The report infant
formula ingredients market is estimated 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.
Key Market Players:
The key players in global infant formula ingredients market
include 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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Scope of the report:
Based on Type, the
market has been segmented as follows:
• Carbohydrates
• Fats
& Oils
• Proteins
• Vitamins
• Minerals
• Prebiotics
• Others
(Probiotics, Nucleotides, and Emulsifiers)
Based on the Source,
the market has been segmented as follows:
• Cow Milk
• Soy
• Protein
hydrolysates
• Others
(Goat milk and camel milk)
Based on Application,
the market for infant formula ingredients has been segmented as follows:
• Growing-Up
Milk (Infants over 12 months)
• Standard
Infant Formula (0–6-month-old infants)
• Follow-On
Formula (6–12 month-old infants)
• Specialty
Formula
Based on the Form,
the market for infant formula ingredients has been segmented as follows:
• Powder
• Liquid
& semi-liquid
Based on the Region,
the market has been segmented as follows:
• North
America
• Europe
• Asia
Pacific
• Rest of
the World (RoW) (South America and the Middle East & Africa)
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.
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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.
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.
