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Round Table China
Driving forces for maternal and infant industry upgrade
Nov 23, 2023
Parenting industry expert, maternal and infant industry analyst, and high-end baby formula specialist explore the driving forces behind the maternal and infant industry upgrade, including technological advancements, emerging products, social media impact, and supply side reform in China.
24:30
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Quick takeaways
- The maternal and infant care market in China is experiencing rapid growth, driven by young parents who are willing to invest heavily in their children.
- The UK maternal and infant market has seen changes in demand, with an increased focus on organic and sustainable baby food and the adoption of technological advancements like baby monitors and AR applications for breastfeeding and visualizing baby's development.
Deep dives
The Growth of the Maternal and Infant Market in China
The maternal and infant care market in China has been growing rapidly in recent years, with a growth rate of nearly 17% in 2020 and maintaining the same growth rate in 2021. The market is projected to reach over 50 billion yuan in 2025. Young parents are the major customers in this market and are willing to invest heavily in their children, driving the demand for maternal and infant products.
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