According to a market report, published by Sheer Analytics and Insights, The China baby food market was valued at $12.1 billion in 2021 and it is expected to reach $50.5 billion at a CAGR of 14.6% between 2022 and 2032. The growing incidence of malnutrition cases and health worries for infants' general development are driving the rise of the baby food sector in China. As the economy has improved, parents' spending has increased. They are prepared to spend money on high-end, pricy items to improve the health of kids. Women from the working class have become more prevalent over the past few years, which have increased demand for baby food makers and other associated goods. The nutrient content of their newborns' diets worries parents. Additionally, It has also increased the desire for organic food as it is created from pesticide-free fruits and vegetables, as well as meat from animals that haven't been given antibiotics or growth hormones. Artificial colors, flavors, and preservatives are not present. Major businesses are making investments in this market as a result of these factors.
Over 30 years ago, the Chinese government has set goals for raising the country's breastfeeding rates, but none of them have been reached to date. The rates of exclusive breastfeeding have substantially decreased over the past few decades due to a lack of understanding about breastfeeding and a large percentage of working moms, especially in urban areas. As part of its National Program for Child Development, the Ministry of Health of China announced a few years ago that it will boost the country's breastfeeding rates. Chinese state authorities have also contacted businesses, requesting that they provide lactating employees more time to express milk at their places of employment. For breastfeeding mothers to adequately care for their infants, the Chinese government has even barred businesses from expanding their working hours.
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Moreover, Nestlé, Feihe International, Inc., Danone Group, Ausnutria Hyproca, Yili Group, Mead Johnson, Abbott Laboratories, Biostime Group, The a2 Milk Company, and Royal FrieslandCampina N.V. are some of the major rivals in the China infant food business. The National Bureau of Statistics of China estimates that urban households spend 30% of their income on children. Most of this money is spent on daily necessities for infants and young children, such as clothing, toys, and necessities. The infant food sector in China also offers a variety of baby foods, including canned food, bottle-fed food, and baby snacks. One of the most popular subsectors in the baby food market is bottle-fed food. Hence, these rising factors are estimated to drive market growth during the forecast period.
Furthermore, the growing incidence of malnutrition cases and health worries for infants' general development are driving the rise of the baby food sector in China. As the economy has improved, parents' spending has increased. The specific supplemental nutrition program for women, infants, and children is supported by the Chinese government. Parents in China are increasingly embracing the use of nutrient-rich infant beverages. Breast milk can be substituted with infant baby drinks. With advantages including easy feeding, nutrient-rich formula, and lactose- and soy-free milk options, these drinks are a fantastic choice, especially for working Chinese women. Therefore, all these factors would create more growth opportunities for the market.
Some new developments in the China baby food market:
- On 11th October, 2022, the Else formally have debuted its Tmall store for Chinese customers at the end of September following the successful launch of a relationship with Baozun, a big e-Commerce distributor in China, in June. Other storefronts on other significant e-Commerce platforms will soon follow.
- On 7th November, 2022, Human milk contains a mixture of indigestible sugars called oligosaccharides. HMOs can prevent pathogen infections and enhance immune system development. It also improves gut bacteria and brain development. After lactose and lipids, these sugars make up the third largest significant component of breast milk. Additionally, HMOs are a focal point for new developments in infant nutrition and dietary supplements since they assist strengthen the baby's immune system.
- On 11th August, 2022, a stage three infant formula from Nestle that is claimed to come from Swiss farms free of growth hormones and herbicides is the country's first carbon-neutral product.
According to the study, key players dominating the China baby food market are Ausnutria Dairy (Hong Kong), Abbott Laboratories (U.S), Blackmores (Australia), Biostime Inc (China), Dana Dairy Group Ltd (Switzerland), Danone (Spain), Flying Company Limited (India), Feihe International Inc (China), Hero Group (Switzerland), HiPP (Germany), Modern Dairy Group (China), Mengniu Dairy (Hong Kong), Nestle (Switzerland), Reckitt (U.K), The Kraft Heinz (U.S), The a2 Milk Company (New Zealand), Yili Group (China), among others.
The China Baby Food Market Has Been Segmented Into:
The China Baby Food Market – by Food Types:
- Food Preparation
- Bottle Preparation
- Organic Baby Food
- Non-Organic Baby Food
- Others
The China Baby Food Market – by Distribution Type:
- Offline
- Online
- Others
The China Baby Food Market – by Regions:
China
- Shanghai
- Beijing
- Zhejiang
- Guangdong
- Guangzhou
- Other
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/china-baby-food-market-21
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