Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on infant nutrition market provides in-depth analysis of segments and sub-segments in the global as well as regional infant nutrition market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional infant nutrition market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global infant nutrition market.
Infant nutrition products are incomplete or full substitutes for normal breast milk to provide the crucial nutrients for growth. There are two categories of infant nutrition products offered which are Infant formula and baby food. Furthermost of the Infant formulas are made from cow milk and it is supportive to many mothers who cannot breastfeed after a few months of birth. Whereas, soy-based formulas and protein hydrolysate-based infant formulas are available in the world market. Nowadays, ready-to-feed liquid infant formulas are also prevalent among consumers. Manufacturers of infant nutrition products create an extensive range of formulas, including breast milk substitutes and matching foods, to meet the detailed dietary needs of infants. Complete and particular nutrition contributions through nutritional protection, allergen avoidance, and innovative product development align with parental partialities, while shifting lifestyles, urbanization, and informal access to online information are manipulating consumer decision-making. Additionally, growing disposable incomes, globalization, and deliberate marketing efforts by manufacturers are molding product partialities. The market's growth trajectory is further supported by a delicate focus on long-term health effects.
A key factor propelling the expansion of the global infant nutrition market is the rise in the number of working women worldwide. Fast urbanization and increasing reusable income among couples make infant nutrition products cheap. As additional doctors are positively recommending nutrition products for infants, it is producing more sureness among parents to buy them for their infants. Enhanced packaging of the products is also generating more attention among the parents. Additionally, the growing malnutrition among babies across the world is driving the progress of the global infant nutrition market. This is due to increasing malnutrition among infants worldwide. This trend has led to augmented demand for nutritional products specially designed for infants, including formula and baby food. The market growth is primarily driven by the imperious need to address infant malnutrition, making infant nutrition a serious component of global health initiatives. However, growing regulatory scrutiny and safety apprehensions may restrict the growth of the infant nutrition market. Furthermore, the increasing consciousness of the position of early childhood nutrition and advanced product development as key factors driving the lucrative opportunity for growth in the infant nutrition market.
The infant nutrition market is segmented into North America, Asia Pacific, Europe, and ROW. Among this region, North America is projected to hold the most prominent market share in the upcoming forecast period. The market in this region is anticipated to take a stable growth rate due to quiet birth rates. Growing online retail sales of baby food products is an encouraging driver for the North America market. Moreover, Asia-Pacific is projected to achieve the fastest-growing region due to the flourishing population in countries such as China, India, and Indonesia. The Latin American infant nutrition market is predicted to gain important growth during the forecast period due to the demand from Brazil, Mexico, and some other developing nations in the region. The significant surge in working mothers is driving the demand for powdered milk products in the Latin American region. An upsurge in the birth rates and the occurrence of millions of babies under the age of three in African countries are key factors that drive the African infant nutrition market.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 91.03 Billion |
| Market Size by 2030 | USD 156.15 Billion |
| Growth Rate from 2023 to 2030 | CAGR of 7.0% |
| Largest Market | North America |
| No. of Pages | 255 |
| Market Drivers |
|
| Market Segmentation | By Type, By Distribution Channel, and By Form |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global infant nutrition market provides a detailed analysis of segments in the market based on Type, Distribution Channel, and Form.
· Baby Food
· Infant Formula
· Hypermarket/ Supermarket
· Convenience Stores
· Pharmacy
· Online
· Others
· Solid
· Liquid
· Sun-Maid Growers of California, Inc
· Arla Foods amba
· Abott Nutrition
· Nestle S.A
· Danone S.A
· DANA DAIRY GROUP LTD
· Perrigo Company plc
· The Kraft Heinz Company
· Hain Celestial Group
· Freisland Campina
The report provides deep insights into 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 the infant nutrition market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. 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.