The global infant formula ingredient market is projected to grow at a CAGR of 9% during 2019 to 2024. The growth of infant formula ingredient market is driven by growth in premium infant nutrition products, rising demand for probiotic infant formula, increasing number of working women, higher birth rates in developing regions, growing packaging innovations in infant formula, increasing demand for organic infant formula, prevalence of online shopping sites, and increasing demand for eco-friendly packaging for infant formula products.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global infant
formula ingredient market by product type (carbohydrates, oils & fats,
proteins, vitamins & minerals, prebiotics, and others), application
(growing-up milk, standard infant formula, follow-on formula, and special
formula), form (powder and liquid & semi-liquid), source (conventional and
organic), and region (North America, Europe, Asia-Pacific, and Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the infant formula ingredient market?
Q.4 What are some
changing demands of customers in the infant formula ingredient market?
Q.5 What are the new
developments in the infant formula ingredient market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this infant formula ingredient area and
how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A activity has occurred in the last 5 years in this infant formula ingredient market?
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Market Segmentation:
Based on product type,
the infant formula ingredient market is segmented into carbohydrates, oils
& fats, proteins, vitamins & minerals, prebiotics, and others. The carbohydrates
segment accounted for the largest share of the market in 2020 and is expected
to register the highest CAGR during the forecast period, due to the infant
formula ingredient market.
Asia Pacific will remain
the largest region over the forecast period due to the high consumption of
infant formulas from emerging economies such as India and China.
Key Players in the
infant formula ingredient market are Arla Foods Amba, Vitablend Nederland,
Carbery Food Ingredients, Fonterra Co-Operative Group, Aarhuskarlshamn, Royal
Frieslandcampina, Sachsenmilch Leppersdorf, BASF SE, Koninklijke DSM, and Chr.
Hansen Holding.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/infant-formula-ingredient-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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