Infant Formula Ingredients Market to Showcase Continued Growth in the Coming Years

“MarketsandMarkets™”
The infant formula ingredients market is estimated to be valued at USD 16.7 billion in 2019 and is projected to reach USD 25.5 billion by 2025, at a CAGR of 7.3%

The infant formula ingredients market is estimated to be valued at USD 16.7 billion in 2019 and is projected to grow at a CAGR of 7.3% from 2019, to reach a value of USD 25.5 billion by 2025. Rise in the number of women joining workforce post giving birth, the inability of mothers to lactate, and parents seeking additional sources of nutrition for their babies are among the key factors expected to boost sales of infant formula ingredients in the years to come. Apart from this, infant formula ingredients manufacturers have invested in R&D, which is further expected to drive the growth of the infant formula ingredients industry in the years to come.

Infant Formula Ingredients Market

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198132825

Extensive R & D by companies operating in the infant formula market

Manufacturers involved in the infant formula ingredients market are consistently engaged in R&D to develop ingredients as per consumer’s expectations. In 2019, Nestlé (Switzerland), opened a new R&D center in Ireland. The company made an investment of USD 30.0 million for the same. The center will focus on developing products for infant nutrition. Arla Foods amba (Denmark), made an investment of USD 0.66 million for a project focusing on infant formula. The project investigated whether a diet with bioactive milk ingredients protects against gut inflammation which is of enormous relevance to improve infant formula. BASF (Germany) and GlycoSyn (US) formed a partnership with a focus on the area of infant nutrition. It involved the development and commercialization of human milk oligosaccharides (HMOs). In 2019, BASF launched its first HMO, PREBILAC 2’-FL for the infant nutrition market. Thus, the market is highly competitive, with a large number of key players involved. Most of these players are expanding their base in the market owing to its increased demand from various countries.

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).

Fonterra Co-operative Group Limited (New Zealand) is one of the leading players in the dairy nutrition industry. It is a co-operative consisting of 10,500 farmers, who have expertise in the dairy industry. The co-operative offers various ingredient products, such as whole, skim, milk powders, whey concentrates, proteins concentrates, isolates, and blends, among others. The company operates through three segments, namely ingredients, food service, and consumer. Out of this, ingredients is the largest segment for the company and infant formula ingredients comes under this. It offers ingredients for infant formulas through its subsidiary, NZMP (New Zealand), a global dairy ingredients brand of Fonterra. The company has a significant presence in Asia-Pacific and South America.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=198132825

Royal Friesland Campina N.V. (The Netherlands) is one of the world’s largest dairy companies and was formed as a merger between Royal Friesland Foods and Campina in 2008. It manufactures and sells products, such as dairy beverages, infant nutrition, cheese, and other desserts, and also exports its dairy products worldwide. Its customers include bakeries and catering companies; its infant nutrition ingredients and semi-finished goods are supplied to infant formula manufacturers, food manufacturers, and the pharmaceutical sector. The company operates through four business segments – consumer dairy, dairy essentials, ingredients, and specialized nutrition. The infant formula ingredient segment falls under the ingredient business of the company. It has offices in 33 countries and presence in Europe, Asia-Pacific, and Africa.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/infant-formula-ingredients-market-198132825.html