openPR Logo
Press release

Baby Drinks Market Set to Surge, Projected to Reach $67 Billion by 2031, Driven by Growing Consumer Preference for High-Nutrition Infant Formulas.

12-19-2023 11:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Baby Drinks Market

Baby Drinks Market

According to a new report published by Allied Market Research, titled, "Baby Drinks Market by Product Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2031" the global baby drinks market size was valued at $30,964.3 million in 2021, and is projected to reach $67,102.2 million by 2031, registering a CAGR of 7.9% from 2022 to 2031. In 2021, the infant formula segment accounted for approximately 95% of the global market in terms of value.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž (๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) ๐š๐ญ:
https://www.alliedmarketresearch.com/request-sample/2333

Baby drinks comprise infant formula, baby juice, and baby electrolyte, which are consumed by infants and toddlers. The infant formula segment accounts for the highest share in the baby drinks market. Infant formula products contain the necessary nutrients and vitamins, which are necessary for the growth and development of the baby. Physicians recommend the use of infant formula as an alternative to breastmilk. Babies can be fed at convenience, which makes it easier for working mothers.

The market is driven by factors such as high nutrition content in baby drinks, change in lifestyle, rise in middle-class population, and increase in disposable income of people in the emerging economies, such as India, China, Indonesia, and others. These factors provide baby drinks market opportunities for growth.

Presently, consumers have become more health-conscious and prefer minimally-processed foods and natural drinks for their babies. Thus, the introduction of baby drinks, free from ingredients, such as added sugar, sodium, and preservatives is expected to provide potential opportunities for manufacturers of baby drinks. The manufacturers are focused on organic contents by removing the genetically modified ingredients (GMOs), synthetic pesticides, and fertilizers, in the feeds of cows. Thus, the milk used in the infant formula is certified as organic, which is anticipated to further fuel the growth of the market.

๐’๐๐„๐€๐Š ๐–๐ˆ๐“๐‡ ๐€๐๐€๐‹๐˜๐’๐“ https://www.alliedmarketresearch.com/connect-to-analyst/2333

The baby drinks market segments are on the basis of product type, application, distribution channel, and region. On the basis of product type, the market is segmented into infant formula, baby juice, and baby electrolyte. By application, the market is segmented into 36 months. By distribution channel, the industry are broadly classified into hypermarkets/supermarkets, pharmacy/medical stores, convenience stores, online channel, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).

In terms of value, Asia-Pacific and LAMEA collectively contributed approximately half share of the global market in 2021. Developing countries, such as Brazil, India, and China display a huge growth potential for this market on account of high consumption of baby drinks productin these countries to cater the market demand by nursing mothers.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ: https://www.alliedmarketresearch.com/request-for-customization/2333

According to the global baby drinks market trends, the players operating have adopted various developmental strategies to expand their baby drinks market share, increase profitability, and remain competitive in the market. The key players profiled in this report include,

โ–ถ๏ธ Abbott Laboratories
โ–ถ๏ธ Arla Foods amba
โ–ถ๏ธ Danone S.A.
โ–ถ๏ธ HIPP GmbH & CO. VERTRIEB KG
โ–ถ๏ธ NESTLE S.A.
โ–ถ๏ธ The Hain Celestial Group Inc.
โ–ถ๏ธ Mead Johnson & Company
โ–ถ๏ธ The Kraft Heinz Company
โ–ถ๏ธ BOBBIE
โ–ถ๏ธ Holle Baby Food AG.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐“๐ก๐ž ๐ƒ๐š๐ญ๐š? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ก๐ž๐ซ๐ž ๐š๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/2333

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

ยป ยป On the basis of baby drinks market analysis for region, Asia-Pacificaccounted for the largest revenue share of the global market, registering a significant CAGR from 2022 to 2031, followed by North America.

ยป ยป On the basis of baby drinks market trends in 2021, the 12-36 month, application segment accounted for approximately 50% share, in terms of value, and is expected to grow at the highest CAGR of 7.4% during the forecast period.

ยป ยป North America is anticipated to grow at the highest CAGR of 8.6% from 2022 to 2031 in the baby drinks market forecast period.

ยป ยป In 2021, the U.S. generated the highest revenue, accounting for approximately 20% share of the global baby drinks industry.

ยป ยป South Africa is anticipated to grow at a significant CAGR of 10.0% during the study period.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

๐€๐๐Ž๐”๐“ ๐”๐’:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Baby Drinks Market Set to Surge, Projected to Reach $67 Billion by 2031, Driven by Growing Consumer Preference for High-Nutrition Infant Formulas. here

News-ID: 3332255 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Baby

Baby Safety Products Market Analysis By Top Keyplayers - Baby Stroller and Pram, โ€ฆ
The "Baby Safety Products Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.ย  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Baby Safety Products Market, 2024-2031 Verified Market Research's most recent report, "Baby Safety Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," providesโ€ฆ
Baby Mats Market Is Booming Worldwide | Busy Baby, Mothercare, Baby Einstein
Advance Market Analytics published a new research publication on "Baby Mats Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Baby Mats market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy ofโ€ฆ
Baby Mats Market 2019 - Baby Care, Bright Starts, Lollaland, Baby Mushroom, Baby โ€ฆ
Global Baby Mats Market 2019-2024: According to the Global Baby Mats Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 โ€“ 2025, showing good progress, rising at a CAGR of XX%. The global Baby Mats Market report covers a detailed analysis of the Baby Mats Market including the various parameters on which the Baby Mats Marketโ€ฆ
Baby Carriers Market 2019 By Baby Bjorn, Chicco, Ergobaby, Evenflo, Infantino, T โ€ฆ
Global Baby Carriers Market 2019-2024: According to the Global Baby Carriers Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 โ€“ 2024, showing good progress, rising at a CAGR of XX%. The global Baby Carriers Marketย  report covers a detailed analysis of the Baby Carriers Marketย  including the various parameters on which the Baby Carriers Marketย  is analyzedโ€ฆ
Baby Carriers Market is Booming Worldwide| Snuggy Baby, Balboa Baby, Beachfront โ€ฆ
Global and India Baby Carriers Market Research by Company, Type & Application 2013-2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global and India Baby Carriers Market. Some of the key players profiled inโ€ฆ
Baby Carriers Market Report 2018 Companies included Baby Bjorn, Chicco, Ergobaby โ€ฆ
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also providesโ€ฆ