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Infant Formula Market Revenue & Regional Analysis | 2019-2025

Author : Rahul Sankrityayan | Published Date : 2019-07-10 

Global Market Insights, Inc. has launched a report on Infant Formula Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Global infant formula market will be primarily driven by the growing number of working-class women across the globe. Infant formula are widely accepted alternatives of breast milk hence the rising population of working mothers shall drive product demand during the forecast period. Moreover, the increasing per capita income in developing economies has resulted surge in the purchasing power of the population which in turn is anticipated to act as one of the major market driving factors during the assessment period.

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According to The Federal Food, Drug, and Cosmetic Act (FFDCA), by U.S. Food and Drug Administration, infant formula is defined as a food which purports to be or is represented for special dietary use, solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk. Infant formula consists of various vital ingredients such as fats, carbohydrates, proteins, minerals, vitamins and others which acts as an import source of infant nutrients.

Rapid proliferation of the infant formula market has also stemmed from favorable regulations on the production and quality of products. The U.S. FDA categorizes infant formula under its Federal Food and Drug and Cosmetics act, citing various added requirements and minimum needed concentration of various vital nutrients infused in the formula.

Specialty infant formulas are emerging as a novel application area in baby healthcare, as they are designed to address different ailments a baby can suffer, including galactosemia, reflux, spit up or lactose-intolerance. Augmented consumption of specialty formulas will certainly accelerate development of the infant formula market, in concurrence with the explosion in consumer purchasing power.

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Elaborating further, although e-commerce has garnered tremendous momentum in APAC, most parents in the region are expected to purchase baby food in the traditional way, in convenience stores and supermarkets. The region has experienced massive rise in the number of supermarket chains over the last few decades, where both domestic and international brands have established a foothold and loyal customer base.

Infant formula market by distribution channel

  • Hypermarket
  • Supermarket
  • Convenience store
  • Online
  • Others

Speaking further on the enormous opportunities derived from retail, Australia-based Woolworths is the biggest supermarket chain in the country and runs nearly 995 stores all over the continent. The company allows its customers to not only gain access to numerous key products in stores, but also lets them shop online.

On the basis of distribution channels, the global market has been segregated into hypermarket, supermarket, convenience store, online and others. Among the aforementioned segments, supermarkets contributed highest to the revenue share amounting more than USD 18 billion in 2018 and will hold the highest revenue share throughout the assessment period.

Europe held the second most revenue generating market position in 2018 and is projected to display the same trend throughout the forecast period. The proficient players operational in infant nutrition market include Nestlé, Danone, Reckitt Benckiser, Abbott, Perrigo Nutritionals, Arla Food Ingredients, Hero Group, HiPP, Otsuka Pharmaceutical Co. Ltd. and Bubs Australia.

Partial Chapters:

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° 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

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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