date:Dec 04, 2012
The confectionery market of Australia is set to continue growing momentum in the next five years, finds a new research by UK-based research firm Canadean Food.
According to the report 'The confectionary market in Australia, to 2016' released by Canadean, the compound annual growth rate (CAGR) of the market for 2011-2016 is projected to grow by close to 23% compared to 2006-2011 period.
Similar growth pattern was observed among all the three segments of the markets that include chocolate, gum,