Global Infant Nutrition Market is valued approximately at USD 50.46 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.6% over the forecast period 2020-2027. Infant nutrition are manufactured for feeding infants and babies, who are normally below 12 month of age and also it is ready from liquid or powder. This nutrition enables healthful growth and improvement of babies, improves cognitive overall performance and development, prevents them from hypersensitive reactions, and also will increase gastrointestinal health & immunity. Boom in urbanization, growth of the focused consumers. Also, advanced marketplace has encouraged the adoption of comfort-oriented life, making infant vitamins meals like infant method and prepared toddler food ideal. For instance: In march 2020, the kraft Heinz company aligned with child care websites in Chine i.e., Babytree, to donate approx., 4000 boxes of companys infant nutrition to families in need through Shanghai Fosun Foundation. Also, natural products were gaining steady percentage inside the retail marketplace. Also, Innovations in improving the safety of these products through process improvements and technological advancements is likely to increase the market growth during the forecast period.
The Global Infant Nutrition market by geography is segmented into key regions as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the significant region across the world in terms of market share owing to growing population of working women leading to greater adoption of infant formula. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as Increasing public awareness levels pertaining to infant formula would create lucrative growth prospects for the Infant Nutrition market across Asia-Pacific region.
Major market player included in this report are:
Abbott Laboratories (Abbott)
Anand Milk Union Limited (AMUL)
Arla Foods amba (Arla)
Campbell Soup Company
DANA Dairy Group LTD
Danone
Nestle S.A.
Perrigo Company plc
Reckitt Benckiser Group plc.
The Kraft Heinz Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Followon Milk
Specialty baby milk
Infant Milk
Prepared baby food
Dried baby food
By Form:
Solid baby food
Liquid baby food
By Distribution Channel:
Hypermarket/Supermarket
Convenience Stores
Pharmacy
Online
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027
Target Audience of the Global Infant Nutrition Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors