Market growth

The fast-food giant also experienced strong sales growth in Britain, Australia, France, Italy, the Netherlands and Japan.

Nestle has also become the third FMCG company after Hindustan Unilever and ITC to command a market valuation of more than Rs 1 lakh crore.

ITC has around 7 per cent share in the juices and fruit beverages market, which is estimated to be around Rs 2,500 crore.