Market Report, "Baby Food in Venezuela", Published
As price regulations and lack of access to foreign currency continue to jeopardise the development and introduction of new products, companies continue to move towards portfolio rationalisation. For instance, the price control extended towards prepared baby food in 2012 forced multinational Alimentos Heinz to withdraw Heinz Colado with omega 3, a line extension that had recently been released in the same year, as well as Heinz Colado 100% Frutas, previously launched in 2009. Under the same...
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