The infant food market size by volume in China exhibited steady growth from 122.0 thousand metric tons in 2014 to 144.0 thousand metric tons in 2023. After a peak in 2018, the market experienced volatility with a dip in 2020, before recovering and maintaining modest growth. The year-on-year growth in 2023 stood at 0.7%, reflecting stable market conditions. The Compound Annual Growth Rate (CAGR) over the last five years was 0.71%, illustrating a consistent but slow increase.
Future trends to watch for include:
- The impact of policy changes in childbearing and maternity benefits.
- Rising demand for organic and premium infant food products.
- Technological advancements in food safety and nutrition.
- Expansion of e-commerce channels for better market penetration.
