Kraft Foods, Nestle targeting "booming chocolate demand" in Israel, WSJ says

theflyonthewall.com

Kraft Foods (KFT) and Nestle (NSRGY) are targeting markets like Israel as traditionally strong markets in the West have waned in the economic downturn, reports the Wall Street Journal. Israel's national chocolate market is forecast to grow at a rate of 5%-10% in value terms this year.

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