The singer-turned-fashion designer, who already has four children with husband David Beckham ranging from the ages of 1 to 13, admitted that life with a large family would be difficult alongside her successful design business.
She told America's Glamour magazine: "I'd never say never about another baby. It's a juggling act - a career, family, a husband who's busy. But I'd never say never!"
The Spice Girls star was asked where she sees her life in five years' time, answering: "I'd like everybody to be healthy and happy. I'd like to be growing the business at a steady pace, and to be making more women feel empowered, beautiful, and confident."
Victoria also commented on the hit novel Fifty Shades of Grey, saying that she is a fan and even got her mother Jackie Adams into reading them.
However, she added: "Every time [mum] tries to engage in conversation about it, I kind of dodge the subject. I don't really want to talk to my mother about S&M!"