Infant Formula Market Valued to reach $80.76 Bn by 2023-Advantages, Value Chain, Challenges, Growth Drivers, Competitive Landscape, and Business Strategies

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The global infant formula market is estimated to reach US$80.76 billion in 2023, growing at a CAGR of 5.80% for the period spanning from 2019 to 2023. The factors such as emerging middle class population, growing birth rate in developing countries, increasing female in the workforce, increasing e-commerce sales, increasing disposable income and accelerating economic growth are expected to drive the market. However, growth of the industry will be challenged by stringent regulations and dominance of infant formula alternatives. A few notable trends include growing awareness regarding baby foods and increasing preference for foreign infant formula brands in China.

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The global infant formula market is broadly segmented into four types which are toddler (+12 months), standard (0-6 months), follow-on (6-12 months) and special (premature, allergic) products. Increased preference of infant formula by younger moms and increased females in the workforce resulted into high demand of infant formula.

China is the fastest growing region to the global infant formula market mainly propelled by increasing population in China after withdrawal of one child policy by the Government of China. The growth in Asia Pacific region was mainly attributable to the increased disposable income and rising concerns among the new parents regarding child nutritional requirement. North America and Europe are highly established premium markets that contribute significantly to the global market.

Scope of the report:
• The report provides a comprehensive analysis of the global infant formula market, segmented into toddler (+12 months), standard (0-6 months), follow-on (6-12 months) and special (premature, allergic) products.
• The major regional markets (Asia Pacific, Europe, North America and Latin America) have been analyzed, along with country coverage of China and Australia.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Nestlé S.A. Danone S.A., Abbott Laboratories and Royal FrieslandCampina N.V., Reckitt Benckiser and Kraft Heinz) are also presented in detail.

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Key Target Audience:
• Infant Formula Producers
• Raw Material Suppliers
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

Few points from Table of Contents:
1. Market Overview
2. Baby Food Market Analysis
3. Global Infant Formula Market Analysis
4. Regional Infant Formula Market Analysis
5. Market Dynamics
6. Competitive Landscape
7. Company Profiles
Continued…

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List of Figures:
Baby Food by Product Types
Types of Infant Formula
Infant Formula Value Chain
Global Baby Food Market by Value (2014-2018)
Global Baby Food Market Forecast by Value (2019-2023)
Global Baby Food Market by Product Type (2018)
Asia Pacific Baby Food Market by Value (2014-2018)
Asia Pacific Baby Food Market Forecast by Value (2019-2023)
Global Infant Formula Market by Value (2014-2018)
Global Infant Formula Market Forecast by Value (2019-2023)
Global Infant Formula Market by Volume (2014-2018)
Global Infant Formula Market Forecast by Volume (2019-2023)
Global Infant Formula Market Value by Product (2018)
Global Infant Formula Market Value by Region (2018)
China Infant Formula Market by Value (2014-2018)
China Infant Formula Market Forecast by Value (2019-2023)
China Infant Formula Market by Volume (2014-2018)
China Infant Formula Market Forecast by Volume (2019-2023)
China Infant Formula Market Share by Segment (2018)
China Infant Formula Market by Distribution Channels (2014-2018)
Asia Pacific (Ex. China) Infant Formula Market by Value (2014-2018)
Asia Pacific (Ex. China) Infant Formula Market Forecast by Value (2019-2023)
Australia Infant Formula Market by Volume (2014-2018)
Australia Infant Formula Market Forecast by Volume (2019-2023)
Europe Infant Formula Market by Value (2014-2018)
Continued…

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