As of 2020, domestic infant formula brands accounted for 53 percent of China's infant formula market, surpassing international brands for the first time since 2007. As a result of the deadly milk scandal in 2008, many Chinese parents opted to buy imported milk formula rather than domestically produced milk. The Chinese government, however, is trying to reduce its reliance on imported baby formula. Consequently, domestic brands' market share is expected to grow steadily in the coming years.
Share of infant formula market in China from 2007 to 2021, by brand origin
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Website (myguancha.com). (March 8, 2023). Share of infant formula market in China from 2007 to 2021, by brand origin [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/
Website (myguancha.com). "Share of infant formula market in China from 2007 to 2021, by brand origin." Chart. March 8, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/
Website (myguancha.com). (2023). Share of infant formula market in China from 2007 to 2021, by brand origin. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/
Website (myguancha.com). "Share of Infant Formula Market in China from 2007 to 2021, by Brand Origin." Statista, Statista Inc., 8 Mar 2023, https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/
Website (myguancha.com), Share of infant formula market in China from 2007 to 2021, by brand origin Statista, https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/ (last visited November 21, 2024)
Share of infant formula market in China from 2007 to 2021, by brand origin [Graph], Website (myguancha.com), March 8, 2023. [Online]. Available: https://www.statista.com/statistics/1261470/china-infant-formula-market-share-by-brand-origin/
