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Protein Ingredients In Infant Nutrition Market: Uncover Market Dynamics, Growth Drivers, And Future Trends For Informed Business Decisions
"The new report published by The Business Research Company, titled "Protein Ingredients In Infant Nutrition 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 protein ingredients in infant nutrition market size has grown strongly in recent years. It will grow from $8.03 billion in 2023 to $8.69 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The protein ingredients in infant nutrition market size is expected to see strong growth in the next few years. It will grow to $12.3 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
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Global Population Surge Fuels Demand For Protein Ingredients In Infant Nutrition
The rising population growth rate around the world is expected to drive the protein ingredients in the infant nutrition market going forward. The world population is growing mainly due to reduction in poverty and advancements in modern medicines. With the rise in growth of population, there is an increase in the requirement for growth and development in the newborn that comes from protein ingredients. For instance, in July 2022 as per the report by the United Nations, a US-based intergovernmental organization, the world's population could grow to around 8.5 billion in 2030 and 9.7 billion in 2050, before reaching a peak of around 10.4 billion people during the 2080s. The population is expected to remain at that level until 2100. Therefore, the rising population growth rate around the world is driving the growth of protein ingredients in the infant nutrition market.
Else Nutrition Pioneers Plant-Based Protein Innovation In Infant Nutrition Market With Dairy-Free Protein Shake For Children
Product innovation is a key trend gaining popularity in the protein ingredients in the infant nutrition market. Major companies in the protein ingredients in the infant nutrition market are focusing product innovations to gain a competitive edge in the market. For instance, in June 2021, Else Nutrition, an Israel-based company specializing in plant-based nutrition for babies, toddlers, and children launched a plant-based innovative protein shake as a cow-milk alternative for children. Children's shakes from Else are made to be a dairy-free substitute for cow milk. Physicians have cleared the whole Else line, which includes protein, healthy fats, and carbohydrates. Additionally, it provides more than 20 essential elements that kids need to continue growing. The new protein formulae for the plant-based shakes are prepared with whole organic almonds, buckwheat, and tapioca, which account for 95% of the product's weight. They come in vanilla or chocolate flavors.
The protein ingredients in infant nutrition market covered in this report is segmented -
1) By Product Type: Animal, Plant
2) By Form: Isolate, Concentrate, Other Forms
3) By Source: Cow Milk, Soy, Protein Hydrolysates, Other Sources
4) Application: Growing-Up Milk, Standard Infant Formula, Follow-On Formula, Specialty
5) By Distribution Channel: Hypermarkets, Supermarkets, Pharmacy or Medical Store, Specialty Stores, Hard Discounter Stores, Other Distribution Channels
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Major companies operating in the protein ingredients in infant nutrition market report are Abbott Laboratories, Archer Daniels Midland Company, Bunge Limited, Cargill Incorporated, Danone SA, DuPont de Nemours Inc., Fonterra Cooperative Group Ltd., Nestle SA, Perrigo Company plc, Reckitt Benckiser India Ltd., The Kraft Heinz Company, Inner Mongolia Yili Industrial Group Company Limited, Royal Friesland Campina NV, Kerry Group plc, Omega Protein Corporation, FrieslandCampina NV, Mead Johnson Nutrition Company, Kewpie Corporation, Solae LLC, Axiom Food Inc., Davisco Foods International Inc., ZuChem Inc., Beingmate Baby & Child Food Co. Ltd., Meiji Holdings Co. Ltd., Synutra International Inc., Ausnutria Dairy Corporation Ltd., China Feihe Limited, Arla Foods Ingredients Group P/S, Erie Foods International Inc., Grande Custom Ingredients Group, Idaho Milk Products Inc., .
Contents of the report:
1. Executive Summary
2. Protein Ingredients In Infant Nutrition Market Report Structure
3. Protein Ingredients In Infant Nutrition Market Trends And Strategies
4. Protein Ingredients In Infant Nutrition Market - Macro Economic Scenario
5. Protein Ingredients In Infant Nutrition Market Size And Growth
…..
27. Protein Ingredients In Infant Nutrition 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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