date:Jun 19, 2012
rs.
The facility Pernambuco produces Bis and Lacta brand chocolates and Club Social brand biscuits.
The Brazilian market forms part of the compendium of developing markets, the BRIC countries, which analysts are touting as future hotspots for confectionery sales growth.
The chocolate market in Brazil, for examples is projected to grow 22% from 2012 to 2014 to $7.7bn, according to forecasts from market analysts at Euromonitor International.