Global Infant Nutrition Market- Abott Nutrition, Nestle S.A., Beingmate Baby & Child Food Co Ltd
Jul 6, 2017
Global Infant Nutrition Market is projected to reach USD X.XX billion by 2023, growing with a CAGR between 6.5 % and 7.0% from 2017 to 2023.
Pune, India - July 6, 2017 /MarketersMedia/ —
Introduction:
Infants require only breast milk during their initial four to six months for nutrition. Infant nutrition products are partial or full alternative for the natural breast milk, for babies under the age of two years old, to provide the essential nutrients for growth. Infant formula and baby food are the two types of infant nutrition products available. Most of the Infant formulas available are made from cow milk.
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The value of the global infant nutrition market was around USD 44 billion during 2015. The market grew slightly to attain a value of around USD 47 billion during 2015. The global infant nutrition market is projected to reach USD X.XX billion by 2023, growing with a CAGR between 6.5 % and 7.0% from 2017 to 2023. Infants require only breast milk during their initial four to six months for nutrition. Infant nutrition products are partial or full alternative for the natural breast milk, for babies under the age of two years old, to provide the essential nutrients for growth. Infant formula and baby food are the two types of infant nutrition products available.
Segments Covered:
The report segments the global infant nutrition market by type and region. On the basis of type, the market is segmented as baby food and infant formula. Baby food is further sub- segmented into dried baby food, prepared baby food and other baby food. Infant formula is further sub-segmented into follow-on milk formula, growing up milk formula, infant milk formula and speciality baby milk formula.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Europe is anticipated to remain as the leading infant nutrition market in the world. However, the steady decline in the birth rates is expected to slow the growth of the European market. Asia-Pacific is expected to attain the fastest growth rate due to the booming population in countries such as China, India, and Indonesia.
The companies covered in the Global Infant Nutrition Market report:
1) Abott Nutrition
2) Nestle S.A.
3) Beingmate Baby & Child Food Co Ltd
4) Ellas Kitchen
5) Freisland Campina
6) Groupe Dandone
7) Hain Celestial Group
8) Mead Johnson Nutrition Company
9) Pfizer Inc
10) and The Kraft Heinz Company.
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Source: MarketersMedia
Release ID: 214968
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