(PharmaNewsWire.Com, June 19, 2017 ) The North America infant nutrition market consists of different sets of products from different infant formulas to an array of foods for babies. The worth of total infant nutrition market is nearly USD 19.08 billion and is expected to grow at a CAGR of 6.51% in 2016-2021.
Infant Nutrition is a diverse market made up of two distinct subcategories: Baby Food and Infant Formula. The categories are similar in some aspects however both are driven by their own unique sets of trends and dynamics. Companies are required to have a deep understanding of the evolving global regulatory standards across regions as well as address consumer requirements for innovative packaging and organic certification. Partnering with the right vendors, from ingredient suppliers to premix manufacturers, is an important strategic option for companies to meet the demands of global production.
Infant nutrition market is segmented by product type and Distribution channel and region. Basis on the product type, the market can be segmented as follow-on milk formula, Starting milk formula, special milk formula and Toddlers milk formula. Based on Distribution channel, market is segmented as speciality outlets, online, supermarkets, chemist/pharmacist/Drugstore and others. By region, Market can be segmented as North America, Latin America, Asia-Pacific, Europe and Middle East and Africa.
Major players in this market Nestlé S.A., Abbott Nutrition, Groupe Danone, Mead Johnson Nutrition, Meiji Holdings Co. Ltd, The Kraft Heinz Company, Beingmate Baby & Child Food Co. Ltd Pfizer Inc. and ., Synutra International, Inc., FrieslandCampina.
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