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Jan. 21, 2020, 4:55 a.m. EST

Infant Formula Market 2020 Size, Share, Latest Trends Growth factors and Forecast 2026 | Fortune Business Insights™

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Jan 21, 2020 (The Expresswire) -- Key Companies Covered in Infant Formula Market Report are Nestle S.A., Danone SA, Abbott, Arla Foods amba, Yili Group, The Kraft Heinz Company, Bellamy's Organic and more

Despite a decrease in birth rates, infant milk formula is gaining huge attention primarily owing to the increase in working women population. As per the report, the global Infant Formula Market was valued at USD 45.12 Billion in 2018 and is anticipated to surpass USD 103 Billion by 2026. Introduction of innovative packaging, premiumization, new changes in ingredient mix are driving the Baby infant formula market growth. This, coupled with the delivery of effective communication on product offerings, is expected to benefit the long-term growth of the market.

List of prominent companies that are operating in the global Infant Formula Market are:

  • Nestle S.A.

  • Danone SA

  • Abbott

  • Arla Foods amba

  • Yili Group

  • The Kraft Heinz Company

  • Bellamy's Organic

  • Perrigo Company plc

  • Reckitt Benckiser Group plc.

  • Royal FrieslandCampina N.V

Rising awareness about the nutritional benefits of infant baby products is spurring growth in the global Baby Infant Formula Market. This shows that the demand for infant nutrition products will increase, with manufacturers embarking on designing the formulations that closely replicates the composition of breast milk.

Browse Report Summary:

https://www.fortunebusinessinsights.com/industry-reports/infant-formula-market-101498

Of these, companies such as Danone SA, Nestle S.A., and Abbott are leading the market owing to their product portfolio. Other companies are also putting constant efforts to strengthen their position in the infant formula manufacturers. Some go the developments marked by the report are:

The report sheds light on the detailed evaluation of the market based on segments, competitive landscape, and dynamics. Furthermore, the report offers detailed information on the important facets of the market which include drivers, restraints, opportunities, trends, and threats. The information collated in the report has been taken from several primary and secondary sources.

Fortune Business Insights in a new study, titled “Infant Formula Market Size, Share and Industry Analysis, By Type (Infant Milk, Follow-on-Milk, Others), Distribution Channel (Hypermarkets/ Supermarkets, Pharmacy/ Medical Stores, Specialty Stores, Others), and Regional Forecast, 2019-2026” states that the global market is anticipated to report a remarkable CAGR of 10.85% during the forecast period.

Major Segmentation includes;

By Type

  • Infant Milk

  • Follow-on-Milk

  • Others

By Distribution Channel

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