Coherent Market Insights published a business research report on Infant Nutrition Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023–2030. Infant Nutrition Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
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Human body get the vital nutrients necessary for strong functioning of the body from the primary source, food. For proper growth and development, infants need food, which is provided to them from breast milk. The substitute for this breast milk is infant nutrition. As the first six months after birth of an infant are important in terms of growth and development, it is important to ensure optimal nutrition throughout this period. When producing breast milk is challenging for a mother, infant nutrition products are used as substitute. Infant nutrition can be divided into infant formula and baby food. Baby food can consist dried food, prepared food and others, while the infant formula can consist specialty baby milk, growing milk, and infant milk.
Growing birth rate around the world is expected to propel growth of the global infant nutrition market during the forecast period. For instance, as per the CDC (Center for Disease Control and Prevention), in 2014 there were total 3,988,076 new birth registered in the U.S. The rate of birth in the region was 12.5 per 1000 individual and there was an increase in fertility of 62.9% per 1000 women between 15 and 44 age group.
Rise in shift among consumers towards organic products is expected to boost growth of the global infant nutrition market during the forecast period. High-income economies in regions such as Europe and North America are witnessing demand for organic products due to growing awareness among people regarding safety and health benefits of organic food compared to traditional products.
Moreover, key players in the market are adopting growth strategies for increasing awareness about importance of infant formulas and baby food, which is driving the market growth. For instance, in 2017, Nestlé Indonesia announced Stay Healy program to spread awareness and skills for helping people make good choices about nutrition food throughout the pregnancy and first two year of infant’s life.
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Increasing rate of working women populations is leading to rise in adoption of infant formulas, which is driving the market growth. For instance as per the International Labor Organization data, the share of women in salaried and wage work has increased to 55.3% in 2015 from 26.3% in 1995.
Furthermore, growing economy, increasing consumer base and rise in awareness regarding infant nutrition in emerging countries is also projected to fuel growth of the global infant nutrition market over the forecast period.
Increasing innovation of products with technological advancements is expected to create growth opportunities for market players in the global infant nutrition market over the forecast period. For instance, for obtaining high quality product and for reducing power consumption, market players are adopting advanced spray drying method in manufacturing of infant milk formula.
Growing adoption of probiotics is also anticipated to offer several growth opportunities in the global infant nutrition market over the forecast period. Probiotics are essential part of infant formula product. These organisms enhance the beneficial microbes in human body in order for it to function properly. Thus, probiotics are important ingredient in infant formula, and its adoption is creating growth opportunities in the market.
Factors such as stringent regulations are likely to hamper growth of the global infant nutrition market over the forecast period. Due to scenario of stringent regulations new entrants are facing challenges in the market. For instance, according to CNCA (China Certification and Accreditation Administration), the implementation of quality and safety standards in 2013 resulted in only 94 foreign infant formula product brands out of 800 receiving approval for product sales in China. Moreover, only two-thirds of domestic brands in China were granted permit for production renewals for infant formula products.
Among regions, Asia Pacific is anticipated to witness significant growth in the global infant nutrition market over the forecast period. This can be attributed to high birth rate, sale of premium products in countries such as China, growth of economy along with income of middle class population, and growing number of births in the region. For instance, as per the worldstat.org data, the rate of birth was 17.56% in Asia in 2011, and the population of the region increased to 4.43 billion in 2016 from 4.16 billion in 2010.
Beingmate Baby & Child Food Co. Ltd., Nestle, FrieslandCampina, Mead Johnson Nutrition, The Kraft Heinz Company, Bledina, Abbott Nutrition, DANONE, and Meiji Holdings Co. Ltd. are some of the major players in the global infant nutrition market.
In 2013, Nestle acquired baby food division of Pfizer for US$ 11.9 billion. With this acquisition, Nestle expanded its reach in developing market in countries such as China and India.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Infant Nutrition Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Infant Nutrition Industry Impact
Chapter 2 Global Infant Nutrition Competition by Types, Applications, and Top Regions and Countries
2.1 Global Infant Nutrition (Volume and Value) by Type
2.3 Global Infant Nutrition (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Infant Nutrition Sales, Consumption, Export, Import by Regions (2018-2023)
Chapter 5 North America Infant Nutrition Market Analysis
Chapter 6 East Asia Infant Nutrition Market Analysis
Chapter 7 Europe Infant Nutrition Market Analysis
Chapter 8 South Asia Infant Nutrition Market Analysis
Chapter 9 Southeast Asia Infant Nutrition Market Analysis
Chapter 10 Middle East Infant Nutrition Market Analysis
Chapter 11 Africa Infant Nutrition Market Analysis
Chapter 12 Oceania Infant Nutrition Market Analysis
Chapter 13 South America Infant Nutrition Market Analysis
Chapter 14 Company Profiles and Key Figures in Infant Nutrition Business
Chapter 15 Global Infant Nutrition Market Forecast (2023-2030)
Chapter 16 Conclusions
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