Infant Nutrition Market Growth and Forecast to 2025Posted by shanigaram karthik on January 31st, 2020 Market overview Infant formula contains various nutrients, such as fats, carbohydrates, proteins, minerals, vitamins, and others that are given to babies for their overall growth. Although physicians suggest exclusive breastfeeding for under six months babies, infant formula can be used as a substitute, as it contains similar nutrient contents. The global infant nutrition market was worth USD 71.40 Billion in 2020 and is likely to reach USD 98.89 Billion by 2025, rising at a CAGR of 5.58%. Recent developments In 2019, BASF released its first HMO, PREBILAC 2’-FL for the infant nutrition market. Thus, the market is hugely competitive, with a high number of key players involved. Most of these players are prolonging their base in the market due to its raised demand from many countries. Market Drivers and Restrains Certain aspects are propelling the development of the market, which include the rise in the working mother population, more spending on baby health, and the increasing demand for organic baby food. Moreover, variation in lifestyle, increase in middle-class people, and development in disposable income in developing economies such as India, Indonesia, China, and the rise in awareness about high nutritional content in the infant formula increases the market growth. However, problems related to food safety and failure in the global birth rate may hinder this growth to some extent. Report is segmented as By Product Type
By Distribution Channel
Geographical Segmentation: Based on geography, the market is divided under many regions, such as North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is estimated to be the highest revenue supplier in the global infant nutrition market. Key market players:
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