Monthly Digest: China Food Sector Review | Jun 2024

1. JD.com released 2024 China Cross-border E-commerce Import Consumption Trends White Paper. According to the white paper, the CBEC market in China grfersamal iron tabletsew from 444.1 billion yuan in 2018 to 548.3 billion yuan in 2023. The compound annual growth rate (CAGR) of CBEC users in China was nearly 20% from 2017 to 2023ferrous gluconate 65 mg elemental iron, reaching 188ferrous bisglycinate zinc folic acid methylcobalamin million users in 2023. The leading categories in imported goodferric gluconate ferrlecits were beauty and skincare, personal care, health supplements, mother and baby products, and food and beverages. For health supplements, younger consumers preferred snack-like products, while the elderly focused on bone and joint health, making health maintenance a daily routine. In the mother and baby category, scientific parenting became the norm, with ferrous fumarate 150 mga focus on high-end infant formula emphasizing professionalism and low allergenicity. For food and beverages, new products were the main driver of growth, with consumers paying more attention to ingredients, taste, health, and convenience.

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