According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Infant Nutritional Premix are estimated to reach a value of US$ 370 billion by 2032, surging at 4.0 % CAGR through the decade.
Over the course of the projected period, a significant increase in demand is anticipated for infant nutritional premix. The necessity for quick and nourishing baby nutrition has increased because to the massive migration of working mothers into metropolitan regions. Consumers now consider infant food to be a good substitute for nursing since they are aware of its possible health benefits.
To support good postnatal growth and to reduce newborn morbidity and death, infants require an appropriate vitamin and mineral intake. As a result, babies are provided a high-nutrient food premix to suit their nutritional requirements. Infant nutrition is a broad term that refers to a variety of infant nutrition products for babies and infants.
Newborn nutritional premixes made with organic foods, probiotics, vitamins, and amino acids are becoming increasingly commonly utilised around the world as awareness of their benefits grows.
Increased demand for purified protein-based newborn nutritional premixes, increased investment by key players to create high-quality infant nutritional premixes, and increased innovation in infant nutritional premixes are likely to propel the Infant Nutritional Premix Market over the projection period.
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Key Takeaways from Market Study
- Because of the existence of key market players and a high consumption rate, the United States will control over 36% of the global market throughout the projection period.
- Vitamin-based infant nutrition premix contributed for roughly a third of the entire market share in 2021, and it is predicted to expand at a rate of more than 5% over the following ten years.
- The growing desire for homemade, fresh, organic baby food, are driving the market for infant nutritional premixes in China.
- Market players are experimenting with new ways to handle, package, and technical development.
“ Leading organisations around the world are focusing on customising vitamin and mineral premixes, which is propelling the market of Infant Nutritional Premix even further”.- says Nandini Roy Choudhury, Client Partner at Future Market Insights
Competitive Landscape
Infant Nutritional Premix have a strongly competitive global market. Leading companies are experimenting with new marketing approaches, opening new retail locations, technological advancements, and mergers and acquisitions.
Some of the leading companies offering Infant Nutritional Premix are Koninklijke DSM N.V, Hexagon Nutrition Pvt. Ltd., Vaneeghan International B.V, SternVitamin GmbH & Co. AG, BASF SE , Lycored Limited, Watson Inc., Fenchem Biotek Limited, Farbest Brands, Glanbia Plc., Jubilant Life Sciences, Prinova Group LLC, Barentz International B.V, Vitablend Nederland B.V, ADM.
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the Infant Nutritional Premix presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the Infant Nutritional Premix based on Form (Powder, Liquid), Ingredient (Nucleotides, Vitamins, Minerals, Amino Acids), Function (Immunity,Bone Health, Digestion, Vision Health, Brain Health & Memory) ,Distribution Channel ( Pharmacy Stores, Supermarkets, Specialty Outlets , , Online channel), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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