Chewy candy manufacturers are coming out with more true-to-fruit flavors, with some companies. From this information, you can surmise that the chewy candy industry is in the maturity stage of the product life cycle.
Product life cycle management refers to the succession of strategies by business management as a product goes through its life cycle.
Chewy candy manufacturers are coming out with more true-to-fruit flavors, with some companies even fortifying their confections with vitamin C. You can sunrise that the chewy candy industry is in the maturity stage of the product life cycle.
Learn more about the Product life cycle here:
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