There are obviously lots of ways to go about building yourself a growth portfolio.

One way is to focus on a thematic that you think has real potential and then figure out a way to gain diversified exposure to that theme.

A long-term growth theme that looks particularly appealing in my opinion is the rise of Asia’s middle class. The increasing prosperity of the region’s population should lead to growing demand for more goods and services as its wealth increases and there are a number of ASX-listed companies that appear well placed to benefit.

Food and beverage companies which form part of the Consumer Staples sector are a particularly compelling hunting ground for Australian-based businesses set to profit from rising Asian incomes.

  1. Bega Cheese Ltd (ASX: BGA) is a major manufacturer of dairy product. Dairy is a product segment that is growing in popularity throughout Asia.
  2. Treasury Wine Estates Ltd (ASX: TWE) boasts an impressive stable of sought after wine brands. Many Asian consumers are developing a fondness for Australian wine and Treasury Wine is already recording sales growth in the region.
  3. Australian Agricultural Company Ltd (ASX: AAC) manages one of Australia’s largest cattle herds and is one of the nation’s largest producers of beef for export. Higher protein consumption is a regularly observed outcome of higher average incomes in developing nations.
  4. Bellamy’s Australia Ltd (ASX: BAL) has been a recent success story for shareholders who have ridden the share price surge since the company undertook an initial public offering in August 2014. Bellamy’s has experienced a surge in demand for its products from Chinese consumers which has ignited future expectations for the group’s profitability.
  5. Freedom Foods Group Ltd (ASX: FNP) is a specialist manufacturer of allergen free foods including cereals and beverages. Given the size of Asia’s population and the increased understanding and identification of allergens, the outlook for Freedom’s niche market positioning is enticing.

The above five stocks look to be enjoying a positive tailwind, but before you go out and buy them make sure you click the next link because...

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Motley Fool contributor Tim McArthur has no position in any stocks mentioned. The Motley Fool Australia owns shares of Bellamy's Australia. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.