Infant Formula Market - Rapidly Increasing Birth Rate in Developing Countries is a Key Factor Driving Revenue Growth
Infant formula is a food product designed to cater to nutritional needs of infants aged 0–12 month and is used as an alternative to breast milk, containing essential ingredients present in breast milk. Infant formula is available in liquids, powders and ready-to-use forms. Various types of infant formula such as organic infant formula, prebiotic infant formula and non-genetically modified organisms’ infant formula, soy-based formula and lactose-free formula are available in the market for infants under one years of age. These products vary in taste, nutrients, quality, price and ability to digest according to region. Surge in number of working mothers, rise in birth rate and various technological innovations in packaging of infant formula products are vital factors driving expansion of infant formula market.
Browse Market Research Report @ http://www.futuremarketinsights.com/reports/infant-formula-market
Market Value Forecast
The global infant formula market revenue is anticipated to increase at a CAGR of over 10.1% during the forecast period. Increasing consumer health awareness, rising disposable income coupled with increasing usage of organic infant formula and prebiotic infant formula are factors fuelling market growth across the globe. Increasing consumer inclination towards purchasing infant formula products through e-retail channels is a major trend witnessed in the global infant formula market.
Segmentation, by Product Type
On the basis of product type, the global infant formula market is segmented into starting milk formula, follow-on milk formula, toddler’s milk formula and special milk formula; among these starting milk formula segment dominated the market in terms of value in 2015 and is expected to retain its dominance over the forecast period. The follow-on milk formula segment is expected to expand at the highest CAGR in terms of value during the forecast period.
For more information on this report, fill the form @ http://www.futuremarketinsights.com/reports/sample/rep-gb-838
Segmentation, by Distribution Channel
On the basis of distribution channel, the global infant formula market is segmented into specialty outlets, supermarkets, online stores, chemist/pharmacist/drugstore and others. Pharmacy stores segment was the largest segment in the market in terms of value and is projected to retain its dominance over the forecast period. The supermarket segment is anticipated to expand at the highest CAGR in terms of value over the forecast period.
On the basis of geography, the global infant formula market is segmented into seven major regions namely North America, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa (MEA); among these, APEJ market is expected to witness favourable growth in terms of CAGR over the forecast period. In terms of value, the Western Europe market is expected to account for a major share of the market by 2026.
Some of the key players identified in the global infant formula market are Nestlé S.A., Groupe Danone, Abbott Nutrition, Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd, Beingmate Baby & Child Food Co. Ltd., Synutra International, Inc., Pfizer Inc. and FrieslandCampina.
About Future Market Insights
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Infant Formula Market - Rapidly Increasing Birth Rate in Developing Countries is a Key Factor Driving Revenue Growth here
News-ID: 699650 • Views: 281
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Infant
Global Infant Ventilators Market Shares Report 2018
This report studies the global market size of Infant Ventilators in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Infant Ventilators in these regions. This research report categorizes the global Infant Ventilators market by top players/brands, region, type and end user. This report also studies the global Infant Ventilators market status, competition landscape, market share, growth rate,
Infant Positioning Aids Market Forecast (2017 – 2027)
Infant Positioning Aids systems are intended to keep infants intact by using external support in order optimize biomechanical alignment, to enhance sensorimotor experiences, skeletal development and support medical conditions. They are aimed to maintain and improve the autonomic and physiological status of the infants. Infant positioning aids facilitate flexion in trunk and limbs appropriately for gestational maturation. They facilitate mobility, support self-regulatory behaviors and prevent delays in development. The goal
Infant Nutrition Market Demand and Forecast 2025
Food is the primary source providing the human body with vital nutrients required for healthy functioning. Similarly, infants require food for their healthy growth and development, which is mostly obtained from breast milk. Infant nutrition is a substitute food for breast milk. The initial 6 months after birth plays a very crucial role in development of a child, wherein ensuring optimal nutrition during this period is of paramount importance. Breast
Infant Formula Sales Global Report Research 2017
"Global Infant Formula Sales Market Report 2017" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. . . Description- '
Infant Formula Market Lucrative in Various Regions
Demand for infant formula is expected to reach US$ 24.5 billion in 2016, a growth of 9.3% from 2015. While the market in North America and Western Europe will grow at 5.9% and 7.1% respectively, growth will be strong in developing regions, with APEJ and MEA growing at 11.8% and 10.1% in 2016. Increasing participation of women in the workforce will continue to positively influence the market. Availability of baby formula
Infant Incubator Market 2017 Professional Survey
This report studies Infant Incubator in Global market, especially in North America, China, Europe, and Japan with production, revenue, consumption, import and export in these regions, from 2017 to forecast 2022. Description The report provides a comprehensive analysis of the Infant Incubator industry market by types, applications, players and regions. This report also displays the production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the