date:Aug 10, 2012
ery player in China in 2010 with a 4.3% share, according to figures from Euromonitor International.
Nestl has upped its share of the Chinese confectionery sector from 1.8% in 2010 to 6.8% today through the Hsu Fu Chi buy, but still finds itself someway behind market leader Mars, which commands a 17.5% share.
Nestl expects a tough trading environment globally for the remainder of the year, but expects final fiscal 2012 organic growth of 5-6% for the whole group.