Published on : Jun 14, 2021
Albany, New York, June 14, 2021: In recent years, the global infant nutrition market has been witnessing healthy growth rate. Growth of the target market is attributed to growing number of female workforce in developed and developing countries, which in turn is boosting the adoption of convenience e-oriented lifestyle. Hence, demand for infant nutrition food such as prepared baby food and baby formula is rising radically. Further, the growing urbanization along with increase in the disposable income among middle class population is escalating the growth of the global infant nutrition market.
As per market analysts, the per capita income is projected to double rapidly in developing countries when compared to developed countries. This, in turn, is projected to influence the global infant nutrition market in the forthcoming years.
The newly added report in the repository of RMoz database titled “Impact of COVID-19 Outbreak on Infant Nutrition, Global Market Research Report 2020” provides details of factors that will be influencing the infant nutrition market in forthcoming years.
The research report has shed light upon drivers, trends, and restraining factors that will help to shape up the market. Another area of focus of the report includes upcoming opportunities and competitive landscape of the smart wearable healthcare devices market.
Composed of 117 pages, the smart wearable healthcare devices market report is presented in a chapter-wise format. Each chapter discusses different aspects of the market. The report includes an exhaustive array of graphs and pictorial representations to depict growth trends pictorially.
The preparation of the report involved an extensive research phase. Analysts reached out to experts and researchers from nutrition and medical fraternity to understand various dimensions shaping the global infant nutrition market in the forthcoming years.
Organic Product Segment Gaining Wide Consumer Traction
Meanwhile, rising awareness regarding the benefits of organic products on health of baby is gaining wide consumer traction. As a result, organic based infant nutrition is emerging as one of the fastest growing segment in recent time.
In addition, shift in the purchase trend of consumers is paving huge growth opportunities for organic baby food sector. Further, demand for organic and clean labelled have been rising due to rising consciousness regarding health among consumers. Thus, rise in demand for organic and natural food products is also witnessed in recent years, which in turn is creating tremendous growth opportunities for the stakeholders in the market.
On the other hand, low birth rate and strict regulations for quality check by government bodies and food safety regulatory bodies are likely to limit use of certain ingredients in baby food. These factors are likely to restrict growth of the global infant nutrition market.
Nevertheless, global brands are making an effort to use innovative ingredients in the infant formula in order to provide specific health benefits.
Some of the key players operating in the global infant nutrition market are Abbott, Arla Foods Amba, Campbell Soups, Dana Dairy Group Ltd., Danone, Nestle S.A., Reckitt Benckise (Mead Johnson & Company LLC), Perrigo Company Plc, Heinz Baby, and Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF).
Get Sample PDF (including COVID19 Impact Analysis, full TOC, Tables and Figures) of Market Report @ https://www.researchmoz.us/enquiry.php?type=S&repid=2682190
Pandemic COVID-19 Restraining Reach of Raw Materials
Meanwhile, outbreak of pandemic COVID-19 has impacted infant nutrition market. The demand for nutritious bay formula has increased radically in order to boost immunity of infant. This is likely to influence the target market. On the other hand, due to statewide lockdown, raw materials for production of the infant nutrition is affected. This in turn is hindering expansion of the global market.