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==Modern consumption== Panettone is widely available in South America, including in Argentina, Brazil, Chile (see: ''[[pan de Pascua]]''), Peru, Colombia, Uruguay, Venezuela, Bolivia, Paraguay, and Ecuador. It is known in Spanish as ''panetón'' or ''pan dulce'', and as ''panetone'' in Brazilian Portuguese. Peru's Antonio D'Onofrio, son of immigrants hailing from [[Caserta]], Italy, spawned his own brand using a modified form of the Alemagna formula (e.g., candied papaya is used instead of candied citron and lemon, as these fruits are not available in Peru), which he licensed along with the packaging style. This brand is now also owned by [[Nestlé]] and exported throughout South America. Panettone is popular within Italian communities in the US, Canada, Australia, and the UK.{{Citation needed|date=December 2024}} Italian food manufacturing companies and bakeries produce 117 million panettone and ''[[pandoro]]'' cakes every [[Christmas]], collectively worth €579 million.<ref>{{cite news | access-date=6 December 2008| title=Panettone makers want to keep Christmas cake Italian| url=https://www.reuters.com/article/idUSL12575770/ | work=Reuters | first=Robin | last=Pomeroy | date=12 December 2007}}</ref> Peru is the world's biggest consumer of panettone, surpassing Italy, with 1.3–kg of panettone per person in a year for Peru.<ref>{{cite news | access-date=6 February 2024| title=Perú es el país que consume más panetón en el mundo, superando a Italia| url=https://agraria.pe/noticias/peru-es-el-pais-que-consume-mas-paneton-en-el-mundo-superand-34121#:~:text=kg%20de%20Italia-,Per%C3%BA%20es%20el%20pa%C3%ADs%20que%20consume%20m%C3%A1s,el%20mundo%2C%20superando%20a%20Italia&text=Seg%C3%BAn%20el%20%C3%BAltimo%20estudio%20de,(0.8%20kg%20por%20persona) | work=Agraria | date=12 December 2023}}</ref><ref>{{cite news | access-date=6 February 2024| title=Perú es el mayor consumidor de panetón del mundo, venciendo a Italia y Brasil: los retos que enfrenta el 2023| url=https://www.infobae.com/peru/2023/12/09/peru-es-el-mayor-consumidor-de-paneton-del-mundo-venciendo-a-italia-y-brasil/ | work=Infobae | first=Edwin | last=Montesinos | date=19 December 2023}}</ref>
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