The money crunch has not brought down the demand for chocolates, according to recent survey.
The financial crisis is a reality and people feeling the pinch in many parts of the world are cutting back on a lot of things to tide through the phase. However, there is one thing that seems to be in demand as always -chocolates!
AdvertisementSales have not dipped all through the recent years and experts believe that it would remain so in the coming years too.
Chocolates are considered to be recession-resistant; no matter what the economic ambience, people turn to chocolate confectioneries for treat as it suits almost all purses. Also chocolate manufacturers are very innovative--they do not fail to come up with new items to tempt customers! It is interesting to note that around 500 new chocolate products are introduced in the UK alone each year.
The demand for chocolates is related to its much-hyped benefits. There would hardly be anyone who is not overwhelmed by the silky smoothness we experience when we pop a chocolate in our mouth. Besides being nourishing, chocolates have been acclaimed as aphrodisiacs. Not everyone swears by these claims but it has its own share of believers! Chocolates are also claimed to improve blood circulation!
Another thriving market is the one for beauty products. The market for tobacco is also an arena which is recession -resistant! However, the demand for alcohol is believed to dip to tide over the low period.