Chinese Infant Formula Market

The 2008 chinese milk scandal was a significant food safety incident in china.

Chinese infant formula market.

The fda said that in 2004 chinese manufactured infant formula was found in an ethnic chinese market in new york. The scandal involved milk and infant formula along with other food materials and components being adulterated with melamine the chemical was used to increase the nitrogen content of diluted milk giving it the appearance of higher protein content in order to pass quality control testing. China is anticipated to dominate the baby infant formula market in terms of both revenue and volume accounting for more two thirds of the share in asia pacific region in 2018. The big catch however is the intense competition and logistical hurdles they will encounter in china s 25 billion baby formula market as they run up against local players who dominate in the.

China s infant formula market has increased at a significant cagr during the years 2013 2018 and projections are made that the market will rise signifantly in the next four years 2019 2023. Shanghai melbourne beijing has announced new rules to tighten the sale of overseas infant formula into china while encouraging local companies to buy foreign dairy producers setting a target to. There were no reported illnesses but lab tests found low quantities of protein. According to euromonitor s cecilia yang the baby food market which includes infant milk formula is worth 128 billion yuan 18 billion in china and is estimated to increase to 160 billion yuan.