Research Offers 10-Year Forecast on Infant Formula Market
Infant formulas are food products which are designed to deliver the nutritional needs to infants who are under one year old. Infant formula includes concentrated liquids, powders and ready-to-use forms. Various types of infant formulas are available for infants younger than 12 months old who do not drinking breast milk. Infant formulas vary in calorie count, taste, nutrients, ability to be digested and cost. The advantages of infant formula includes, commercially ready infant formulas can be more nutritious and more convenient alternative to breastfeeding since they even contain iron which lacks in breast milk. However, the disadvantages of infant formula are primarily their high cost and lack of maternal infection-fighting antibodies which are present in breast milk.
Infant formulas are food products which are designed to deliver the nutritional needs to infants who are under one year old. Infant formula includes concentrated liquids, powders and ready-to-use forms. Various types of infant formulas are available for infants younger than 12 months old who do not drinking breast milk. Infant formulas vary in calorie count, taste, nutrients, ability to be digested and cost. The advantages of infant formula includes, commercially ready infant formulas can be more nutritious and more convenient alternative to breastfeeding since they even contain iron which lacks in breast milk. However, the disadvantages of infant formula are primarily their high cost and lack of maternal infection-fighting antibodies which are present in breast milk.
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Global <strong>Infant</strong> <strong>Formula</strong><br />
<strong>Market</strong><br />
Future <strong>Market</strong> Insights<br />
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Opportunities,<br />
Segmentati<strong>on</strong> and<br />
<str<strong>on</strong>g>Forecast</str<strong>on</strong>g>,<br />
2015<br />
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Report Descripti<strong>on</strong><br />
<strong>Infant</strong> formulas are food products which are designed to deliver the nutriti<strong>on</strong>al needs to<br />
infants who are under <strong>on</strong>e year old. <strong>Infant</strong> formula includes c<strong>on</strong>centrated liquids,<br />
powders and ready-to-use forms. Various types of infant formulas are available for infants<br />
younger than 12 m<strong>on</strong>ths old who do not drinking breast milk. <strong>Infant</strong> formulas vary in<br />
calorie count, taste, nutrients, ability to be digested and cost. The advantages of infant<br />
formula includes, commercially ready infant formulas can be more nutritious and more<br />
c<strong>on</strong>venient alternative to breastfeeding since they even c<strong>on</strong>tain ir<strong>on</strong> which lacks in breast<br />
milk. However, the disadvantages of infant formula are primarily their high cost and lack<br />
of maternal infecti<strong>on</strong>-fighting antibodies which are present in breast milk.<br />
<strong>Infant</strong> <strong>Formula</strong> <strong>Market</strong>: Drivers and Restraints<br />
Increasing number of malnutriti<strong>on</strong> babies, growth in urbanizati<strong>on</strong>, increasing globalizati<strong>on</strong><br />
are some of the major driver of the global infant formula market. However, rising<br />
competiti<strong>on</strong> in the market coupled with adverse effect of increase in commodity price<br />
and regulatory issues are factors hindering the market growth. Growing demand for<br />
organic baby food is the major trend in the global infant formula market.<br />
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<strong>Infant</strong> <strong>Formula</strong> <strong>Market</strong>: Segmentati<strong>on</strong><br />
The global infant formula is segmented <strong>on</strong> the basis of type, form and regi<strong>on</strong>. On the basis<br />
of type the global infant formula market is segmented into cow’s milk formula,
Report Descripti<strong>on</strong><br />
soy-based formula, lactose free formula and protein hydrolysate formula. Further, <strong>on</strong> the<br />
basis of form the infant formula market is segmented into powdered formula,<br />
c<strong>on</strong>centrated liquid formula and ready-to-use formula. Lastly, <strong>on</strong> the basis of regi<strong>on</strong> the<br />
market is segmented into North America, Latin America, Western Europe, Eastern<br />
Europe, Asia-Pacific, Japan and Middle East and Africa.<br />
<strong>Infant</strong> <strong>Formula</strong> <strong>Market</strong>: Regi<strong>on</strong>al Overview<br />
Globally, North America is the largest market for infant formula followed by Europe in<br />
terms of growth rate. However, with rapidly growing populati<strong>on</strong> and rising disposable<br />
income Asia-Pacific is in the verge of becoming major market for infant formula. China<br />
and India are expected to register significant growth rate over the forecast period and<br />
anticipated to surpass North America in terms of growth rate. Demand for infant milk<br />
powder is particularly very str<strong>on</strong>g in China, as well as in few other countries in Asia Pacific<br />
regi<strong>on</strong> and is expected to c<strong>on</strong>tinue to draw the attenti<strong>on</strong> of milk producers across the<br />
globe. Also, increasing participati<strong>on</strong> of women in the workplace and faster paced<br />
lifestyles is expected to accelerated the adopti<strong>on</strong> of infant formula in markets such as<br />
Brazil, India and the Middle East and Africa.<br />
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<strong>Infant</strong> <strong>Formula</strong> <strong>Market</strong>: Key Players<br />
The global players who rules this category are Abbott Laboratories, Dan<strong>on</strong>e, Nestle,<br />
FrieslandChampina, Meiji Dairies Corp, Mead Johns<strong>on</strong> to name a few. The major players
Report Descripti<strong>on</strong><br />
in this divisi<strong>on</strong> are more focused <strong>on</strong> acquisiti<strong>on</strong>s and collaborati<strong>on</strong> with other players in<br />
same category in order to mark their presence globally and expand their product<br />
portfolio. The infant formula divisi<strong>on</strong>s of specialist baby food manufacturers and<br />
pharmaceutical companies have been the most striking acquisiti<strong>on</strong> targets for Nestlé. For<br />
instance, Nestlé acquired Pfizer’s Nutriti<strong>on</strong> brands in 2012 to enhance its infant nutriti<strong>on</strong><br />
divisi<strong>on</strong> in emerging markets. Dan<strong>on</strong>e is expanding its operati<strong>on</strong> in Asia-Pacific, Africa and<br />
Latin America with the help of acquisiti<strong>on</strong>s of baby food companies in the regi<strong>on</strong>.<br />
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