Cadbury- The Chocolate Brand Bringing Moments Of Joy Across the World
Cadbury, formerly Cadbury’s and Cadbury Schweppes, is a multinational British confectionery firm wholly owned by Mondelez International (formerly Kraft Foods) since 2010. The organization was founded back 196 years ago, in 1824. It is the second-largest confectionery brand after Mars, Incorporated in the world. Headquartered in Uxbridge, West London, it operates worldwide in more than 50 countries. Cadbury holds more than 70% of the total share of the market. Nestle has emerged as second best, which lead to almost 20% of the whole share. The chocolate consumption in India is extremely low. If per capita consumption is considered, it comes to only 160gms in the urban areas. This amount is meager compared to the developed countries where the per capita consumption is more than 8-10 kg. It was presumed that chocolates are an indulgence item and are not for day to day consumption. Consumption in the Indian market was meager in the early ’...