date:Feb 17, 2013
venue to grow at a rate of 5% a year, annual growth peaking at 6% in 2014 and 2016, when the World Cup and Olympic Games will take place. Furthermore, by 2017 the market is set to reach R$14 billion (US$7.1 billion). While value sales continued to grow, volume levels have remained stable, at an average of 260 thousand tons a year from 2007 to 2011.
Over the past five years, the confectionery market has shown fast revenue growth against stable growth for sales volume. Apart from raw material pri