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May 17, 2022, 20:15 ET
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NEW YORK, May 17, 2022 /PRNewswire/ — The Infant Nutrition Market size is expected to grow by USD 17.66 billion from 2021 to 2026, at a CAGR of 7.73%. One of the major factors driving the infant nutrition industry is the rising demand for vegan and organic baby food.
This report further entails infant nutrition market segmentation, including:
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As per Technavio, the new product launches will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2022-2026.
Infant Nutrition Market: Product Insights and News
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Infant Nutrition Market: Segmentation Analysis
The online segment’s share of the infant nutrition market will expand significantly. Business-to-business (B2B) and business-to-consumer (B2C) operations are supported through online and e-commerce channels. For practically all forms of retail services, e-commerce has become a growing trend. Due to their hectic schedules, many nowadays do not have time to purchase at actual retail stores. As a result, they choose to shop online rather than go to a physical store because it is more convenient. During the projected period, the convenience given by internet buying will fuel the infant nutrition market growth.
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Some of the key topics covered in the report include:
One of the primary infant nutrition market trends contributing to market growth is new product releases. Clinical trials and obtaining regulatory approval for infant formulae from regulatory authorities such as the US FDA are becoming increasingly important to vendors around the world. Intense market rivalry is expected to force existing vendors to expand their market presence. During the forecast period, such activities will propel the global infant nutrition market forward.
One of the reasons limiting the infant nutrition market’s growth is the need for lactose-free and allergy-free baby food. Lactose intolerance affects babies who are unable to digest lactose. Lactose-free infant food and products have a limited market penetration due to a lack of awareness of the benefits of such items. Parents avoid buying almond-based, soy-based, and hazelnut-based infant foods and other non-dairy products produced from almonds, soy, and hazelnut because of these factors. This makes the growth of the infant feeding market difficult.
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Infant Nutrition Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 7.73%
Market growth 2022-2026
$ 17.66 billion
YoY growth (%)
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 34%
Key consumer countries
US, Canada, China, India, and Germany
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
Abbott Laboratories, Arla Foods amba, Beingmate Co. Ltd., Bellamys Australia LTD, Campbell Soup Co., Dana Dairy Group, Danone SA, Glanbia Plc, Gujarat Cooperative Milk Marketing Federation, Hero Group, HiPP GmbH and Co. Vertrieb KG, Inner Mongolia Yili Industrial Group Co. Ltd., Mead Johnson and Co. LLC, Meiji Holdings Co. Ltd., Nestle SA, Parents Choice Infant Formula, Perrigo Co. Plc, Royal FrieslandCampina NV, Synutra International Inc., and The Kraft Heinz Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution Channel
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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