Allied Market Research

Global Baby Infant Formula Market Forecast, 2017-2023

Growth in urbanization, surge in disposable income, increase in number of working women, and rise in population base drive the global baby infant formula market.

 

Portland, OR -- (SBWIRE) -- 08/30/2017 -- Baby Infant Formula is a manufactured food designed and marketed for feeding toddlers. It is specially intended by the manufacturers to meet the nutritional requirements of the baby. Infant formula is required when there is an inadequate supply of maternal breast milk, inefficient sucking by the baby, mother needs to work outside home, and mother has certain medical problems. The infant formula contains recommended amount of protein, fat, carbohydrate, vitamins, and minerals required for babys healthy growth & development. The commonly used formula contains purified cows milk whey & casein as a protein source, a blend of vegetable oils as a fat source, lactose as a carbohydrate source, and a vitamin-mineral mix.

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Growth in urbanization, surge in disposable income, increase in number of working women, and rise in population base drive the global market. The need for baby food is also increased owing to the inability of child to breastfeed, if mother is allergic to certain types of food, and lack of other sources of breastmilk. However, stringent regulations associated with the production of infant formula food hinders the market growth.

The global baby infant formula market is segmented based on its type and geography. On the basis of type, it is categorized as ready-to-feed formula, concentrated liquid formula, and powder formula. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players, such as Nestl SA, Danone SA, Bledina SA, Abbott Laboratories, Mead Johnson Nutrition, Kraft Heinz Company, Meiji Holdings Co. Ltd., Pfizer Inc., Beingmate Baby & Child Food Co. Ltd., and Synutra International, Inc. is also included in the report.