Expected Expansion of Infant Formula Market:
The infant formula market was estimated to be worth US$ 134.94 billion in 2022, and between 2023 and 2029, total infant formula revenue is predicted to increase at a rate of 10.5%, or close to US$ 271.45 billion.
Infant Formula Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Infant Formula Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of theInfant Formula market, with forecasts outspreading to the year 2030.
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Infant Formula Market Scope :
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Infant Formula market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Infant Formula market are examined in the report.
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Infant Formula Market Segmentation:
by Type
Infant Milk
Follow-on-Milk
Specialty Baby Milk
Growing-up Milk
In terms of revenue share, infant milk formula held the highest share of % in 2022 and is expected to maintain its dominant position during the projected period. One of the significant market areas that is continually growing is the demand for infant formula because there are no generally accepted substitutes available.
by Ingredients
Carbohydrate
Fat
Protein
Minerals
Vitamins
Others
By ingredient, the infant formula market is anticipated to be dominated by carbohydrates by the end of the forecast period. Lactose, which is sourced as a pure product and can also be found in other components like demineralized whey powder and skim milk powder, is the primary source of carbohydrates in infant formula.
by Distribution Channel
Hypermarkets
Supermarkets
Pharmacy/Medical Stores
Specialty Stores
Hard Discounter Stores
Others
According to Distribution Channel, the supermarket segment is anticipated to lead the market at the conclusion of the forecast period in 2022, accounting for around half of total sales. Through the channels of supermarkets and hypermarkets, the industry has experienced significant expansion. Baby zones that are separate
Infant Formula Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of MEA)
South America (Brazil, Argentina Rest of South America)
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Infant Formula Market Major Players
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
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Key questions answered in the Infant Formula Market are:
- What is Infant Formula ?
- What is the growth rate of the Infant Formula Market?
- What are the upcoming opportunities and trends for the Infant Formula Market?
- What are the different segments of the Infant Formula Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Infant Formula Market?
Key Offerings:
- Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape Profiles of selected key players by region from a strategic perspective
- Competitive landscape Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTERs analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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