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Global Management Forum 2019

Aging markets still have healthy appetites: Nestle chairman emeritus

Brabeck-Letmathe sees chance to feed Asia's growing and graying populations

Nestle Chairman Emeritus Peter Brabeck-Letmathe speaks to the Nikkei Asian Review in Tokyo. (Photo by Yoichi Iwata)

TOKYO -- Food and beverage companies often lament the challenge of coping with aging and shrinking markets. But Peter Brabeck-Letmathe, chairman emeritus of the world's largest food company, Nestle SA, still sees a wealth of opportunity.

First, the world's overall population is projected to grow from 8 billion to 10 billion, he noted in an interview on the sidelines of the Nikkei Global Management Forum in Tokyo.

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