Asia-Pacific Baby Infant Formula Market Value to Cross USD 26.8 Billion by 2026

As per the report published by Allied Market Research, the Asia-Pacific baby infant formula industry garnered $11.4 billion in 2017, and is expected to reach $26.8 billion by 2026, with a CAGR of 9.8% from 2019 to 2026. The report provides comprehensive analyses of the top investment pockets, key drivers & opportunities, major market segments, and competitive landscape.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/6283

Innovative packaging to influence buying behavior, rise in disposable income, and increase in awareness toward adequate nutrition have propelled the growth of the Asia-Pacific baby infant formula market. In addition, busy consumer lifestyle has fueled the growth of the market. However, surge in breastfeeding due to government initiatives impedes the growth of the market to certain extent. Moreover, the surge in preference for organic infant formula food, rise in use of goat milk in baby infant formula, and addition of prebiotic and probiotics in infant food are expected to offer numerous opportunities in the near future.

𝗧𝗼𝗽 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱:

Abbott,
Arla Foods Amba,
Campbell Soups,
Dana Dairy Group Ltd.,
Danone,
Nestle S.A.,
Reckitt Benckiser (Mead Johnson & Company LLC),
Perrigo Company Plc,
Heinz Baby, and Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF).

𝗕𝘂𝘆 𝗡𝗼𝘄 & 𝗚𝗲𝘁 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 : https://www.alliedmarketresearch.com/checkout-final/3e2b7e02b854e69bd45d9a96ed60b9df

The significant factor that influences a child development and growth is nutrition. Infant formula is produced for feeding babies and infants, which are under 12 months of age. Infant formula facilitates healthy growth & development of babies, improves cognitive performance and development, prevents them from allergies, and increases gastrointestinal health & immunity.

The Asia-Pacific baby infant formula market is segmented into type, ingredient, distribution channel, and region. Based on type, the market is categorized into infant milk, follow-on-milk, specialty baby milk, and growing-up milk. The infant milk segment accounted for the largest market share in 2017, contributing to nearly three-fifths of the total market share. However, the growing-up milk segment is expected to portray the fastest CAGR of 10.9% from 2019 to 2026.

𝗞𝗘𝗬 𝗙𝗜𝗡𝗗𝗜𝗡𝗚𝗦 𝗢𝗙 𝗧𝗛𝗘 𝗦𝗧𝗨𝗗𝗬

-> On the basis of type, the infant milk segment dominated the Asia-Pacific baby infant formula market in 2017, and is expected to retain its dominance throughout the forecast period.
-> Depending on ingredient, the carbohydrate segment accounted for highest share in the Asia-Pacific baby infant formula market analysis in 2018, and is projected to grow at a CAGR of 9.8% from 2019 to 2026.
-> By distribution channel, the hypermarket segment was the major shareholder during the Asia-Pacific baby infant formula forecast period, and is projected to register a CAGR of 9.5% from 2019 to 2026.
-> Country wise, China exhibited the highest growth in the Asia-Pacific baby infant formula market share in 2017, and is expected to continue this trend during the forecast period.

𝗚𝗲𝘁 𝗬𝗼𝘂𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱: https://www.alliedmarketresearch.com/request-for-customization/6283

Continuous innovation in product functionality along with coherent strategies such as tailored packaging, which reflect the healthy ingredients of the baby food products allow major players in the Asia-Pacific baby infant formula market to sustain in the consumer-centric market. Moreover, attractive and convenient packaging acts as a key selling point for leading manufacturers. As a result, prominent players in the Asia-Pacific baby infant formula market have introduced baby food in a variety of packaging formats, including, but not limited to stand up pouches, glass & plastic containers, and cans.

𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝘀𝘁𝘂𝗱𝗶𝗲𝘀 𝗽𝘂𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗯𝘆 𝗔𝗠𝗥 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵:

Baby Drinks Market - https://www.alliedmarketresearch.com/baby-drinks-market

U.S. Baby Infant Formula Market - https://www.alliedmarketresearch.com/us-baby-infant-formula-market-A10849

A2 Milk Market - https://www.alliedmarketresearch.com/a2-milk-market-A06359

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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