Dallas, Texas (PRWEB) September 22, 2014
Increasing penetration of e-commerce and a greater inclination of consumers towards top-of-the-line premium products is propelling faster growth of infant formula market in China. Globally, increasing proportion of women participation in labor force and increased affordability supported by waning price responsiveness and a rise in disposable income are the major factors that have helped the global infant formula market to attain stronger growth levels. Though the market has been experiencing lower demand and growth from the traditional matured markets of the West stemming primarily from declining birth rate, the developing world, especially the Asia and Pacific region and Latin America have provided the headroom for the global market expansion.
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The market is dominated by the Asian region which consumes about three-fifths of the global infant formula supplies. Particularly, China has gained the stature to maneuver the market single-handedly since the country alone accounts for about two-fifth of the global market revenues.
As per the report, “Global infant Formula Market: Focus on China”, improving economic conditions, buoyant average selling prices, still stronger numbers of child births in the developing world, China’s loosened One-Child Policy, increased number of food-safety related scandals (most recently, the Heinz’ recall of infants food products in China) and declining breastfeeding ratios continue to be conducive towards encouraging the industry’s growth. Furthermore, the newer stance of Chinese authorities towards nurturing domestic market and industry consolidation extend the growth potential for the same. However, stricter regulations and recent crackdowns on market players by the Chinese authorities pose as the major challenges for the industry.
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The report throws light on the major players that are shaping the industry: their market standing and business strategies against the backdrop of overall competitive landscape of the industry which have also been presented. The report also encompasses major trends, growth drivers as well as issues being faced by the global industry. Recent as well as future developments affecting the industry have also been presented. By deploying SPSS Inc.’s data integration and analysis capabilities, future growth prediction in terms of value of the industry has also been analyzed in the report.
List of Tables
Baby Food/Infant Nutrition Market Performance by Region (20082013)
Policy Reforms since the 2008 Crisis
China Ecommerce Market (20062012)
Ecommerce Regional Penetration, China (20102012)
Food Safety Scandals in China
NDRC Fines and China Price Cuts (2013)
Infant Formula Product Sales by Major Players, China (20082013)
Dependent & Independent Variables (20092013)
Model Summary Coefficient of Determination
Regression Coefficients Output
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