According to KPMG research ‘The chocolate of tomorrow: What today’s market can tell us about the future’, Russian chocolate market, which is now estimated $ 8 billion, may grow 45% by 2016.
‘Russia is regarded as one of the most perspective chocolate producers in the world. The Russian market, which is estimated $ 8 billion now, is to grow 45% by 2012’, says George Pataraya, the Head of Consumer Markets KPMG. In his opinion, the consumers’ demand for more expensive and high quality goods will boost chocolate hand-made production.
At that the world chocolate market will grow just 2% annually, informs KPMG.
The founder of Odintsovo Chocolate Fabrics and the brand ‘A. Korkunov’, Andrey Korkunov, considers the annual growth of the Russian chocolate market 5-7%.
Author: Irina Fomina