Global Hypoallergenic Infant Formula (CMPA Market) Size and Forecast To 2030
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Product Code:
RP-ID-10060173 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
103 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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The global infant formula market size in 2018 is estimated to be USD 20.4 billion, and is expected to grow at a compound annual growth rate of 9.6% during the forecast period from 2019 to 2025. The growth of the industry is mainly driven by more and more professional women in middle-class families in various regions, including North America, Asia Pacific, and Central and South America. The increase in consumption of protein as an ingredient in various applications (such as growing milk and special formula milk powder) is expected to increase the overall demand for infant formula ingredients in the next few years. Among the ingredients of infant formula milk powder, protein is used to make alternative hypoallergenic protein foods for infants with milk allergy, celiac disease and gluten intolerance. The market contains a wide range of products, from all kinds of baby food to infant formula. The demand for these products mainly appears in mature markets such as the United States, the United Kingdom, and Japan. The growth of the industry has benefited from the continuous influx of consumers and the increase in the female labor force.
In addition, the protein component in infant formula milk powder is usually made of powder or liquid solution for feeding in bottles or cups. They are made for babies only because they mimic breast milk or they are suitable as a partial or full substitute for breast milk. Infant formula contains protein, carbohydrate and fat components, which are necessary to provide the macronutrients and energy needed by infants. Protein as an ingredient part comes in different forms, including powders, ready-to-use preparations or concentrated liquids, which are then mixed with other liquids (such as milk). Various animal protein ingredients, including whey or casein, are used to design infant nutrition products that are suitable for infant metabolism and intestinal needs; however, plant proteins such as soy are increasingly used to produce specifically for hereditary lactase deficiency Products designed for infants with galactosemia and galactosemia are expected to benefit the overall market growth in the next few years.
SOURCE INFORMATION:
According to the source, the industry is divided into milk, soybeans, protein hydrolysates, etc. The milk part is used on a large scale in North America and Europe because it is considered a cost-effective production process and milk-based ingredients are available in batches. In addition, most infant formula manufacturers use such ingredients, including Mead Johnson, LLC, Abbott Laboratories, and Nestlé. The protein hydrolysate segment market is expected to experience the fastest growth during the forecast period. The use of this product on the market to improve amino acid absorption and obtain the best nutritional value from protein hydrolysates is expected to have a positive impact on market growth. The size is larger than the soy and milk-based formula. Protein hydrolysate formulas are generally suitable for infants who have difficulty eating milk or soy-based formulas. These can also help in certain malabsorption situations. Babies consume soy protein-based formula milk mainly in the United States and Canada. Infants with milk allergy or complete protein intolerance consume soy hydrolysates and protein products, while infants who cannot tolerate milk protein preparations, soy protein isolates or casein hydrolysates consume amino acid preparations.
COMPOSITION INFORMATION:
According to the composition, the market is divided into oils and fats, carbohydrates, proteins, prebiotics, vitamins, minerals, etc. The probiotic component of infant formula comes in different forms, such as concentrated liquids and powders, and can be mixed with other liquids (such as milk). Customized products are designed to meet the metabolic and intestinal needs of infants, which are expected to benefit the growth of this segment in the next seven years. Baby food manufacturers including FrieslandCampina and Arla Foods are expected to restrict the use of vitamin ingredients. In addition, the hazardous effects associated with fluoride due to toxicity are expected to limit its demand as an ingredient in infant formula during the forecast period. The growing middle classs consumer demand for probiotic ingredients in the form of infant formula is forcing retailers and convenience store owners to constantly strive for the relevance of product and price offerings. Most of the growth in the retail industry is expected to come from integration and mergers and acquisitions by international players. The infant formula raw material market is dominated by local players adopting new formats and using multi-channel methods. In addition, these outlets are also committed to bringing convenience to consumers and increasing sales through the use of various technologies, thereby providing convenient payment methods.
APPLICATION INFORMATION:
According to the application, the market is segmented into standard infant formula milk powder, growing-up milk, special formula milk powder and follow-up formula milk powder. It is expected that during the forecast period, the growing portion of milk will show the fastest growth. This application includes vitamin D, iron and calcium. For babies 12 months and older, adding milk during the growth period is part of a balanced diet. In the transitional phase from infant nutrition to family food, it is expected that manufacturers that provide infant formula for this specific age group will witness high growth prospects. In addition, due to the increase in product awareness, especially in emerging markets such as Japan, sales of milk applications are expected to see strong growth. Due to the retention of novel and convenient nutrients by consumers, sales in emerging markets are expected to increase. Product-rich products and growing consumer income will increase affordability. In addition, standard infant formula milk powder represents the largest part of the market. In addition to the high birth rate in emerging countries, standard infant formula is a completely acceptable alternative to breastfeeding.
REGIONAL INFORMATION:
Based on the region, North America occupies an important market share and is expected to grow significantly during the forecast period. The region is considered an outstanding regional market to meet its growing demand. Standard infant formula is expected to become one of the most promising application areas in the German market. This country appears to be the second largest producer of these preparations in Europe. Therefore, it is expected that the standard infant formula market segment will drive a large demand for this product during the forecast period. The demand for infant formula milk powder is most prominent in the Middle East, Africa and the Asia-Pacific region, and the country’s retail industry is rapidly expanding. Increasing exposure to foreign or Western lifestyles has made significant contributions to the markets of Middle Eastern countries such as Saudi Arabia. However, the infant formula market segment has not yet reached its full potential in the Middle East. In addition, in view of low manufacturing costs and sufficient supply of raw materials, manufacturers are moving their production bases from developed countries to countries in the Asia-Pacific region, especially Japan and Australia. material. In turn, this may drive market growth in the next few years.
INFANT FORMULA MILK POWDER MARKET SHARE INFORMATION:
The industry is extremely aggressive, and the company engages in activities including strategic alliances, capital expansion, and regular mergers and acquisitions. The main players focus on expanding the industrys total share and productivity through technological innovation. Major companies on the market include Co-operative Group Limited, AAK AB, Royal Friesland Campina NV, Food Ingredients Co., Ltd., Glanbia plc, BASF SE, Koninklijke DSM NV, Sachsenmilch Leppersdorf GmbH, Chr. Hansen Holdings A / S, Arla Foods, Lactalis Ingredients, Kerry Group plc and Vitablend Nederland BV USA and Canada.
MARKET SEGMENTS COVERED BY THE REPORT:
The report forecasts global, regional, and national revenue growth, and analyzes the latest industry trends in each sub-segment from 2021 to 2030. For the purpose of this research, Kenneth Research will report on the global infant formula market based on sources, ingredients, applications, and regions: Ingredient Outlook (Revenue, Million USD, 2021-2030) Oils and Fats Carbohydrates Proteins Prebiotics Vitamin Mines Outlook for Other Sources of Substances (Revenue, USD Million, 2014-2025) Milk I Am Protein Hydrolyzate Others Application Outlook.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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