date:Jul 19, 2013
m 2011 to 2012, the sales of Mengniu, one of China's largest producers of dairy products, declined by 3.5 percent, because it was one of companies involved in the 2008 milk scandal.
The Chinese mainland market for infant formula is huge. It has grown by more than 20 percent a year since 2007 - even in 2008, which saw the worst baby food scandal, the market grew by 33 percent. The prime reason for the growing infant formula market is that only 28 percent of the infants aged up to 6 months are br