The most crucial trend in China's infant formula sector in 2019 was the trend towards premiumization, a trend that significantly shaped the product development strategies of companies and the purchasing preferences of consumers.
In 2019, overseas infant formula companies operating in China are facing increased stresses precipitated by a reduced birth rate, a decreased fertility rate in women, regulatory barriers and the continued upward trajectory of China’s domestic enterprise....
Black Friday online sales last year reached $6.22 billion in the US, growing an estimated 23.6% from the year before. But unbeknownst to most Americans, Black Friday has become an increasingly important holiday in China as well.
This article is an overview of China's infant formula market and industry landscape in 2018 focusing on the core strength, key offerings, positioning and regulatory compliance of domestic and international infant formula enterprises operating In China.
According to a survey produced by iiMedia Research, 36% of Chinese consumers said they didn't know what plant-based meat is, and nearly 40% of the respondents said they did not know much about plant-based meat substitutes.