Infant Nutrition Market Size, Scope, Forecast To 2028

Precision Business Insights published a research report on “Infant Nutrition Market by Product type(Infant formula, Infant milk, Growing up milk, Follow on milk, Speciality baby formula, Baby food, Dried baby food, Prepared baby food) by distribution (E-commerce, Retail pharmacies, Supermarkets, Drugstores) - Global/Region/Country Forecast to 2028”.

Europe was the most important market for cosmetic pigments, accounting for the highest share in terms of value. Germany, France, the United Kingdom, Italy, Spain, and the Rest of Europe make up the European Cosmetic Pigments Market. In Europe, modern technology such as surface treatment and pigment dispersion are used to manufacture high-quality beauty and personal care products. The need for high-quality cosmetic and personal care products is driving the Cosmetic Pigments Market in this area. By the year 2027, this market is expected to increase at a 7.70 percent compound annual growth rate. Infant formula is classified as an artificial synthesis alternative for breast milk over the anticipated period of 2019 to 2027. Baby food, on the other hand, is a pureed type of solid food that aids in the consumption and digestion of the meal by the new-borns. Aside from that, the rise in per capita disposable income of the consumer has resulted in a significant improvement in the health and wealthiness of the new-born. As a result, as the demand for vitamin and mineral-fortified baby food grows, so does the trend of fortification of baby food.

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The infant formula market is experiencing significant growth as a result of the growing population of baby boomers, rising disposable income in developing countries, and increasing female participation in the labour force, all of which have aided in the acceptance of baby formula and prepared baby foods. In addition, the infant formula market has been boosted by rising urbanisation and the rise of the middle class. The regulatory difficulty connected with acquiring approval for manufacturing infant formula and food is, nevertheless, the principal barrier to entry for the sector. Manufacturers and distributors of infant formula and food in China have recently been subjected to more severe quality and safety criteria.

The Infant Nutrition Market is fragmented by Product, which is further segregated into Infant Formula and Baby Food.

North America is the largest revenue-generating market in terms of geography. The growth of the global market in the region is attributable to factors such as high disposable income, the presence of key players in the region, and a very well pharmaceutical and biotechnology industry. Due to good manufacturing facilities and considerable buying power per baby, Europe is the second largest market for infant formula. In the coming few years, Asia Pacific is predicted to develop at the fastest rate. The market in Asia Pacific is growing due to factors such as a large baby boomer generation, rising disposable income, and a high rate of urbanisation. Furthermore, since sales in developed nations have slowed, top companies have been forced to focus on new markets.

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Some of the major key players in the Infant Nutrition Market are Nestle S.A. (Switzerland) Abbott Laboratories (U.S.) Danone SA (France) Wakodo Co. Ltd. (Japan) The a2 Milk Company (Australia) Gerber Products Company (U.S.) Beech-Nut Nutrition Corporation (U.S.) Nurture Inc. (Happy Family) (U.S.) Bellamy’s Organic (Australia) Reckitt Benckiser Group Plc. (U.K.) Blackmores (Australia) Bega Cheese (Australia)

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