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  "presentationDate": "2012-11-01 00:00:00",
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      "text": "Danone is a leader in several of the fastest growing categories within global packaged food",
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      "text": "Infant Nutrition: ~75% of sales in Emerging Markets; Top 5 companies control over 60% of global formula market; Minimal private label threat; Leveraged to increasing number of births and growing global middle class",
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      "text": "Water: Top 3 player but #1 in premium brands; Danone: #1 positions in Mexico, Indonesia and among largest in China; Consumption in emerging markets like China and Brazil ~70-80% below developed markets",
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      "text": "Dairy (Yogurt): Danone almost 4x sales of nearest competitor; Brands that travel: Activia ~€3b in sales globally; US fresh dairy per capita consumption 14lbs per year vs. approximately 30lbs in UK and 70-80lbs in France and Germany",
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