Infant Formula Market: Share, Size, Competitive Strategies and Forecast 2017 – 2025

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Infant Formula Market is estimated to surpass
USD 98 billion by 2025
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Key Insights from Infant formula Market

• Infant Formula market will exceed USD 98 billion
  by 2025 according to a new research report. The
  prime factor driving infant formula market during
  the forecast timeframe will be rising infant
  population every year. As per United Nations,
  world infant population in 2015 was recorded at
  673.6 million and shall increase to 733.3 million
  in 2025.
• Follow-on segment accounted for the largest share
  in global infant formula market in 2018. This
  segment food caters to babies aged 6 to 12
  months. This age group requires proteins and
  other essential elements as present in mother's
  milk. This category has highest demand for infant
  formula because at this stage, breastfeeding is
  generally stopped, and infants are introduced to
  other foods.
• Supermarkets segment shall be witnessing maximum
  gains in infant formula market in the coming
  years. The segment will expand at CAGR of 9.5
  over the forecast timeframe. The steadily growing
  retail industry across the globe, will benefit
  supermarket formats the most, as they have wide
  product range and offer products at affordable
  prices.

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Continued...

• Europe is one of the prominent regions in infant
  formula market. Europe has presence of several
  infant formula producing companies and will be
  growing at 9.0 during the forecast timespan.
  Nestle, HiPP, DMK GmbH and Danone are some of the
  major players operational in this regional
  market.
• Asia Pacific is one promising region in terms of
  increasing consumption of infant formula market.
  The region held 35.6 share by volume in global
  infant formula market in 2018. Growing infant
  population in India, Vietnam, Pakistan, Thailand,
  Indonesia will be accelerating product demand
  over the forecast timeframe. Additionally,
  governments of these nations are taking necessary
  steps to improve their infant mortality rate, for
  which they run several schemes for baby as well
  as for the mother. In addition, growing awareness
  among parents about right selection of food
  products for their babies has led to intense
  competition among companies regarding reaching
  their target consumers efficiently.

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U.S. Infant Formula Market Size, By Product, 2014
- 2025 (USD Million)

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