Monday, July 27, 2020

Preference for the Nutritious Food Expected to Drive Baby Infant Food Over the Forecast Period: Ken Research

The Baby infant formula consists of infant milk, specialty designed baby milk, and milk type designed for the consumption of infants and toddlers. Infant milk further consists of the necessary nutrients, minerals, and vitamins for the overall development of the baby and little kids. Moreover, the Physicians now recommend infant formula as an alternative to the breast milk feed.  As infant formula permits and adds conveniences which can be fed over anywhere and at any instance, further adding to ease to working mothers. The working mothers may return to their jobs shortly after giving birth as these infant formulae can be fed at ease and provides a healthy and nutritious option. The infant formula here refers to the food for the diet of a small baby solely being fed to the infants, based on the fact that these infant formulae simulate the nutritious properties for the human milk or serving as a complete or the partial substitute of human milk. It also contains vitamins and nutrients that prevent the disease such as anemia caused by lack of Iron. Moreover, there are various types of infant formula are further supplemented with the probiotic called Bifidobacterium Lactis, preventing the disease such as diarrhea, ease colic, and lowering the risk of food allergies.
According to study “Asia-Pacific Baby Infant Formula Market by Type (Infant Milk, Follow-on Milk, Specialty Baby Milk, and Growing-up Milk), Ingredient (Carbohydrate, Fat, Protein, Minerals, Vitamins, and Others), and Distribution Channel (Hypermarket, Supermarket, PharmacyMedical Stores, Specialty Stores, Hard Discounter Store, E-commerce, and Others) Asia-Pacific Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key players include Abbott, Reckitt Benckiser (Mead Johnson & Company LLC), Perrigo Company Plc., Arla Foods Amba, Campbell Soups, Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), Dana Dairy Group Ltd., Danone, Nestle S.A., Heinz Baby.
Rise in awareness over the consumers has further led to a rise in preference for organic baby food products. Nowadays manufacturers for baby infant formula foods are taking care and avoiding the ingredients such as added sugar, sodium, and other preservatives. However, concerns related to food safety and decline may impact market growth over the forecast period. The rise in the number of working women, majorly preferring infant milk for their babies, as feeding by mother is not always a feasible option. Moreover, many working women intend to resume their work after giving birth, which makes them look for options such as infant milk, for feeding their child. Moreover, the rise in the middle earning group population in the emerging economies further significantly has contributed towards the significant rise of the market, owing to high purchasing power and affordability for spending on their children. In addition, rapid urbanization has further led to a change in the lifestyle and living type of people.
The Asia-Pacific baby infant formula market is further segmented as type, distribution channel, ingredient, and the country. By type, the market is further analyzed into follow-on-milk, specialty baby milk, infant milk, and growing-up milk. Based on the ingredient, the market is further segmented into carbohydrates, fat, vitamins, protein, minerals, and others.
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Ken Research
Ankur Gupta, Head Marketing & Communications
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