date:Sep 30, 2014
rticipate in growth in a category where there is huge demand.
The infant formula market in China is worth about NZ$18 billion today and is expected to be worth NZ$33 billion by 2017, Mr Spierings said. This growth is driven by increasing urbanisation, higher disposable incomes, a preference for premium brands, and relaxation of the one child policy, he said.
Mr Spierings said Fonterra and Beingmate have a shared commitment to international best practice quality standards and are committed to st