FEB 28, 2020: The global Infant Formula Ingredients market size is expected to reach USD 38.7 billion by 2025, expanding at a CAGR of 9.6%, according to a new report by Radiant Insights, Inc. The product is expected to witness high demand over the forecast period on account of several government initiatives and programs in the dairy ingredients space across the globe.
Infant formulations contain protein, carbohydrates, and fat ingredients, which are necessary to provide the macronutrients and energy needed by the newborn. Furthermore, milk protein and isolate infant formulations are consumed by majority of newborn babies. The product is available in a powdered, liquid concentrate, and liquid ready-to-feed forms. Various cow milk-derived products include nonfat milk, casein, combinations of casein, and whey proteins.
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With regards to ingredients, the infant formula ingredient market is segmented into oils and fats, carbohydrates, proteins, prebiotics vitamins, and minerals. The prebiotics segment is anticipated to witness substantial demand on account of the various perceived health benefits. Supporting increased mineral absorption, building immunity, lowering the tendency to become obese, and resisting gastrointestinal problems are some of the health benefits associated with these ingredients.
Based on region, Asia Pacific is projected to witness significant product demand over the forecast period. China, Vietnam, and Indonesia are the key markets for infant formula ingredients in the Asia Pacific region on account of crucial revenue generators over the past few years. The region has seen a fast transformation in terms of urbanization. This has aided women to join the workforce post-delivery, making infant formula the only nearest alternative to breast milk for babies.
Further key findings from the report suggest:
- The protein hydrolysates segment is likely to reach USD 9.6 billion by 2025, at a CAGR of 10.0% from 2019 to 2025. These types of formulas comprise protein that has been broken down extensively or partially into smaller sizes than those in comparison to soy-based and milk based formulas
- In terms of application, the growing-up milk segment is expected to exhibit the fastest growth over the forecast period. The said application includes vitamin D, iron, and calcium. Growing-up milk application functions as a part of a balanced diet for babies of 12 months and above age group
- High newborn mortality rate and increasing R&D to develop a nutritional formula for newborn babies who cannot be breastfed have resulted in increasing demand for the product over the past few years. The trend is expected to continue over the forecast period because of the approval of regulatory bodies for the use of 2'-FL in infant formulas in both the U.S. and Europe markets
- Distribution agreements, product innovations, and strong marketing strategies are key methods adopted by market players to expand their competitive positions and visibility in the market
- Some of the prominent companies present in the industry are Fonterra Co-operative Group Limited, AAK AB, Royal Friesland Campina N.V., Carbery Food Ingredients Limited, Glanbia plc, BASF SE, and Koninklijke DSM N.V.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased Database
1.1.2. Internal Database
1.1.3. Secondary Sources & Third-Party Perspectives
1.1.4. Primary Research
1.2. Information Analysis
1.2.1. Data Analysis Models
1.3. Market Formulation & Data Visualization
1.4. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Infant Formula Ingredient Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Major Raw Material Trends
3.3.2. Procurement Best Practices
3.4. Sales Channel Analysis
3.4.1. Vendor Selection Criteria
3.5. Technology Overview
3.5.1. Technology Timeline
Continued………….
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Global Infant Formula Ingredients Market The GMI Research assumes that the Infant Formula Ingredients Market will expand over the forecast period.
The infant formula serves an essential role in baby’s growth and helps to meet the daily nutritional requirement of babies.
Also, it enhances the mental and physical wellness of a baby.Request a free sample of this reportInfant Formula Ingredients Market DynamicsRapidly increasing urban population and mounting per capita income of individuals are the crucial factors complementing the growth of the global Infant Formula Ingredients Market.
Also, the accelerating number of working women population and the augmenting demand for non-processes infant formula because of the busy lifestyle of individuals.
Besides this, the availability of trusted quality food items has further stimulated the market growth.
However, the inflated cost of the infant formula ingredients and rigorous norms enforced in emerging nations will hinder the Infant Formula Ingredients market growth.Source Segment DriversOn the basis of source, Cow Milk source will seize the largest share in the entire market due to the excessive application of cow milk-based ingredients by the leading manufacturers.
In-depth study of the Infant Formula Ingredients Industry that helps to provide answers and relevant questions regarding the Emerging trends and Growth opportunities.
It helps identify each of the major growth barriers aside from identifying the trends in the Infant Formula Ingredients market.The Infant Formula Ingredients Market report offers an in-depth analysis of the Global Market and several important aspects related to it.
This helps researchers in the study of the market’s performance so far and predicting the further performance for the forecasted period.
Various major market aspects such as demand and supply, revenue growth patterns market shares, and market trends are analyzed thoroughly while the drafting of this Infant Formula Ingredients report.Get Access to Report Sample: https://straitsresearch.com/report/infant-formula-ingredients-market//request-sampleMajor Key players covered in this report:AAK AB, Fonterra Co-operative Group Limited, Carbery Food Ingredients Limited, Royal Friesland Campina N.V., Sachsenmilch Leppersdorf GmbH, BASF SE, Koninklijke DSM N.V., Arla Foods amba, Hansen Holdings A/S, Kerry Group plc, Lactalis Ingredients, Glanbia plc, Vitablend Nederland B.V.By Types Carbohydrates, Oils & Fats, Proteins, Vitamins & Minerals, Prebiotics, Others, By Source Cow Milk, Soy, Protein Hydrolysates, Others, By Form Powder, Liquid, Semi-LiquidMost of the infant formulas are derived from cow milk.
The market in China and India is driven by an expanded dairy herd to improve milk collection systems and higher productivity and the increasing number of infant formula ingredient players operating in this region.
As per the Department of Animal Husbandry and Dairying, the 20th livestock census showed the total livestock population increased by 4.6% from 2012 to reach 535.78 million in 2018.
