Research Offers 10-Year Forecast on Infant Formula Market

Infant formulas are food products which are designed to deliver the nutritional needs to infants who are under one year old. Infant formula includes concentrated liquids, powders and ready-to-use forms. Various types of infant formulas are available for infants younger than 12 months old who do not drinking breast milk. Infant formulas vary in calorie count, taste, nutrients, ability to be digested and cost. The advantages of infant formula includes, commercially ready infant formulas can be more nutritious and more convenient alternative to breastfeeding since they even contain iron which lacks in breast milk. However, the disadvantages of infant formula are primarily their high cost and lack of maternal infection-fighting antibodies which are present in breast milk.

Infant Formula Market: Drivers and Restraints
Increasing number of malnutrition babies, growth in urbanization, increasing globalization are some of the major driver of the global infant formula market. However, rising competition in the market coupled with adverse effect of increase in commodity price and regulatory issues are factors hindering the market growth. Growing demand for organic baby food is the major trend in the global infant formula market.

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Infant Formula Market: Segmentation
The global infant formula is segmented on the basis of type, form and region. On the basis of type the global infant formula market is segmented into cow’s milk formula, soy-based formula, lactose free formula and protein hydrolysate formula. Further, on the basis of form the infant formula market is segmented into powdered formula, concentrated liquid formula and ready-to-use formula. Lastly, on the basis of region the market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East and Africa.

Infant Formula Market: Regional Overview
Globally, North...