New York  London  GMT  Tokyo  Singapore 
Zacks Investment Research

Most Companies See Growth In Developing Markets

By Zacks Investment Research on June 25, 2009 | More Posts By Zacks Investment Research | Author's Website

Most companies like Avon (AVP), Campbell Soup (CPB), Coca-Cola (KO), PepsiCo (PEP), H.J. Heinz (HNZ) and Procter & Gamble (PG) are depending on the developing markets of Asia/Pacific and China for growth.

In spite of the current economic meltdown, sales growth has been recorded across companies for this segment. For example, Avon’s sales grew 9% in China while Procter & Gamble saw sales growth of 11% in the Asia Pacific region. In addition, soup companies such as Campbell Soup are also targeting markets, including China (Shanghai is the leading soup market in China with highest per capita soup consumption with almost 72% of the population consuming a bowl of soup everyday) for expansion. Also, in case of Heinz, Asia accounts for a big market, although sales in 2009 increased only 1.6%, primarily due to currency volatility.

Many more companies are trying to expand their operations in the developing markets and in China due to the huge untapped potential.

If you like this article please...
Subscribe by RSS Subscribe by Email Email This Post To A Friend Email This Post To A Friend

1 Comment :
Comment by Dr Sebastian O. Uremadu Subscribed to comments via email
2009-06-26 11:24:50

Yea, no doubt , ASIAN/Pacific region seems to be the thing for the emerging markets now due to the culture and high IT base of the zone .More-over, the zone is noted for its richness in spiritual and material wealth. It is the zone ie middle-east , of the great religions:Christianity(JESUS), Islam(MOHAMMED)and Israel.The land is indeed blessed with milk and honey. In 2007 when I attended a conference in Tunisia, I passed through Egypt. It was then I saw that these countries are very rich in foods(fruits vegetable, and other foods). They also have good tourism potentials, etc. So their places are very natural and they have the market. The zone has potentials to help salvage the ongoing global financial crisis. African countries like Nigeria, and others , to some extent, have such potentials and the word has to exploit them. THANK YOU.

 
Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.
Opinions From Our Contributors
Commodities Financials Exchange Traded Funds
Stocks Forex Economy



HEADLINES
UPCOMING EVENTS
In 1 day: NZD Visitor Arrivals (OCT)
In 1 day: AUD New Motor Vehicle Sales (MoM) (OCT)
In 1 day: AUD New Motor Vehicle Sales (YoY) (OCT)
In 1 day: JPY Supermarket Sales (YoY) (OCT)
In 1 day: CHF Money Supply M3 (YoY) (OCT)
Enter Your Email Address
Theme By: WordPress Theme Shop