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.
This report focuses on Baby Infant Formula volume and value at global level, regional level and company level. From a global perspective, this report represents overall Baby Infant Formula market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Abbott Laboratories
Arla Foods
Beingmate Group Co. Ltd.
Campbell Soup Company
D. SIGNSTORE
Danone
Heinz and Hain Celestial Group
HiPP GmbH & Co.
Mead Johnson Nutrition Company, LLC
Nestle S.A
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Infant Milk
Follow-on-Milk
Specialty Baby Milk
Growing-up Milk
Segment by Application
Hypermarkets
Supermarkets
Pharmacy/Medical Stores
Specialty Stores
Hard Discounter Stores
Others
Summary:
Get latest Market Research Reports on Baby Infant Formula . Industry analysis & Market Report on Baby Infant Formula is a syndicated market report, published as Global Baby Infant Formula Market Research Report 2019. It is complete Research Study and Industry Analysis of Baby Infant Formula market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.