
PediaSure is owned by Abbott Laboratories (NYSE: ABT), the American health care company headquartered in North Chicago, Illinois. Launched in 1988 by Abbott's nutrition division, PediaSure is a nutritionally complete drink for children ages 1 to 13, positioned for picky eaters and children falling behind on growth. It is sold in the United States and internationally and sits in Abbott Nutrition's pediatric portfolio alongside Similac.
Parent Company
Founded
1988
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| PediaSure | Abbott Laboratories | Wholly owned |
Abbott introduced PediaSure in 1988 through its Ross Products Division, the nutrition business that traces to the Moores and Ross Milk Company merger with Abbott in 1964. The product addressed a gap between infant formula and adult supplements: a complete nutritional drink for children past formula age whose growth or diet was inadequate.
The initial target was clinical. Pediatricians recommended PediaSure for children with failure to thrive, feeding difficulties, or recovery needs after illness. Through the 1990s the brand moved into mainstream retail, where marketing reframed it around picky eating, a concern for a much larger group of parents than clinical growth faltering.
Product expansion added flavors, reduced-sugar variants, and specialized lines including PediaSure Grow and Gain, PediaSure with Fiber, and sidekick products aimed at protein and muscle support positioning borrowed from adult nutrition trends. International growth was substantial; PediaSure became a leading pediatric supplement in markets across Asia, the Middle East, and Latin America, with India emerging as one of its largest markets.
In India, PediaSure competes with Horlicks (now under Hindustan Unilever) and other malted health drinks in one of the world's largest children's nutrition categories. Abbott has invested in pediatric nutrition research and marketing there for decades, making India a strategic priority alongside the US.
By 2026 PediaSure remained Abbott Nutrition's core children's brand, benefiting from the division's Q2 2026 sales of $2.14 billion and Abbott's ongoing pipeline of pediatric nutrition research.
What does Abbott Laboratories own?
Abbott Laboratories owns brands across nutrition (Similac, Ensure, PediaSure, Pedialyte), medical devices (FreeStyle Libre, Volt, TactiFlex, Amulet), and diagnostics (Cologuard, BinaxNOW, Alinity). The company acquired Exact Sciences in March 2026 for $21 billion, adding Cologuard and other molecular diagnostic products.
Is Abbott Laboratories publicly traded?
Yes, Abbott Laboratories trades on the New York Stock Exchange under the ticker symbol ABT. The company has been publicly listed since 1929 and is a component of the S&P 500 Index.
Who founded Abbott Laboratories?
Abbott was founded in 1888 by Dr. Wallace Calvin Abbott, a physician in Ravenswood, Illinois (now part of Chicago). He began by manufacturing reliable dosimetric granules for pharmaceutical use.
Where is Abbott Laboratories headquartered?
Abbott is headquartered in Abbott Park, North Chicago, Illinois, USA. The company operates in more than 160 countries globally.
How many brands does Abbott Laboratories own?
Abbott owns numerous brands across its four segments. Key consumer brands include Similac, Ensure, PediaSure, and Pedialyte in nutrition. Key medical device brands include FreeStyle Libre, Volt, and Amulet. Key diagnostics brands include Cologuard, BinaxNOW, and Alinity.
Who owns Abbott Laboratories?
Abbott Laboratories is a publicly traded company with shares held by institutional investors, mutual funds, and individual shareholders. The company is led by Chairman and CEO Robert B. Ford.
What is Abbott Laboratories' revenue?
Abbott reported Q2 2026 sales of $12.59 billion, up 13.0% on a reported basis and 4.8% on a comparable basis. The company reaffirmed full-year 2026 comparable sales growth guidance of 6.5% to 7.5% and raised adjusted diluted EPS guidance to $5.45 to $5.60.
Did Abbott acquire Exact Sciences?
Yes, Abbott completed the $21 billion acquisition of Exact Sciences in March 2026. The acquisition added Cologuard, a noninvasive colorectal cancer screening test, to Abbott's diagnostics portfolio. Diagnostics sales grew 42% year over year in Q2 2026, the first full quarter including Exact Sciences results.
Abbott has set science-based targets covering Scope 1, 2, and 3 emissions and reports on nutrition packaging improvements including reduced plastic use. PediaSure does not hold independent organic or other third-party sustainability certifications, and Abbott is not a Certified B Corporation.
The brand is dairy-protein based in standard formulations, though Abbott has introduced plant-based and reduced-sugar variants in some markets. Pediatric nutrition marketing is regulated, and Abbott states that its marketing complies with local regulations in all markets where PediaSure is sold.
2022 Abbott recall context: The February 2022 voluntary recall of powdered products from Abbott's Sturgis, Michigan facility covered infant and specialty formulas including Similac, Alimentum, and EleCare. PediaSure powder products were not the focus of the recall, but the event subjected Abbott's nutrition manufacturing to heightened scrutiny and affected consumer trust across the division.
Sugar content criticism: Consumer and health advocacy groups have criticized children's nutritional drinks, including PediaSure, over added sugar content in mainstream formulations. Abbott has responded with reduced-sugar variants in several markets. The criticism concerns formulation rather than safety and no regulatory action has resulted.
Marketing to parents of healthy children: Health organizations have periodically questioned whether marketing pediatric supplements to picky-eater households encourages unnecessary use in children without medical need. Abbott positions the product for children needing supplemental nutrition and complies with local advertising rules.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Abbott Laboratories | USA | 1973 | Mass market | Global | All-ages | |
| Abbott Laboratories | USA | 2003 | Premium | United states | All-ages | |
| Abbott Laboratories | USA | 1964 | Mass market | United states | All-ages |
Healthcare PharmaceuticalsOwned by Abbott Laboratories
American adult nutrition shake brand owned by Abbott Laboratories, introduced in 1973 and sold in more than 160 countries as a complete nutritional supplement.
Baby CareOwned by Abbott Laboratories
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Market Positioning: PediaSure competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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