Orion is No. 4 in the China market for confectioneries
Orion, Korea’s second-largest confectionery company, has claimed the No. 4 position among foreign confectionery companies in China, a report showed yesterday.The Korean confectionery maker gained a 2.7 percent market share in China’s confectionery market as of 2011, ranking fourth among the top six foreign confectionery companies operating in China.
In 2011, Orion saw its sales reach $627 million.
The Chinese confectionery market was $23.6 billion in 2011 with Chinese confectionery products taking 68 percent of the market and Western products the rest.
Yonhap
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)