A US$ 32,237.4 Mn Infant Formula Market by 2027 with 10.1% CAGR Predicted Between 2021 and 2027

Infant formula is a synthetic alternative for human breast milk that is fed to babies in order to provide critical nutrients to the body. Infant milk formula, growing up milk formula, follow-on milk formula, and speciality baby milk formula are the different types of formula. There are liquid concentrates, powders, and ready-to-feed formulas available.

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Nestlé S.A., Groupe Danone, Abbott Nutrition, Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child food Co. Ltd., Synutra International Inc., Pfizer Inc., and FrieslandCampina. N.V.

The market is likely to see significant growth as demand for probiotic infant formula grows as a result of the multiple benefits it provides to infants. Gerber, for example, announced the release of two first-of-their-kind A2 milk innovations in April 2020: Gerber Good Start® A2 Infant Formula and Gerber Good Start® A2 Toddler Drink. Each product is formulated with an easy-to-digest A2 -casein protein – a high-quality protein found in A2 milk – as well as probiotics and prebiotic HMO (Human Milk Oligosaccharide) to provide advanced digestion assistance to your little one.

APEJ region dominated the global infant formula market in 2019, accounting for 48.7% share in terms of value, followed by North America and Western Europe, respectively.

The market for infant formula is likely to benefit from increased demand for premium infant nutrition products. In November 2019, Advanced Lipids, for example, introduced two new additions to its infant formula component line. Infant Pro is a new premium option with higher amounts of sn-2 palmitate, while Infant MF is a special blend with milk fat. Both new products will be introduced at Food Ingredients Europe, which will take place in Paris from December 3-5.

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In the end, This report additionally presents product specification, producing method, and products cost structure. Production is separated by regions, technology and applications. The Infant Formula Market report includes investment come analysis, and development trend analysis. The key rising opportunities of the fastest growing international Infant Formula industry segments are coated throughout this report. This report provides an information about the import, export, consumption and consumption value. The report then provides one of the most crucial aspects of the Infant Formula Market – the forecast for the next five to six years based on the previous as well as current data.

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