Press release
Infant Formula Market 2024-2030: Comprehensive Growth Analysis and Forecast Trends
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ :The Infants Formula Market is experiencing significant growth, primarily driven by an increasing global birth rate and rising awareness among parents regarding infant nutrition. With a growing preference for premium and organic formulas, parents are becoming more discerning about the nutritional content of the products they choose for their children. The demand for specialized formulas, including those tailored for infants with specific dietary needs, is also on the rise. Additionally, the expansion of distribution channels, including online platforms, has made it easier for parents to access a wider variety of infant formulas. As a result, the market is poised for continued growth, reflecting the heightened focus on health and nutrition for infants.
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The size of the infant formula market was estimated at USD 149.10 billion in 2023, and it is anticipated that total infant formula revenue will increase by 10.5% between 2024 and 2030, to reach over USD 299.94 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/124801/
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Infant Milk
Follow-on-Milk
Specialty Baby Milk
Growing-up Milk
Infant milk formula had the largest revenue share in 2023 and is expected to maintain its dominant position throughout the forecast period. The demand for infant formula is one of the significant market segments that is continuously growing since there are no generally accepted substitutes available. Because there aren't many convenient, nutrient-dense products available, innovative new ones have emerged. the growing success of consumers with regard to their babies in the market's extensive range of baby formula options. However, the follow-on-milk category is expected to have the highest CAGR in the global market for continuing milk production to imitate the nutritional function of breast milk because of its high protein, calcium, and iron content as well as the growing baby formula business.
๐๐ฒ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ
Carbohydrate
Fat
Protein
Minerals
Vitamins
Others
By the end of the forecast period, the infant formula market is anticipated to be dominated by carbohydrates. The primary source of carbohydrates in infant formula is lactose, which can also be obtained as a pure product and is present in other ingredients such as demineralized whey powder and skim milk powder. Most of the extra lactose goes into Formula 1, which is used for 0-6 months, and some goes into Formula 2, which is used for 6-12 months and where lactose is competed with by maltodextrin and other types of carbohydrates. Maltodextrin is more commonly added to Formula 3, which has been in use for one to three years. Additionally, the lactose in these products is often generated from extra skim milk powder.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Hypermarkets
Supermarkets
Pharmacy/Medical Stores
Specialty Stores
Hard Discounter Stores
Others
At the end of the forecast period, the supermarket segment is anticipated to dominate the market, accounting for approximately half of total sales in 2023. The supermarket and hypermarket channels have contributed to the sector's notable expansion. Baby formula foot traffic has increased due to separate baby sections, product bundles, programs, discounts, offers, and enjoyable shopping experiences for customers all under one roof. This is driving the expansion of the entire market in terms of value sales. However, during the course of the projected period, the specialized shop is expected to grow at the fastest rate.
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Infants Formula Market encompasses a range of products designed to provide essential nutrients for infants, serving as a substitute or supplement to breast milk. This market has witnessed considerable growth due to various factors, including a rising global birth rate, increasing working mothers, and a growing emphasis on infant health and nutrition. The market includes different segments such as standard formula, organic formula, and specialty formula, catering to specific dietary needs like lactose intolerance or allergies. Innovations in formulation, packaging, and distribution-particularly through e-commerce-are also shaping the landscape. As parents become more health-conscious and seek high-quality nutritional options for their infants, the demand for diverse and scientifically formulated infant formulas is expected to continue expanding.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/124801/
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Infant Formula market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Infant Formula are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study's main objective is to provide a comprehensive picture of the Infant Formula market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify Infant Formula market trends, so gathering and processing data is crucial.By carefully examining the situation of buyer-direct, RD initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. Infant Formula Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/124801/
๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Abbott
2. Arla Foods Amba
3. Campbell Soups
4. Dana Dairy Group Ltd.
5. Danone
6. D-Signstore
7. HiPP GmbH & Co.
8. Vertrieb KG
9. YILI.COM INC.
10.Reckitt Benckiser (Mead Johnson & Company LLC)
11.Nestle S.A
12.The Hain Celestial Group
13.Royal AUSNZ
14.FrieslandCampina N.V.
15.Kraft Heinz company
16.Meiji Holdings Co. Ltd.
17.Beingmate Baby & Child Food Co. Ltd.
18.Synutra International Inc.
19.Pfizer Inc.
20.Others
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/infant-formula-market/124801/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐๐ง๐ญ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Infant Formula?
โข What is the growth rate of the Infant Formula?
โข Which are the factors expected to drive the Infant Formula market growth?
โข What are the different segments of the Infant Formula?
โข What growth strategies are the players considering to increase their presence in Infant Formula?
โข What are the upcoming industry applications and trends for the Infant Formula?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Infant Formula?
โข What major challenges could the Infant Formula face in the future?
โข What segments are covered in the Infant Formula?
โข Who are the leading companies and what are their portfolios in Infant Formula?
โข What segments are covered in the Infant Formula?
โข Who are the key players in the Infant Formula market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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