Baby Food and Infant Formula Ingredients Market Size, Share, Industry Analysis and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Baby Food and Infant Formula Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global baby food and infant formula ingredients market reached a volume of 3.97 Million Tons in 2020. Baby food and infant formula are food products specifically made for babies till the age of two years. Infant formula serves as a replacement of mother’s milk as it exhibits similar nutritional attributes. Whereas baby foods are soft minced and mashed vegetables, fruits, meats, cereals, etc. Carbohydrates, fat, protein, vitamins, and minerals are the essential nutrients required by infants for their healthy growth and development. Baby food and infant formula ingredients provide all these necessary nutrients.

The rising awareness among parents about the impact of right nutrition on the child’s overall growth is the primary factor driving the demand for infant formula and baby food ingredients globally. Nowadays, parents are shifting towards baby food and infant formula products to ensure the well-being of their infants as they are rich in proteins, vitamins, minerals, and carbohydrates. The growing number of working women is another major factor catalyzing market growth. Due to the increasing number of working women, not all mothers can breastfeed, making it important to give them the best alternative. This has increased the demand for infant formulas and thereby augmented the demand for ingredients. Furthermore, the continuous product development by the baby food and infant formula manufacturers such as lactose-free formulas, soy-based formulas, etc. is expected to further catalyze the baby food and infant formula ingredients market growth in the coming years. Looking forward, the global baby food and infant formula ingredients market is expected to exhibit a CAGR of 3.8% during 2021-2026.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global baby food and infant formula ingredients market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region and ingredients.

Breakup by Ingredients:

Lactose
Edible Oils
Maltodextrins
Whey Protein Concentrates
Glucose Syrup
Sucrose
Starch
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AAK AB, Agrana Beteiligungs-AG, Archer Daniels Midland (ADM), Arla Food Ingredients Group, Cargill, Inc., Glanbia plc, Ingredion Inc., Roquette Frères, Tate & Lyle PLC and Lactalis.

Key Questions Answered in This Report:

How has the global baby food and infant formula ingredients market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global baby food and infant formula ingredients market?
What are the key regional markets?
What is the breakup of the market based on the ingredients?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global baby food and infant formula ingredients market and who are the key players?
What is the degree of competition in the industry?