Infant Nutrition Market Update: Exceeding Expectations of Key Players That Shows Promising Future

Seattle, WA -- (SBWire) -- 11/29/2019 --Infant nutrition is a substitute food for breast milk. The initial six months after birth plays a very crucial role in the development of a child, wherein ensuring optimal nutrition during this period is of paramount importance. Breast milk is highly nutritious and contains carbohydrates, proteins, fats, minerals, and vitamins imperative for the development of the child. However, in certain cases, the mother may not be able to produce breast milk or may not be able to breastfeed the baby due to other reasons. In such cases, infant nutrition products act as a suitable substitute.

The increasing malnutrition among babies across the world is a major driver of growth for global infant nutrition market. Organic baby foods segment is witnessing significant growth in the global infant nutrition market, due to awareness about the benefit of organic products. Organic infant nutrition products such as organic cow milk powder and soya milk based products are expected to get more demand during the forecast period.

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Growing consumer base and economy of emerging countries would play a major role in the growth of infant nutrition market in the near future:

In the next few years, it is expected that the global infant nutrition market will show healthy growth. In the last few years the sale of infant nutrition products in developed countries has shown single digit growth rate. As the slowly increasing population, low birth rate and due to market saturation. In case of emerging countries, the market has grown by double digit rate due to increasing population and economy of the countries at high rates and increasing awareness about infant nutrition.

Market Segmentation:

Global Market by Product Type:
- Baby Food
- Infant Formula

Global Market by Formulation:
- Powder
- Liquid
- Ready-to-eat

Global Market by Distribution Channel:
- Retail Pharmacies
- Super Markets & General Stores
- E-commerce

Regional Analysis:

A recent trend observed in the global infant nutrition market is that of increasing consumer inclination towards organic products. Consumers, especially in developed countries in North America and Europe are willing to pay premium amounts for such products, owing to the general perception of these being more healthy and safe as compared to conventional products.

China holds the largest market share in APAC region as it has the highest birthrate and the companies are focusing on the sale of premium products in China, considering its growing economy and growing income of the middle class population.

Key Players:

Nestle, Mead Johnson Nutrition, Bledina, DANONE, Meiji Holdings Co. Ltd, Abbott Nutrition, The Kraft Heinz Company, FrieslandCampina, and Beingmate Baby & Child Food Co. Ltd.

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