date:Jan 23, 2014
ing hectic lifestyle of consumers expected to drive this growth.
Major challenges
Lucintels findings also highlighted major challenges likely to be faced by the industry. Rising prices of raw materials, especially cocoa beans, was already affecting the manufacturing cost of chocolates, which can lose a challenge for market growth.
Other factors such as intermittent raw material supply and lack of efficient distribution channels in emerging markets could also create challenges for the chocolat