date:Jan 07, 2019
2018 was the first year that the infant formula registration system was established. With the rise of industry barrier in 2018, the companies that had gained formulation registration approval take their advantages to rush into the infant formula market and the competition intensified. Meanwhile, the slowing registration approval process in 2018 also made many companies that are still in the waiting list suffer.
Registration approval process slowed down
At the end of 2017, a total of 940 formul