Infant Nutrition Market to Grow with a CAGR of 6.35% through 2028
Rising Awareness
for Nutrition are expected to drive the Global Infant Nutrition Market in the
forecast period 2024-2028.
According to
TechSci Research report, “Infant Nutrition Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the Global
Infant Nutrition Market stood at USD 72.09 billion in 2022 and is anticipated
to grow with a CAGR of 6.35% in the forecast period, 2024-2028. The world's
population continues to increase, leading to a higher number of infants and
young children, which drives the demand for infant nutrition products. The trend of urbanization has led to changing
lifestyles, including a higher reliance on convenience foods and packaged baby
products. The increasing emphasis on health
and wellness has led to a preference for organic and natural ingredients in
infant nutrition products. The growth of e-commerce platforms has made it
easier for parents to access a wider range of infant nutrition products and
compare prices and reviews. Stringent regulatory standards and safety measures
instill confidence in parents, encouraging them to choose commercial infant
nutrition products over homemade alternatives. The globalization of brands and
products has made a wider variety of infant nutrition options available to
consumers, facilitating market growth. Recommendations from healthcare
professionals, including pediatricians and neonatologists, play a significant
role in shaping consumer choices regarding infant nutrition products. These
drivers collectively contribute to the growth and evolution of the global
infant nutrition market. It's important to note that market conditions can
change rapidly, and new drivers may have emerged since my last update. Market
participants continually adapt to these drivers to meet the evolving needs and
preferences of parents and caregivers.
Infant nutrition
refers to the dietary needs and feeding practices crucial for the healthy
growth and development of infants, typically from birth up to 2 years of age.
It plays a pivotal role in a child's overall health and well-being, as this
early period is characterized by rapid growth and development of organs,
tissues, and cognitive functions. The importance of infant nutrition can't be
overstated for several key reasons: Critical Growth Phase: Infancy is a period
of unparalleled growth, with infants doubling their birth weight in the first
few months. Adequate nutrition is essential to support this rapid physical
development. Brain Development: Proper infant nutrition, particularly during
the first year, is crucial for optimal brain development. Nutrients like DHA
(docosahexaenoic acid) and ARA (arachidonic acid) are essential for cognitive
and visual development. Immune System Development: Proper nutrition helps
strengthen an infant's immune system, reducing the risk of infections and
illnesses. Establishing Healthy Habits: Infant nutrition can influence lifelong
eating habits. Introducing a variety of nutritious foods and flavors during
infancy can contribute to healthier dietary choices in the future. Reducing
Health Risks: Adequate infant nutrition can reduce the risk of chronic health
conditions such as obesity, diabetes, and heart disease later in life. Bonding:
Breastfeeding, a crucial component of infant nutrition, fosters bonding between
the infant and the caregiver, providing emotional and psychological benefits. Nutritional
Needs: Infants have specific nutritional requirements, including the need for
essential nutrients like proteins, fats, carbohydrates, vitamins, and minerals
to support their growth and development. Immune System Support: Breast milk
provides essential antibodies and immune-boosting factors that protect infants
from infections and diseases, offering a unique level of protection. Digestive
System Development: The introduction of appropriate solid foods during infancy
helps in the development of the digestive system and the establishment of a
diverse gut microbiome. In conclusion, infant nutrition is fundamental for the
healthy development of infants, both physically and mentally. It sets the
foundation for a lifetime of good health, making it vital for parents and
caregivers to provide infants with the necessary nutrients, whether through
breastfeeding or carefully selected infant nutrition products, to support their
growth and development.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on "Global
Infant Nutrition Market”
The global
infant nutrition market is influenced by several key drivers that shape its
growth and dynamics: Rising Global Birth Rates: An increase in global birth
rates leads to a larger infant population, directly driving demand for infant
nutrition products, including formula and baby food. Growing Middle-Class
Population: Expanding middle-class populations, particularly in emerging
economies, have greater purchasing power, enabling them to afford premium
infant nutrition products and supplements. Health and Nutrition Awareness:
Parents are increasingly aware of the importance of proper infant nutrition for
their child's health and development, leading to higher demand for high-quality
products. Urbanization: Urbanization often results in busy lifestyles and
greater reliance on convenient, packaged baby foods and formula, increasing
market demand. Working Mothers: As more mothers join the workforce, there's a
demand for convenient infant nutrition solutions like ready-to-feed formula and
portable baby food products. Product Innovation: Ongoing research and
development efforts introduce innovative infant nutrition products with added
health benefits like probiotics, prebiotics, and DHA, driving market growth. Regulatory
Compliance: Strict regulations and quality standards ensure product safety and
quality, bolstering consumer confidence in commercial infant nutrition
products. Marketing and Branding: Companies invest heavily in marketing and
branding efforts, emphasizing the nutritional value, safety, and convenience of
their products to attract consumers. Consumer Preferences: Evolving consumer
preferences, such as a focus on natural and organic ingredients, influence
product development and marketing strategies. Globalization: The globalization
of brands and products has made a wider variety of infant nutrition options
available to consumers, facilitating market growth. These drivers collectively
contribute to the growth and evolution of the global infant nutrition market,
making it a dynamic and competitive industry focused on meeting the nutritional
needs of infants and young children.
The Global
Infant Nutrition Market is segmented into product, regional distribution, and company.
Based on product,
the market is segmented into Infant Formula, Baby Food. The Baby Food is
expected to rise in the forecast period. This is attribute due to several
factors. As infants transition to solid foods, parents and caregivers seek a
wider variety of options, including purees, cereals, snacks, and finger foods,
catering to their developmental stages. Baby food offers convenience,
customization, and diversity in textures and flavors, aligning with parents'
desire to introduce balanced diets and foster healthy eating habits. In
contrast, infant formula serves as a necessary alternative when breastfeeding
isn't possible or insufficient, but its usage is typically more straightforward
and limited in scope, contributing to the baby food segment's prominence in
meeting the evolving needs of growing infants.
Based on baby
food, the market is segmented into Prepared Food, Dried Food, Other. The Dried
Food segment was dominated the market in 2022. This is due to several factors.
Dried foods offer longer shelf life and reduced perishability, making them more
convenient and cost-effective for both manufacturers and consumers. They are
also lightweight and easy to store, transport, and handle. Additionally, dried
foods often retain more of their nutritional value compared to certain prepared
foods that may require preservatives or high-heat processing. This combination
of convenience, extended shelf life, and retained nutrition makes dried foods
an appealing choice for consumers seeking convenient, long-lasting, and
nutritious options, contributing to their dominance in the market.
Major companies operating
in Global Infant Nutrition Market are:
- Abbott
Laboratories
- BABY
GOURMET
- Danone
S.A.
- Reckitt
Benckiser Group PLC
- Nestle
S.A.
- The
Kraft Heinz Company
- Perrigo
Company plc
- Arla
Foods amba
- Reckitt
Benckiser Group PLC
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“An increasing
global population, coupled with higher birth rates in many regions, leads to a
larger pool of infants, driving demand for infant nutrition products. Growing
income levels, particularly in emerging economies, enable parents to afford
premium infant nutrition products and supplements, boosting market growth. Additionally,
The trend toward urban living results in busier lifestyles and a greater
reliance on convenient, packaged baby foods and formula, stimulating market
growth, as more mothers join the workforce,
the need for convenient infant nutrition solutions, such as ready-to-feed
formula and portable baby food, increases, Continuous research and development
efforts introduce innovative infant nutrition products, including those
fortified with probiotics, prebiotics, DHA, and other health-enhancing
components. Companies invest in robust marketing and branding campaigns,
emphasizing the nutritional value, safety, and convenience of their products to
attract and retain consumers contributes to foster the demand for Global Infant
Nutrition Market in the forecast period” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Infant
Nutrition Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028 Segmented By Drug Product (Infant Formula, Baby Food), By
Infant Formula (First Infant Formula, Follow-on Formula, Growing-up Formula,
Specialty Baby Formula), By Baby Food (Prepared Food, Dried Food, Other), By
Region and Competition” has evaluated the future growth potential of Global
Infant Nutrition Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Infant
Nutrition Market.
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