Dublin, Aug. 27, 2024 (GLOBE NEWSWIRE) — The “Infant Formula Ingredients – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Infant Formula Ingredients was estimated at US$27.1 Billion in 2023 and is projected to reach US$40.5 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Infant formula ingredients are the components used to manufacture infant formula, which is designed to be a complete or partial substitute for human breast milk. These ingredients must meet strict nutritional standards to ensure they provide all necessary nutrients to support an infant’s growth and development.
Common ingredients include proteins, fats, carbohydrates, vitamins, and minerals, as well as specialty components like probiotics and prebiotics intended to support digestive health and immune function. The critical nature of these ingredients stems from their role in ensuring that infants who are not breastfed still receive adequate nutrition for healthy development.
How Are Innovations Influencing Infant Formula Ingredients?
Innovations in infant formula ingredients are largely driven by ongoing research into human milk and the nutritional needs of infants. This research has led to the development of more complex and tailored formulas that more closely mimic the nutritional profile of breast milk. For example, the addition of human milk oligosaccharides (HMOs) aims to replicate the immune-protective properties of breast milk. A
dvances in processing technologies have also improved the bioavailability of nutrients and the digestibility of formula, making it gentler and more suitable for infant consumption. These innovations are crucial in providing high-quality alternatives for infants who need them.
What Trends Are Shaping the Infant Formula Ingredients Market?
The infant formula ingredients market is shaped by several significant trends. There is a growing demand for organic and non-GMO ingredients as parents increasingly seek cleaner and safer food options for their infants. The global rise in awareness of infant nutrition and its long-term health effects is another key trend driving demand for high-quality formula ingredients. Furthermore, demographic changes, such as higher birth rates in developing countries and older parental age in developed countries, are influencing market dynamics and driving the need for specialized formula options that cater to a variety of health considerations.
Growth in the Infant Formula Ingredients Market Is Driven by Several Factors
The growth in the infant formula ingredients market is driven by several factors related to demographic changes, scientific advancements, and consumer preferences. Increasing global birth rates and the prevalence of lactation issues among mothers are significant drivers, creating a steady demand for infant formula. Advances in nutritional science that lead to better understanding of infant health needs continue to push the development of innovative and specialized formula ingredients.
Additionally, the growing consumer preference for organic and naturally-sourced ingredients is reshaping the market, compelling manufacturers to revise their product portfolios to include cleaner and more transparently sourced ingredients. These factors collectively contribute to the robust expansion of the infant formula ingredients market, reflecting a heightened global focus on infant health and nutrition.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Carbohydrates segment, which is expected to reach US$13.3 Billion by 2030 with a CAGR of a 6.2%. The Fats & Oils segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $7.4 Billion in 2023, and China, forecasted to grow at an impressive 5.5% CAGR to reach $6.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AarhusKarlshamn AB, Arla Foods Amba, BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 179 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $27.1 Billion |
| Forecasted Market Value (USD) by 2030 | $40.5 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Infant Formula Ingredients – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Rising Demand for Organic and Natural Ingredients Spurs Growth in Infant Formula Market
- Increasing Focus on Digestive Health Throws Spotlight on Probiotic and Prebiotic Ingredients
- Advancements in Nutritional Science Propel the Development of Innovative Infant Formula Ingredients
- Stringent Regulatory Standards Drive Adoption of Clinically-Validated Infant Formula Ingredients
- Growing Incidence of Lactose Intolerance Propels Demand for Lactose-Free and Alternative Carbohydrate Sources
- Emerging Trends in Plant-Based Ingredients Generate New Opportunities in Infant Formula Market
- Rising Popularity of Omega-3 and DHA Ingredients Strengthens Business Case for Enhanced Cognitive Development Formulas
- The Role of Fortified Vitamins and Minerals in Infant Formulas Sustains Market Growth
- Increasing Focus on Immune Support Drives Adoption of Immune-Boosting Ingredients in Infant Formulas
- Challenges in Addressing Food Allergies Create Demand for Hypoallergenic Infant Formula Ingredients
- Growing Consumer Preference for Clean Label Products Throws the Spotlight on Transparent Sourcing and Manufacturing Practices
- Innovation in Protein Sources, Including Whey and Hydrolyzed Proteins, Spurs Growth in Infant Formula Market
- Rising E-Commerce Channels Accelerate Demand for Specialty Infant Formula Ingredients
- Parental Demand for Tailored Nutrition Drives Adoption of Customized Infant Formula Ingredients
FOCUS ON SELECT PLAYERS (Total 12 Featured)
- AarhusKarlshamn AB
- Arla Foods Amba
- BASF SE
- Carbery Food Ingredients Limited
- Chr. Hansen Holdings A/S
- Fonterra Co-Operative Group Ltd.
- Glanbia PLC
- Kerry Group PLC
- Koninklijke DSM NV
- Royal FrieslandCampina N.V.
- Sachsenmilch Leppersdorf GmbH
- Vitablend Nederland B.V.
For more information about this report visit https://www.researchandmarkets.com/r/41de5d
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- Infant Formula Ingredients Market
