Given the article is 3 years old, there has been huge growth in the demand for infant formula since this time. This assumption would also take into account no change in demographics such as population growth and class giving people funds to buy items such as formula. IMO the demand is still not an issue if this were the case.
Given the 2 baby policy in China and I believe India will begin to become a large super economy in the next decade or so to rival China growth which will see another massive middle class emerge and demand this sorts of items.
The main problem I see is that will we be able to sustain resources to provide for the worlds ever increasing population making supply the issue not demand and what happens when we can not longer produce to meet demand.
Tomorrow is bearish, page-343
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$6.32 |
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Mkt cap ! $4.575B | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |