Infant Nutrition market Is Projected To Reach $61.6 billion by 2026 | Nestle, Mead Johnson Nutrition, Bledina

Food is the primary source providing the human body with vital nutrients required for healthy functioning. Similarly, infants require food for their healthy growth and development, which is mostly obtained from breast milk. Infant nutrition is a substitute food for breast milk. The initial 6 months after birth plays a very crucial role in development of a child, wherein ensuring optimal nutrition during this period is of paramount importance. Breast milk is highly nutritious containing carbohydrates, proteins, fats, minerals, and vitamins imperative for development of the child. However, in certain cases the mother may not be able to produce breast milk or may not be able breastfeed the baby due to other reasons. In such cases infant nutrition products act as a suitable substitute.

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Infant Nutrition Market Taxonomy:

Global Market by Product Type:
Baby Food
Infant Formula

Global Market by Formulation:
Powder
Liquid
Ready-to-eat

Global Market by Distribution Channel:
Retail Pharmacies
Super Markets & General Stores
E-commerce

In the next few years, it is expected that the global infant nutrition market will show healthy growth. In the last few years the sale of infant nutrition products in developed countries has shown single digit growth rate. As the slowly increasing population, low birth rate and due to market saturation. In case of emerging countries, the market has grown by double digit rate due to increasing population and economy of the countries at high rates and increasing awareness about infant nutrition.

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According to the worldstat.org, the birth rate in Asia was 17.56 in 2011. The birth rate of boys was more than the birth rate of girls in this region. The population of Asia has risen from 4.16 billion in 2010 to 4.43 billion in 2016, which is an increase of around 266 million. This rise in the number of births along with the rise in disposable income and per capita spending on baby care have made the infant nutrition market in this region, a promising one. A new trend observed in the market is that of increasing consumer inclination towards organic infant nutrition products.

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