(Food-Beverage-News.Com, February 06, 2018 ) According to the report Europe Infant Nutrition Market, published by Market Data Forecast, the Global market is projected to reach USD 17.28 billion by 2021, at a CAGR of 5.7% from 2016 to 2021
Infant nutrition consists of products which are used for the dietary needs of newborns and infants. Infants require carbohydrates, proteins, fats, minerals and vitamins in their diet. Human milk alone does not satisfy these needs. Infant formulas are extensively prepared for this purpose and are encouraged to use for infants for their proper growth. However, the components require to enhance the immunity of infants are available only in human milk.
Europe Infant Nutrition Market: Drivers & Restraints Increase in the demand for packaged foods which provide better nutrition to the infants and rising number of difficulties in breast feeding due to reasons such as breast reduction surgeries, medications and other diseases are driving the market growth. Growing awareness regarding the nutritional requirements of infants and increase in malnutrition among infants are propelling the market growth. However, due to the decreasing birth rate in developed countries of Europe sales growth is decreasing. Strict government regulations also restrain the market growth.
Europe Infant Nutrition Market: Segmentation By Product Follow-on milk formula Starting milk formula Special milk formula Toddlers milk formula By Distribution Channel Specialty outlets Super markets Online Stores Drugstores Others By Geography Europe o U.K o Spain o Germany o Italy o France
Europe Infant Nutrition Market: Overview Based on the product, follow-on milk formula segment accounted for the largest market share to acquire nutritional components additional to the human milk and special milk formula segment is expected to be the fastest growing segment. Based on distribution channel, supermarkets are estimated to constitute majority of the market share.
UK leads the infant nutrition market in Europe. It is due to the high awareness of the nutritional requirements of infants among the population and high market penetration of products in this region. Other developed countries region also contributes significantly to the infant nutrition market.
Europe Infant Nutrition Market: Key Players Major players in the Europe Infant Nutrition market are Abbott Nutrition, FrieslandCampina, Meiji Holdings Co, The Kraft Heinz Company, Nestlι, Beingmate Baby & Child Food Co. Groupe Danone, Mead Johnson Nutrition, Pfizer Inc. and Synutra International.
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