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Who is the Boss Baby of baby formula?

Consumer, Investor Series, Market News, Wiser Wealth
18 April 2024 04:00 (EST)

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Baby formula can be a life saver in certain situations. Often the meal is expensive to manufacture and the facility itself can also be costly. Not to mention, FDA approval tends to be a waiting game for companies. But it’s an essential one at that to bring safe product to market.

Four companies control a majority of the U.S. production when it comes to infant formula, according to WCNC online. We have Abbott Nutrition, Nestle USA, Perrigo and Mead Johnson Nutrition.

But for the sake of this story, we have focused in on three noteworthy companies that make baby formula.

  1. Else Nutrition (TSX:BABY)
  2. Abbott Laboratories (NYSE:ABT)
  3. Nestle (OTC:NSRGY)

For full details, please watch the above video.

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