Chinese Infant Formula Market

China is anticipated to dominate the baby infant formula market in terms of both revenue and volume accounting for more two thirds of the share in asia pacific region in 2018.

Chinese infant formula market.

According to euromonitor s cecilia yang the baby food market which includes infant milk formula is worth 128 billion yuan 18 billion in china and is estimated to increase to 160 billion yuan. The scandal involved milk and infant formula along with other food materials and components being adulterated with melamine the chemical was used to increase the nitrogen content of diluted milk giving it the appearance of higher protein content in order to pass quality control testing. Shanghai melbourne beijing has announced new rules to tighten the sale of overseas infant formula into china while encouraging local companies to buy foreign dairy producers setting a target to. China s infant formula market has increased at a significant cagr during the years 2013 2018 and projections are made that the market will rise signifantly in the next four years 2019 2023.

The big catch however is the intense competition and logistical hurdles they will encounter in china s 25 billion baby formula market as they run up against local players who dominate in the. Capacity production production value cost profit supply demand and chinese import export by statistical analysis. The fda said that in 2004 chinese manufactured infant formula was found in an ethnic chinese market in new york. The infant formula market insights 2020 analysis and forecast global and chinese market to 2025 by manufacturers regions technology application product type report has been added to.