Infant Formula Market Trends, Segmentation and Opportunities With Abbott, Campbell Soups, Dana Dairy Group Ltd, Danone | Forecast Till 2025

A recent report published by QMI on Infant Formula market is a detailed assessment of the most important market dynamics. After carrying out thorough research of infant formula market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for infant formula during the forecast period. It can enable manufacturers of infant formula to change their production and marketing strategies in order to envisage maximum growth.

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Infant Formula is designed and marketed for feeding to babies under the age of 12months. It can be in the form of powder & liquid (by mixing with or without additional water). The infant formula consists of various nutrients, such as fats, carbohydrates, proteins, vitamins, minerals, and others. Infant formula is fed to babies for their overall development. Infant formula can be used as an alternative, as it consists of similar nutrient contents, as physicians have recommended exclusive breastfeeding for under six months babies. As soon as working mothers join their jobs quickly post-delivery, they find the infant formula very convenient as it can be prepared in lesser time and comprises all the essential nutrients required for the growth of the baby. Increasing working women population is the key factor that drives the market.

Segmentation for better understanding of this market and its growth prospects

The global infant formula market is segmented on the basis of product type & distribution channel.
It's available in the form of a pouch, tubes, or glass. Compared with traditional packaging forms such as in tubs or glass, the pouch shape is increasing significantly. Pouches at the top with plastic spouts provide ease of sipping. Given their ease of use and the flexibility of handling on offer, the popularity of pouches among consumers is increasing day by day.

These pouches are very convenient for the baby, so that they can feed themselves independently. For customers looking for an innovative and convenient infant nutrition product, they act as an attractive proposition.

The rise in changing lifestyles, an increase in the middle-class population, and an increase in the consumer's disposable income are the major driver of market demand. Increasing awareness of formula for infants & high nutritional content in formula for infants propels the growth of market. Concerns about food safety and a fall in the global birth rate can, however, hamper market growth.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Abbott
2. Campbell Soups
3. Dana Dairy Group Ltd
4. Danone
5. D-Signstore
6. HiPP GmbH & Co. Vertrieb KG
7. Reckitt Benckiser (Mead Johnson & Company LLC)
8. Nestle S.A.
9. The Hain Celestial Group
10. Arla Foods Amba

Important Factors Impacting Market Growth:

o Increase in number of working women population
o Higher spending on baby health
o Increasing demand for organic baby food

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For infant formula market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the infant formula market.

North America and Western Europe have been one of the key regions with technological advancements in Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for infant formula market in these regions.

In addition to this, some of the major companies operating in this market are headquartered in these regions. Asia Pacific is estimated to be one of the fastest growing markets for infant formula market. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of infant formula market. Middle East and rest of the World are estimated to be emerging regions for infant formula market.

Market Segmentation:
By Type:
o Fat
o Protein
o Minerals
o Vitamins
o Infant Milk
o Carbohydrate

By Ingredient
o Follow-on-Milk
o Growing-up Milk
o Specialty Baby Milk
o Others

By Distribution Channel:
o Hypermarkets
o Supermarkets
o Specialty Stores
o Pharmacy/Medical Stores
o Hard Discounter Stores
o Others

By Region:
o North America
o By Country (US, Canada, Mexico)
o By Type
o By Distribution Channel
o Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Type
o By Distribution Channel
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Distribution Channel
o Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Type
o By Distribution Channel
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Type
o By Distribution Channel
o Rest of the World
o By Region (South America, Africa)
o By Type
o By Distribution Channel

Reasons To Buy This Report:
o Market size estimation of the global infant formula market on a regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.