Founded in 1946, Ferrero is the third-largest company in the global chocolate confectionery
market, with global sales expected to exceed USD 11bn this year, distribution across over 160 countries, and a workforce of more than 30,000 people across 53 countries.
had an uneven year in 2016.
Euromonitor International's Chocolate Confectionery
in Denmark report offers a comprehensive guide to the size and shape of the market at a national level.
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Market size for Chocolate Confectionery
in UK is given in GBP and tonne with a minimum of five years' historical data.
However, in the last five years the total volume of the local chocolate confectionery
market has expanded by nearly 50 percent to over 125,000 tonnes.
There is a great demand for zero-sugar chocolate confectionery
products in the UK," said director Lucio Forgione, who predicted other confectionery brands would follow suit.
The move follows new guidelines from the Food Standards Agency earlier this year recommending that manufacturers reduce the saturated fat in chocolate confectionery
by at least 10% by the end of 2012.
The European Commission gave the go-ahead, on 6 January, to the proposed merger between two strong players in the chocolate confectionery
business in the European Economic Area, Kraft Foods Inc.
Monkhill is owned by food giant Cadbury Schweppes and makes the Butterkist popcorn brand, Barratt Sherbet Fountains, Jameson's chocolate confectionery
and a range of branded boiled sweets, gums and jellies.
Kraft is active worldwide in the manufacture and sale of packaged foods and beverages, in particular snacks, cheese and dairy products, coffee, chocolate confectionery
Growing health awareness means consumers are cutting down on the amount of chocolate they eat and give as gifts, Mintel's Seasonal Chocolate Confectionery
market has experienced growth of 11 percent from 1998 to 2003, and Americans consume over 3.
The Hershey business is an obvious target for Nestle world leader in chocolate confectionery
but a weak number three in the U.
He used ground cocoa initially as a medical ingredient and soon embarked on the commercial production of chocolate confectionery