U.S. Baby Infant Formula Market Booming At A CAGR Of 8.6% To Estimated $6,784.7 Million Growth By 2030

Increasing participation of women in the labor force in the U.S. is a key factor driving the growth of the U.S. baby infant formula market. For instance, according to the U.S. Bureau of Statistics, the working women population has increased from 57.1% in 2018 to 57.5% in 2020. The changing lifestyle of the middle-class population due to rapid urbanization and rising disposable is boosting the U.S. baby infant formula market growth.
The U.S. baby infant formula market was valued at $3,889.0 million in 2020, and is projected to reach $6,784.7 million by 2030, registering a CAGR of 8.6% from 2021 to 2030. In 2020, the carbohydrate segment accounted for 56.4% of the market share.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
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Segmentation:

On the basis of point of sale (POS), the OTC segment holds the highest U.S. baby infant formula market share as over-the-counter (OTC) is the most popular POS because most of the babies are hypoallergenic and requires no special attention on consuming infant formula. As per the U.S. baby infant formula market forecast, the OTC segment is expected to dominate in the forthcoming years.

Major Key Players:

The players operating in the U.S. baby infant formula market have adopted various developmental strategies to expand their market share, exploit the U.S. baby infant formula market opportunity, and increase profitability in the market. The key players profiled in this report include Abbott Laboratories, Arla Foods, Bobbie, Campbell Soups Company, Dana Dairy Group, Ltd., Danone S.A., D-Signstore, Else Nutrition Holdings, Inc., Hipp GmbH & Co. Vertrieb KG, Holle Baby Food AG, Kabrita USA, Nature's One, LLC., Nestle S.A., Reckitt Benckiser Group Plc., and The Hain Celestial Group, Inc.

𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁:
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Key Benefits For Stakeholders

-> The report provides a quantitative analysis of the current U.S. baby infant formula market trends, estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing opportunities.

-> Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.

-> In-depth analysis and the market size and segmentation assists to determine the prevailing U.S. baby infant formula opportunities.

-> The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the U.S. baby infant formula industry.

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:

https://www.alliedmarketresearch.com/us-baby-infant-formula-market-A10849

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