat
Owned by Nestlé
Chocolate bar brand owned by Nestlé, featuring wafer biscuit coated with chocolate.
Competitive Analysis
Market Positioning: Nutella competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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