Infant Nutrition Market Size, Share and Growth Analysis | Key Players Operating in the report are Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Danone SA (France), Wakodo Co. Ltd. (Japan), The a2 Milk Company (Australia)

Precision Business Insights published a research report on research report "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) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)Global/Region/Country Forecast to 2028", Infant nutrition market size was valued at USS 43.8 Billion in the year 2021 and is anticipated to grow at US$ 64.88 Billion witnessing a CAGR rate of 6.1% till 2028 during the evaluation time span 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC 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) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028",

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Increase in the expenditure for high-quality baby foods is anticipated to impel the Infant Nutrition Market:
Breast milk is necessary for infants of 0-12 months for nutritional purpose. Infant nutritional products are used for babies less than two years old and works similarly like natural breast milk. These products help to maintain the proper growth as these products offer necessary nutrients to the baby. Infant formula and baby food are two products employed as infant nutrition. Cow milk is used in most of the infant nutrition products. Reckitt Benckiser acquired Mead Johnson in June 2017 to expand the infant nutrition portfolio of the company. Nestle also introduced an infant nutrition product, Ceregrow belongs to cereal category in India.

There are a few factors expected to drive the growth of infant nutrition market over the evaluation time span such as growing disposable income, increase in the working mothers, rising expenditure for high-quality baby foods and fast urbanization. In addition, growing demand for packaging products, increasing birth rate around the globe and the availability of wider products are anticipated to impel the infant nutrition market over the evaluation period. On the other hand, Poor quality of some packaged infant nutrition food, high price of the products, environmental factors like storage conditions and the danger of allergies and autoimmune disorders can hamper the growth of infant nutrition market over the assessment duration.

Asia Pacific leads the Infant Nutrition Market:
Upsurge in the birth rate and increase in the working women in economies of Asia Pacific such as China, India and Japan are the major factors expected to propel the growth of infant nutrition market in this region. North America also experiences considerable growth due to the factors such as growing consciousness regarding the infant nutrition products, increase in women employment rate and growing expenditure on baby healthcare products. But, factors such as high disposable income increase in women employment rate mainly in Germany and U.K and increasing preference towards child welfare might boost the infant nutritional market in this region.

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Competitive Analysis - Infant Nutrition Market:
Key players operating in the infant nutritional 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.) and Nurture Inc. (Happy Family) (U.S.). Key players in the market focus on following a few effective strategies such as major collaborations and mergers.

Mr. Satya

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