EAST ISLIP, N.Y., Sept. 25, 2012 -- Gunther Grant, Inc. (OTC Pinks: GNGR) has strategically positioned itself to increase market share of the $60 billion dollar chocolate industry. While Americans have struggled with a financial crisis, the U.S. chocolate market has been growing around 6% a year and shareholders continue to see a return on their investment.
Seen as an "affordable luxury" consumers continue to spend on chocolates, especially premium chocolates. The market has responded favorably to the continued growth. Hershey Company (HSY) and Kraft Foods (KFT), two of the world's largest publicly traded chocolate companies, have posted 1-year and longer-term stock market returns. Rocky Mountain Chocolate Factory (RMCF), another confectionary manufacturer, had a closing price yesterday of $12.27 per share.
The U.S. is ranked 11th in chocolate consumption with the average American consuming 12 pounds of chocolate per year. The Swiss, Austrians, Germans, Irish, British, Norwegians, Danes, Belgians, Swedes and Australians all consume more chocolate than Americans. In China, chocolate sales have increased more than 40% since 2009 and demand in other emerging markets is expected to grow more than 60% by 2016.
About Gunther Grant, Inc.
Gunther Grant, Inc. owns controlling interest and manages various companies in the confections industry that specialize in chocolate production, confection technology, mold production, and specialty advertising. The Company owns Got Chocolates, Inc, www.GotChocolates.com, www.WonkaChocolates.com, Supercrave.com, www.logococo.com, and the rights to produce BETTY BOOP confections. Through its subsidiaries, Gunther Grant, Inc. has been producing chocolates for retailers and wholesalers for over 35 years.
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SOURCE Gunther Grant, Inc.