date:May 24, 2012
round 9% in China, 8% and Russia and 10 and 20% in Brazil and India respectively.
Retail value sales in Mexican chocolate confectionery are projected to rise to $1.15bn this year, which will represent a 19% increase since 2008 according to Euromonitor figures.
The market is forecast to grow a further 9% by 2014.
Following Ferrero
Ferrero has spotted the potential and is looking to increase its 13% share in the market by building its first in-country production site. The $190m plant will