Global Infant Formula Ingredients Market - 2022-2029

Global Infant Formula Ingredients Market - 2022-2029

Market Overview

The global infant formula ingredients market is valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029)

Infant formula ingredients are used in infant packaged food products, which provide essential nutrients to babies. It provides all of the vital nutrients for infant care and immunization, including DHA, lutein, lactose, and vitamin E. Infant formula is essential for newborn growth and helps to meet the nutritional demands of babies daily. Cow milk as a protein source, lactose as a carbohydrate source, a blend of vegetable oils as a fat source, and other substances based on the production process make up the infant formula ingredients. The main factor that is supposed to increase this business in the coming years is the number of women who have joined the labor force after childbirth. Changing lifestyles are important market drivers, such as the requirement for rapid feeding and the surge in demand for organic baby food..

Market Dynamics:

The infant formula ingredients industry is being driven by the health benefits provided by infant formula

A rising amount of evidence demonstrates that early nutrition and lifestyle choices may impact children's future health. Infant formula plays a crucial function in promoting proper newborn growth and development. The growth in infant formula ingredients is due to the health benefits that infant formulas can provide. Some health benefits include a lower risk of cardiovascular diseases, reduced cholesterol levels, healthy bone growth, better digestive health, and increased lactose and milk minerals demand. Also, as the demand for baby food ingredients increases, the demand for infant baby food ingredients increases, and the demand for infant formula ingredients increases. Significant research is being done to enrich infant formulas with new bioactive components that offer health benefits for the baby. One of the novel elements is the milk fat globule membrane, which contains phospholipids, gangliosides, and bioactive proteins. Ingredients like probiotics and prebiotics also help promote gastrointestinal health by modulating the microbiota in the gut. Long-chain polyunsaturated fatty acids, -lactalbumin, and nucleotides are other important constituents in infant formulae. Recent research studies have shown the addition of these components to newborn formulae to boost cognitive development and reduce the number of illnesses and allergies in infants.

Industrial growth is majorly driven by the rise in the working women populace in middle-class families. According to statistics on women in the workplace, 44.3 percent of women with a master's degree or more are in senior positions, compared to 38.3 percent of highly educated men. Mothers with small children (ages 0-5 years) account for 25.1 percent of them, while women without children account for 31.4 percent. The demand for Infant formula components is being driven by an influx of working women and parents looking for additional sources of nutrition. In some of the world's poorest and richest countries, female labor force participation is highest. Because more women are working as professionals nowadays, the market for infant formula ingredients is expected to grow.

Furthermore, infant formulas can be difficult to digest at times. Breast milk includes more whey proteins, while infant formula contains more casein proteins, making it difficult for the baby to digest and causing intestinal problems. The materials are also expensive since they include nutrition. These concerns are hampering the market for infant formula ingredients. Infant formula ingredients combine to make a typical formula that may be acceptable for babies because they do not require all of the nutrients in the formula. This slows the adoption of newborn formulae, which slows the growth of the market for infant condiment components.

Market Segmentation:

Growing-up-milk is the fastest growing segment in global infant formula ingredients market.

The market is divided into four categories: basic infant formula, growing-up milk, specialty formula, and follow-on formula. Over the projected period, the growing-up milk category is expected to develop at the fastest rate. Vitamin D, iron, and calcium are all included in this application. Growing-up milk can be an effective strategy to enhance children's long-term physical and mental development by providing them with a balanced diet. Growing up milks are also more cost-effective and dependable than other supplemental diets. Growing-up milk is used as part of a well-balanced diet for babies 12 months and older. Producers of newborn formula for this age group are expected to see strong growth throughout the shift from infant feeding to family food. Furthermore, sales of growing-up milk applications are predicted to grow significantly due to increased product awareness, particularly in emerging markets like Japan.

Infant formula ingredients are generally used in powdered form due to their ease of handling compared to ingredients in liquid infant formula. Many types of ingredients for infant formulae, such as carbohydrates, proteins, certain fats and vitamins, are widely used by infant formula manufacturers in powdered form. Therefore, for powder infant formula manufacturers, especially from emerging countries, high prospects are ahead in the coming years.

Geographical Penetration:

Asia-Pacific is the dominating region during the forecast period.

Due to a shift in customer preferences for healthier supplements and increased demand from the food processing industry, Asia Pacific is expected to lead the infant formula ingredients market. The need for convenient food and rising urbanization will likely drive demand for diverse formulas, resulting in a significant expansion in the worldwide infant formula ingredients market. As one of the region's largest buyers of infant formula ingredients, China leads the Asia Pacific market. Other countries, such as New Zealand, benefit from China's position as the world's biggest supplier of infant formula ingredients.

North America accounted for a significant proportion of the market in terms of region, and it is predicted to increase significantly over the forecast period. It's because of the high cost of healthcare combined with a high level of awareness. Additionally, a large percentage of working parents in the region increases the market for infant formula ingredients.

Competitive Landscape:

The market for infant formula ingredients is expected to be characterized by a high level of regulation. All major constituents, such as carbs, lipids, and protein, must, for example, have a minimum-maximum range to be efficient. Another important requirement is that the nutrient range must be maintained throughout the shelf life of infant formula ingredients. The Food and Drug Administration (FDA) and the World Health Organization (WHO) have collaborated on such laws for infant formula ingredient approval in the United States. Specialized formulae are expected to gain acceptance among manufacturers in the coming years. Co-operative Group Limited, AAK AB, Royal Friesland Campina N.V., Carbery Food Ingredients Limited, Glanbia plc, and others are key competitors. Abbott Laboratories introduced two new products in January 2019: Similac Pro-Advance and Similac Pro-Sensitive with 2'-FL HMO. These can be found at major merchants in the United States and the Abbott store’s and Glycosyn have formed an alliance that focuses on child nutrition. This includes the creation and commercialization of human milk oligosaccharides.

COVID-19 Impact:

Positive impact on the global infant formula ingredients market.

The COVID-19 pandemic is expected to substantially impact the global infant formula ingredients market since it has brought attention to the importance of eating in a safe, healthy, and nutritional manner. With the outbreak of COVID-19, there has been a significant increase in demand for immunity-boosting foods and supplements. COVID-19 has raised consumer awareness of the importance of eating nutritious foods. Infant formulae are used by newborns and toddlers from birth to 12 months and are usually considered safe, with milk being the majority of the products available to customers. Functional additives are commonly found in infant formulae. Many firms gave milk powder and other food to towns in Canada, India, Italy, Pakistan, the Philippines, and the United Kingdom during the COVID-19 pandemic. Due to the heightened danger of contracting covid from mother to child during Covid 19, the demand for infant formula has skyrocketed.

Why Purchase the Report?

Understand the current market scenario and viability of global infant formula ingredients market over the forecast period

Visualize the composition of the global infant formula ingredients market in terms of ingredients type, form, application and region to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global infant formula ingredients market – Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

The global infant formula ingredients market report would provide an access to approximately 45 market data tables, 45 figures and 180 pages

Target Audience:

Health Care Association

Food & Beverage Companies

Dairy Owners.

Industry Investors

Education & Research Institutes

Research Professionals