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Pediatric Nutrition Market will generate new growth Size ,Share, trend by 2024-2031 |Reckitt Benckiser Group Plc, Nestlé S.A., Abbott Laboratories, Groupe Danone

02-05-2024 11:21 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Pediatric Nutrition Market will generate new growth Size

Market Overview:

Pediatric nutrition products include infant formula, milk-based formulas, nutrient-enriched cereal foods, juices, snacks and others that aim to fulfill the nutritional requirements of children aged 0-12 years. These products help in the overall growth and development of children by providing essential vitamins, minerals, proteins and other nutrients. They are available in the form of drinks, powders, soft pellets and others for ease of consumption.

Market Dynamics:

Growing incidences of pediatric malnutrition and undernutrition worldwide is a key driver for the pediatric nutrition market growth. According to the UNICEF, around 150 million under-five children are stunted or chronically undernourished globally. This increases their risk of poor physical and cognitive development. As a result, there is an increasing demand for specialized nutrient-enriched pediatric food products that help address nutritional deficiencies in children. Additionally, rising awareness among parents about importance of balanced diet during childhood is also fueling the adoption of pediatric nutrition supplements and products. Moreover, increasing disposable income in developing nations enables better access to such nutritional supplements.

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Top Companies Covered In This Report: Reckitt Benckiser Group Plc, Nestlé S.A., Abbott Laboratories, Groupe Danone, Royal FrieslandCampina, Baxter International Inc., Fresenius Kabi, and B. Braun Melsungen AG.

Market Segmentation:

Global Pediatric Nutrition Market, By Product Type:
Milk-based
Soy-based
Organic
Prebiotic/Probiotic
Amino Acid-based
Others

Global Pediatric Nutrition Market, By Age Group:
Infant
Children
Global Pediatric Nutrition Market, By Formulation:
Liquid
Powder

Global Pediatric Nutrition Market, By Application:
Brain Development
Nutrition Source
Sole Source
Supplements
Metabolic Disorders
Maple Syrup Disease
Phenylnuria
Insulin Resistance
Others
Allergy Management
Cow's Milk Protein Allergies
Lactose Intolerance
Others

Global Pediatric Nutrition Market, By Distribution Channel:
Retail Stores
Online Stores

Geographically, the detailed analysis of consumption, revenue, Pediatric Nutrition Market share, growth rate, etc. of the following regions:

» North America (United States, Canada, and Mexico)
» Europe (Germany, France, UK, Russia, Italy)
» Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
» Latin America (Brazil, Argentina, Colombia)
» Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Major Drivers for Rising Demand for Pediatric Nutrition Products:

Increasing Importance of Nutrition for Child Development

Proper nutrition and balanced diet plays a crucial role in the holistic development of children from birth till their teenage years. Major developmental milestones like cognitive development, motor skill development, brain development etc are highly dependent on adequate intake of essential nutrients. Parents and caregivers are increasingly realizing the long term benefits of nutritious diet in shaping the future of the child. This awareness is driving greater demand for specialized pediatric nutrition products that cater to the unique nutritional needs at different stages of childhood.

Growing Prevalence of Pediatric Medical Conditions Requiring Therapeutic Nutrition

The rising incidence of various pediatric medical conditions like gastrointestinal disorders, food allergies, metabolic disorders etc is propelling the need for tailored therapeutic nutrition products. Therapeutic pediatric nutrition has proved highly effective in managing medical conditions, speeding recovery and minimizing long term complications. The requirement of specialized formulations for conditions like PKU, diabetes, allergy related gut damage etc is surging volumes in the pediatric nutrition segment.

Major Restrain for Pediatric Nutrition Products Market:

Inability to Easily Differentiate Superior Products

With mushrooming of various brands offering pediatric nutrition products, it has become very difficult for parents and caregivers to differentiate genuine high quality products from substandard alternatives. Most products make tall claims about formulations and health benefits without credible scientific substantiation. This inability to easily judge product quality and efficacy based on labeling acts as a deterrent for many individuals and influences purchase decisions negatively. Standardized testing and certification is the need of hour to address this key restrain.

Major Opportunity for Pediatric Nutrition Market:

Growing Middle Class in Developing Regions

Developing economies in Asia Pacific and Latin America are witnessing rapid economic growth and expansion of affluent middle income population groups. Rising disposable incomes are empowering more families to afford premium nutrition and focus on child health. This emerging middle class represents a huge untapped market potential for global pediatric nutrition brands. Strategic market entry and customized affordable product portfolio can help companies leverage this growth opportunity.

Major Trend Shaping Pediatric Nutrition Market Dynamics:

Innovation in Formulations and Delivery Systems

Product innovation has been a constant driver of industry progress and evolution of pediatric nutrition sector. Emerging trends indicate continuous endeavors to enhance bioavailability, palatability and ease of administration of formulations. Novel delivery mechanisms like chewable tablets, melts, etc catering to different age groups are gaining popularity. Innovation will remain pivotal in solving unmet needs, aligning with modern lifestyles and sustaining competitive advantage. Companies investing in R&D for novel formulations stand to gain from this prominent trend.

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𝐅𝐀𝐐'𝐬

Q.1 What are the main factors influencing the Pediatric Nutrition market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market's opportunities, risks, and general structure?
Q.4 Which of the top Pediatric Nutrition Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Pediatric Nutrition market's distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area's assessment of agreements, income, and value implicate?

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Contact Us:

Mr. Shah
Coherent Market Insights Pvt. Ltd,
📞Phone: U.S.: +1-206-701-6702
📞U.K.: +44-020-8133-4027
📞JAPAN: +81-50-5539-1737
📞INDIA: +91-848-285-0837
✉ Email: sales@coherentmarketinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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