Press release
Baby Drinks Market by Product Type, Application, Distribution Channel and Geography. Key Players are Nestlé S.A (Switzerland), Abbott Nutrition (U.S.), Arla Foods (Denmark)), Kraft Foods Inc. (U.S.), Beingmate Group Co. Ltd (China), Mead Johnson Nutritio
Baby drinks include infant formula baby juice based on fruit juices that are considered for use by children below the age of 3 years. Infant formula is a dried milk product prepared to replace the nutrient content of natural breast milk by rehydration with water. Hectic lifestyle of consumers and increase in number of working women have increased the acceptance of baby drinks in the market. It is a substitute for breast feeding and are increasingly gaining popularity in the developed and developing economies. Moreover, owing to high nutritional content, baby drinks are recommended by paediatricians which would show an increased business trends in the coming five to six years.Baby Drinks Market Overview:
Growth in number of working women is the key factor for the growth of baby drinks market, along with that increasing birth rate, rising awareness among parents about importance of balanced and correct food for babies, and baby drinks as an alternate for breast milk are the factors also propelling the growth of the market. However, declining birth rate in developed countries and popularization of breastfeeding through government schemes may hinder the growth of the market. Growing product portfolio by manufacturers and health & wellness trends might provide with several growth opportunities in the forecasted years.
Read more insights at https://precisionbusinessinsights.com/market-reports/baby-drinks-market/
Competition Assessment: Global Baby Drinks Market
Some of the players in the global baby drinks market include:
• Nestlé S.A (Switzerland)
• Abbott Nutrition (U.S.)
• Arla Foods (Denmark))
• Kraft Foods Inc. (U.S.)
• Beingmate Group Co. Ltd (China)
• Mead Johnson Nutrition Company, LLC (U.S.)
• Danone (France)
• Danalac (Switzerland)
• HiPP GmbH & Co. (Germany)
• Campbell Soup Company (U.S.)
North America accounted for larger share owing baby drinks market
PBI’s global Baby Drinks Market report analysis the market in different places such as North America, Europe, Asia Pacific. North America baby drinks market accounted for larger share owing to presence of huge number of market players coupled with development of newer products, rise in disposable income, and increase in the awareness about baby health among parents.
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Europe baby drinks market is poised to grow at significant rate owing to increase in the adoption of infant formula due to escalation in women workforce in developed countries such as Germany, France, and U.K, favourable government policies, and increase in the baby care expenditure.
Asia Pacific baby drinks market expected to exhibit fastest growth rate due to increase in the birth rate in India and China, increase in women workforce in Japan, and diversification of business by online distribution channels in the region. Rise in disposable income of consumers, hectic lifestyles, and improvement in living standards have further added to the expansion of the regional baby drinks market.
Precision Business Insights (PBI) in its report titled “Baby Drinks Market”: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 20XX-20XX and Forecast 20XX-20XX” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast.
The global baby drinks market is segmented as follows: By Type
• Infant Formula o Infant Milk o Growing-up Milk o Others
• Baby Juice o Concentrated o Ready to Drink
• Baby Electrolyte
By Distribution Channel
• Hypermarkets/Supermarkets
• Pharmacy/Medical Store
• Specialty Store
• Others
By Region
• North America o The U.S.
• Europe o UK o France
o Germany
• Asia Pacific o China o Japan o India
• Latin America o Brazil
• The Middle East and Africa
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