Press release
Infant Nutrition Market is Predicted to Attain $95.5 billion by 2032 | Reckitt Benckise (Mead Johnson & Company LLC), Perrigo Company Plc
The Infant Nutrition Market was valued at $45.5 billion in 2022, and is estimated to reach $95.5 billion by 2032, growing at a CAGR of 7.7% from 2023 to 2032.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/6165
The most significant factor that influences a child growth and development is nutrition. Infant nutrition facilitates healthy growth of babies, improves cognitive performance and development, prevents them from allergies, and increases gastrointestinal health & immunity.
๐๐จ๐ฉ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The key players operating in the infant nutrition industry include Abbott, Arla Foods Amba, Campbell Soups, Dana Dairy Group Ltd., Danone, Nestle S.A., Reckitt Benckise (Mead Johnson & Company LLC), Perrigo Company Plc, Heinz Baby, and Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF).
Continuous innovation in product functionality and performance along with coherent strategies such as tailored packaging, which reflect the healthy ingredients of the baby food products allow major players in the market to sustain in the consumer-centric market. Moreover, attractive & convenient packaging acts as a key selling point for leading manufacturers. As a result, prominent players in the market have introduced baby food in a variety of packaging formats, including, but not limited to stand up pouches, glass & plastic containers, and cans, which helps increase the companies' infant nutrition market share.
๐๐ฎ๐ฒ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/checkout-final/0d5e8e82a1e06dbb15866b9df9bff554
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Region wise, Asia-Pacific dominated the market in 2022, garnering a market share of 44.1%. Increase in spending power of the population in the region has significantly increased the demand for infant nutrition products in Asia-Pacific. The government has further started initiatives to promote baby care awareness. Furthermore, increase in internet advertising for healthy and nutrient-dense baby meals would help the infant feeding sector expand, helping to increase the infant nutrition market size.
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
By product type, the infant milk segment is estimated to witness significant growth, registering a CAGR of 8.0% during the forecast period.
According to form, the solid baby food segment is anticipated to grow at a CAGR of 7.7% during the forecast period.
As per distribution channel, the offline segment is estimated to witness significant growth, registering a CAGR of 7.6% during the forecast period.
By region, Asia-Pacific was the dominant region in 2022, occupying a major share of the market.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/6165
By form, the solid baby food segment dominated the market in 2022, garnering around three-fourth of the market share. Moreover, the liquid baby food segment is expected to grow at the highest CAGR of 8.0% from 2023 to 2032. In addition, due to ongoing improvements in product performance and functionality as well as cogent strategies such as specialized packaging that reflect the nutritious ingredients of the products, major market players are able to survive in the consumer-centric market, which is the current trend in solid baby food.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Baby Drinks Market - https://www.alliedmarketresearch.com/baby-drinks-market
U.S. Baby Infant Formula Market - https://www.alliedmarketresearch.com/us-baby-infant-formula-market-A10849
Frozen Baby Food Market - https://www.alliedmarketresearch.com/frozen-baby-food-market
๐๐จ๐ง๐ญ๐๐๐ญ:
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