MarketResearchNest.com adds “Global Baby Infant Formula Market Research Report 2019” new report to its research database. The report spread across 95 pages with multiple tables and figures in it.
Infant formula, or baby formula, is a manufactured food designed and marketed for feeding to babies and infants under 12 months of age, usually prepared for bottle-feeding or cup-feeding from powder (mixed with water) or liquid (with or without additional water). The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) defines infant formula as “a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk”.
Infant formula consists of various nutrients, such as carbohydrates, fats, proteins, vitamins, minerals, and others (linoleic acid, prebiotic, and others), that are fed to babies for their overall development. Although physicians recommend exclusive breastfeeding for under six months babies, infant formula can be used as an alternative, as it consists of similar nutrient contents. Increase in women working population outside home is the key factor that drives the market. Moreover, change in lifestyle, rise in middle class population, growth in disposable income in emerging economies such as India, China, Indonesia, and increase in awareness about high nutritional content in the infant formula propels the market growth. However, concerns related to food safety and decline in global birth rate may hamper this growth.
The global Baby Infant Formula market is valued at 21400 million US$ in 2018 is expected to reach 47400 million US$ by the end of 2025, growing at a CAGR of 10.5% during 2019-2025.
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The following manufacturers are covered:
- Abbott Laboratories
- Arla Foods
- Beingmate Group Co. Ltd.
- Campbell Soup Company
- Heinz and Hain Celestial Group
- HiPP GmbH and Co.
- Mead Johnson Nutrition Company, LLC
- Nestle S.A
Segment by Regions
- North America
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Segment by Type
- Infant Milk
- Specialty Baby Milk
- Growing-up Milk
Segment by Application
- Pharmacy/Medical Stores
- Specialty Stores
- Hard Discounter Stores
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Mr. Jeet Jain