The market for infant formula is known to be benefitted by the growth in demand for probiotic infant formula all over the globe. Moreover, the increase in premium infant nutrition items along with higher birth rates in developing regions is actively contributing towards increased market revenues in the coming years. In order to learn more about the infant formula market on the global level, a new research report has been added to the wide database of Market Research Hub (MRH). This research analysis is titled “Infant Formula Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, which highlights the new innovations and development status of the concerned market during the period until 2027.
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According to report specifics, the global infant formula market is likely to expand at a 9.5% CAGR during the forecast period. In addition, the rising number of working women is projected to fuel the market growth of infant formula based on revenue. The report starts with the executive summary followed by market taxonomy and market definition. Readers can learn about different market related facets such as opportunity analysis and regional market dynamics. Under this, vital information about market drivers, trends and restraints is available for better insight about the influential factors associated to the global infant formula market.
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The later section of the report presents the market segmentation based on product type that includes starting milk formula, toddlers milk formula, follow-on milk formula and special milk formula. It has been analyzed that, starting milk formula is expected to gain high recognition, thus pushing its consumption globally during the forecast period. The prime regions analyzed in this report are North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific Excluding Japan and Middle East & Africa. The market size (US& Mn) and volume for each of these regions is carefully enclosed to enlighten the readers. The global infant formula market is further bifurcated in terms of distribution channel that includes specialty outlets, supermarkets, pharmacy stores, online stores and others.
Currently, the accessibility of infant formula products in pouches is increasing significantly in comparison to the traditional packaging forms like tubs or glass. Among these, pouches having plastic spouts at the top deliver great ease while sipping. With all such innovations happening in the global infant formula sector, investors are eyeing a positive scenario in the coming years. With the help of this report, useful data can be acquired in order to frame future plans.
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