This report provides exclusive insights into the COVID-19 impact on the Infant Formula Ingredients Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Infant Formula Ingredients Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Infant Formula Ingredients Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
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.