Rapid urbanization and increase in female working population have driven the growth of the global infant milk powder market. Owing to busy schedules of individuals, they prefer products which are hassle-free and that can be prepared and fed instantly. This requirement has further boosted the demand for infant milk powder, thereby accelerating the growth of the market.
In addition, with rise in middle-class population and increase in disposable income, the consumer spending on premium products with high nutritional contents has increased, which in turn have positively impacted the market of the infant milk powder market. However, presence of oxysterols in milk powder increases the susceptibility to diseases such as atherosclerosis, which refrains consumers from buying infant milk powder, thereby restraining the growth of the market.
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Infant milk powder is manufactured by various multinational companies to meet an alternative requirement for breast feeding. The formula is prepared by evaporating the milk by various methods, including drum drying or spray drying. Infant powder is primarily made to create an extended shelf life and preserve it for a longer duration.
On the contrary, introduction of various infant organic milk powder formulas is anticipated to offer lucrative opportunities for the market expansion, owing to increase in preference for organic products.
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The global infant organic milk powder market is segmented into type, distribution channel, and region. By type, the market is classified into whole milk powder, semi-skimmed milk powder, and skimmed milk powder. Depending on distribution channel, it is segregated into online retail, supermarket/hypermarket, convenience store, departmental store, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global infant organic milk powder market include DANA DAIRY GROUP, Geo-Poland sp. z o.o., Lisa Infant Milk, Mead Johnson & Company, LLC, Aptaclub, Holland at Home B.V., GMP Dairy, Nutidar, Nutrimed Healthcare, and Danone.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides an extensive analysis of the current and emerging trends and dynamics in the infant milk powder market.
- In-depth analysis is done by constructing market estimations for the key market segments to identify the prevailing market opportunities.
- This study evaluates the competitive landscape and value chain to understand the competitive environment across the geographies.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- Comprehensive analysis of the regions is provided to determine the prevailing opportunities.
KEY MARKET SEGMENTS
- whole Milk Powder
- semi-skimmed Milk Powder
- skimmed Milk Powder
By Distribution Channel
- Online Retail
- Convenience Store
- Departmental Store
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