China Baby Food Market 2020-2026 Food & Drink, Mergers and Acquisitions, Company Analysis, Forecasts – ResearchAndMarkets.com
DUBLIN – (BUSINESS WIRE) – Added “China Baby Food Market by Category (Food & Beverage), Mergers & Acquisitions, Company Analysis, Forecast” report ResearchAndMarkets.com Offer.
In 2020, the surge in spending resulted in the Chinese baby food and beverage market valued at $ 30.1 billion.
China’s one-child policy was replaced by a two-child policy in 2015. In the same year there was a registered high of 17.5 million births. This boom has had a significant impact on the baby food industry, especially in standard infant milk formulas. According to the Chinese Bureau of Statistics, 30% of the city’s household spending is spent on children. Much of this spending was focused on daily baby food and feeding the young children.
Nowadays, Chinese parents are demanding more and more prepared foods as they are convenient and adapted to their busy lifestyle. In the Chinese baby food industry, there are various types of baby food such as bottle feed, baby snacks, canned food, and others. Filled baby food is one of the leading segments in the baby food segment.
Bottled groceries are available in the store and can be served in seconds as no offenders are required. In China, factors such as the increasing demand for homemade, fresh, organic baby food are also driving the bottle baby food market. According to the research, the Chinese baby food and beverage industry will grow at an annual growth rate of 9.65% from 2020 to 2026.
As the number of working women increases, the demand for packaged baby food is growing rapidly because of concerns about the nutritional benefits of baby food products. The Chinese packaged baby food market is thriving in demand with success due to its advantages of extended storage, convenience, and time spent in lieu of home-made food.
According to the research report, the Chinese baby food market will grow steadily, reaching US $ 52.3 billion by 2026.
The Chinese government supports the special nutritional supplement program for women, infants and children (WIC). In China, the growing acceptance of nutritious baby drinks among Chinese parents is becoming increasingly popular. Infant baby drink is a substitute for breast milk.
These drinks have perks like the convenience of feeding, the nutrient-rich formula, and lactose- and soy-free milk versions, which make this a great option, especially for working Chinese mothers. However, changing lifestyles and providing infants with additional nutrients in addition to breastfeeding are likely to cause the infant formula segment of the market under study to grow.
Companies use marketing techniques to increase sales in China. For example, companies advertise on the radio and in newspapers. They provide free samples of baby drinks, especially baby food, to mothers and service providers through health facilities and “milk nurses” appointed by the companies as sales representatives.
Key market players have chosen business expansion and product launch as their primary development strategies in order to increase their market share, increase profitability and stay competitive.
Key players featured in the report include China Feihe Limited, China Mengniu Dairy Company Limited, International Holding Limited for Health and Happiness (H&H), Yashili International Holdings Ltd., China Modern Dairy Holdings Limited.
Main topics covered:
2. Research & methodology
4. Market dynamics
4.1 Growth drivers
5. Baby food and beverage market analysis in China
5.1 Baby food market
5.2 Market for baby drinks
6. Market Share – China Baby Food and Beverage
6.1 By categories
6.2 By baby food (sub-categories)
6.3 By baby drink (sub-categories of baby food)
7. Food Categories – China Baby Food and Beverage Market
7.1 Bottled baby food
7.2 Baby snacks
7.2.1 Baby Rusk
7.2.2 Granola bars
7.2.3 Rice Cake
7.2.5 Other snacks
7.3 Canned baby food
7.4 Other baby foods
7.4.1 Fruit pots
7.4.3 Ready meals for small children
8. Beverage Categories – China Baby Food & Beverage Market
8.1 Baby Food Market
8.1.1 Top level
8.1.2 High level
8.1.3 Middle class
8.1.4 Low tier
8.2 Baby juice market
8.2.1 Concentrated baby juice
8.2.2 Ready-to-drink baby juice
9. Mergers and Acquisitions
10. Global sales analysis of the company
10.1 China Feihe Limited
10.2 China Mengniu Dairy Company Limited
10.3 Health and Happiness (H&H) International Holding Limited
10.4 Yashili International Holdings Ltd.
10.5 China Modern Dairy Holdings Limited
Please visit https://www.researchandmarkets.com/r/yhc9ci for more information on this report