The report “Infant
Formula Ingredients Market by Ingredient Type (Carbohydrates, Oils & Fats,
Proteins, Vitamins, Minerals, Prebiotics), Application (Growing-up Milk,
Standard Infant Formula, Follow-on Formula, Specialty), Form, Source,
Region-Global Forecast to 2025″, is estimated USD 16.7 billion in 2019 and
is projected to reach USD 25.5 billion by 2025, driven by its increasing demand
from the developing Asia Pacific region. Urbanization has enabled mothers in
this region to join workforce post giving birth, creating demand for infant
formula and thus driving the demand for infant formula ingredients.
Additionally, some mothers unable to lactate; in such cases, infant formula is
the most suited alternative available in the market. Several key food companies
offer infant formula. Of these, Nestlé S.A. (Switzerland) stands among the most
renowned. Apart from this, infant formula ingredients companies are involved in
R&D, to come up with suitable ingredients as per the requirements of
consumers.
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Formula Ingredients Market”
165 – Tables
41 – Figures
188 – Pages
The prebiotics
segment is projected to be the fastest-growing in the infant formula
ingredients market during the forecast period.
Usage of prebiotic ingredients in infant nutrition aids
infant to overcome infections by providing health benefits. These include
resisting gastrointestinal problems, building immunity, supporting increased
mineral absorption, and lowering the tendency to become obese. Prebiotic
ingredients used in infant formula include fructooligosaccharides,
galactooligosaccharides, lactulose, polydextrose, and inulin. Boost in sales
for infant formulas in the years to come will directly increase demand for
infant formula ingredients. Asia Pacific is likely to exhibit high growth
opportunities for infant formula manufacturers in the future owing to the
adaptation of a fast-paced urbanized lifestyle urging women to join workforce
post-delivery.
The protein
hydrolysate segment is projected to record the fastest growth during the
forecast period.
Babies who are intolerant to both cow’s milk and soy-based
formulas are given protein hydrolysate infant formula ingredients. These
ingredients are obtained either through plant-based or animal-based sources.
Some of the protein hydrolyzed based infant formula products include Enfamil
Gentlease and Similac Sensitive. Several infant formula ingredients
manufacturers are involved in R & D, to come up with ingredients as per the
consumers demand, increasing sales of infant formula ingredients in the coming
years derived from protein hydrolysate and other sources in the coming years.
The liquid &
semi-liquid segment is projected to record the fastest growth during the
forecast period.
Oils & fats are the most widely used liquid and
semi-liquid ingredients for manufacturing infant formula. The liquid &
semi-liquid segment is expected to exhibit high growth prospects in Asia
Pacific. In Japan, liquid infant formulas are preferred owing to their
convenience in emergencies such as natural disasters that frequently occur in
the country.
The growing-up formula (12 months & above) segment is
projected to record the fastest growth during the forecast period.
The growing-up milk (12 months & above) contains
calcium, vitamin D, and iron, and mostly serves as a part of a balanced diet
for infants. Given during the transition phase from infant nutrition to family
food, manufacturers offering infant formula for this particular age group are
expected to witness high growth prospects, especially from Asia Pacific.
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Asia Pacific is
projected to be the fastest-growing during the forecast period.
Asia Pacific infant formula ingredients market is projected
to be the fastest-growing during the forecast period. Countries such as China,
Japan, and South Korea are expected to be key revenue generators during the
next few years. The region has seen a rapid transformation in terms of
urbanization. This has enabled women to join workforce post-delivery, making
infant formula the only nearest substitute to breast milk for infants. Apart
from this, China remains a key market for infant formula ingredient manufacturers
as the country has one of the highest numbers of births at the global level.
The country relies on imported infant formulas from European countries.
This report includes a study of marketing and development
strategies along with the product portfolios of leading companies in the sodium
hypophosphite market. It consists of the profiles of leading companies such as
AAK AB (Sweden), Fonterra Co-operative Group Limited (New Zealand), Carbery
Food Ingredients Limited (Ireland), Royal Friesland Campina N.V. (Netherlands),
Sachsenmilch Leppersdorf GmbH (Germany), BASF SE (Germany), Koninklijke DSM
N.V. (Netherlands), Arla Foods amba (Denmark), Chr. Hansen Holdings A/S
(Denmark), Kerry Group plc (Ireland), Lactalis Ingredients (France), Glanbia
plc (Ireland), and Vitablend Nederland B.V. (Netherlands).
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