Global Infant Nutrition Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Infant Nutrition Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Infant Nutrition market finds that the global Infant Nutrition market reached a value of USD 87110.0 million in 2022. It’s expected that the market will achieve USD 120249.75 million by 2028, exhibiting a CAGR of 5.52% during the forecast period.

Market Drivers

With the increasing pressure of social life in big cities, the development of human civilization accelerates the deterioration of the natural environment, the popularization of sub-health status of the new generation of parents, and the postponement of the birth age of women in modern society, the incidence of birth defects and diseases in newborns is also increasing. The increase in the number of infants with special diseases makes infant nutrition products popular in the market.
Infant nutrition is an alternative to breast milk. The first six months of life are crucial to a child's development, and ensuring optimal nutrition during this period is crucial. Breast milk has high nutritional value and contains carbohydrates, protein, fat, minerals and vitamins that are essential for a child's development. However, in some cases, mothers may be unable to produce breast milk or may be unable to breastfeed their babies for other reasons. In such cases, infant nutrition products may serve as appropriate substitutes.

Market Restraints

In recent years, infant formula products have been plagued by contamination, fraud and substitution. Regulators around the world are addressing risks and adjusting to ensure the safety of the world's smallest consumers.
Infant formula in developed and some developing countries is tightly regulated to ensure that the infant population is protected. Most of these regulations include specific nutrient levels, required testing for specific microorganisms, labeling requirements, company registration, operating requirements for sales facilities and/or analytical testing for specific chemical content. These strict regulations are necessary because for some babies, formula may be their main or only source of nutrition. Any defect or contamination could cause major immediate problems or have future consequences.

Region Overview:

Asia-Pacific dominated the Infant Nutrition market in 2022, with a market share of 54.29%.

Company Overview:

Nestlé is one of the major players operating in the Infant Nutrition market, holding a share of 20.23% in 2023.

Nestlé

Nestle S.A. is a multinational packaged food company, that manufactures and markets a wide range of food products. The Company's product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods.

Danone

Danone operates as a food processing company. The Company produces and markets dairy products, beverages, baby food, and medical nutrition products. Danone serves customers worldwide.

Segmentation Overview:

As for product types, the Infant Formula segment held the largest market share in 2022.

Key Companies in the global Infant Nutrition market covered in Chapter 3:

Mengniu Dairy
Danone
Perrigo Company Plc
HiPP
Reckitt Benckiser
Abbott Laboratories
The Kraft Heinz Company
Nestlé
China Feihe
FrieslandCampina

In Chapter 4 and Chapter 14.2, on the basis of types, the Infant Nutrition market from 2018 to 2029 is primarily split into:

Infant Formula
Baby Food

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Infant Nutrition market from 2018 to 2029 covers:
0-6 Months
6-12 Months
12-36 Months

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)