Published on : Mar 31, 2017
Albany, New York, March 31, 2017: A new market intelligence study has been recently added by ResearchMoz.us to its vast collection of research reports. The 110-page research report, titled “Global Baby Food and Infant Formula Market Professional Survey Report 2016,” offers a detailed analysis, emphasizing on the key growth prospects and aspects that are anticipated to impact the growth of the market in the near future. Moreover, the key segmentation and the competitive landscape of the global baby food and infant formula market have been discussed at length in the scope of the research report.
The rising concerns regarding the health of infant among parents leading to a significant rise in the adoption of the baby food and infant formula products are estimated to encourage the growth of the global market in the near future. In addition, the rising working women population and the improving lifestyle of consumers across the globe are predicted to supplement the development of the global baby food and infant formula market in the forecast period. According to these factors, this market is anticipated to exhibit a progressive growth in the next few years.
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Some of the key products in the global baby food and infant formula market are dried baby food, milk formula, and prepared baby food. Among these segments, the milk formula segment is predicted to experience a healthy growth across the forecast period. The rising awareness among consumers regarding the benefits of milk formula and the convenience of storage it offers are some of the major factors that are likely to accelerate the growth of this segment in the next few years. Furthermore, the research study provides detailed regarding the anticipated growth rate and share of each segment in order to offer a clear understanding of the overall market.
From a geographical point of view, Asia Pacific is predicted to register a progressive growth rate in the next few years. A significant rise in the number of working women and the increasing preference towards baby food and infant formula are the key factors projected to fuel the growth of this region throughout the forecast period. In addition, the favorable economic environment and the expansion of the product portfolio are anticipated to accelerate the growth of the Asia Pacific market in the near future.
Some of the leading players operating in the baby food and infant formula market across the globe are Arla, Yashili, Huishan Dairy, Abbott Laboratories, Wyeth, Heinz, Nutricia, Yili, Dumex, Nutrition Company, Hain Celestial Group, Beijing Sanyuan, Kabrita, Mead Johnson, Bright Dairy, Nestle, Wondersun, Junlebao Dairy, Mengniu Dairy, Frisobaby, Campbell Soup Company, Meiji, and Danone. The research study offers a thorough overview of the competitive landscape of the market and highlights the key business strategies that have been adopted by the leading players to earn a competitive edge.
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