The global Proteins Infant Formula Ingredients Market size was USD 17.76 Billion in 2021 and is expected to register a revenue CAGR of 7% over the forecast period, according to the latest report by Reports and Data. Growing populations are driving the Proteins Infant Formula Ingredients Market forward due to the need for prebiotics and specific milk protein fractions.
Infant formula goods are used for babies from birth to 12 months of age. They are generally considered safe to use, and most of the products contain cow's milk as an ingredient. Increasing the percentage of probiotics, rice starch, lactose content, and hydrolyzed proteins in infant formula ingredients is one-way manufacturers are diversifying their product portfolios. The medical profession carefully researches the baby food ingredients. Formulations that encourage healthy growth in infants and provide them with adequate nutrition content are also boosting the market for new products.
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Top Companies Operating in the Global Proteins Infant Formula Ingredients Market Report:
Vitablend Nederland B.V., Arla Foods Amba, Fonterra Co-Operative Group Limited, Aarhuskarlshamn AB, Carbery Food Ingredients Limited, Sachsenmilch, Leppersdorf GmbH, Royal Frieslandcampina N.V., Koninklijke DSM N.V., BASF SE, Hansen Holding A/S.
Driving Factors of Proteins Infant Formula Ingredients Market
· Rising demand for baby food: As the population continues to grow, there is an increasing demand for baby food, particularly in developing countries. Infant formula is a convenient and nutritious alternative to breast milk, making it a popular choice for parents.
· Increasing urbanization: As more people move to cities, there is a growing need for convenient, on-the-go baby food options. Infant formula provides a portable and easy-to-use solution for parents who are always on the move.
· Growing awareness of the benefits of infant formula: As more research is conducted on infant nutrition, parents are becoming more aware of the benefits of infant formula. For example, some studies suggest that formula-fed babies may have a lower risk of certain allergies and infections.
· Rising disposable incomes: As incomes rise, parents are willing to spend more on premium baby food products, including infant formula. This has led to a growing demand for premium and organic infant formula products.
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The global Proteins Infant Formula Ingredients Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Carbohydrates
- Proteins
- Vitamins
- Fats & Oils
- Prebiotics
- Minerals
- Others (Probiotics, Nucleotides, and Emulsifiers)
Source Outlook (Revenue, USD Billion; 2019-2030)
- Cow Milk
- Protein hydrolysates
- Soy
- Others (Goat milk and camel milk)
Application Outlook (Revenue, USD Billion; 2019-2030)
- Growing-Up Milk (Infants over 12 months)
- Follow-On Formula (6–12 month-old infants)
- Standard Infant Formula (0–6-month-old infants)
- Specialty Formula
Form Outlook (Revenue, USD Billion; 2019-2030)
- Powder
- Liquid & semi-liquid
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