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Infant Nutrition Market Size Projected To Reach $59.03 Billion By 2034 With A Cagr Of 8.6%
Infant Nutrition
What Is the Projected Growth of the Infant Nutrition Market?
The Infant Nutrition Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Infant Nutrition Market?
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What Are the Different Infant Nutrition Market Segments?
The infant nutrition market covered in this report is segmented -
1) By Type: Infant Milk Formula, Follow-on-Milk, Specialty Baby Milk, Prepared Baby Food, Other Types
2) By Meal: Baby cereals, Baby snacks, Baby drinks, Other baby meals
3) By Distribution Channel: Hyper markets/Super markets, Pharmacy/Medical Stores, Specialty Stores, Other Distribution Channel
Subsegments:
1) By Standard Infant Formula: Standard Infant Formula, Organic Infant Formula, Lactose-Free Infant Formula
2) By Follow-on Milk: Follow-On Formula, Toddler Milk
3) By Specialty Baby Milk: Hypoallergenic Formula, Soy-Based Formula, Amino Acid-Based Formula
4) By Prepared Baby Food: Jarred Baby Food, Pouch Baby Food, Freeze-Dried Baby Food
5) By Other Types: Baby Snacks, Baby Cereals, Nutritional Supplements
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What Are the Primary Drivers Shaping the Infant Nutrition Market?
The anticipated growth of the infant nutrition market is being fueled by a steadily increasing birth rate. This rate measures the yearly ratio of live births to the total population, calculated per 1,000 inhabitants. Advancements in infant care food have been driven by increased household incomes and a higher birth rate, as parents place a premium on their children's health and wellbeing, always opting for superior quality products, which in turn, spurs the growth of the infant nutrition market. For example, the World Population Prospects' 27th edition published by the United Nations, a US-based intergovernmental organization, in July 2022, highlighted a US birth rate of 12.012 births per 1000 people in 2022. Thus, as the birth rate continues to rise, it will significantly contribute to the progress of the infant nutrition market.
Which Companies Are Leading in the Infant Nutrition Market?
Major companies operating in the infant nutrition market include Abbott Laboratories, Bellamy's Australia Limited, Danone SA, Royal FrieslandCampina NV, Reckitt Benckiser Group plc, Nestlé SA, Perrigo Company plc, The Kraft Heinz Company, Dana Dairy Group Ltd., Baby Gourmet Foods Inc., Walmart Inc., Meiji Group, Synutra International Inc., HiPP GmbH & Co. Vertrieb KG, Glanbia plc, Arla Foods, Gujarat Cooperative Milk Marketing Federation Ltd., Sun-Maid Growers of California Inc., Mead Johnson & Company LLC, Beingmate Group, Beech-Nut Nutrition Corporation, Feihe International, Campbell Soup Company, Hain Celestial Group Inc., Amara Organics Foods, Biostime Nutrition, Morinaga Milk Industry, Eurolactis Group, Bubs Australia Limited, The Hain Celestial Group Inc.
What Are the Major Trends Shaping the Infant Nutrition Market?
The trend of product innovation is increasingly becoming crucial in the infant nutrition industry. Major players in the infant nutrition industry are concentrating on product innovation to maintain their market standing. For instance, in July 2022, Danone, a company based in France that specializes in early life nutrition, medical nutrition, and the production of plant-based items, introduced a new Dairy & Plants Adapt baby formula. This move caters to parents' inclination towards predominantly plant-based food products. This is the first mixed infant formula for healthy infants with 60% of the protein sourced from plants. This product, along with 60% plant protein, also combines DHA, a type of omega-3 fatty acid, vegetable oil, and fibers, all derived from plant sources.
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What Are the Top Revenue-Generating Geographies in the Infant Nutrition Market?
North America was the largest region in the infant nutrition market in 2024 and is expected to be the fastest-growing region in the global infant nutrition market during the forecast period. The regions covered in the infant nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Infant Nutrition Market?
2. What is the CAGR expected in the Infant Nutrition Market?
3. What Are the Key Innovations Transforming the Infant Nutrition Industry?
4. Which Region Is Leading the Infant Nutrition Market?
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