The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

A Strong Growth Spurt:

• The protein ingredients in infant nutrition market have experienced robust growth in recent years.
• From $8.03 billion in 2023, it surged to $8.69 billion in 2024, boasting a commendable compound annual growth rate (CAGR) of 8.3%.

Projections for Future Expansion:

• Anticipated growth forecasts paint a promising picture for the market, poised to ascend to $12.3 billion by 2028, with a CAGR of 9.1%.
• This projected growth is fueled by various factors including the premiumization of infant nutrition, the shift towards clean label and natural ingredients, expanding e-commerce avenues, globalization of brands, heightened awareness of early nutrition, and healthcare professional recommendations.

Global Population Surge as a Catalyst:

• The burgeoning global population serves as a significant driver propelling the demand for protein ingredients in infant nutrition.
• Factors such as poverty reduction and advancements in modern medicine contribute to this population surge, necessitating adequate nutrition for newborns, thereby driving the demand for protein ingredients.
• Projections from the United Nations foresee the world population reaching approximately 8.5 billion by 2030, and 9.7 billion by 2050, underscoring the vital role of population growth in driving market expansion.

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Pioneering Innovations:

• Product innovation emerges as a pivotal trend within the infant nutrition market, with major players focusing on innovative solutions to gain a competitive edge.
• Notable examples include Else Nutrition’s introduction of a plant-based protein shake tailored for children, offering a dairy-free alternative crafted from organic almonds, buckwheat, and tapioca.
• These innovative offerings cater to evolving consumer preferences and dietary restrictions, while providing essential nutrients required for children’s growth and development.

Strategic Acquisitions:

• Strategic acquisitions play a vital role in shaping the infant nutrition market landscape, exemplified by Primavera Capital’s acquisition of Mead Johnson & Company LLC for USD 2.2 billion in June 2021.
• This strategic move positions Primavera Capital to support Mead Johnson’s expansion endeavors, fostering innovation, operational excellence, and digital transformation, particularly within the Chinese market.
• Mead Johnson & Company LLC’s expertise in manufacturing nutritional products for infants and children aligns strategically with Primavera Capital’s vision for market growth and penetration.

Market Segmentation Insights:

• The protein ingredients in infant nutrition market are segmented based on product type, form, source, application, and distribution channel.
• Product types include animal and plant-based protein ingredients, while forms encompass isolate, concentrate, and other variations.
• Sources range from cow milk and soy to protein hydrolysates and other alternative sources.
• Applications include growing-up milk, standard infant formula, follow-on formula, and specialty products.
• Distribution channels span hypermarkets, supermarkets, pharmacies, specialty stores, hard discounter stores, and other avenues.

Regional Dominance:

• Asia-Pacific emerged as the largest region in the protein ingredients in infant nutrition market in 2023.
• This underscores the region’s significance in driving market growth and reflects the evolving consumer preferences and market dynamics within the region.

In conclusion, the protein ingredients in infant nutrition market exhibit a promising trajectory of growth, propelled by a confluence of factors including population surge, innovative product offerings, strategic acquisitions, and robust market segmentation strategies. As the market continues to evolve, stakeholders are poised to capitalize on emerging opportunities and navigate challenges to drive sustainable growth and meet the evolving needs of consumers worldwide.

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The Protein Ingredients In Infant Nutrition Global Market Report 2024  provides an overview of the protein ingredients in infant nutrition market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The protein ingredients in infant nutrition market forecast analyzes protein ingredients in infant nutrition market size, protein ingredients in infant nutrition market share, leading competitor and their market positions.

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