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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.
Download the sample Report for highlights on market Drivers & Challenges affecting the Infant Nutrition Market.
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Infant Nutrition Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 7.73%
Market growth 2022-2026
$ 17.66 billion
Market structure
Fragmented
YoY growth (%)
5.3
Regional analysis
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
Competitive landscape
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.
Market dynamics
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
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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
11 Appendix
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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