date:Jul 31, 2012
Thailands confectionery market was pegged at 13.2bn Thai baht (THB) ($418m) for 2011 and has seen a 73% growth in value since 2007, according to Leatherhead market analysis. Volume sales were worth an estimated 44,200 tonnes in 2011, up from around 35,000 in 2007 at a yearly growth rate of around 7% each year.
The sugar confectionery market eats up the lions share; representing around 51% in value terms and worth an estimated THB6.7bn ($212.1m), the report said. This segment is significantly