Selbyville, Delaware, May 26, 2021 (GLOBE NEWSWIRE) — According to seasoned experts, global infant nutrition market was valued at USD 50.46 billion in 2019 and is reckoned to record a compound annual growth rate of 10.6% during 2020-2027 to accumulate USD 109.1 billion by the end of forecast period.
The study delves deep into the micro-markets by analyzing the competitive outlook of this business sphere and thoroughly expounds on the product offerings and strategic undertakings of major contenders. It further entails both qualitative and quantitative aspects of the market which will enable the readers to make informed decision about new investments and amplify their stake in the industry.
Rapid urbanization, coupled with evolved consumer lifestyle with emphasis on convenience, and availability of advanced products like prepared toddler food and infant vitamin meals are propelling the market growth.
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Additionally, shifting inclination towards natural products, in tandem with technological advancements & innovations to improve the safety of infant food products will stimulate worldwide infant nutrition market outlook.
Various initiatives by government and private entities to improve cognizance regarding infant nutrition will also act as a growth stimulant for the market. Citing an instance, Kraft Heinz Company partnered with Chinese parenting company Babytree Group to donate around 4000 boxes of infant nutrition food to needy families through Fosun Foundation (Shanghai) in March 2020.
It is to be noted that infant nutrition is ideal for infants and babies below the age of 12 months. It enables healthy development of infants, enhancing their immunity as well as gastrointestinal health, while averting hypersensitive reaction and improving overall cognitive performance.
Outlining market segmentations
Based on type, global infant nutrition market is bifurcated into infant milk, prepared baby food, specialty baby milk, dried baby food, and follow-on milk. Various forms of infant nutrition available are liquid baby food, and solid baby food. Speaking of distribution channel, the market space is divided into convenience stores, hypermarket/supermarket, pharmacy, and online among others.
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Elaborating on regional spectrum
Credible sources cite that Asia Pacific acquired a significant share in global infant nutrition market in the recent past, attributable to surge in working women population having preference for infant formula.
Highlighting competitive arena
Renowned firms in worldwide infant nutrition industry are The Kraft Heinz Company, Danone S.A., Campbell Soup Company, DANA Dairy, Anand Milk Union Limited (Amul), Perrigo Company plc, Abbott Laboratories, Reckitt Benckiser Group plc, Nestle S.A., and Arla Foods amba.
Global Infant Nutrition Market by Product Type (Revenue, USD Billion, 2017-2027)
·Prepared Baby Food
·Specialty Baby Milk
·Dried Baby Food
Global Infant Nutrition Market by Form (Revenue, USD Billion, 2017-2027)
- Solid Baby Food
- Liquid Baby Food
Global Infant Nutrition Market by Distribution Channel (Revenue, USD Billion, 2017-2027)
- Convenience Stores
Global Infant Nutrition Market Regional Terrain (Revenue, USD Billion, 2017-2027)
- South Korea
- Row APAC
Global Infant Nutrition Market Competitive Dashboard (Revenue, USD Billion, 2017-2027)
·The Kraft Heinz Company
- Danone S.A.
- Campbell Soup Company
- DANA Dairy
- Anand Milk Union Limited (Amul)
- Perrigo Company plc
- Abbott Laboratories
- Reckitt Benckiser Group plc
- Nestle S.A.
- Arla Foods amba
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Infant Nutrition Market, by Region, 2018-2027 (USD Billion)
1.2.2. Infant Nutrition Market, by Product Type, 2018-2027 (USD Billion)
1.2.3. Infant Nutrition Market, by Form, 2018-2027 (USD Billion)
1.2.4. Infant Nutrition Market, by Distribution Channel, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Infant Nutrition Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Infant Nutrition Market Dynamics
3.1. Infant Nutrition Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
18.104.22.168. Increase in awareness on adequate nutrition
22.214.171.124. Increased urbanisation growing birth rate
3.1.2. Market Challenges
126.96.36.199. Increased breastfeeding due to government initiatives
3.1.3. Market Opportunities
188.8.131.52. Organic Baby Food
Chapter 4. Global Infant Nutrition Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Infant Nutrition Market, by Product Type
5.1. Market Snapshot
5.2. Global Infant Nutrition Market by Product Type, Performance – Potential Analysis
5.3. Global Infant Nutrition Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
5.4. Infant Nutrition Market, Sub Segment Analysis
5.4.1. Follow-on Milk
5.4.2. Specialty baby milk
5.4.3. Infant Milk
5.4.4. Prepared baby food
5.4.5. Dried baby food
Chapter 6. Global Infant Nutrition Market, by Form
6.1. Market Snapshot
6.2. Global Infant Nutrition Market by Form, Performance – Potential Analysis
6.3. Global Infant Nutrition Market Estimates & Forecasts by Form 2017-2027 (USD Billion)
6.4. Infant Nutrition Market, Sub Segment Analysis
6.4.1. Solid baby food
6.4.2. Liquid baby food
Chapter 7. Global Infant Nutrition Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Infant Nutrition Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Infant Nutrition Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)
7.4. Infant Nutrition Market, Sub Segment Analysis
7.6. Convenience Stores
Chapter 8. Global Infant Nutrition Market, Regional Analysis
Infant Formula Market Size, Application Trends, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Infant Formula market will exceed USD 98 billion by 2025; according to a new research report. The prime factor driving infant formula market during the forecast timeframe will be rising infant population every year. As per United Nations, world infant population in 2015 was recorded at 673.6 million and shall increase to 733.3 million in 2025. This infant population growth shall have positive impact on infant formula market growth over the next few years. Additionally, growing number of working mothers in general workforce is a prime infant formula business driver since few years and shall fuel infant formula demand in the coming years. In addition, rising middle-class households in economies including Thailand, India, Indonesia, South Korea, Malaysia, etc., have led to socio-economic development and population growth and eventually rise in consumers who are able to buy infant formula for their kids. This, in turn, has fueled product demand over the past few years.
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