Business · Companies · 12 hrs ago

Danone EMEA chief says innovation will drive growth as prices rise

Danone EMEA chief says innovation will drive growth as prices rise

Danone EMEA chief Pablo Perversi said the company will keep focusing on innovation at a consumer goods industry meeting in Spain.

He said Danone’s growth strategy is based on finding consumer needs that are not being met and bringing products to more people.

Perversi pointed to Alpro, Danacol and Activia as brands that have attracted new consumers in Spain.

He said Danone has changed half of its products on store shelves through innovation and entered new categories, helping it move from falling to rising sales volumes.

Danone has raised prices this year and plans to try again next year as it faces higher costs, while continuing to offer some yogurts for one euro.

Perversi also criticized supermarket own-label products, saying they copy rather than create market trends.

Danone has changed more than 1,000 distribution routes in the Middle East because of geopolitical instability, and said it is working with the French government to maintain consumer access to products.

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What people are saying

Pablo PerversiDanone EMEA president
No regalaremos producto ni haremos promociones locas que no tengan sentido
via El Mundo
La marca propia no está marcando tendencia, no está creando mercado, no está haciendo las cosas que hacen que el consumidor vaya más a un producto, lo que está haciendo es copiar al resto
via El Mundo
hemos demostrado que, en un mercado maduro como España, podemos volver a crecer si miras que el mercado existe y te centras en las necesidades emergentes
via 20minutos