date:Jun 05, 2012
ds, IBISWorld said.
Naren Sivasailam, industry analyst at IBISWorld, said: The high level of value addition during the production process has enabled the industrys major players to maintain high profit margins and perform well despite recessive economic conditions.
IBISWorld data forecasts that Australias chocolate and confectionery will rise by 2.2% in 2011-12 and hit revenues of A$3.09bn. The sector has been growing steadily at this rate for the past five years and will continue to do so o