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Chinese baby formula's retail sales value 2013-2017

Published by Yihan Ma, Dec 17, 2020
The retail sales revenue of the baby formula products in China was growing steadily, reaching 165 billion yuan in 2017. China announced to implement a two-child policy in 2016 to address its low birthrate. The country's fertility rate plummeted since the introduction of the one-child policy in 1980.

Retail sales value of the baby formula industry in China from 2013 to 2017

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Source

Release date

July 2018

Region

China

Survey time period

2013 to 2017

Supplementary notes

Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2019).

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