INDIA FMCG: Q3 Snapshot
Overall, demand for FMCG products during Q3 FY24 continued to remain
subdued. Urban areas have been performing well in the last few quarters, with
nearly mid-single-digit y/y volume growth in Q3 FY24. Rural demand continued to
remain sluggish.
Author: Bhaskar Maheshwari
LATAM Coca-Cola Bottlers: A Promising Long-Term Opportunity
Latin America is one of the fastest-growing regions in the world, with some large, high-growth economies like Brazil, Mexico, etc. This region’s strong GDP growth has translated into more disposable income for the general population, leading to the evolution of consumer trends.
Saudi Arabia Staples
Key Points:
- Amid China’s slowdown, Saudi Arabia presents itself as an exciting opportunity. It is trying to transform itself under the Vision 2030 program.
- Saudi Arabia’s 220B SAR F&B market is set to grow at a CAGR of 6% till 2026 driven by strong GDP growth and higher disposable income, making stocks like Sadafco (SAC.SA), NADEC (NAD.SA) and Savola Group (SAG.SA) attractive options.
