RTD Infant Milk Market Share, Analysis by Price, Revenue and Growth Prospect 2017-2022
Global
RTD Infant Milk Market is expected
to gain a significant CAGR in the upcoming period. Ready to Drink (RTD) infant
milk is produced from modifying cow’s milk with permeated vitamins, minerals,
carbohydrates and vegetable oils. Casein is the most important protein in cow’s
milk and many infant milk formulas are altered to whey protein. However, with
the alteration of milk formula, it differs in the nutritional value when
compared to breast milk.
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RTD infant milk formula also contains the necessary
nutrients such as iron which is essential to prevent anemia and also enhances
the baby’s growth. Other nutrients such as probiotics, predominantly reducing
colic that lessens the chance of food allergies and also reduces diarrhea. On a
commercial level, milk formula brands meet the nutritional requirements, safety
specifications and industry norms and is thus expected to witness a staggering
growth in the distant future.
Driving factors
responsible for the growth of RTD infant milk market includes rise in rate
of infants on a global scale. Also, other factors such as packaging products in
glass or tubs mainly contribute to the growth of the industry. However, the
lower nutritional values compared to breastfeeding limits the market growth
Based on segmentation by product, the RTD infant milk market comprises 0-6
Months and 7-12 Months. Based on segmentation by application, the market
comprises Online and In-store.
Top Manufacturer
Analysis covered in RTD Infant Milk Market Report includes
• Abbott Laboratories (Abbott)
• Danone
• Mead Johnson Nutrition
• Nestle
• Arla Foods
• Amara Baby Food
• Baby Gourmet
• Ella's Kitchen Group
• Friso, GreenMonkey (GreenZoo)
• Hero Group and many others
Segmentation on the
basis of product types,
• Goats Milk
• Cow Milk
Segmentation on the
basis of applications/end-users,
• 0-6 months
• 7-12 months
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Geographically, RTD
infant milk market spans North America, Latin America, Europe, South-east
Asia, Middle-East and Africa. APAC market is expected to gain a significant
position in upcoming period owing to rising population and rising rate of
infancy. North America and Europe market is expected to gain a significant
traction owing to demand for infant milk which are readily available. MEA
market also witnesses a high growth owing to shift towards infant milk.
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