DUBLIN, Mar 16, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global RTD Infant Milk Market 2017-2021" report to their offering.
The global RTD infant milk market to grow at a CAGR of 3.74% during the period 2017-2021.
Global RTD Infant Milk Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the retail sales of RTD infant milk products in the global market.
According to the report, one driver in market is wide product portfolio. A wide range of baby foods and infant formulas propel the market growth globally owing to the increasing demand from the parents seeking different variants. The various requirements include different formulas, different sizes, genders, age groups, variants of flavors, and product packaging. Manufacturers such as Abbott, Mead Johnson Nutrition, and Nestlé offer infant formula products with different variants under their flagship brands Similac (Abbott), Enfamil and Enfagrow (Mead Johnson Nutrition), and Gerber (Nestlé).
Despite altering the milk formula with whey, milk formula differs from breast milk because of its different amino acid and protein composition. However, RTD infant milk formula contains the necessary nutrients for babies to grow. Further, RTD infant milk formula also contains the necessary added nutrients and vitamins such as iron, which aids in preventing anemia. Some RTD infant milk formulas also contain probiotic Bifidobacterium lactis, which significantly reduces colic, lowers the risk of food allergies, and helps in reducing diarrhea. Commercial prepared milk formula brands thus meet the nutritional requirement and safety standards.
Further, the report states that one challenge in market is gap between nutritional and immune strengthening benefits from breast milk. Being known as breastfeeding alternatives, RTD infant milk products fall short when compared with breast milk in terms of nutritional and immune strengthening benefits. Ingredients such as DHA, lutein, and vitamin E, which are found in breast milk, are frequently used ingredients for breastfeeding alternatives. These ingredients used for preparing RTD infant milk formula are low in concentration, on comparison to the composition found in breast milk.
Market Dynamics
Market Drivers
- Breastfeeding alternatives for specified maternal conditions, convenience, and flexibility
- Product innovation
- Wide product portfolio
Market Challenges
- Gap between nutritional and immune strengthening benefits from breast milk
- Sterility issues of breastfeeding alternatives causing adverse health effects
Market Trends
- Packaging innovation
- Increase in demand for organic and non-GMO infant formulas
Key vendors
- Abbott Laboratories (Abbott)
- Danone
- Mead Johnson Nutrition
- Nestlé
Other prominent vendors
- Arla Foods
- Amara Baby Food
- Baby Gourmet
- Ella's Kitchen Group
- Friso
- GreenMonkey (GreenZoo)
- Hero Group
- Morinaga
- Meiji
- Nurture (Happy Family)
- One Earth Farms
- Parent's Choice
- Plum Organics
- Stonyfield Farm
For more information about this report visit http://www.researchandmarkets.com/research/qk4r2c/global_rtd_infant
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SOURCE Research and Markets
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