In the forecasted period from 2024 to 2028, the import of infant foods of cereals, flour, starch, or milk to China is projected to rise consistently. Starting from a forecasted value of 6.5406 billion USD in 2024, there is a year-on-year increase in imports, reaching 7.6968 billion USD by 2028. This demonstrates a steady rise in demand with a compound annual growth rate (CAGR) reflecting stable progression over these years. Given that 2023 serves as the baseline year, the trend highlights a growing market, although specific figures for 2023 were not provided.
Future trends to watch include:
- Potential changes in consumer preferences towards domestic infant food products.
- Regulatory developments that may affect import policies.
- Macroeconomic factors like currency fluctuations and trade relations influencing import costs.
- Technological advancements in baby food production and preservation that could alter import needs.
