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Ferrero overtakes Nestle in India chocolate revenues
Nearly eight years after entering India, Italian chocolate maker Ferrero India, the maker of Kinder Joy chocolates and Nutella chocolate-hazelnut spread, posted revenues of Rs 929 crore during the seven months ended March 2015. The company changed its accounting year from August in 2014. Nestle’s chocolate division, which...
Mars Chocolate over moon after toppling Mondelez in India in modern trade segment
Mars Chocolate, the world’s largest chocolate confectionery maker, has dislodged rival Mondelez in market share across modern trade chains in India in the filled bar category. According to market researcher Nielsen's data, Mars Chocolate had 48 per cent share on an all-India basis in the category in 2016,...
Mars International to launch global chocolate leader M&Ms
Confectionery maker Mars International on Wednesday said it is launching the world's biggest confectionery brand M&M's in the country. Mars' top selling brand across markets, M&M's which tops sales of over a billion dollars, will add to the company's domestic portfolio which includes Mars, Snickers, Galaxy and Bounty....