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Infant and baby food market

Apr 27, 2018

A report on the market depth survey and future prospects of China's infant and baby food industry from 2017 to 2022, released by the research and development consulting group, points out: recent years.

In addition, with the improvement of living standards, the change of consumption concept and the government's policies on improving the nutrition level of residents, our country's infants and children are auxiliary.

The food industry gradually entered a period of rapid development.

Infant nutrition rice powder is an important part of infant and infant's supplementary food. The infant nutrition rice powder in our country started late, and has been developing rapidly in the last two years.

In 2006, the market size was only 1.1 billion yuan. By 2013, the sales volume of the nutritious rice noodle market reached 4.45 billion yuan. According to industry statistics, 2014, I.

The market size of infant nutrition rice noodles in China has exceeded 5.25 billion yuan. In 2015, it reached 6.32 billion yuan.

Since the birth of the world's first infant formula, the infant and baby food industry has been committed to providing the most nutritional and safe food for infants worldwide.

Sex products. The global baby food industry is in its infancy, with 130 million new babies born every year and a huge market for baby food.

A space. In 2015, the global retail sales of baby food reached 62.14 billion us dollars, with an average annual growth rate of 10.3% from 2007 to 2015.

Pfizer, the world's biggest drug maker, has struck a deal with nestle to sell its baby nutrition business to the company for about $11 billion.

Nestle has gained a leading position in children's nutrition business in Asia, Europe and Latin America.

Through the acquisition, nestle, already the world's largest baby food maker, will regain momentum in the Chinese market because of Pfizer's presence in China.

The food market has a 7% share. Nestle's share of the Chinese market has been lost since 2005. In 2014, 62.14 billion us dollars of babies were born.

China accounts for about 24.8 percent of the food market.