Infant Formula Market Size, Share, Trends, Growth and Forecast 2019-2026 - PowerPoint PPT Presentation

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Infant Formula Market Size, Share, Trends, Growth and Forecast 2019-2026

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Title: Infant Formula Market Size, Share, Trends, Growth and Forecast 2019-2026


1
  • Rising awareness about the nutritional benefits
    of infant baby products is spurring growth in
    the global infant formula market. This shows that
    the demand for infant nutrition products will
    increase, with manufacturers embarking on
    designing the formulations that closely
    replicates the composition of breast milk.
  • Despite a decrease in birth rates, infant milk
    formula is gaining huge attention primarily
    owing to the increase in working women
    population. As per the report, the global market
    was valued at USD 45.12 Billion in 2018 and is
    anticipated to surpass USD 103 Billion by 2026.
    Introduction of innovative packaging,
    premiumization, new changes in ingredient mix
    are driving the infant formula market growth.
    This, coupled with the delivery of effective
    communication on product offerings, is expected
    to benefit the long- term growth of the market.
  • Browse Complete Report
  • https//www.fortunebusinessinsights.com/industry-r
    eports/infant-formula-market- 101498
  • As per the report, some of the major players
    operating in the global infant formula companies
    include
  • Nestle S.A.
  • Danone SA
  • Abbott
  • Arla Foods amba
  • Yili Group
  • The Kraft Heinz Company
  • Bellamy's Organic
  • Perrigo Company plc
  • Reckitt Benckiser Group plc.
  • Royal FrieslandCampina N.V.
  • Of these, companies such as Danone SA, Nestle
    S.A., and Abbott are leading the market owing to
    their product portfolio. Other companies are also
    putting constant efforts to strengthen their
    position in the infant formula manufacturers.
    Some go the developments marked by the report
    are

2
lack of substitutes in the market. He added,
Owing to the lack of nutrient-dense and
convenient products, manufacturers are planning
to develop a plethora of new infant formulae
products such as infant milk. In addition to
this, physicians also recommend the use of
infant milk than follow-on-milk owing to their
superior nutritional value and is the best
substitute for breast milk. The medicalization of
infant milk formula addresses some of the
general health conditions in infants and children
which include constipation and indigestion.
Considering the rising awareness about infant
formula, consumers demand organic, 100 lactose,
GMO-free and other product differentiations in
infant milk products. Get Sample
PDF https//www.fortunebusinessinsights.com/enqui
ry/request-sample-pdf/infant-formula-
market-101498 China Registers 11.30 CAGR and is
the Fastest Growing Market for Infant Formula
Products United States The infant formula market
in the U.S. was worth USD 2.66 billion in 2018
and is projected to reach USD 5.07 billion by
2026. The market is expanding owing to the
rising focus on value-added infant formulae with
the best ingredients and regulatory practices.
The intervention from public sector coupled with
the efforts from key brands have led to
effective penetration of infant nutrition
products among almost every households of the
country irrespective of varied ethnicity. As per
the report, the market is expected to rise at a
CAGR of 8.30 in the forecast years. China infant
formula market size The market in China is
anticipated to register a CAGR of 11.30 between
2019 and 2026. The elimination of one-child
policy and rapid consolidation of the domestic
industry are factors creating growth
opportunities for the market in China. Also, the
rising awareness about infant care and nutrition
is enabling growth in the market, augmenting the
infant formula market size in Asia
Pacific. January 2019 A subsidiary of Arla Foods
Amba called Arla Foods Ingredients revealed a
new infant formula concept called easy digest
whey protein. The company aims to reduce
gastrointestinal issues by changing the number of
proteins used. August 2019 Danone Nutricia
announced the launch of a new and advanced infant
formula called Karicare Toddler. This product is
made with pure New Zealand sheep milk. September
2019 Researchers at the Technical University of
Denmark and Kyoto University discovered a new
infant formula which is as good as breast milk.
It contains the same sugars and can be given to
children who are not breastfed.
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