Milk Formula Market – Global Trend, Growth Forecast & Industry Outlook Analysis Report 2014-2021
The new research report on Milk Formula Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Upto 2021.
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Milk formula also called as infant formula is a naturally processed food without chemicals additives for feeding babies under 12 months. It is basically prepared for bottle-feeding or cup-feeding from powder or liquid. Milk formula contains polyunsaturated fatty acids, such as docosahexaenoic acid (DHA) and arachidonic acid (ARA) as they play an important role in infant brain development. This report gives an in depth market analysis on milk formula market for the forecast period, drivers of this market and the strategies of the large scale and small scale companies in this field.
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Milk formula market is segmented according to its end users as infant formula, Toddler formula and others. The market is further segmented by its types which include Liquid Standard Milk formula and Powder standard milk formula. Infant formula is naturally for babies which are under 12 months and toddler formula for usually 6 months — 2 years. The term liquid standard milk formula can also be preferred as bottle feeding which does not require blending with water and the powder standard milk formula can be referred as cup-feeding which requires to be blended with water in order to serve.
Major player assessed in the report are :
– Nutricia Australia Pty Ltd
– Kroger Co
– Abbott Laboratories
– Avante International
Increase in urbanization is they key driver for this market as it increases the consumer’s need for nutrition rich food for the infants. The improving standards of life is giving rise to the trend of packed food which triggers the growth of the packaged milk formula foods. Milk formula market is growing at high rates as it is basic consumer need and best alternate food with all the desired nutrients for the physical and mental growth of infants. In many cases breastfeeding is contraindicated medically due to many reasons which include most importantly mother’s diet and health, junk food diet by mother or lactation insufficiency due to this the infant formula is best preferred and healthy food for the baby and increasing the sales of milk formula and which is necessary to maintain the supply chain.
The global market of milk formula is wide in North America due to high standards of life and busy life which leads them to use packed milk formula. Milk formula market is mainly dominated by North America and followed by Asia Pacific and Latin America. China is a fast growing market in milk formulations and may dominate the market by 2021 with maximum sales globally. This report provides the market analysis and revenue generated by milk formula in regions North America, Asia Pacific, Latin America and Rest of the World.
SEGMENTATIONS IN REPORT :
1. MILK FORMULA by End Users:
– Infant Formula
– Toddler Formula
– Others (Special Baby formula, Standard Milk formula)
2. MILK FORMULA by Type :
– Liquid Standard Milk Formula
– Powder Standard Milk Formula
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