A recent report published by Infinium Global Research on the infant formula ingredients market provides an in-depth analysis of segments and sub-segments in the global as well as regional infant formula ingredients market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional infant formula ingredients market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global infant formula ingredients market. According to the report, the global infant formula ingredients market is projected to grow at a CAGR of 8.1% over the forecast period of 2019-2025.

Market Insight

Infant formula is specially designed and prepared for infants below a one-year age group. It is used to feed the babies, who are not able to get breastfeed for the said duration. As per the World Health Organization, it is advised to all mothers to provide breastfeed to their children for the first six months of the early life of the infant. However, every infant is not so fortunate enough to get breastfeed form their mother owing to several factors as the mother would be suffering from several problems as malnutrition, genetic diseases, and other factors. Hence, the infant formula is used as a substitute for breastfeeding for them. As per the World Health Organization, finding less than 40% of the infants receive breastfeed around the world. Especially, American babies are most unfortunate for this. Only 12% of American children receive breastfeed from their mother, and rest 88% of the infant depends on the infant formula. Additionally, in the developing and underdeveloped countries owing to early marriage, lack of proper food for the girls, and lack of medical treatment, women are not able to breastfeed their children. The global infant formula ingredients market is projected to grow at a CAGR of 8.1% over the forecast period of 2019-2025.

The growing urbanization, increasing double parent income is helping to grow the demand for the infant formula ingredients market around the world. Furthermore, the lack of different type of healthy food during the pregnancy in the developing and underdeveloped countries are forcing them to feed their children infant formula that in turn helps in the growth of the market. However, the side effects of the excessive consumption of the infant formula ingredients market to the children are hampering the growth of this market in the short term. Moreover, the growing urbanization and working opportunities for women in developing countries are expected to boost the demand for these products in the near future.

North America holds the largest market share in the infant formula ingredients market, owing to the presence of a large number of the leading companies who are dealing in the infant formula business. Further, the presence of the double income parent group, who are not able to provide breastfeed to their child for the early six months is boosting the growth of these products in this region. Asia-Pacific’s market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the infant formula ingredients market from the different consumers to feed their children in the early six months of their life.

Segment Covered

The report on the global infant formula ingredients market covers segments such as type, application, form, and source. On the basis of type, the sub-markets include carbohydrates, oils & fats, proteins, vitamins & minerals, prebiotics, and other types. On the basis of application, the sub-markets include growing-up milk, standard infant formula, follow-on formula, and specialty. On the basis of form, the sub-markets include powder, and liquid & semi-liquid. On the basis of source, the sub-markets include organic, and inorganic.

Companies Profiled:

The report provides profiles of the companies in the market such as Kerry Group plc, Glanbia, Plc, Chr Hansen Holding A/S, Koninklijke DSM N.V., BASF SE, Sachsenmilch GmbH, Royal FrieslandCampina N.V., AAK AB, Fonterra Co-operative Group Limited, and Carbery Group.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of infant formula ingredients market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.