Infant formula is a huge growth market
Infant formula is a huge growth market. Millions and potentially billions of citizens across Asia are experiencing a drastic improvement to their standard of life, increased wages and with that the associated impact on traditional diets. The diary industry has recently come under the spotlight in Australia via the takeover battle for a Victorian producer called Warrnambool Cheese and Butter. The takeover attracted several key international conglomerates who no doubt will be eyeing diary assets right around the world. New Zealand based Fonterra is already a global heavy weight, contributing to a large proportion of New Zealand's exports which we discussed in last week's report. With all this in mind, Clover Corporation is a business which has caught our eye. Clover develops technically advanced and cost-efficient delivery systems for long chain polyunsaturated fatty acids for their application in infant and children's nutrition, nutritional supplements and functional. Read (VIEW LINK)
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