Nestle Says India and China Are ‘Big Focus’ for Coffee Growth
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India and China are key coffee markets for Nestle SA, with the food giant bullish on the outlook for consumption growth in the world’s most populous countries, according to the global head of strategy.
“We have a really strong footprint in Asia and we are really bullish about those markets that have very low per capita consumption,” Philipp Navratil, head of Nestle’s coffee strategic business unit, said in an interview in Vietnam’s Dak Lak province. “China is really a big focus, and India is a big focus.”