NZ baby formula exports top $2b as Danone doubles down amid Asian demand boom

Infant formula exports reached $720m in the first four months of 2025. (Image: Jacques Steenkamp/NZME)

Fri, 13 Jun 2025

New Zealand’s infant formula exports have quadrupled in value over the past decade, now surpassing $2 billion annually, as French multinational Danone expands local production to meet surging demand in Asia.The value of NZ’s infant-formula exports has risen from just under $500 million in 2015 to more than $2b in 2024, making up about 15% of the global export market, according to United Nations trade data. With China’s market rebounding, NZ trade data shows infant formula exports reached $720m in the first four months of...

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