Positive Outlook in Emerging Confectionery Markets
Retail growth for confectionery in emerging markets is expected to be three times faster than that of developed regions from 2012 to 2017. In absolute value terms, some 77% of global growth will stem from developing markets. More importantly, in most of these economies retail value gains have overtaken volume growth in recent years, indicating rising demand for more sophisticated, higher-priced products. This is creating an environment favourable to higher operating margins for manufacturers.