Food Producers' Growth in EMs is 'Anemic'

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Food Producers' Growth in EMs is 'Anemic'

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10-23-2009, 05:50 AM

CNBC News

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Food Producers' Growth in EMs is 'Anemic'

French food group Danone said fresh dairy sales volumes recovered in the third quarter and added it was confident about next year. Simon Goodfellow from ING Wholesale Bank told CNBC Danone's volume growth in the emerging markets is "anemic." But he is a "profound buyer of the food and beverage sector."---

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