Category Archives: 1. The Chocolate Market
Fierce Competition In The Market
Ferrero has established itself as the market leader (23% market share by value) before Mondelez, the chocolate bars leaderĀ , which only slightly increased to about 18%, despite its ambitions of development very clearly stated on the seasonal and confectionery … Continue reading
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Chocolate Manufacturers Innovate
The life cycle of products tends to shorten, which then constraint manufacturers to constantly renew their bid to retain customers and continue to be profitable. This is the reason why the competition on the chocolate industry is tough and companies … Continue reading