Infant Formula Foods Market Scope
Infant formula is a special dietary food used to feed infants under 12 months of age. The ingredients used in the baby food and infant formula are free from chemicals as its composition is designed on the basis of the human mother's milk. The infant formula market has high growth prospects owing to increasing awareness about baby nutrition. Further, growing research and development for developing infant formula with high nutritional content and rising demand from the developing economies expected to drive the demand for infant formula over the forecasted period.
The market study is being classified by Type (Infant Formula Powder and Infant Complementary Foods) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Infant Formula Foods market throughout the predicted period.
Abbott Nutrition (United States), Arla Foods (Denmark), Campbell Soup Company (United States), Dana Dairy Group Ltd (France), Danone (France), HiPP (Germany), Nestle (Switzerland), Mead Johnson Nutrition (United States), Meiji Holdings Co. Ltd (Japan) and The Kraft Heinz Company (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are FrieslandCampina (Netherland), Beingmate Baby & Child Food Co. Ltd. (China) and Hain Celestial Group (United States).
AdvanceMarketAnalytics has segmented the market of Global Infant Formula Foods market by Type, Application and Region.
On the basis of geography, the market of Infant Formula Foods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Hypermarkets will boost the Infant Formula Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Carbohydrate will boost the Infant Formula Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
21st January 2019, Nestle opens a new research and development (R&D) center in Ireland with an aim to focus on developing novel infant nutrition and milk-based maternal products.
“According to the Food and Drug Administration (FDA), persons responsible for the manufacture or distribution of infant formula that will be introduced into interstate commerce in the United States must comply with the requirements of the Federal Food, Drug, and Cosmetic Act ( the act), 21 USC 321 et seq., and FDA's regulations implementing the act. All of the FDA's regulations are published in Title 21 of the Code of Federal Regulations (CFR).”
- Increasing Adoption of Hypoallergenic Baby Formulas
- Emergence of Flavored Infant Formulas
- Growing Awareness about High Nutritional Content in the Infant Formula
- Increasing Demand for Organic Baby Food & Drinks
- Growing R&D to Meet Higher Nutritional Standards of Infant Formula
- Increasing Demand from the Developing Economies
- Stringent Government Regulations Regarding Infant Formulas
- Low Adoption Rate in Under Developing Countries
- Issues Related to the Counterfeit Products
Key Target Audience
Infant Formula Foods Manufacturers, Infant Formula Foods Distributors, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
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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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