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Europe is one of the prominent regions in infant formula market. Europe has presence of several infant formula producing companies and will be growing at 9.0% during the forecast timespan. Nestle, HiPP, DMK GmbH and Danone are some of the major players operational in this regional market. Asia Pacific is one promising region in terms of increasing consumption of infant formula market. The region held 35.6% share by volume in global infant formula market in 2018. Growing infant population in India, Vietnam, Pakistan, Thailand, Indonesia will be accelerating product demand over the forecast timeframe. Additionally, governments of these nations are taking necessary steps to improve their infant mortality rate, for which they run several schemes for baby as well as for the mother. In addition, growing awareness among parents about right selection of food products for their babies has led to intense competition among companies regarding reaching their target consumers efficiently.The Global Infant Formula market will surpass USD 98 billion by 2025; according to a new research report.
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The prime factor driving infant formula market during the forecast timeframe will be rising infant population every year. As per United Nations, world infant population in 2015 was recorded at 673.6 million and shall increase to 733.3 million in 2025. This infant population growth shall have positive impact on infant formula market growth over the next few years. Additionally, growing number of working mothers in general workforce is a prime infant formula business driver since few years and shall fuel infant formula demand in the coming years. In addition, rising middle-class households in economies including Thailand, India, Indonesia, South Korea, Malaysia, etc., have led to socio-economic development and population growth and eventually rise in consumers who are able to buy infant formula for their kids. This, in turn, has fueled product demand over the past few years.
Follow-on segment accounted for the largest share in global infant formula market in 2018. This segment food caters to babies aged 6 to 12 months. This age group requires proteins and other essential elements as present in mother’s milk. This category has highest demand for infant formula because at this stage, breastfeeding is generally stopped, and infants are introduced to other foods.
Supermarkets segment shall be witnessing maximum gains in infant formula market in the coming years. The segment will expand at CAGR of 9.5% over the forecast timeframe. The steadily growing retail industry across the globe, will benefit supermarket formats the most, as they have wide product range and offer products at affordable prices.
The Infant Formula market is highly competitive with companies functional such as Mead Johnson Nutrition (Acquired by Reckitt Benckiser in 2018), Danone, Nestle, Arla Food Ingredients, Hero Group, Abbott and Perrigo Nutritionals. The companies have extensive experience in their respective domain of products and have an integrated supply chain network. Additionally, the large size companies have joint ventures and alliances with medium sized local players to penetrate in local market, so to have a better understanding of parents and their choice of food for their babies.
Infant Formula market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in tons and revenue in USD million from 2014 to 2025, for the following segments:
Infant Formula market by product
• Standard
• Follow-on
• Toddler
• Specialty
Infant Formula market by distribution channels
• Hypermarket
• Supermarket
• Convenience stores
• Online
• Others (exclusive baby products stores, pharmacies, etc.)
The above information is provided on a regional and country basis for the following:
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
o Thailand
o Indonesia
• Latin America
o Brazil
o Mexico
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
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Table Of Content:
Chapter 1. Methodology And Scope
1.1. Methodology
1.2. Market definition
1.3. Market estimation & forecast parameters
1.4. Data sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid
1.4.2.2. Public
Chapter 2. Executive Summary
2.1. Infant Formula industry 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Distribution Channel trends
2.1.4. Regional trends
Chapter 3. Infant Formula Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key raw material manufacturers/suppliers
3.3.4.2. List of key manufacturers/distributors
3.3.4.3. List of key existing/ potential customers
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Raw material analysis
3.4.3. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. China
3.6.3. Europe
3.7. Growth potential analysis
3.8. Regional price trends
3.8.1. Cost structure analysis
3.8.1.1. R&D cost
3.8.1.2. Manufacturing & equipment cost
3.8.1.3. Raw material cost
3.8.1.4. Distribution cost
3.8.1.5. Operating cost
3.8.1.6. Miscellaneous cost
3.8.2. Price by product
3.8.3. Price by distribution channel
3.9. Competitive landscape, 2018
3.9.1. Company market share analysis, 2018
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategic dashboard
3.10. Porter's analysis
3.10.1. Supplier application
3.10.2. Buyer application
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. PESTEL analysis
Chapter 4. Infant Formula Market, By Product
4.1. Infant formula market product insights
4.2. Standard
4.2.1. Global standard infant formula market estimates and forecast, 2014 - 2025
4.2.2. Global standard infant formula market estimates and forecast by region, 2014 - 2025
4.3. Follow-on
4.3.1. Global follow-on infant formula market estimates and forecast, 2014 - 2025
4.3.2. Global follow-on infant formula market estimates and forecast by region, 2014 - 2025
4.4. Toddler
4.4.1. Global toddler infant formula market estimates and forecast, 2014 - 2025
4.4.2. Global toddler infant formula market estimates and forecast by region, 2014 - 2025
4.5. Specialty
4.5.1. Global specialty infant formula market estimates and forecast, 2014 - 2025
4.5.2. Global specialty infant formula market estimates and forecast by region, 2014 - 2025
Chapter 5. Infant Formula Market, By Distribution Channels
5.1. Infant formula market distribution channel insights
5.2. Hypermarket
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast by region, 2014 - 2025
5.3. Supermarket
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
5.4. Convenience stores
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast by region, 2014 - 2025
5.5. Online
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast by region, 2014 - 2025
5.6. Others
5.6.1. Market estimates and forecast, 2014 - 2025
5.6.2. Market estimates and forecast by region, 2014 - 2025
Continued………….
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