About Infant Formula Ingredients
Infant formula ingredients are complex matrices designed to provide the infant with nutrition as close as possible to human milk. Advances in lipid technology are important to formula manufacture as dietary lipids are the predominant energy source for infants and play an important role in infant growth and development. Reinforcement of the immune system manufacturers of the infant formula are developing the new ingredients. This is projected the growth of the market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.5% |
The market for the Infant Clinical Nutrition is highly fragmented and dominated by few key player. The market has a vendor landscape that is extremely competitive. A number of businesses are also taking part in significant mergers and acquisitions as part of crucial plans to increase their market share globally.The Vendors having a strong hold in the market are Nestlé, BASF SE, Arla Foods amba, and AAK AB. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Infant Formula Ingredients market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nestlé (Switzerland), BASF SE (Germany), Arla Foods amba (Denmark), AAK AB (Sweden), Fonterra Co-operative Group Limited (New Zealand), Carbery Food Ingredients Limited (Ireland), Royal Friesland Campina N.V. (Netherlands), Sachsenmilch Leppersdorf GmbH (Germany), Koninklijke DSM N.V. (Netherlands) and Lactalis Ingredients (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Chr. Hansen Holdings A/S (Denmark), Kerry Group plc (Ireland), Glanbia plc (Ireland) and Vitablend Nederland B.V. (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Infant Formula Ingredients market by Type (Carbohydrates, Oils & Fats, Proteins, Vitamins & Minerals, Prebiotics and Others), Application (Growing-Up Milk (Infants Over 12 Months), Standard Infant Formula (0 to 6-Month-Old Infant), Follow-On Formula (6 to 12 Month-Old Infant) and Specialty Formula) and Region.
On the basis of geography, the market of Infant Formula Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Infant Formula Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Cow Milk will boost the Infant Formula Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Research and Development by Companies Operating in the Market
Market Growth Drivers:
Increasing Demand for Probiotic Infant Formula and Growth in Premium Infant Nutrition Products and Growing Demand for Eco-friendly Packaging for Infant Formula Products
Restraints:
Strict Norms and Regulations for Infant Formulas in Developing Economies
Opportunities:
Rising Awareness Regarding Natural Infant Feeding and Convenient Feeding are Creates Opportunities for Market
Market Leaders and their expansionary development strategies
In January 2023, ByHeart announces the acquisition of an additional manufacturing facility that will enable the next-generation baby nutrition company to scale production capacity of its breakthrough infant formula and increase domestic infant formula supply. Recognizing that the formula industry, which historically has been dominated by three players who control 90% of the market, was in need of change
On 12 Dec 2023, Staple infant nutrition ingredients like demineralized whey and galactooligosaccharide (GOS) fiber are finding fresh applications in food and beverages for the wider population, such as cheese, confectionery, prebiotic drinks and sports nutrition.
Key Target Audience
Infant Formula Ingredients Manufacturers, Food and Beverages Industries, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.