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North America Infant Formula Milk Powder Market By Distribution Channel (specialty Stores, Supermarkets, Hypermarkets) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2023 to 2028

Published: March, 2023
ID: 4708
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Infant Formula Milk Powder Market Size, Share, Growth (2023-2028)

North America Infant Formula Milk Powder Market was valued at US$ XX billion in 2023 and is predicted to grow at US$ XX billion by 2028 with an increasing CAGR of XX% during 2023-2028.

North America Infant Formula Milk Powder Market Scenario:

Formula milk powder for infants is carefully made for a baby's nutrition and is usually provided in powder form. It contains a variety of minerals and nutrients that are essential for a child's early development. When mixed with milk powder, these formulas provide important nutrition for the baby's entire development. Premature newborns and those who require extra energy benefit greatly from this sort of milk powder. Powdered and semi-liquid infant formula milk powders are available. Soy, protein hydrolysates, minerals, prebiotics, carbs, lipids and oils, vitamins, probiotics, emulsifiers, and nucleotides are some of the ingredients used in infant formula milk powder.A busy lifestyle has emerged due to the growing number of women in employment. Working women cannot feed their children due to a lack of time. The baby's health is jeopardized due to the baby's inability to meet his or her nutritional needs. Infant formula milk granules come in handy in this situation. As a result, during the projected period, this element may prove to be a substantial growth generator for the infant formula milk powder market.

Recent Development: 

  • Danone has announced the debut of the first ever pre-measured tab format formula milk in the United Kingdom. Danone is introducing this new format in the UK in response to parents' requests for greater convenience and ease while giving their children formula milk.

  • Zydus Wellness, a subsidiary of the Ahmedabad-based Zydus group, announced today that it will purchase Heinz India, which is recognized for products such as Complan, Glucon D, Nycil, and Sampriti Ghee.

North America Infant Formula Milk Powder Market Drivers and Restraints:

The newborn formula milk powder industry companies are also benefiting from appealing advertising campaigns and a strong social media presence. Furthermore, players adjust their strategy in response to changing market circumstances. As a result, all of these factors point to a bright future for the North America infant formula milk powder market during the forecast period. The infant formula milk powder business is extremely competitive, with a huge number of companies vying for a top spot. The competitors in the infant formula milk powder market are engaged in research and development activities to come up with unique formulations that improve the nutritional content of the goods. The players are able to ramp up their research and development operations because of investments from various corporations and conglomerates.

Parents are becoming increasingly conscious of the importance of proper nutrition in a child's overall development and growth. As a result, they're gravitating for protein-, vitamin-, mineral-, and carbohydrate-rich baby food and infant formula. The majority of these items come in powdered form, which can be blended with water or milk. Aside from that, producers are providing organic, premium, and minimally processed baby food and infant formula versions to improve sales as customer awareness grows, which further raises the North America infant formula market growth during the forecast period. Moms who are unable to provide milk to their children can use baby milk powder, which provides the most significant benefits to their infants. In any case, infant formula milk powder lacks the substantial antibodies breast milk produces, which help babies fight off various bacterial contaminations.

Furthermore, infant formula milk powder items are often expensive and cannot be substituted for mother's milk, posing a challenge to the North America infant formula milk powder industry.

North America Infant Formula Milk Powder Market Segmentation:

By Type:

  • Wet Process Type

  • Dry Process Type

  • Wet-Dry Composite Type

Based on type, wet process type is anticipated to dominate the North America infant formula milk powder market growth during the forecast period. Wet-mixing is the most typical method for producing powdered baby milk, and it consists of three basic stages: mix preparation, evaporation, and drying. The liquid is hydrated and ready for evaporation when the ingredients are mixed (adding milk protein). The spray drying is then followed by the homogenized concentrated milk combination. The preparation method entails using microcapsule technology to embed vitamins, minerals, vegetable oil, and oils in other nutrients; uniformly mixing the embedded vitamin powder, embedded mineral powder, embedded oil nutrient powder, and other nutrients with a concentration of less than 5% to obtain a mixture.

By Application:

  • First Class(0-6 months)

  • Second Class(6-12 months)

  • Third Class(12-24 months)

In the North America infant formula milk powder market, the 6 to 12 month age group has the largest market share. After 6 months, an infant can no longer rely solely on the energy and nutrients provided by breast milk, which is when the potential of baby drinking products including milk powder comes into play. The infant's growth is hampered if supplementary nutrients such as baby drinks and baby food are not offered. Parents are still unaware of this reality, and businesses can capitalize on it to advertise their products.

Regional Analysis

The North America Infant Formula Milk Powder Market Report includes the segmentation of countries:

  • U.S

  • Canada

  • Mexico

  • Rest of North America

The growing participation of women in the labor sector in the United States is one of the primary factors driving the growth of the infant formula milk powder market in North America region. Working women, for example, have climbed from 57.1 percent in 2018 to 57.5 percent in 2020, according to the United States Bureau of Statistics. The rise of the North America infant formula milk powder market is being fueled by the changing lifestyles of the middle-class population as a result of growing urbanization and rising disposable income. Another element fueling the U.S. infant formula milk powder industry is the perception that baby infant formulae are high in nutrients and complements the baby's growth. Furthermore, rising consumer health awareness in the United States is driving up demand for baby infant formula.

Impact of COVID-19 on North America Infant Formula Milk Powder Market:

The COVID-19 epidemic had a favorable impact on the baby infant formula business in the United States. Baby formula is a necessary commodity, and demand spiked in the United States during the lockdowns due to panic buying for at-home use during the early stages of the epidemic. During the lockup period, the emergence of internet platforms such as telemedicine and e-commerce considerably helped to revenue generation in the U.S. baby infant formula business. Consumers have become more health concerned in recent years, preferring minimally processed foods and natural drinks for their children.

As a result, manufacturers in the U.S. baby infant formula industry should expect new prospects from baby infant formula free of added sugar, sodium, and preservatives. Furthermore, manufacturers are emphasizing organic content by eliminating genetically modified substances (GMOs), industrial pesticides, and fertilizers from cow feed. As a result, the milk used in the baby infant formula is organically certified. As a result, during the forecast period, a movement in consumer preference toward organic food and drink is expected to provide lucrative prospects for the expansion of the infant formula milk powder market in North America.

North America Infant Formula Milk Powder Market Key Players

The companies covered in the report:

  1. Mead Johnson

  2. Nestle                          

  3. Danone                       

  4. Abbott                     

  5. Frieslandcampina                  

  6. Heinz                            

  7. Bellamy                       

  8. Topfer                         

  9. Hipp                              

  10. Perrigo     

 

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