China Infant Formula Market: Size, Trends & Forecasts (2019-2023)
Nestle, Danone, Abbott Laboratories and Feihe International Inc. are some of the key players operating in the China infant formula market, whose company profiling has been done in the report.
By: Daedal Research
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall China infant formula market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Nestle, Danone, Abbott Laboratories and Feihe International Inc. are some of the key players operating in the China infant formula market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Feihe International Inc.
Infant formula (milk formula) is the nearest substitute for human breast milk for an infant. Infant formula is manufactured by mixture of dairy & other nutritional components. Usually, infant formula is manufactured for nourishing infants under the age of 12 months, in order to support them in accomplishment of healthy growth & maintaining good health. Infant formula is prepared for bottle-feeding or cup-feeding from mixing powder and liquid.
The production of infant formula follows a certain procedure. The most basic steps involved in production of infant formula are the liquid preparation from skim milk and ingredients mixture, then concentration of mixture is done, followed by powder preparation and packaging of that powdered form infant formula. There are various types of infant formulas available in the market which are composed of unique ingredients such as nutrients content, calorie count, taste and ability to be digested. Some of the common infant formula used globally are cow milk, soy based, protein hydrolysate, lactose free, special and newer formula.
China is a major contributor to the infant formula market at the global level and is supported by increased population in China after withdrawal of one child policy by the Government of China in 2013 and increased income of middle class population.
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