The is expected to reach $6.44 billion by 2025 as a result of increasing demand from consumers owing to the rising in disposable income. The confectionery market has witnessed stagnant growth over the past few years owing to the rise in health concerns to avoid sugar and recession. The economic recovery is expected to slowly increase the demand of confectionery over the forecast period. Increasing health awareness among the consumers is expected to drive the healthy eating habits. Thus, manufacturers are launching products to fulfill the requirements of consumer. For instance, dark chocolate nutrition bars and 100% cocoa products are being launched in the market.
- #1 Germany: Economy stalled in the final quarter of last year, just skirting recession as fallout from global trade disputes and Brexit put the brakes on a decade of expansion amid signs that exports will stay subdued for the time being.
- #2 UK: Economy expanded at its slowest annual rate in six years in 2018 after a sharp contraction in December. Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since 2012. Blame factory output and car production for the slowdown, among other factors.
- A Yellow Vest protestor was severely injured in Paris on Saturday, as police shot tear gas at those trying to knock down a barrier at the French Parliament. It is the second severe injury in as many weeks. The uprising against President Emmanuel Macron is in its thirteenth consecutive week.
- Fears about a no-deal Brexit and a growing rift over Italy’s budget are putting pressure on the euro and the pound. Rising global uncertainty and a widening U.S. yield differential with other economies provide support.
- The Eurozone economy grew at its weakest pace in more than four years during the third quarter as the public mood darkened. It takes time to see a potential impact given the manufacturing process takes rather a long time until new goods are imported and exported.
- China just reported its weakest quarterly growth since the depths of the global financial crisis in early 2009. “We think more easing will still be needed in order to stabilize growth,” says a senior economist who watches China.
- In Japan the pace of retail sales have slowed from the prior month. Trade data showed an unexpected drop in exports in September, raising the specter of a marked moderation in economic growth.
- Weaker-than-expected growth in South Korea’s economy is raising fresh questions about a second-straight quarterly decline in corporate capital investment and a sharp drop in hiring are evidence that the economy is losing steam.