Global Infant Formula Market Size to Record USD 85.3 Billion by 2030

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Sep 2022
Global Infant Formula Market Size to Record USD
85.3 Billion by 2030
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Infant Formula Market Analysis

• Globally, the infant formula industry size is
  expected to surpass USD 85,306.5 million by 2028.
  Discussed below are some of the current market
  trends to look out for.
• Growing cases of malnutrition among infants,
  especially during the COVID-19 pandemic, will
  influence the infant formula industry trends,
  cites the report. Nearly half of the deaths in
  children under 5 years of age are due to
  undernutrition, which can lead to common
  infections, increase their severity, and delay
  recovery.

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• The most evident drivers for the infant formula
  market include a rising global demand for organic
  food and nutritious formulas for kids. An
  increased number of working moms are opting for
  baby food as breastfeeding is not always
  possible, depending on busy lifestyle or health
  conditions of the mother. Most of the formula
  companies are focusing on developing
  nutrient-rich supplements for kids with a surging
  focus of parents toward healthy upbringing.

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Market Overview
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Key Players - Infant Formula Market

• Mead Johnson (Rickett Benckiser)
• Nestle S.A.
• Nutricia (Danone)
• Perrigo Nutritionals
• Abbott
• Hero Nutritionals Inc
• Bellamy's Organic
• Bubs Australia ltd
• Hipp
• Arla Foods

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_at_ https//www.gminsights.com/industry-analysis/inf
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