Global Infant Formula Market, By Type(Fat, Protein, Minerals, Vitamins, Infant Milk, Carbohydrate, B

Published Date: | Report Code : FA1958483

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Infant Formula is designed and marketed for feeding to babies under the age of 12months. It can be in the form of powder & liquid (by mixing with or without additional water). The infant formula consists of various nutrients, such as fats, carbohydrates, proteins, vitamins, minerals, and others. Infant formula is fed to babies for their overall development. Infant formula can be used as an alternative, as it consists of similar nutrient contents, as physicians have recommended exclusive breastfeeding for under six months babies. As soon as working mothers join their jobs quickly post-delivery, they find the infant formula very convenient as it can be prepared in lesser time and comprises all the essential nutrients required for the growth of the baby. Increasing working women population is the key factor that drives the market. 

Segment Analysis

The global infant formula market is segmented on the basis of product type & distribution channel.  

It is available in pouch form, tubes or glass form. Pouch form is increasing significantly as compared to the traditional packaging forms such as in tubs or glass. Pouches with plastic spouts at the top provide sipping ease. The popularity of pouches among the consumers is increasing day by day in view of their ease of use and the handling flexibility on offer. These pouches are very convenient for the baby who can thus independently self-feed themselves. They act as an attractive proposition for customers who are looking for an innovative and convenient infant nutrition product.

The rise in changing lifestyle, rise in middle-class population, and increasing disposable income of the consumer is the major key factor for driving the market demand. Increasing awareness about infant formula & high nutritional content in the infant formula propels the market growth. However, concerns related to food safety and a decline in global birth rate may hamper the market growth.

Key Factors Impacting Market Growth:
    • Increase in number of working women population
    • Higher spending on baby health
    • Increasing demand for organic baby food

Regional Analysis:

This report segments infant formula market by region into North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for infant formula market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for infant formula market in these regions. 

In addition to this, some of the major companies operating in this market are headquartered in these regions. Asia Pacific is estimated to be one of the fastest growing markets for infant formula during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of infant formula market. Middle East and rest of the World are estimated to be emerging regions for infant formula market during the forecast period.

Companies Covered: Abbott, Campbell Soups, Dana Dairy Group Ltd, Danone, D-Signstore, HiPP GmbH & Co. Vertrieb KG, Reckitt Benckiser (Mead Johnson & Company LLC), Nestle S.A., The Hain Celestial Group, and Arla Foods Amba...

Market Segmentation:
By Type:
    • Fat
    • Protein
    • Minerals
    • Vitamins
    • Infant Milk
    • Carbohydrate
    • By Ingredient
    • Follow-on-Milk
    • Growing-up Milk
    • Specialty Baby Milk
    • Others

By Distribution Channel:
    • Hypermarkets
    • Supermarkets
    • Specialty Stores
    • Pharmacy/Medical Stores
    • Hard Discounter Stores
    • Others

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Distribution Channel
    • Western Europe:
        ◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Distribution Channel
    • Eastern Europe:
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Distribution Channel
    • Asia Pacific
        ◦ By Country (China, Japan, India, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Distribution Channel
    • Middle East:
        ◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
        ◦ By Type
        ◦ By Distribution Channel
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Type
        ◦ By Distribution Channel

Reasons To Buy This Report:
    • Market size estimation of the global infant formula market on a regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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