Amid falling birth rates, South Korea's baby food market defies the odds (Chosun/3 Sep 2024)

The Chosun Daily reports that despite South Korea's record-low birth rate, the baby food market is thriving, with projections to reach $247.8 million by 2025. While the baby formula market has declined by 24%, ready-to-eat baby food is growing due to changing parenting attitudes that favor convenience and quality time over homemade food preparation. Commercial baby food is also viewed as more economical and nutritionally balanced, boosting its popularity.