New Market Report: Baby Food in Australia
Baby food experienced 9% current value growth in 2013. This growth was not across the board and was largely confined to milk formula, which experienced a 12% value increase. Most of this was not due to demand from Australian parents, but from parents in China. Concerns about the quality of milk formula in China is leading to Chinese parents attempting to source their milk formula from elsewhere around the globe. A "grey market" trade is flourishing, in which Chinese nationals...
View full press release