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 USD 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.
Infants need a proper diet rich in vitamins and minerals to promote healthy postnatal growth and lower newborn morbidity and mortality. Consequently, to meet their dietary needs, newborns are fed a high-nutrient meal premix. The phrase “infant nutrition” encompasses a wide range of items designed for the nutritional needs of babies and infants.
The use of newborn nutritional premixes containing organic foods, probiotics, vitamins, and amino acids is spreading throughout the globe as more people become aware of their advantages.
Over the projected period, the infant nutritional premix market is expected to be driven by rising demand for purified protein-based newborn nutritional premixes, rising investment by major players to produce high-quality infant nutritional premixes, and rising innovation in infant nutritional premixes.
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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”.-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).
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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