The Infant Nutrition Market is Predict to reach $89.7 Billion by 2030, at a CAGR of 9.2%

Infant Nutrition Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Infant Nutrition Market size is expected to reach $89.7 billion by 2030, rising at a market growth of 9.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,424.8 Kilo Tonnes experiencing a growth of 7.6% (2019-2022).

The Liquid segment is experiencing a CAGR of 11.1% during (2023 - 2030). The liquid segment covered a considerable revenue share in the infant nutrition market in 2022. Liquid baby food refers to baby food products in a liquid or semi-liquid form, often pureed or blended, and suitable for infants just beginning their journey into solid foods. These products provide convenient and nutritionally balanced options for parents and caregivers to feed their babies. Manufacturers offer various flavors and ingredient combinations in liquid baby food to introduce babies to different tastes and textures as they begin their solid food journey.

The Offline channel segment is generating highest revenue in the Global Infant Nutrition Market by Distribution Channel in 2022; thereby, achieving a market value of $60.9 billion by 2030. The offline channel provides an extensive array of product portfolios from many domains in the market, thus making it easy to access for clients. It is a well-organized store with a domestic and international presence that carries various infant nutrition. These stores provide consumers access to available niche products on the market.

The Follow-on Milk segment is exhibiting a CAGR of 9.7% during (2023 - 2030). Follow-on milk, often called follow-on formula, is a type of infant formula designed for infants older than six months who are transitioning from a milk-based diet to a various diet that includes solid foods. It is formulated to provide the necessary nutrients to support their growth and development as they consume more solid foods. Iron is an essential nutrient for older infants as their iron stores from birth start to deplete.

The Asia Pacific region dominated the Global Infant Nutrition Market by Region in 2022; and would continue to be a dominant market till 2030, thereby achieving a market value of $37.6 billion by 2030. The Europe region is anticipated to grow a CAGR of 8.6% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 9% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/infant-nutrition-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Reckitt Benckiser Group PLC, Perrigo Company PLC, Nestle S.A, Danone, S.A., Abbott Laboratories, The Kraft Heinz Company, Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.), Arla Foods, Inc., DANA Dairy Group Ltd. and Sun-Maid Growers of California.

Global Infant Nutrition Market Segmentation

By Form (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• Solid
• Liquid

By Distribution Channel (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• Offline channel
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Pharmacy
  • Others
• E-Commerce

By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• Infant Milk
• Follow-on Milk
• Dried Baby Food
• Prepared Baby Food
• Specialty Baby Milk

By Geography (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Reckitt Benckiser Group PLC
• Perrigo Company PLC
• Nestle S.A
• Danone, S.A.
• Abbott Laboratories
• The Kraft Heinz Company
• Amul (The Gujarat Co-operative Milk Marketing Federation Ltd.)
• Arla Foods, Inc.
• DANA Dairy Group Ltd.
• Sun-Maid Growers of California

Related Reports:

North America Infant Nutrition Market Size, Share by 2030

• October-2023
• 154 Pages

LAMEA Infant Nutrition Market Size, Share & Forecast, 2030

• October-2023
• 175 Pages

Europe Infant Nutrition Market Size & Growth to 2023-2030

• October-2023
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Asia Pacific Infant Nutrition Market Size & Analysis, 2030

• October-2023
• 177 Pages