The forecast for the re-import of infant foods of cereals, flour, starch, or milk to China indicates a steady upward trend from 2024 to 2028. The data suggests consistent year-on-year growth, with the quantity increasing incrementally each year. This is in stark contrast to its position in 2023, which reflected lower volume levels. The five-year compound annual growth rate (CAGR) underscores a stable average growth per year, indicating a sustained increase in demand.
Future trends to watch for include:
- Potential shifts in consumer preferences towards premium or organic infant foods.
- Impact of regulatory changes in food safety and import policies in China.
- Influence of demographic trends, such as birth rates and urbanization, on demand.
- Sustainability of this growth amid economic fluctuations and trade dynamics.