Consumer product manufacturing like Nestle SA (NESN) and SABMiller Plc (SAB) are reporting a slowdown, even in growth markets like China. The pie might be growing, but competition is too, explains retail analyst Paul French in Business Week.
The increasing number of western companies that are seeking growth in developing regions to combat slower growth at home means that markets are becoming more crowded, said Paul French, a China-based strategist at researcher Mintel.
“In short, the emerging-market consumer pizza is still getting larger, but the number of brands wanting a slice of it is also growing,” he said.
- Foreign firms target for food scrutiny – Paul French (chinaspeakersbureau.info)
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- Burberry runs out of steam – Paul French (chinaspeakersbureau.info)