Global Cow Milk Infant Formula Market: Analysis & Forecast 2019-2024Posted by Prachiti Sharma on April 3rd, 2019 Bharat Book Bureau Provides the Trending Market Research Report on “Global Cow Milk Infant Formula Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Cow Milk Infant Formula Market to grow at a CAGR of roughly 0.2% over the next five years, will reach 26100 million US$ in 2024.
Global Cow Milk Infant Formula Market infant formula milk powder, also called cow milk infant formula, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with water). The U.S. Federal Food, Drug, and Cosmetic Act(FFDCA) defines infant formula 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".
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During the investigation, we find that cow milk infant formula production bases are concentrated in Ireland, Netherlands, New Zealand, Australia, America and China, etc. After China's melamine scandal broke out in 2008, most foreign companies tended to transfer their market to China. In recent years, China manufacturers also seek overseas excellent milk base.
Some companies in China even introduce fine cow varieties to ensure the safety of cow milk infant formula. So, competition in this industry is stiff. Now it is in the state of excess capacity.
Price of cow milk infant formula changed quickly during past five years. It shows that global average price of cow milk infant formula dropped from 9834 USD/MT in 2011 to 9461 USD/MT in 2014.
The worldwide market for Cow Milk Infant Formula is expected to grow at a CAGR of roughly 0.2% over the next five years, will reach 26100 million US$ in 2024, from 24800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Cow Milk Infant Formula in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
Market Segment by Regions, regional analysis covers:
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
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