Danone believes that the cornonavirus pandemic will result in a polarization of the food sector, as consumers trade up to healthier products in some areas and trade-down to cut household expenditure in others. âThere will be a polarization of the market. There won't be a middle class anymore,â CEO Emmanuel Faber said.
Read more about it via https://www.foodnavigator.com/Article/2020/08/03/Danone-CEO-sees-COVID-19-polarizing-the-food-sector-There-won-t-be-a-middle-class-anymore?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS
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