Mead Johnson's net sales worldwide 2010-2016

This statistic depicts the net sales of Mead Johnson Nutrition Company worldwide from 2010 to 2016. In 2013, Mead Johnson generated global net sales of about 4.2 billion U.S. dollars. Mead Johnson is one of the largest manufacturers in pediatric nutrition and owns the brand family Enfa, including Enfamil infant formula.

Mead Johnson Nutrition Company

The infant formula market is one of the largest and rapidly expanding segments of the infant nutrition industry. In the United States, Abbott and Mead Johnson have dominated this industry, accounting for a combined 80 percent of nationwide sales. Mead Johnson was founded in Jersey City, New Jersey in 1905. Edward Mead Johnson, Sr. started the firm after leaving the family business. For more than a century, the company has manufactured a wide portfolio of infant feeding products, pharmaceutical and other nutritional products.

Over the past five years, Mead Johnson experienced constant sales growth worldwide. In 2011, the company recorded a remarkable 17 percent increase in global net sales. Asia is the fastest growing market for baby food and infant formula. In 2014, Mead Johnson generated nearly 2.3 billion U.S. dollars in sales in this region. Sales of infant formula accounted for more than half of the firm's global net sales.

In the United States, Abbott-owned Similac Advance was the leading baby formula brand for the 52 weeks ending January 24, 2016. Nevertheless, seven Mead Johnson brands such as Enfamil Premium were listed as one of the top ten baby formula brands in the country that year.