VALLEY COTTAGE, New York, February 13, 2018 /PRNewswire/ --
In this report, Future Market Insights (FMI) delivers key insights and delivers revised forecasts of the global infant formula market in its published report, titled "Infant Formula Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)."
The market is segmented based on product type, distribution channel, and region. On the basis of product type the market is segmented into starting milk formula, follow-on milk formula, toddlers milk formula, and special milk formula. Starting milk formula segment is expected to register maximum CAGR in the global infant formula market. Follow-on milk formula and toddlers milk formula segments are anticipated to collectively account for 42.2% in 2027.
The global infant formula market is estimated to reach a valuation of more than US$ 66 Bn by end of 2027 from a valuation of about US$ 26.5 Bn in 2017, and is projected to grow at a value CAGR of 9.5% throughout the period of assessment.
Global Infant Formula Market: Dynamics Influencing Growth
Increase in premium infant nutrition products, growing demand for probiotic infant formula, increasing number of working men, higher birth rates in developing regions, growing packaging innovations in infant formula, increasing demand for organic infant formula, prevalence of online shopping sites, and increasing demand for eco-friendly packaging for infant formula products are expected to push the growth of the global infant formula market. However, use of GMOs in infant formula, pricing issues and increasing scandals in infant formula are posing hindrances to the growth of the global infant formula market.
Preview Analysis on Global Infant Formula Market Segmentation By Product Type - Starting Milk Formula, Follow-On Milk Formula, Toddlers Milk Formula and Special Milk Formula; By Distribution Channel - Specialty Outlets, Supermarkets, Online Stores, Pharmacy Stores and Others: https://www.futuremarketinsights.com/reports/infant-formula-market
Global Infant Formula Market: Competitive Dashboard
Some of the key players in the global infant formula market include, Nestle S.A., Groupe Danone, Abbott Nutrition Manufacturing Inc., Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child Food Co. Ltd., Synutra International, Inc., Pfizer Inc., FrieslandCampina, and others. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, product offerings, mergers and acquisitions. The 'Competitive Landscape' is included to provide report audiences with a dashboard view and company share collectively that can support the readers to gain competitive advantage in the global infant formula market.
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