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Confectionery Essay Topics & Paper Examples

UK chocolate market structure

The UK confectionery market has been forecast to increase at a compound annual growth rate (CAGR) of 2.16% over the next five years, increasing from a per-capita consumption of over 8.7Kg at the start of 2012, to reach just over 9.4Kg by 2017. According to a recent report, ‘The Future of the Confectionery Market in the United Kingdom to 2017,’ in terms of categories, ‘Chocolate’ is forecast to continue as the largest sector in the industry, and will see a volume of just under 400 million Kg by 2017. The second largest category, ‘Sugar Confectionary’ will see a volume of around 180 million Kg by 2017. With consumers staying at home to save money because of the economic crisis, demand…