Vitamins, probiotics, lactoferrin for infants and toddlers, and over 30 nutrition products saw their transaction value at least doubled in China’s Double 11 shopping festival this year, says JD Health, amid muted consumer spending in the country for the...
“For every person that has stopped ordering online, several others have started to do so,” according to Euromonitor International’s David Hedin, who spoke of the market research firm's new e-commerce tool for the global FMCG industry.
The oversupply of infant formulas by various brands has led to a slowdown in revenue growth for Australian organic goat milk specialist Bubs, and the firm foresees that the situation will continue to include the upcoming Double 11 shopping festival.
Baltic-headquartered Food Union, a global dairy production and distribution group, has launched an e-commerce distribution service in four European countries, delivering ice cream, dairy products, pastry and frozen food directly to customers.
China's food and nutrition regulations have been closely watched by brands, suppliers and consumers alike, with infant formula and e-commerce being particularly important issues for both domestic and overseas players.