Global Toddler Formulas Market Overview:
Toddler 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). It has high growth prospects due to demand from working women and changing lifestyles and benefit towards health consciousness products. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for personal care products and baby care products.
- Increasing Baby-Infants Food Products
- Rising Number of Various Type and Flavour Based Food Products
- Adverse Impact Due to Government Strict Guidlelines
- Side Effect Associated Toddler Formula Products
- Availability of Food Products at Supermarkets and Hypermarkets and others
- Technological advancements and research & Development activities lead to boost the market growth
- Lack of Awareness among Customers
- Product Recall Leads to Hamper the Market Growth
Some of the key players profiled in the report are Danone (France), Abbott (United States), Nestle (Switzerland), Mead Johnson Nutrition (United States), FrieslandCampina (The Netherlands), Heinz (United States), Yili (China), Biostime (Hong Kong), Hipp Holding AG (Switzerland), Perrigo (United States), Beingmate (China), Synutra (United States), Fonterra (New Zealand), Meiji (Japan), Bellamy (Australia), Feihe (China), Yashili (China), Brightdairy (China) and Arla (Denmark). Considering Market by Form, the sub-segment i.e. Cow based Milk will boost the Toddler Formulas market. Considering Market by Age Group, the sub-segment i.e. 6-9 Months will boost the Toddler Formulas market.
In September 2018, Lactalis acquired Aspenís infant formula business for 740m euros, which is beneficial in providing powder baby milk powder at different production sites such as South Africa, New Zealand, and Mexico.
In February 2020, Else Nutrition launched a plant-based toddler formula that is beneficial in providing clean ingredients with 100 percent organic based formulations of almonds, buckwheat, and tapioca at United States regions.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Toddler Formulas market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Toddler Formulas market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Toddler Formulas Manufacturers, End-Use Market Participants of Different Segments of Toddler Formulas, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.