Fonterra sees formula opportunity as FDA eases rules

The US is grappling with a shortage of infant formula. (Image: Unsplash)

Thu, 19 May 2022

The US Food and Drug Administration (FDA) has announced plans to ease a nation-wide infant formula shortage, something Fonterra says could be a new supply opportunity into a market that has been tough to tap. A spokesperson for Fonterra said the co-operative does produce finished infant formula for sale in New Zealand and in a range of export markets, but the United States (US) is not one of them.“This is because there are a number of market access barriers in place that mean New Zealand exporters are not able to register for supply...

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