This is big news for food manufacturers and people who love
Heinz - America’s Favorite Ketchup.
Berkshire Hathaway and 3 G Capital has acquired Heinz. Buffett continues
his strategy of investing in food companies like Burger King and now Heinz. Heinz
will continue to make Pittsburgh its global headquarters. Thinking about global
markets? Heinz posted a 22 percent profit due to its emerging markets expansion.
Heinz global websites are a great indicator of how and where to
market to increase profits. Heinz sells 650 million bottles of ketchup a year –
helping to make Heinz the most global U.S. food company.
Heinz has one basic recipe for its ketchup but flavor can
vary depending on the country you are in. Ketchup users in Canada, England, Australia and Venezuela like
their ketchup a bit sweeter than ketchup users in the U.S. Mainland
Europeans, like a bit spicier ketchup. Heinz also makes ketchup
with balsamic vinegar and introduced a new flavor with jalapenos.
Long ago,
Heinz recognized they captured and saturated the U.S. market and needed to look
globally for new consumers. Emerging
markets are a prime examples of where to find untapped markets, sales and new
consumers. Manufacturers can watch the movement of this global giant to guide
them on what can happen using a global vision. Are you ready for +22% growth?
Which emerging
markets are showing great promise for food manufacturers? India, China,
Malaysia, Vietnam are Asian countries whose population is growing faster than
their food production. This translates to new markets and increased profits for
food producers.
Researching
your new market will ensure a successful venture. We can help with strategic
cultural marketing, localization and translation tools. Check out our website, www.allcleartranslations.com. We list resources that can help like the U.S.
Commercial Service, The State of PA’s, Center for Trade Development, Office of
International Business Development as well as our experts on staff.
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Ready…Set…Grow with Translations
Best Wishes,
Linda Richardson
President
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