VALLEY COTTAGE, New York, July 18, 2018 (GLOBE NEWSWIRE) -- In this report, Future Market Insights (FMI) delivers key insights and delivers revised forecasts of the global infant formula market in its published report, titled “Infant Formula Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017–2027).”
The market is segmented based on product type, distribution channel, and region. On the basis of product type the market is segmented into starting milk formula, follow-on milk formula, toddlers milk formula, and special milk formula. Starting milk formula segment is expected to register maximum CAGR in the global infant formula market. Follow-on milk formula and toddlers milk formula segments are anticipated to collectively account for 42.2% in 2027.
Global Infant Formula Market: Forecast Analysis
The global infant formula market is estimated to reach a valuation of more than US$ 66 Bn by end of 2027 from a valuation of about US$ 26.5 Bn in 2017, and is projected to grow at a value CAGR of 9.5% throughout the period of assessment.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/...rep-gb-838
Global Infant Formula Market: Dynamics Influencing Growth
Increase in premium infant nutrition products, growing demand for probiotic infant formula, increasing number of working men, 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 are expected to push the growth of the global infant formula market. However, use of GMOs in infant formula, pricing issues and increasing scandals in infant formula are posing hindrances to the growth of the global infant formula market.
Global Infant Formula Market: Segmental Snapshot
On the basis of distribution channel, the market is segmented into specialty outlets, supermarkets, online stores, pharmacy stores, and others. In 2016, the pharmacy stores segment accounted for highest revenue share and is expected to dominate the global market throughout the forecast period. The supermarkets segment is projected to grow at the fastest rate in the coming years.
This report assesses trends driving growth of each segment on the global level and offers potential takeaways that could prove substantially useful to infant formula manufacturers looking to enter the market. In this report, the global infant formula market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). This report assesses trends driving growth of each segment on the global level and offers potential takeaways that could prove substantially useful to infant formula manufacturers looking to enter the market. The APEJ market has been estimated to dominate the infant formula market, accounting for maximum revenue share of the market by 2017 end. Infant formula market in the APEJ region is estimated to touch a significant valuation thus dominating the global market. Collectively, APEJ and North America markets are expected to account for over 67.9% revenue share of the global infant formula market by 2017 end. Middle East & Africa is expected to exhibit significant CAGR of 10.0% over the forecast period.
Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-gb-838
By product type, starting milk formula segment is the largest with a high market value and is projected to grow at a high CAGR of 10% during the period of assessment (2017-2027).
Global Infant Formula Market: Competitive Dashboard
Some of the key players in the global infant formula market include, Nestle S.A., Groupe Danone, Abbott Nutrition Manufacturing Inc., Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child Food Co. Ltd., Synutra International, Inc., Pfizer Inc., FrieslandCampina, and others. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, product offerings, mergers and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively that can support the readers to gain competitive advantage in the global infant formula market.
Browse More: Food and Beverages
More from FMI’s Food and Beverage Market Intelligence:
- Herb Oil Market Segmentation By Product Type – Basil, Mint, Thyme, Dill, Other Herbs; Sales channel - Specialty store, Modern Trade, Drug Stores, Online Store, Other Sales Channel; Application Type - Personal care and cosmetic, Food and beverage, Pharmaceutical, Aromatherapy, Industrial, Other Application; Extraction Method – Distillation, Solvent extraction, Cold Pressing: https://www.futuremarketinsights.com/reports/herb-oil-market
- Specialty Food Ingredients Market Segmentation By Specialty Sensory Ingredients - Enzymes, Emulsifiers, Flavors, Colorants; Specialty Functional Ingredients – Vitamins, Minerals, Antioxidants, Preservatives; Application Type - Bakery & Confectioneries, Beverages, Dairy & Frozen Foods, Convenience Food, Meat Products, Functional Foods/ Beverages/ Dietary Supplements, Oils & Fats, Others (includes Savory snacks, Sauces, Dressings & Condiments ): https://www.futuremarketinsights.com/reports/...nts-market
- Food Certification Market Taxonomy By Type - Feed and Food Supply (Animal Feed, Food Quality and Safety(BRC, SQF, FSSC 22000, IFS, ISO 22000, GLOBAL GAP, Others ), Food Packaging and Logistics), Seafood (ASC, MSC, Others), Label Claims (Halal, Organic, Kosher, Non-GMO, Others), Sustainability (RSPO, UTZ, Others); By Application – Food (Animal Nutrition, Human Nutrition (Meat and Poultry, Seafood, Dairy, Fruits and Vegetables, Processed Food, Pet Food, Others), Beverages, Oils and Fats: https://www.futuremarketinsights.com/reports/...ion-market
ABOUT US:
Future Market Insights ( FMI ) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Mr. Sudip Saha Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F : +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office : Press@futuremrketinsights.com FMI Blog: http://www.fmiblog.com/ Website : www.futuremarketinsights.com
