Baby Infant Formula Market Dynamics, Forecast, Analysis and Supply Demand 2018-2025

Baby Infant Formula Market by Type, Ingredient, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025.

The global baby infant formula market size is expected to bet $24,043 million in 2018, and is projected to reach $45,348 million by 2025, registering a CAGR of 9.5% from 2018 to 2025. In 2018, the infant milk segment accounted for more than half of the market share in the global market, both in terms of revenue and volume.

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Baby infant formula comprises infant milk, follow-on-milk, specialty baby milk, and growing-up milk designed for the consumption of infants and toddlers. Infant milk contains the necessary nutrients, minerals, and vitamins for normal development of the baby. Physicians recommend infant formula as an alternative to breastmilk, as it can be fed anywhere and at any time, which makes it a convenient for working mothers. Many working mothers return to their jobs shortly after giving birth. Thus, infant formula can be fed at convenience and provides a healthy and nutritious alternative.

Increase in participation of women in labor force has led to rise in the number of women professionals who prefer infant formula for their babies. This is expected to boost the growth of the baby infant formula market.

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Asia-Pacific is expected to be the highest revenue contributor to the global market, owing to presence of large population under the between 0 and 4 years. Growth in female participation in labor force, increased disposable income, busy lifestyle, and high standards of living in countries such as China, India, Indonesia, Philippines, and South Korea boost the baby infant formula market growth. China is anticipated to dominate the baby infant formula market, in terms of both revenue and volume, accounting for more two-thirds of the share in Asia-Pacific region in 2018.

Brazil is the largest contributor in the LAMEA baby infant formula market, owing to the presence of high disposable income among the consumers and of large number of working women in Brazil. As per World Bank, 42.9% of women occupy the total labor force in Brazil. On the other hand, Saudi Arabia is anticipated to the second fastest growing country in LAMEA region, due to high birth rate and high disposable income of the consumers.

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The key players profiled in the report include Abbott, Arla Foods Amba, Campbell Soups, Dana Dairy Group Ltd, Danone, D-Signstore, HiPP GmbH & Co. Vertrieb KG, Reckitt Benckiser (Mead Johnson & Company LLC), Nestle S.A. and The Hain Celestial Group.

Key findings of the Baby Infant Formula Market:
In 2018, Asia-Pacific is expected to be the highest contributor to the baby infant formula market in terms of value and volume, growing at a CAGR of 11.4% from 2018 to 2025.
In 2018, the carbohydrate segment is expected to be the highest contributor to the baby infant formula market in terms of value, and is estimated to grow at a CAGR of 9.4% from 2018 to 2025.
In 2018, the mineral segment is expected to growth at the highest CAGR of 10.9% from 2018 to 2025.
In 2018, the infant milk segment is expected to account for the highest market share in baby infant formula market, and is estimated to grow at CAGRs of 9.7%.
In 2018, hypermarket segment is expected to be a prominent market share in baby infant formula market and is anticipated to grow at the CAGRs of 8.8%.

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