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Prominent Supplements And Infant Milk Formula For Travel Retail Market Trend for 2025: Innovation Of Product Development In Supplements And Infant Milk Formula For Travel Retail Market
Supplements And Infant Milk Formula For Travel Retail
The increasing infant population is expected to propel the growth of the supplements and infant milk formula market in travel retail. Rising birth rates and improved healthcare have led to higher survival rates for infants, driving demand for infant nutrition products such as milk formulas and supplements. For example, the Office for Health Improvement & Disparities in November 2024 reported that 83% of infants in the UK received their first birth visit within 14 days, reflecting improved infant care. This growing infant population is contributing to the growth of the supplements and infant milk formula market in travel retail.
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What is the projected compound annual growth rate (CAGR) of the supplements and infant milk formula for travel retail market from 2025 to 2034, and what factors influence it?
The supplements and infant milk formula for travel retail market has seen significant growth and will increase from $2.77 billion in 2024 to $3.13 billion in 2025, at a CAGR of 12.7%. Growth is driven by more families traveling with infants, an aging population, rising demand for specialized supplements, and greater consumer awareness.
The supplements and infant milk formula for travel retail market is expected to grow to $5.01 billion by 2029, at a CAGR of 12.5%. This growth is driven by health and nutrition education programs, more working mothers, and rising demand for health and wellness products. Key trends include eco-friendly formulas, convenient packaging, collaborations, and digital integration.
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How are the latest trends influencing the growth of the supplements and infant milk formula for travel retail market?
Companies in the supplements and infant milk formula for travel retail market are focusing on baby formulas with dairy and plant blends to cater to evolving consumer preferences. For example, in July 2022, Danone launched a dairy and plant blend infant formula that combines non-GMO soy protein with dairy protein, offering complete nutrition and a plant-based alternative. The formula has a 30% lower carbon footprint and comes in fully recyclable packaging.
What are the major segments of the supplements and infant milk formula for travel retail market and their role in driving growth?
The supplements and infant milk formula for travel retail market covered in this report is segmented -
1) By Type: Supplements, Adult, Infant Milk Formula
2) By Product Form: Powder, Liquid, Ready-To-Feed
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Pharmacies Or Drugstore, Online Retail, Other Distribution Channel
Subsegments:
1) By Supplements: Vitamins And Minerals, Herbal Supplements, Protein & Amino Acids, Probiotics
2) By Adult: General Adult Nutrition, Senior Nutrition, Sports Nutrition
3) By Infant Milk Formula: Standard Infant Formula, Follow-On Formula, Growing-Up Milk, Specialty Infant Formula
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Which regions are key players in the growth of the supplements and infant milk formula for travel retail market?
Europe was the largest region in the supplements and infant milk formula for travel retail market in 2024. The regions covered in the supplements and infant milk formula for travel retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the supplements and infant milk formula for travel retail market?
Major companies operating in the supplements and infant milk formula for travel retail market are Nestlé S.A., Pfizer Inc., Bayer AG, Abbott Laboratories, Danone S.A., Reckitt Benckiser Group plc, Amway Corporation, Glanbia plc, Herbalife Nutrition Ltd., Nature's Bounty Co., GNC Holdings Inc., Blackmores Limited, Swisse Wellness Group Pty Ltd, Vitabiotics Ltd., Hero Nutritionals LLC, Weider Global Nutrition, Elevit, Similac, Nutricia, Pediasure
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What Is Covered In The Supplements And Infant Milk Formula For Travel Retail Global Market Report?
•Market Size Forecast: Examine the supplements and infant milk formula for travel retail market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the supplements and infant milk formula for travel retail market for a structured understanding.
•Key Players Overview: Analyze major players in the supplements and infant milk formula for travel retail market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the supplements and infant milk formula for travel retail market.
•Segment Contributions: Evaluate how different segments drive overall growth in the supplements and infant milk formula for travel retail market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the supplements and infant milk formula for travel retail market.
•Industry Challenges: Identify potential risks and obstacles affecting the supplements and infant milk formula for travel retail market.
•Competitive Landscape: Review strategic developments in the supplements and infant milk formula for travel retail market, including expansions, agreements, and new product launches.
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