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.
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.
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