Asia-Pacific Baby Infant Formula Market: Ken Research
The Baby infant formula consists of infant milk, specialty designed baby milk, and milk type designed for the consumption of infants and toddlers. Infant milk further consists of the necessary nutrients, minerals, and vitamins for the overall development of the baby and little kids. Moreover, the Physicians now recommend infant formula as an alternative to the breast milk feed. As infant formula permits and adds conveniences which can be fed over anywhere and at any instance, further adding to ease to working mothers. The working mothers may return to their jobs shortly after giving birth as these infant formulae can be fed at ease and provides a healthy and nutritious option. The infant formula here refers to the food for the diet of a small baby solely being fed to the infants, based on the fact that these infant formulae simulates the nutritious properties for the human milk or serving as a complete or the partial substitute of human milk. It also contains vitamins and nutrients that prevent the disease such as anaemia caused by lack of Iron. Moreover, there are various types of infant formula are further supplemented with the probiotic called Bifidobacterium Lactis, preventing the disease such as diarrhoea, ease colic, and lowering the risk of food allergies.
According to study “Asia-Pacific Baby Infant Formula Market by Type (Infant Milk, Follow-on Milk, Specialty Baby Milk, and Growing-up Milk), Ingredient (Carbohydrate, Fat, Protein, Minerals, Vitamins, and Others), and Distribution Channel (Hypermarket, Supermarket, PharmacyMedical Stores, Specialty Stores, Hard Discounter Store, E-commerce, and Others) Asia-Pacific Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key players include Abbott, Reckitt Benckiser (Mead Johnson & Company LLC), Perrigo Company Plc., Arla Foods Amba, Campbell Soups, Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), Dana Dairy Group Ltd., Danone, Nestle S.A., Heinz Baby.
Rise in awareness over the consumers has further led to rise in preference for the organic baby food products. Nowadays manufacturers for baby infant formula foods are taking care and avoiding from the ingredients such as added sugar, sodium, and other preservatives. However, concerns related to food safety and decline may impact the market growth over the forecast period. The rise in the number of working women, majorly preferring infant milk for their babies, as feeding by mother is not always a feasible option. Moreover, many working women intend to resume their work after giving birth, that makes them look for options such as infant milk, for feeding their child. Moreover, rise in the middle earning group population in the emerging economies further significantly have contributed towards the significant rise of the market, owing to high purchasing power and affordability for spending on their children. In addition, the rapid urbanization has further led to the change in the lifestyle and living type of people.
The Asia-Pacific baby infant formula market is further segmented as type, distribution channel, ingredient, and the country. By type, market is further analysed into follow-on-milk, specialty baby milk, infant milk and growing-up milk. Based on the ingredient, the market is further segmented into carbohydrate, fat, vitamins, protein, minerals and others.
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Related Report: –
Philippines Baby Food Market Outlook to 2023 – By Food Category (Infant Milk Formula, Dried Baby Food, Prepared Baby Food and Other Baby Food), By Nature (Inorganic and Organic Foods), By Age Group (0-6 months, 6-12 months and 12+ months) and By Distribution Channel (Health and Wellness Retailers, Supermarkets, Small Grocery Stores, Hypermarkets, E-commerce Portals and Convenience Stores.
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