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Probiotic Infant Formula Market Booms Thriving on Tiny Tummies 2024-2031

05-21-2024 07:57 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Probiotic Infant Formula Market Booms Thriving on Tiny Tummies

Global Probiotic Infant Formula Market Worth $739.4 Mn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Probiotic Infant Formula Market- (By Age (Premature, Infant and Toddler), By Ingredient (Lactobacilli, Bifidobacteria and Others), By Sales Channel (Online and Offline), By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Probiotic Infant Formula Market is valued at US$ 502.3 Mn in 2023, and it is expected to reach US$ 739.4 Mn by 2031, with a CAGR of 5.1% during the forecast period of 2024-2031.

One type of baby food with probiotics is called probiotic infant formula. Probiotics are good for your health in general and your digestion in particular. These recipes benefit a baby's immune system and digestive tract because they contain bacteria similar to what a breastfeeding infant would encounter. The rising incidence of gastrointestinal disorders and poor gut health in infants drives the demand for probiotic baby formula.

The growing number of working women will present opportunities for market leaders. The baby formula industry is driven by consumers' growing awareness of the need for additional nourishment. They are also becoming more receptive to formulas other than breast milk. Parents' choice of formulas with fewer artificial ingredients from organic sources drives the demand for probiotic infant formula.

Parents' awareness regarding their newborn's nutritional requirements, such as safe baby food items and substitutes for breast milk, has increased due to government initiatives and increased accessibility to pediatric healthcare. Nonetheless, the market's growth was hampered by higher production and ingredient prices and stricter regulations.

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List of Prominent Players in the Probiotic Infant Formula Market:

• SFI Health
• Similac
• Nutricia Neocate
• New Beginnings Nutritionals
• Enfamil
• Envivo
• Nestlé Health Science
• Nestlé Good Start
• Bellamy's Organic
• HiPP
• Custom Probiotics Inc.

Market Dynamics:
Drivers-
The industry is growing at a rapid pace due to parents' growing knowledge of the many ways probiotics aid newborn health, including better digestion and a stronger immune system. Probiotic infant formulae are in high demand because they provide a healthy substitute for breast milk, which is especially helpful for the growing number of working women.

A further driver of market growth is the increasing number of infants, especially in areas where the birth rate is high. Additionally, developments in formula production technology are vital, as they guarantee that probiotics will remain viable and effective throughout their shelf life. Market demand is further stimulated by healthcare recommendations that support probiotic formulas for infants with specific needs, such as those who were born by cesarean section or who have taken antibiotics, which is growing the demand for the probiotic infant formula market.

Challenges:
The high expense of creating and producing probiotic infant formulae hinders market growth. The stringent regulatory climate can impede new entrants' ability to enter the market and generally dampen innovation and competition. Consumers' doubts about the safety and effectiveness of probiotics in infant food also slow the market.

Furthermore, a lack of knowledge can constrain demand. In addition, the severe regulations around infant food can hinder the marketing of probiotic infant formulas as a product that improves health, further slowing down market growth.

Regional Trends:
The North American probiotic infant formula market is anticipated to register a major market share in terms of revenue. It is projected to grow at a high CAGR in the near future due to the growing population, increased birth rates, and consumers' rising interest in infants' health and wellness. Besides, Europe had a substantial share in the market due to a shift towards organic and natural infant products, the rising purchasing power of individuals in the area, and more money spent by new moms on healthy infant food, which is growing the demand for probiotic infant formulas in this region .

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Recent Developments:

• In January 2024, Nestlé Health Science is pleased to announce that the Gerald J. and Dorothy R. Friedman School of Nutrition Science and Policy at Tufts University was the winner of the Nestlé Health Science Innovate competition. Nestlé Health Science offers the best nutritious health and wellness products on the market.

• In February 2024, Nutricia, a division of Danone, a world-renowned food and beverage conglomerate, introduced its first medical nutrition drink. This drink is designed to help manage disease-related malnutrition and stunted growth in children by utilizing a balanced blend of real fruit and vegetable ingredients. It has all the nutrients you need in a convenient drink form, and its all-natural components fruits and vegetables.
Segmentation of Probiotic Infant Formula Market-

Probiotic Infant Formula Market- By Age
• Premature
• Infant
• Toddler

Probiotic Infant Formula Market- By Ingredient
• Lactobacilli
• Bifidobacteria
• Others

Probiotic Infant Formula Market- By Sales Channel
• Online
o Company Website
o E-commerce Websites
• Offline
o Hypermarkets/Supermarkets
o Convenience Stores
o Specialty Stores
o Departmental Stores
o Drugstores

Probiotic Infant Formula Market- By Region

North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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