Don’t Forget The Middle-Class Opportunity in Latin America & the Caribbean and the Sleeper Ingredient Company
It’s an easy trap to fall into when focusing just on the rising middle class in China given the population size, but there are other rising middle-class populations around the globe. Examples include India, the Middle-East, and Latin America, and the middle-class in those geographies are helping drive the positive thematic tailwind of our Rise & Fall of the Middle Class investing theme as they trade up in lifestyle. This is a boon for personal care as well as homecare products like those from Proctor & Gamble, Colgate-Palmolive, Church & Dwight and Estee Lauder to name a few. But which company is the sleeper ingredient company?
The middle class in Latin America and the Caribbean (LAC) nearly doubled in size during the last decade, according to a new study released by the Washington-based Inter-American Development Bank (IDB) on Monday.It said that the middle class population now stands at 186 million people
Source: Study shows C’bean middle class has grown over past 10 years – Latest News – JamaicaObserver.com
