Abbott Laboratories Inc in Packaged Food (World): New Research Report Available at Fast Market Research
Abbott is a global leader in milk formula and generates most of its sales in North America. However, the company has a fast-growing presence in China. The Chinese market for milk formula is set to change however, as government concerns over rising prices and food safety result in increased intervention. Abbott is otherwise reliant on the mature US market for most of its sales outside China, which may put pressure on the company moving forward.
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