Global Infant Formula Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global infant formula market in its upcoming report titled, “Global Infant Formula Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global infant formula market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global infant formula market report has been segmented on the basis of, product type, distribution channel, and region.
Infant formulae are specialized products manufactured for dietary management of infants aged between 0 and 12 months. It is usually prepared from cows’ milk, and later treated to make more suitable for babies. Infant formula is classified in three major classes: Milk-based formulas – is prepared from cow milk with added minerals, and iron; soy based formulas – are made for infants, that are lactose intolerant; and special formulas are made for infants born with low birth weight (LBW).
Rising number of working mothers, busy lifestyle, growing awareness related to health benefits of infant formula, and increasing disposable income are major factors driving growth of the global infant formula market. Infant formula contains necessary nutrients for babies to grow, and are extremely easy to prepare, thus providing convenience to working mother. These are other factors expected to support growth of the global infant formula market over the forecast period. Moreover, babies that suffer from digestive problems can be fed formulas with pre-digested proteins, that are available in a variety of flavors, which will further propel growth of the target market.
However, stringent regulations regarding infant formula products, and high cost of ready-to-eat infant formulas are major factors restraining growth of the global infant formula market. Low shelf life of infant formulas is another factors expected to hamper growth of the target market over the forecast period.
The market in Asia Pacific is expected to dominate the global infant formula market in terms of revenue, due to high demand for infant formula specially in emerging economies such China, Hong Kong, and Indonesia, owing to increased health awareness, and improved standard of living in countries in the region. The market in North America is expected to account for the second-highest revenue in this market, owing to large number of working women, and increased disposable income in countries in the region, North America is followed by markets in Europe, Latin America, and Middle East & Africa, respectively.
Global Infant Formula Market segmentation:
Segmentation by product type:
- Starting Milk Formula
- Follow-on Milk Formula
- Toddlers Milk Formula
- Special Milk Formula
Segmentation by distribution channel:
- Specialty Outlets
- Online Stores
- Pharmacy Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Nestlé S.A.
- Mead Johnson Nutrition
- Danone, Inc.
- Meiji Holdings Co. Ltd.
- Abbott Nutrition
- The Kraft Heinz Company
- Pfizer Inc.
- Beingmate Baby & Child Food Co. Ltd.
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!