The exception is Egypt, where Ketchup is surprisingly big. All told, HNZ’s biggest emerging markets are China and Indonesia, where the company offers a wide array of global and local brands (#msg-61388094).
In India, HNZ has big sales for a line of child-nutrition products called Complan (http://www.heinz.co.in/about-brand/complan-child-growth.aspx ). In Russia, Ketchup is very big, but the product line needs to be expanded. HNZ got a late start in Brazil, but sales there are growing rapidly thanks to the Quero acquisition.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”