date:Jun 05, 2012
IBISWorlds report 'Chocolate and Confectionery Manufacturing in Australia said that the industry had overcome volatile commodity prices and increased import competition by investing in NPD.
The report noted a rise in consumption of healthy substitute products such as snacks, cereals, nuts, yoghurt and fruit had further squeezed demand.
The advent of the health-conscious consumer has required chocolate and confectionery producers to be innovative with product lines and adapt to consumer deman