Asia Pacific Baby Drinks Market Is Expected to Reach US $18291.6 Mn by 2020, Expanding at 7.90% CAGR from 2014 to 2020
The market for baby drinks is mostly consolidated in some of the largest and most prominent country-wide markets in Asia Pacific, with Nestle S.A. accounting for a share of over 69% in India and over 43% in China in 2013, reports Transparency Market Research (TMR) in a recent report. The baby drinks market in Australia also features a markedly high level of consolidation and Heinz Co. accounted for a dominant share of over 64% in the same year.
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