Global Infant Formula Market report from Global Insight Services is the single authoritative source of intelligence on Infant Formula Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Infant 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).
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Key Trends
There are several key trends in infant formula technology.
One is the development of more sophisticated formulas that are designed to more closely mimic breast milk. This includes the use of more natural ingredients and the addition of important nutrients that are found in breast milk but not always in formula.
Another trend is the development of formulas that are specifically designed for babies with special needs, such as those with allergies or digestive issues.
Key Drivers
The key drivers of the Infant Formula market are population growth, urbanization, and the rise in disposable incomes. Population growth and urbanization are resulting in a higher number of working mothers, who are increasingly relying on infant formula to feed their babies. The rise in disposable incomes is enabling families to spend more on higher-quality infant formula products.
Market Segments
By Product
- Standard
- Follow-on
- Toddler
- Specialty
By Distribution Channel
- Hypermarket
- Supermarket
- Convenience Stores
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Key Players
- Abbott
- Nestle S.A.
- Danone SA
- Arla Foods amba
- Yili Group
- The Kraft Heinz Company
- Bellamy’s Organic
- Perrigo Company plc
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