"Nestle, the world's biggest food and beverage company, has launched a brand of infant formula that uses the A2 beta-casein protein made popular by the New Zealand and Australia-listed a2 Milk Company."
Any thoughts on this? Is this going to crowd out the smaller producers, or take the wind out of A2M's ability to beat projections? Such a large player entering the space is sure to cause some ripples. Surely still plenty of room for a number of profitable competitors, but this could make some of the smaller infant formula companies look a little more risky.