Industry Analysis
According to Data Bridge Market Research, the prebiotics for infant formula market is anticipated to exhibit significant growth between 2020 and 2027, with a projected Compound Annual Growth Rate (CAGR) of 6.7%. The market is expected to reach USD 1,761.92 million by 2027. The growth of the infant formula market, fueled by an increase in the number of infants, is a key driver of this growth.
Prebiotics for Infant Formula Market analysis report figures out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behavior so that the business can stand high in the crowd. It includes extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. This market report comprises of data that can be pretty essential when it comes to dominating the market or making a mark in the Food and Beverage industry as a new emergent. To bestow clients with the best results, Data bridge market research document is produced by using integrated approaches and latest technology.
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Market Insights and Scope
The market growth of prebiotics-based infant formula products is expected to accelerate due to an increase in their availability compared to previous years. This increase is being driven by a rise in the number of preterm babies who require prebiotics for their formula. In the United States, for example, there has been an increase in premature births from 9.6% in 2015 to 9.9% in 2017. This trend in developed countries such as the U.S. is creating a greater demand for infant nutrition, which is further driving market growth.
An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Food and Beverage industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.
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Industry Segmentation and Size
Prebiotics for infant formula market is segmented on the basis of type, source, grade, form, product type and infant age. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the market is segmented into human milk oligosaccharides (HMOS), galactooligosaccharides (GOS), fructooligosaccharides (FOS), mannan-oligosaccharides (MOS), polydextrose (PDX), lactulose (LOS), and inulin.
On the basis of source, the market is segmented into bacteria, algae, fungi, plants & vegetables and others. Plants & vegetables are dominating the market as it offers taste advantages over other sources namely algae, fungi, bacteria and others.
On the basis of grade, the market is segmented into inorganic and organic. Inorganic prebiotics for infant formula is dominating the market due to the prebiotics itself is considered to be costly or non-affordable products for low income or mid-level income customer base due to which extra price of organic products will result in dominance of inorganic prebiotics for infant formula in the market.
On the basis of form, the market is segmented into powder and liquid. Powder is dominating the market as the production cost of powder form derived prebiotics is comparatively very less over liquid form which gives a competitive advantage for this segment in the market.
On the basis product type, the market is segmented into standard formula, special formula, follow up formula and toddler formula. The standard formula dominating the market as the standard formulations are required by the infants at age of 0-12 months due to the requirement of high nutritional composition to fulfil the demand of mother’s milk owing to growth of standard formula preferences.
On the basis of infant age, the market is segmented into 0-6 months, 6-12 months and 1-3 years. The 6-12 months segment is dominating the global prebiotics for infant formula market due to growing concern amongst the parents about the knowledge regarding infant food after six months of age is also helping the manufacturers to market the product.
Market Country Level Analysis
The countries covered in the prebiotics for infant formula market report are
• U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Belgium, Netherlands, Poland, Ireland, Austria, Russia, Hungary, Turkey, Lithuania, Norway and Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Kuwait, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina, Peru and Rest of South America as part of South America.
Industry Share Analysis
The major players covered in the report are
• Jennewein Biotechnologie GmbH, zuChem Inc., Biosynth Carbosynth, ELICITYL SA, Dextra Laboratories Limited, Glycom A/S, Tereos, Ingredion Incorporated, Royal FrieslandCampina N.V., Südzucker AG, Cargill, Incorporated., Fonterra Co-operative Group, Royal Cosun, COSUCRA, New Francisco (Yunfu City) Biotechnology Corporation Limited, Dana Dairy Group, Glycosyn LLC, DUPONT and other domestic and global players. Prebiotics for infant formula market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately.
Prebiotics for Infant Formula Market Report Answers the Following Questions:
What factors are driving the growth of the Prebiotics for Infant Formula Market?
What are the end-user industries for Prebiotics for Infant Formula Market?
How has the demand for Prebiotics for Infant Formula Market changed over time?
What is the future outlook for the Prebiotics for Infant Formula Market?
What are the major players in the Prebiotics for Infant Formula Market?
How has the COVID-19 pandemic affected the Prebiotics for Infant Formula Market?
What are the challenges faced by the Prebiotics for Infant Formula Market?
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