Posts Tagged ‘ Global Research & Data Services ’

Chocolate Lovers Rejoice—Confection Reaches No. 1 in Sales
Monday, May 20th, 2013

Whether it’s dark, milk, white or melted, most of the world’s population loves some form of chocolate.

And, it shows. According to a new market research report by Global Research & Data Services, chocolate accounts for more than 55 % of total confectionary sales in the world.

Confections reached the $185.5 billion mark last year globally, with more than a 5% increase compared to last year.

It is no surprise that the United States landed in the top five countries in terms of confectionary market value, driven mostly in part by new flavors, ingredients and products.

Honey has done its part to boost the chocolate market in the United States, as Honey Stinger (chocolate waffle), Trader Joe’s (dark chocolate honey mints) and BeeAlive (chocolate honey mints) all have recently released new products.

Confectionary sales continue to grow, and Global Research & Data Services predicts the category reaching a global $208 billion mark by 2017.

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