"FDA announced on June 9, 2014, that it is finalizing a rule—first published as an interim final rule on February 10, 2014—that sets standards for manufacturers of infant formula. In light of comments received after the interim rule published, the final rule provides some modifications and clarifications, and sets a date of September 8, 2014, for manufacturer compliance. Under the final rule, standards include, Current good manufacturing practices specifically designed for infant formula, including required testing for the harmful pathogens (disease-causing bacteria) Salmonella and Cronobacter., A requirement that manufacturers demonstrate that the infant formulas they produce support normal physical growth. and A requirement that infant formulas be tested for nutrient content in the final product stage, before entering the market, and at the end of the products’ shelf life."
The article cited AMA's "Global Baby Drinks Market Study" explored CAGR of 10.14%. According to the report, Emphasizing On Innovative Products Packaging Owing To Increasing Popularity of Ready to Drink Concept
is one of the primary growth factors for the market. Rising Awareness Regarding Nutritive Content in the Infant Formula
is also expected to contribute significantly to the Baby Drinks market. Overall, <6 Months
applications of Baby Drinks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Hypermarkets, is boosting the Baby Drinks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Baby Drinks market identified that the demand is rising in many different parts of the world as "Rising Demand for Organic Baby Food Products
". Furthermore, some recent industry insights like "2018, Food Safety and Standards Authority of India (FSSAI) drafts new labeling and display regulations for food safety and standards. Which include the display of essential information on premises where food is manufactured, processed, served, stored and labeling requirements of pre-packaged foods." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Baby Drinks market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Baby Drinks market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Baby Drinks market size is calculated using market estimation process, the Baby Drinks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Baby Drinks market size has been validated using both top-down and bottom-up approaches.