date:Jun 09, 2014
ndelez International and Mars in a global market with more than $196 billion in retail sales, according to Euromonitor International.
Over the last seven years, Nestle's confectionery business has grown at an average rate of 5.7 percent, below the group average of 6.3 percent, according to Vontobel analysts.
Gourmet chocolate, often made with higher cacao content and exotic flavors such as chilli or ginger, is still a small part of the market and boasts a range of independent players such as L