China Baby Food and Infant Formula Market Research Report Outlook to 2016
18-Jul-2012 | General Article (Non-News)
HTML clipboardA comprehensive study on “China Baby Food and Infant Formula Market Research  Report Outlook to 2016” discusses infant formula production and consumption  trends and sub-segments of baby food market such as dried baby food,  ready-to-eat baby food and juices. It also gives an overview of industry  distributors and their share in terms of percentage. Many domestic and  international players have a strong presence in the market, of which we have  highlighted leading players along with their market share. Industry trends and  opportunities help to analyse further scope in the market and SWOT analysis may  help present and prospective companies to form strategies accordingly.  http://www.bharatbook.com/food-market-research-reports/china-baby-food-and-infant-formula-market-research-report-outlook-to-2016.html
  
  China is the second largest baby food and  infant formula market in the world and largest in Asia, which constitute of  baby food such as- Dry baby food (cereals, bottled baby food), ready-to-eat baby  food (canned baby food and snacks for one year and above babies) and baby  juices; and infant formula milk segment. Domestic infant formula market had  undergone a period of major transition from high demand for milk powder in the  domestic as well as in international markets to sudden fall in retail sales from  2008 to 2010. The domestic milk formula market is facing many challenges from  foreign brands and had witnessed a continuous fall in demand in recent past.
  
  A continuous rise in consumer spending on China baby food and infant formula  industry has been observed, led by surging working women population, rising per  capita disposable income and entry of foreign players. Infant formula milk  powder, cereals and bottled baby food constitute the major percentage of the  total industry demand. Rising number of working mothers has a big role in  surging demand for formula milk. Baby formula demand is expected to grow at a  steady rate due to low birth rate in the country. The driving factor for this  segment will be growing number of foreign workers. Falling birth rate has become  a concern for the government which is low from the US and even from developing  countries such as India. In coming years, it may cause a demographic problem and  may affect baby food and baby goods industry.
  
  Key Findings
  * In terms of retail sales by volume, baby food and baby formula milk market  had crossed 400 (‘000) tones mark and reached 422 (‘000) tones in 2010 from 385  (‘000) tones in the previous year. 
  * The China baby food and infant formula milk market retail sales by value was  recorded at USD 3,281 million in 2007 whereas in 2009, the segment grew by  20.44%, comparatively lower than previous year results. By 2016, industry is  expected to record revenue of USD ~ million to grow at 16.57% CAGR in the next  five years.
  * Consumer spending on baby food was recorded 0.12% of GDP in 2011 compared to  0.10% in the previous year.
  * In China, infant formula has recorded usual growth in volume sales of 14.08%  in 2011 relative to the growth of 14.09% and 15.97% in 2010 and 2009  respectively.
  * Baby food is a rapidly expanding segment which accounted for 30.05% market  share in baby food and baby formula market Baby food market grew by 18.27% CAGR  in last five years to USD ~ million in 2011. Revenues generated from baby food  products is expected to reach USD ~ million at CAGR 20.43% from 2012-2016.
  * Dried baby food market dominates the Chinese baby food industry driven by  rising cereals demand which account for 89.62% of the total dried baby food  market.
  * Baby cereals market is growing at a constant rate year on year from USD 782.10  million in 2007 to USD ~ million in 2011 at a CAGR 18.40%.
  * Bottled baby food account for only 8.61% of the total baby food (excluding  milk formula) market in value terms.
  
  For more information kindly visit : 
  China Baby Food and Infant Formula Market Research Report Outlook to 2016
  
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