In 2023, China dominated the global infant food import market with a significant volume share, while Malaysia and Germany followed as distant competitors. Positive growth was seen in emerging markets like Vietnam and the United States, driven by increasing demand. Conversely, drops in import volumes were noted in countries like Russia, Italy, and Greece. Noteworthy changes include Vietnam's surging imports by 5.92% and the United States by 5.92%. Meanwhile, Egypt experienced a decline of 5.59%. The 5-year CAGR shows steady growth in developed and emerging markets, with varying performance across nations.
Future trends anticipate increased market share for Asian countries like Vietnam, reflecting demographic and economic growth. Emerging markets could continue expanding, potentially altering the global landscape. Additionally, consumer preferences in product sourcing and quality may redefine trade dynamics, influencing import volumes across regions.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.88 | 2023 | 0% | 0% | View data |
| 2 | 2 Malaysia | 6.15 | 2023 | +2.17% | +1.1% | View data |
| 3 | 3 Germany | 5.82 | 2023 | +2.3% | +4.92% | View data |
| 4 | 4 France | 3.01 | 2023 | +2.22% | +1.84% | View data |
| 5 | 5 Netherlands | 2.88 | 2023 | +2.33% | +4.1% | View data |
| 6 | 6 Australia | 2.75 | 2023 | +2.44% | +3.13% | View data |
| 7 | 7 Saudi Arabia | 2.68 | 2023 | 0% | +1.01% | View data |
| 8 | 8 Russia | 2.62 | 2023 | -2.44% | -1.44% | View data |
| 9 | 9 Italy | 2.03 | 2023 | -3.12% | -1.83% | View data |
| 10 | 10 Ireland | 1.83 | 2023 | +3.7% | +4.94% | View data |
