According to a new market report by Lucintel, the future of the infant formula ingredient market looks promising with opportunities in the growing-up milk, standard infant formula, follow-on formula, and special formula applications. The infant formula ingredient market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are growth in premium infant nutrition products, rising demand for probiotic infant formula, increasing number of working women, higher birth rates in developing regions, growing packaging innovations in infant formula, increasing demand for organic infant formula, prevalence of online shopping sites, and increasing demand for eco-friendly packaging for infant formula products.

In this market, carbohydrates, oils and fats, proteins, vitamins and minerals, prebiotics are the major product segment. Carbohydrates is the largest product segment of the infant formula ingredient market.

Powder, liquid, and semi-liquid ingredients forms are most widely used to prepare infant formula products. Powdered infant formula ingredients is the largest segment of the infant formula ingredient market.

Asia Pacific will remain the largest region over the forecast period due to the high consumption of infant formulas from emerging economies such as India and China.

Arla Foods Amba, Vitablend Nederland, Carbery Food Ingredients, Fonterra Co-Operative Group, Aarhuskarlshamn, Royal Frieslandcampina, Sachsenmilch Leppersdorf, BASF SE, Koninklijke DSM, and Chr. Hansen Holding are among the major manufacturers of infant formula ingredient market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the infant formula ingredient market by product type, application, form, source, and region. Lucintel has prepared a comprehensive research report titled " Infant Formula Ingredient Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the infant formula ingredient market by product type, application, form, source, and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024]:
• Carbohydrates
• Oils and Fats
• Proteins
• Vitamins and Minerals
• Prebiotics
• Others
By Application [$M shipment analysis for 2013 – 2024]:
• Growing-Up Milk
• Standard Infant Formula
• Follow-on Formula
• Special Formula
By Form [$M shipment analysis for 2013 – 2024]:
• Powder
• Liquid and Semi-Liquid
By Source [$M shipment analysis for 2013 – 2024]:
• Conventional
• Organic
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o India
• Rest of the World
o Brazil

This report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the infant formula ingredient market by product type (carbohydrates, oils & fats, proteins, vitamins & minerals, prebiotics, and others), application (growing-up milk, standard infant formula, follow-on formula, and special formula), form (powder and liquid & semi-liquid), source (conventional and organic), and region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the infant formula ingredient market?
Q.5 What are the business risks and threats to the infant formula ingredient market?
Q.6 What are emerging trends in this infant formula ingredient market and the reasons behind them?
Q.7 What are some changing demands of customers in the infant formula ingredient market?
Q.8 What are the new developments in the infant formula ingredient market? Which companies are leading these developments?
Q.9 Who are the major players in this infant formula ingredient market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this infant formula ingredients area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this infant formula ingredient market?