About Infant Formula Milk Powder
The infant formula milk powder is a baby formula that is specially produced for feeding babies and infants under 12 months of age, it is consumed through proper preparation of bottle-feeding form the powdered formula. It is the food for baby which support their special dietary requirements along with breastfeeding. It provides nutrients requirements essential for the proper growth and health of the baby. The infant formula milk powder can be also consumed by the babies above 12 months of age.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.8% |
The global market for Infant Formula Milk Powder is fragmented by the global key players owing to the rising demand for the wheat germ oil in cosmetic industry due to nutritional contain like vitamin E and in food supplements industry as functional and convenience foods. 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.
Nestle S.A (Switzerland), Mead Johnson & Company, LLC. (United States), Danone S.A. (France), Abbott Nutrition (United States), Heinz Wattie's (New Zealand), Perrigo Company plc (Ireland), Arla Foods Ingredients Group (Denmark), Bellamy's Organic (Australia) and Biostime Nutrition (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Infant Formula Milk Powder market by Type (Whole Milk Powder and Skimmed Milk Powder) and Region.
On the basis of geography, the market of Infant Formula Milk Powder 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 Nature, the sub-segment i.e. Organic will boost the Infant Formula Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Infant Formula Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Cans will boost the Infant Formula Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age Group, the sub-segment i.e. 0-6 Months Baby will boost the Infant Formula Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Consumption of Organic and Whole Milk Infant Formula Powder
Market Growth Drivers:
Growing Number of Infants Around the Globe and Need for Infant Formula to Provide them Essential Nutrients so that they Grow Healthy and Fit
Challenges:
Regulatory Standard Associated with Infant Formula Milk Powder
Restraints:
Infant Formula Milk Powder Might Lack Immunity Booster
Opportunities:
Increasing Demand for Infant Formula Milk Powder from the Young Parents and Surging E-commerce Availability of Infant Formula Milk Powder
Market Leaders and their expansionary development strategies
In July 2023, Nestlé today announced that it has entered into a partnership agreement with the founding family of Hsu Fu Chi, a leading manufacturer and distributor of confectionery products in China, listed in Singapore (HFCI:SP). Under the proposed agreement, Nestlé intends to acquire 60% of Hsu Fu Chi whilst the Hsu family will own the remaining 40%. Hsu Fu Chi’s current CEO and Chairman, Mr. Hsu Chen, will continue to lead the company in the new partnership.
In September 2023, The a2 Milk Company today announced that its highly regarded a2 Platinum Premium Infant Formula will hit store shelves in the U.S. for the first time this month with initial distribution in nearly 250 Meijer stores (available now), and 50 Wegman’s stores
Key Target Audience
Infant Formula Milk Powder Manufacturers, Infant Formula Milk Powder International Traders, Infant Formula Milk Powder Distributors and Suppliers, Research and Development Institutes, Potential Investors and Regulatory Bodies
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.