The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising birth rate is likely to spur innovation in baby feeding manufacturing, propelling the market throughout the forecast period.

The global infant nutrition market is expected to grow from $32.06 billion in 2022 to $35.29 billion in 2023 at a compound annual growth rate (CAGR) of 10%. The infant nutrition market size is expected to reach $49.55 billion in 2027 at a CAGR of 8.8%.

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Global Infant Nutrition Market Segments Include:

• By Type: Infant Milk Formula, Follow-on-Milk, Specialty Baby Milk, Prepared Baby Food, Other Types
• By Meal: Baby cereals, Baby snacks, Baby drinks, Other baby meals
• By Distribution Channel: Hypermarkets/Supermarkets, Pharmacy/Medical Stores, Specialty Stores, Other Distribution Channel
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global infant nutrition market in 2021.

Major Market Players in the infant nutrition market include Abbott Laboratories, Bellamy’s Australia Limited, Danone SA, Royal FrieslandCampina NV, Reckitt Benckiser, Nestlé SA, Perrigo Company PLC, The Kraft Heinz Company.

Product innovation is a prominent trend in the infant nutrition sector. To maintain their market position, major businesses in the baby feeding market are focusing on product innovation. For example, Danone, a France-based food and beverage manufacturing corporation specialising in early life nutrition, medical nutrition, and plant-based product manufacture, will introduce a brand-new Dairy & Plants division in July 2022. Adapt baby formula to parents’ preferences for mostly plant-based diets. It is the first blended infant formula for healthy infants, with plants providing 60% of the protein. In addition to the 60% plant-based protein, it contains DHA, an omega-3 fatty acid, vegetable oil, and fibres derived from plants.

The Infant Nutrition Global Market Report 2023  provides a infant nutrition market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The infant nutrition market forecast analyzes infant nutrition market size, infant nutrition market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Infant nutrition refers to the nourishment required for a child’s continued health from birth to adulthood. It is used to provide infants with the nutrition and energy they need to stay healthy.

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