Global Infant Formula Milk Powder Market- New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
City of Industry, CA -- (SBWIRE) -- 06/28/2018 -- This report studies the global Infant Formula Milk Powder market status and forecast, categorizes the global Infant Formula Milk Powder market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Infant formula milk powder, also called infant formula milk powder, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with 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".
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Milk Powder Formulated are also for adults or higher age group. This report covers formula milk powder.
In global market, the consumption of formula milk powder increases from 2233 K MT in 2012 to 2656 K MT in 2016, at a CAGR of more than 4.43%. In 2016, the global formula milk powder market is led by Asia-Pacific, capturing about 56.26% of global formula milk powder consumption. Europe is the second-largest region-wise market with 21.46% global consumption share.
Formula milk powder downstream is suit for 1-3 year old infants and adult (student, pregnant women, the elderly, etc.). National policy and media exposure may limit some brand development. Once a certain brand of milk powder has been exposed quality issues, it will receive a deadly sales impact. Therefore, it seems that formula milk powder market is always changing.
The global Infant Formula Milk Powder market is valued at 27700 million US$ in 2017 and will reach 35000 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.
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The major players covered in this report
Mead Johnson
Nestle
Danone
Abbott
FrieslandCampina
Heinz
Bellamy
Topfer
HiPP
Perrigo
Arla
Holle
Fonterra
Westland Dairy
Pinnacle
Meiji
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun