18 Apr 2018 — French food giant Danone has exceeded market expectations in its first - quarter sales growth with a very solid performance in specialized nutrition driven
by infant formula products sales in China.
-LSB-...] really bothered
by infant formula advertising.
According to the AP Newswire 432 children in China have been sickened
by infant formula tainted with Melamine.
The use of the health care system, including professional associations
by the infant formula manufacturers, Mead Johnson and Abbott as promotional channels for their products and their brands creates conflicts of interest for those working with mothers and infants.
Conflicts of interest, such as sponsorships
by the infant formula industry, are explicitly prohibited.
Behind them, in the baby food section surrounded
by infant formula, are packages of Nido!
As a quick summary, the WHO Code seeks to stem the outrageous marketing techniques used
by infant formula manufacturers and related companies to undermine breastfeeding globally, despite such companies» clear knowledge of the WHO Code.
But it is exponentially cheaper than infant formula, and impoverished mothers who have become convinced that their breastmilk is not good enough for their child (hospital staff are frequently influenced
by infant formula companies) often end up buying powdered milk instead of formula for their baby because it is all they can afford.
Although regulations exist prohibiting promotions
by the infant formula industry, women birthing in private hospitals are separated from their infants after birth and their infants artificially fed with donated supplies.
promote infant formula at point - of - sale by special displays, shelf talkers or discounts etc (follow - on formula products and promotion should not be placed
by infant formula).
Fast - forward to the 1880s up until the 1960s, and there was a huge decline in the number of women who breastfed their own children; the practice was replaced
by infant formula.
Examples include the Strom study (funded
by the Infant Formula Council) that declared soy formulas «safe» in a great media blast but did not look at thyroid problems or asthma and whose data actually indicated reproductive problems; or the Klein literature study (carried out at a DuPont Children's Hospital; DuPont owns Protein Technologies, a manufacturer of soy protein isolate) which declared that there is no evidence in the literature of endocrine effects.
Not exact matches
Fonterra's news that it was writing down its $ 774 million investment in Chinese
infant formula company Beingmate
by $ 405m inevitably dominated news headlines after the dairy co-operative announced its 2018 interim result to the NZX.
CITIC Agri Fund Management, backed
by Chinese state - owned CITIC Group, has recently agreed to buy a 25.18 % stake in Hong Kong - based Ausnutria Dairy, one of the leading local suppliers of
infant formula in the Chinese market.
Global giant Danone last week announced that its
infant formula sales in China had risen
by more than 50 per cent in its third quarter.
In 2013, several
infants who consumed a baby
formula with xanthan gum tragically passed away after developing necrotizing enterocolitis, a disease where the wall of the intestine is invaded
by bacteria, causing infection and inflammation that can ultimately lead to death in
infants.
The Chinese regulator has lifted its ban on a facility owned
by troubled
infant formula producer Bellamy's Australia, which was enforced following the Tasmanian - based company's purchase of a canning facility.
Bellamy's Australia chief executive Andrew Cohen says his turnaround plan is boosting profits despite the
infant formula marketer being plunged into fresh turmoil
by the surprise suspension of a key licence
by Chinese authorities at its recently acquired canning facility.
According to a documents obtained
by AFR Weekend, China's Certification and Accreditation Administration has suspended Camperdown Powder's
infant formula milk power certificate, starting from July 6, 2017.
But
by November 2016 Mr Evans cited setbacks caused
by a global oversupply of
infant formula product and uncertainty around Chinese import regulations for the change of plans.
The shares soared to $ 2.70 in mid-November — despite the company recording modest sales revenue — largely on the strength of the potential in China and a small stake in a Melbourne
infant formula packaging facility acquired
by a large Hong Kong - based consortium.
Infant formula companies such as Bellamy's Australia, Bubs Australia and Wattle Health have all experienced big share price hikes on demand from China, while vitamins groups Blackmores and Swisse have enjoyed enormous growth since 2014, although there have been hiccups and volatility largely stemming from regulatory shifts
by Chinese authorities.
That data reveals that Blackmores has won just 0.1 per cent market share of the total amount of
infant formula sold
by Australian pharmacies, the equivalent to just $ 1.7 million of annual sales.
Beijing: A further tightening of regulations imposed
by Chinese authorities on foreign goods purchased over the internet has reinforced fears the policy honeymoon which has richly benefited the likes of Bellamy's Organic
infant formula and Blackmores vitamins has ended.
The vitamins maker made its three
infant formula products — newborn, follow - on and toddler — available for pre-order on its website and a Chinese online retailer owned
by e-commerce giant Alibaba on Tuesday.
Confidential market data obtained
by Fairfax Media reveals that Blackmores» much anticipated range of
infant formula — which has so far only been available online and via pharmacies — has failed to win over Australian mums and dads.
The a2 Milk Company has hit the top of its earnings outlook for fiscal 2016, unveiling a full year profit underpinned
by growing Chinese demand for its
infant formula.
Spierings noted that the
infant formula market in China is worth about NZ$ 18bn, and it is expected to be worth around NZ$ 33bn
by 2017.
The US Food and Drug Administration (FDA) has played down any potential danger from the findings, which were uncovered
by the Associated Press news agency, suggesting levels of the chemical, which is linked to the recent Chinese dairy scandal, were much lower in US
infant formulas.
Fonterra CEO Theo Spierings said: «
By working together with Beingmate, we will strengthen our
infant formula brand presence in China and link China to high - quality ingredients from New Zealand, high - value paediatric products made at Darnum in Australia, and whey specialty ingredients manufactured at our new plant in Heerenveen in the Netherlands and in alliance with Dairy Crest in the United Kingdom.
A dairy innovation unique to China is the development of goat
infant formula by brands such as Oli6 and Bubs, Li says.
At least 20
infants have been sickened in France
by Salmonella linked to
infant formula milk produced
by Lactalis.
The Chinese regulator has lifted the ban on facility owned
by troubled
infant formula producer Bellamy's Australia, removing a major complication that emerged following the Tasmanian - based company's purchase of the business in June.
Dumex — Danone's
infant nutrition business in Asia — has announced plans to reduce the price of its
infant formula products in China
by up to 20 % in response to an investigation into its and other manufacturers» pricing practices in the country.
«
Infant formula products have been found where the outer cases and containers are intact
by the product inside may have had the tamperproof seal broken and may contain a different products (brand and / or variety),» it said.
«People should keep using it as they always have, and to continue to be vigilant when buying
infant and other
formula by checking all product for tampering,» he said.
A report
by the United Nations» Joint Food & Agriculture Organization / World Health Organization (FAO / WHO) Expert Committee on Food concluded that carrageenan is safe for use to stabilize and keep nutrients properly disbursed in
infant formula.
Fonterra and Federated Farmers received letters in November 2014 containing a threat to contaminate
infant formula with 1080 unless New Zealand ended its use of the pest control poison
by the end of March.
New research from Mintel predicts that the market volume of
infant milk
formula in China will grow
by a CAGR of 5.4 % between 2016 -LSB-...]
The European Commission has updated legislation concerning food for
infants and young children,
by ruling that the minimum protein content for follow - on
formula be lowered to 1.6 g / 100 kcal.
China's
infant milk
formula (IMF) market is poised for impressive growth in the next five years as a result of the new «two - child» policy, and new regulations issued
by the CFDA.
As reported
by the New York Times, the President of the company that makes the product in question (SimplyThick) claimed, «There was no need to conduct studies (for use of the product in
infant formula), as the use of thickeners overall was already well established.
That means danger for those consuming such products as «organic»
infant milk
formula, cereal bars or high energy foods that contain the organic brown rice syrup (OBRS) as an ingredient, according to a Dartmouth College research team led
by Brian Jackson.
This caused a slowdown in the buy - up in Australia of vitamins and
infant formula products
by Chinese entrepreneurs, known as daigou traders, who were unsettled
by the uncertainty.
The losses were made public on Tuesday in the financial statements of the 48 per cent owner of Maggie Beer Products, ASX - listed company Longtable Group, which is now run
by Laura McBain, a former chief executive of
infant formula company Bellamy's Australia.
In China,
infant formula consumption market share
by value grew from about 3.5 per cent in the quarter ending June 2017 to about 5.4 per cent for the December quarter, according to Kantar5.
Up to 85 per cent of the 2500
infant formula brands competing in the lucrative China market could eventually be locked out under tough new regulations
by authorities that came into force on January 1, with some Australian brands likely to be caught up in the global shake - out over the next few months.
Enteral medical nutrition is further distinguished from
infant nutrition
by the fact that the majority of enteral products are in the ready - to - drink format, rather than sold as a powder, as is the case with
infant formula.
However, the type of protein found in breast milk and
infant formulas is more easily digestible
by infants.
Nestle, the world's biggest food and beverage company, has launched a brand of
infant formula that uses the A2 beta - casein protein made popular
by the New Zealand and Australia - listed a2 Milk Company.