Abbott Laboratories 2013 Annual Report Download - page 20

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18
ABBOTT 2013 ANNUAL REPORT
18
NUTRITION
2013 BUSINESS HIGHLIGHTS
• Maintained position as #1 infant formula brand in the U.S.
with innovations including Similac for Supplementation and
Similac Total Comfort
• Sustained #1 worldwide position in Adult nutrition
• Opened nutrition research and development center in China
• Launched premium infant formula brand in the fast-growing
online channel in China
• Significantly expanding manufacturing capacity with new,
state-of-the-art manufacturing plants in U.S., India and China
• Published ground-breaking study highlighting the impact of
oral nutritional supplementation on health economic outcomes
KEY MARKET TRENDS
• High birth rates in emerging markets
• Aging population worldwide
• Expanding economies in key developing markets
• Growing awareness of the role of
nutrition in wellness
• Increased willingness on the part of consumers
to pay for innovation
In 2013, adult nutritional
products represented
almost half of Abbott’s
nutrition business.
45%
NUTRITION