Mead Johnson Milks Growth Of Emerging Markets’ Middle Class

 
• By Cathy Dombrowski

Mead Johnson sees growth in emerging markets largely because per-birth consumption of infant formula is well below developed regions. The firm invests nearly $100 million in research to provide the pediatric nutritionals innovation sought by parents, VP of Investor Relations Kathy Ann MacDonald says.

Mead Johnson Nutrition Co. expects the growing middle class in emerging markets to pave “a long runway for growth” in sales of the company’s infant formula and other pediatric nutritional products, says executive Kathy Ann MacDonald.

During an investor forum in Hong Kong on Sept. 22 sponsored by CSLA Asia-Pacific Markets, MacDonald, Mead Johnson’s investor relations VP, also said parents’ preference for premium infant formula help...

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