The South American chocolate and confectionery market has long been regarded as offering among the most innovative ranges within the global industry.However, with challenging economic conditions of the past few years affecting the region, particularly within Brazil, domestic demand for confectionery has remained consistent with falling disposable income levels, according to research from Euromonitor International over the past couple of years.The research organisation said that sales within the region had declined between 2010-2017, especially within sugar confectionery. This has also been impacted as consumer awareness has grown on development of healthier options.
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