Infant Formula Market Analysis and Precise Outlook 2023
However, growth of the industry will be challenged by stringent regulations and dominance of infant formula alternatives. A few notable trends include growing awareness regarding baby foods and increasing preference for foreign infant formula brands in China.
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China is the fastest growing region to the global infant formula market mainly propelled by increasing population in China after withdrawal of one child policy by the Government of China. The growth in Asia Pacific region was mainly attributable to the increased disposable income and rising concerns among the new parents regarding child nutritional requirement. North America and Europe are highly established premium markets that contribute significantly to the global market.
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Regional Analysis For Infant Formula Market:
For the comprehensive understanding of market dynamics, the global Infant Formula Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
Important Features that are under Offering and Key Highlights of the Reports:
Scope of the report:
The report provides a comprehensive analysis of the global infant formula market, segmented into toddler (+12 months), standard (0-6 months), follow-on (6-12 months) and special (premature, allergic) products.
The major regional markets (Asia Pacific, Europe, North America and Latin America) have been analyzed, along with country coverage of China and Australia.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
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Key Target Audience:
Infant Formula Producers
Raw Material Suppliers
Government Bodies & Regulating Authorities
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