This market research report covers the global and regional market with an in-depth analysis. Furthermore, it sheds light on the comprehensive competitive situation of the global and regional markets.
— The infant formulas are comprised of purified cow's milk as a protein source, a blend of vegetable oils as a fat source, lactose as a carbohydrate source, a vitamin-mineral mix, and other ingredients based on the manufacturing processes.
This report also covers the recent COVID-19 and its impact on Infant Formula Ingredients Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Rise in the number of women joining workforce post giving birth, the inability of mothers to lactate, and parents seeking additional sources of nutrition for their babies are some of the key factors expected to boost sales of infant formula ingredients market in the coming years. Apart from this, rapid urbanization, an increase in per capita income, a growing middle-class population in the Asia Pacific, and increasing demand for convenience food are factors that further expected to drive the growth of the infant formula ingredients industry. However, infant formulas provide more casein protein compare with breast milk, are sometimes difficult to digest, and cause certain intestinal problems which is the major restraint factor of market growth.
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The Major Players Profiled in This Report Include:
Fonterra Co-Operative Group
Erie Foods International
In 2019, Nestlé (Switzerland), opened a new R&D center in Ireland. The company made an investment of USD 30.0 million for the same. The center will focus on developing products for infant nutrition.
Arla Foods amba (Denmark), made an investment of USD 0.66 million for a project focusing on infant formula. The project investigated whether a diet with bioactive milk ingredients protects against gut inflammation which is of enormous relevance to improve infant formula.
BASF (Germany) and GlycoSyn (US) formed a partnership with a focus on the area of infant nutrition. It involved the development and commercialization of human milk oligosaccharides (HMOs). In 2019, BASF launched its first HMO, PREBILAC 2’-FL for the infant nutrition market.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share, and growth rate of each type, primarily split into:
Oils & fats
Vitamins & minerals
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share, and growth rate of each application/end users, primarily divided into:
Growing-up Milk (Infants over 12 months)
Standard Infant Formula (0–6-month-old infants)
Follow-on Formula (6–12-month-old infants)
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The prebiotics segment is anticipated to witness substantial demand on account of the various perceived health benefits. Supporting increased mineral absorption, building immunity, lowering the tendency to become obese, and resisting gastrointestinal problems are some of the health benefits associated with these ingredients.
Asia-Pacific region is expected to grow significantly during the forecast period. China, Vietnam, and Indonesia are the main markets for infant formula in the Asia-Pacific region because they have been key revenue streams over the past few years. Rapid urbanization is the crucial driver for market growth, which helps women join the workforce after childbirth and makes infant formula the closest substitute for breast milk for babies.
Infant Formula Ingredients Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Infant Formula Ingredients Market by Types
Chapter 4 Segmentation of Infant Formula Ingredients Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Infant Formula Ingredients Market in Major Countries
Chapter 7 North America Infant Formula Ingredients Landscape Analysis
Chapter 8 Europe Infant Formula Ingredients Landscape Analysis
Chapter 9 Asia Pacific Infant Formula Ingredients Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Infant Formula Ingredients Landscape Analysis
Chapter 11 Major Players Profile
11.1 Arla Foods
11.1.1 Arla Foods Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Nestlé Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 Glanbia Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures (Totals 94 Figures and 164 Tables)
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Infant Formula Ingredients Report Provide:
Potential opportunities and challenges analysis in the Infant Formula Ingredients market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Infant Formula Ingredients market and related industry.
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