Infant Nutrition Market (Type - Baby Food, and Infant Formula; Distribution Channel - Hypermarket/ Supermarket, Convenience Stores, Pharmacy, Online, and Others; Form - Solid, and Liquid): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Infant Nutrition Market (Type - Baby Food, and Infant Formula; Distribution Channel - Hypermarket/ Supermarket, Convenience Stores, Pharmacy, Online, and Others; Form - Solid, and Liquid): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Report Code: IGR0164 Category: Healthcare & Medical Devices Published: January, 2024

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.

Market Insight:

Infant nutrition market was valued USD 91.03 billion in 2022 and is expected to reach up to USD 156.15 billion in 2030, with a CAGR of 7.0% during the forecast period 2023-2030.

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.

Infant Nutrition Market Size, Share, Trends, Industry | IGR

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 Scope of the 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
  • The increasing number of working women across the world is a major driver for the growth of the global infant nutrition market.

  • The increasing malnutrition among babies across the world is fueling the growth of the global infant nutrition market.

Market Segmentation By Type, By Distribution Channel, and By Form
Regional Scope North America, Europe, Asia Pacific, and RoW

Segment Covered

The report on global infant nutrition market covers segments such as type, distribution channel, and form. On the basis of type, the sub-markets include baby food, and infant formula. On the basis of distribution channel, the sub-markets include hypermarket/ supermarket, convenience stores, pharmacy, online, and others. On the basis of form, the sub-markets include solid, and liquid.

Companies Profiled:

The report provides profiles of the companies in the market such as 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, and Freisland Campina.

Report Highlights:

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.


Frequently Asked Questions (FAQ's)

The global infant nutrition market was valued at USD 91.03 Billion in 2022.
It is likely to grow at a CAGR of 7.0% during the forecast period 2023-2030.
The global infant nutrition market is estimated to reach USD 156.15 Billion by the end of 2030.
North America is anticipated to exhibit high demand for infant nutrition market during the forecast period.
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, and Freisland Campina.
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