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Global Follow on Formula Milk Market Size study, By Component (Solution {Integrated Solution, Standalone Solution}, Service {Professional Services, Managed Services}), By Type (Pre-defined, Custom), By End User (Service Provider {Telecom, Data Center, Cloud}, Enterprises), and Regional Forecasts 2022-2028

  • BIZ4983066
  • 200 Pages
  • June 2022
  • Food and Beverages
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Global Follow on Formula Milk Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Follow on Formula Milk can be defined as alternative to breast milk containing nearly similar amount of nutrients such as vitamins, minerals, proteins, fats, carbohydrates, prebiotic, and linoleic acid among others. As compared to conventional milk, formula milk contains significantly more iron than infant milks. It is used to feed infants between the ages of 6 months to 12 months. The growing infant nutrition market worldwide and increasing incidences of low milk supply syndrome as well as recent product launches from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - In 2019, the global baby food market was estimated at USD 67.3 billion, and the baby food market is projected to grow to USD 96.3 billion. Furthermore, in November 2020, US based Abbott Inc. launched its new infant formula named, Similac Pro-Advance with 2'-Fucosyllactose Oligosaccharide† (2'-FL†) in Canada. Moreover, in January 2021, Bunge Loders Croklaan (BLC) launched a new lipid solution called, Betapol Select. This new product mimics the composition of Chinese mothers’ milk fat. Also, growing expansion of working women segment and rising prevalence of lactation insufficiency in developed economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising awareness towards benefits of breastfeeding and initiatives from government organizations & Regulatory authorities to increase awareness towards breast feeding impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Follow on Formula Milk Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing number of baby births and presence of leading market players in the region. Whereas Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing number of working class women and rising penetration of leading market players in the region, would create lucrative growth prospects for the global Follow on Formula Milk Market across the Asia pacific region.

Major market players included in this report are:

The Hain Celestial Group

Vertrieb KG

Abbott Laboratories

Reckitt Benckiser

Campbell Soups

HiPP GmbH & Co.

Nestle S.A.

Dana Dairy Group Ltd

Danone SA

Gerber Products Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:

Ready to Food

Powder

By Ingredients:

Minerals

Carbohydrates

Fats

Vitamins

Proteins

By Flavors:

Unflavored

Chocolate

Vanilla

Strawberry

Peach

Original

By Distributional Channel:

Hypermarkets

Pharmacy Stores

Specialty Stores

Supermarkets

Hard Discounter Stores

Online Platforms

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Follow on Formula Milk Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Follow on Formula Milk Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Follow on Formula Milk Market, by Form, 2020-2028 (USD Million)

1.2.3. Global Follow on Formula Milk Market, by Ingredients, 2020-2028 (USD Million)

1.2.4. Global Follow on Formula Milk Market, by Flavors, 2020-2028 (USD Million)

1.2.5. Global Follow on Formula Milk Market, by Distribution Channel, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Follow on Formula Milk Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Follow on Formula Milk Market Dynamics

3.1. Follow on Formula Milk Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing infant nutrition market worldwide.

3.1.1.2. Increasing incidences of low milk supply syndrome.

3.1.1.3. Recent product launches from leading market players.

3.1.2. Market Challenges

3.1.2.1. Rising awareness towards benefits of breastfeeding.

3.1.2.2. Initiatives from government organizations & Regulatory authorities.

3.1.3. Market Opportunities

3.1.3.1. Growing expansion of working women segment.

3.1.3.2. Rising prevalence of lactation insufficiency in developed economies.

Chapter 4. Global Follow on Formula Milk Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Follow on Formula Milk Market, by Form

6.1. Market Snapshot

6.2. Global Follow on Formula Milk Market by Form, Performance - Potential Analysis

6.3. Global Follow on Formula Milk Market Estimates & Forecasts by Form 2018-2028 (USD Million)

6.4. Follow on Formula Milk Market, Sub Segment Analysis

6.4.1. Ready to Feed

6.4.2. Powder

Chapter 7. Global Follow on Formula Milk Market, by Ingredients

7.1. Market Snapshot

7.2. Global Follow on Formula Milk Market by Ingredients, Performance - Potential Analysis

7.3. Global Follow on Formula Milk Market Estimates & Forecasts by Ingredients 2018-2028 (USD Million)

7.4. Follow on Formula Milk Market, Sub Segment Analysis

7.4.1. Minerals

7.4.2. Carbohydrates

7.4.3. Fats

7.4.4. Vitamins

7.4.5. Proteins

Chapter 8. Global Follow on Formula Milk Market, by Flavors

8.1. Market Snapshot

8.2. Global Follow on Formula Milk Market by Flavors, Performance - Potential Analysis

8.3. Global Follow on Formula Milk Market Estimates & Forecasts by Flavors 2018-2028 (USD Million)

8.4. Follow on Formula Milk Market, Sub Segment Analysis

8.4.1. Unflavored

8.4.2. Chocolate

8.4.3. Vanilla

8.4.4. Strawberry

8.4.5. Peach

8.4.6. Original

Chapter 9. Global Follow on Formula Milk Market, by Distribution Channel

9.1. Market Snapshot

9.2. Global Follow on Formula Milk Market by Distribution Channel, Performance - Potential Analysis

9.3. Global Follow on Formula Milk Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Million)

9.4. Follow on Formula Milk Market, Sub Segment Analysis

9.4.1. Hypermarkets

9.4.2. Pharmacy Stores

9.4.3. Specialty Stores

9.4.4. Supermarkets

9.4.5. Hard Discounter Stores

9.4.6. Online Platforms

9.4.7. Others

Chapter 10. Global Follow on Formula Milk Market, Regional Analysis

10.1. Follow on Formula Milk Market, Regional Market Snapshot

10.2. North America Follow on Formula Milk Market

10.2.1. U.S. Follow on Formula Milk Market

10.2.1.1. Form estimates & forecasts, 2018-2028

10.2.1.2. Ingredients estimates & forecasts, 2018-2028

10.2.1.3. Flavors estimates & forecasts, 2018-2028

10.2.1.4. Distribution Channel estimates & forecasts, 2018-2028

10.2.2. Canada Follow on Formula Milk Market

10.3. Europe Follow on Formula Milk Market Snapshot

10.3.1. U.K. Follow on Formula Milk Market

10.3.2. Germany Follow on Formula Milk Market

10.3.3. France Follow on Formula Milk Market

10.3.4. Spain Follow on Formula Milk Market

10.3.5. Italy Follow on Formula Milk Market

10.3.6. Rest of Europe Follow on Formula Milk Market

10.4. Asia-Pacific Follow on Formula Milk Market Snapshot

10.4.1. China Follow on Formula Milk Market

10.4.2. India Follow on Formula Milk Market

10.4.3. Japan Follow on Formula Milk Market

10.4.4. Australia Follow on Formula Milk Market

10.4.5. South Korea Follow on Formula Milk Market

10.4.6. Rest of Asia Pacific Follow on Formula Milk Market

10.5. Latin America Follow on Formula Milk Market Snapshot

10.5.1. Brazil Follow on Formula Milk Market

10.5.2. Mexico Follow on Formula Milk Market

10.6. Rest of The World Follow on Formula Milk Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. The Hain Celestial Group

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Vertrieb KG

11.2.3. Abbott Laboratories

11.2.4. Reckitt Benckiser

11.2.5. Campbell Soups

11.2.6. HiPP GmbH & Co.

11.2.7. Nestle S.A.

11.2.8. Dana Dairy Group Ltd

11.2.9. Danone SA

11.2.10. Gerber Products Company

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Follow on Formula Milk Market, report scope

TABLE 2. Global Follow on Formula Milk Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Follow on Formula Milk Market estimates & forecasts by Form 2018-2028 (USD Million)

TABLE 4. Global Follow on Formula Milk Market estimates & forecasts by Ingredients 2018-2028 (USD Million)

TABLE 5. Global Follow on Formula Milk Market estimates & forecasts by Flavors 2018-2028 (USD Million)

TABLE 6. Global Follow on Formula Milk Market estimates & forecasts by Distribution Channel 2018-2028 (USD Million)

TABLE 7. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. U.S. Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. U.S. Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. Canada Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. Canada Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. UK Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. UK Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. Germany Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. Germany Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. RoE Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. RoE Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. China Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. China Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. India Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. India Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. Japan Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. Japan Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. RoAPAC Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. RoAPAC Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Brazil Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Brazil Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. Mexico Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. Mexico Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. RoLA Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. RoLA Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 54. Row Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. Row Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 56. List of secondary sources, used in the study of global Follow on Formula Milk Market

TABLE 57. List of primary sources, used in the study of global Follow on Formula Milk Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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