China Infant Formula Market Size, Trends & Forecasts 2020-2027
China Infant Formula Market The Infant Formula Market in China is anticipated to grow at a faster CAGR during the forecast period (2020-2027). The factors driving the growth of China Infant Market includes increase in the woman’s participation in the labor market, rising demand for premium infant formula products and growing emphasis on providing adequate nutritional values to infants. According to the report published by Nutritional Outlook, the market share of premium infant formula products in China has increased from 21% in 2018 to 28% in 2021 and is further projected to expand at a CAGR of 16.3% over the forecast period (2020-2025), which will boost the China Infant Formula Market share in the coming years. Moreover, the increasing acceptance towards infant formulas, rising disposable incomes and rapid urbanization, are some of the additional factors supplementing the China Infant Formula Market size . In addition, the increasing investments by the leading players on res...