Replies to post #4796 on The Rising Influence of Rising Affluence

[DewDiligence]

China’s infant-nutrition market is one of the fastest growing consumer businesses in the world, despite the 1-child government policy. This provides ammunition for my criticism of the article in #msg-74753896, which no one on this board commented on yet!

By buying PFE’s infant-nutrition business, Nestlé’s market share in China went from 2% to approximately 20%.

[DewDiligence]

Nestle is benefitting from a big presence in emerging markets:

http://online.wsj.com/article/SB10001424127887324162304578303261113027892.html

Chief Financial Officer Wan Ling Martello said Nestlé remains optimistic about emerging markets. The company recorded double-digit growth in Greater China, Africa and the Middle East during the year…lifted by new products such as the Milo malt drink with added fiber and a ready-to-eat version of its Golden Morn breakfast cereal.

Nestle derives ~40% of sales from emerging markets and is a solid play on TGDT, but I like MDLZ better because it is even more strongly focused on emerging markets. Moreover, Nestle does not have sponsored ADR shares.