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Pediatric Nutrition Market Size, Trends and Forecast to 2033

07-17-2024 06:13 AM CET | Food & Beverage

Press release from: The Business research company

Pediatric Nutrition Market Size

Pediatric Nutrition Market Size

The new report published by The Business Research Company, titled ""Pediatric Supplements Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the pediatric supplements market size has grown strongly in recent years. It will grow from $3.65 billion in 2023 to $3.92 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The pediatric supplements market size is expected to see strong growth in the next few years. It will grow to $5.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.

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Rising Nutritional Deficiencies On The Pediatric Supplements
The growing prevalence of nutritional deficiencies is expected to propel the growth of the pediatric supplement market going forward. Nutritional deficiencies refer to a lack of essential nutrients required for growth, development, and overall health. The increasing consumption of highly processed foods, which are often low in vital nutrients and high in empty calories, sugars, and unhealthy fats, contributes significantly to nutritional deficiencies. Pediatric supplements help to prevent nutritional deficiencies in newborns and children by providing essential nutrients from their diets. For instance, in June 2023, according to the United Nations International Children's Emergency Fund (UNICEF), a US-based intergovernmental organization of United Nations agencies, malnutrition prevention programs reached 356.3 million children under 5 and mothers in 2022, up from 336.4 million in 2021. Therefore, the growing prevalence of nutritional deficiencies is driving the growth of the pediatric supplement market.

Innovative Natural And Organic Ingredients In Pediatric Supplements
Major pediatric supplement companies are focusing on developing natural and organic ingredients for children, such as vitamin D and probiotic drops, to cater to the increasing demand for healthier options. Vitamin D and probiotic drops are dietary supplements designed to provide infants and young children with essential nutrients for their growth and development. For instance, in February 2024, Bobbie, a US-based pediatric nutrition company, launched its first non-formula products, organic vitamin D and probiotic drops. Bobbie Organic Vitamin D Drops provide 100% of the daily recommendation for vitamin D (400 IU) for infants 0-12 months in a 3-drop dose. They are made with certified organic, non-GMO ingredients and are suitable for breastfed and combo-fed infants to support strong bones, teeth development, immune health, and calcium absorption. The new supplements are designed to address common pediatric deficiencies and support the unique needs of infants and toddlers. Organic probiotic drops feature a blend of probiotic strains clinically proven to help reduce colic in infants.

The pediatric supplements market covered in this report is segmented -

1) By Product Type: Vitamins, Minerals, Probiotics, Omega-3 Fatty Acids, Amino Acids, Other Product Types
2) By Form: Chewable, Liquids, Powders, Tablets, Other Forms
3) By Distribution Channel: Pharmacies, Supermarkets Or Hypermarkets, Online Retailers, Specialty Stores, Other Distribution Channels
4) By Age Group: Infants, Toddlers, Middle Childhood, Adolescents
5) By Application: Immunity Enhancement, Brain And Cognitive Support, Bone And Teeth Support, Gastrointestinal Support, General Well-being, Other Applications

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Major companies operating in the pediatric supplements market are Nestlé S.A., Archer Daniels Midland Company, Pfizer Inc., BASF SE, Johnson & Johnson (JNJ), The Procter & Gamble Company, Bayer AG, Sanofi S.A., Abbott, Beximco Pharmaceuticals Limited, Danone S.A., Reckitt Benckiser Group plc, Otsuka Pharmaceutical Co. Ltd., DuPont de Nemours Inc., Koninklijke DSM N.V., Alexion Pharmaceuticals Inc. Perrigo Company, Glenmark Pharmaceuticals Ltd., Himalaya Wellness Company, Hero Nutritionals Inc., Bioglan Pty Ltd

Contents of the report:
1. Executive Summary
2. Pediatric Supplements Market Report Structure
3. Pediatric Supplements Market Trends And Strategies
4. Pediatric Supplements Market - Macro Economic Scenario
5. Pediatric Supplements Market Size And Growth
…..
27. Pediatric Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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