According to latest report by IMARC Group, titled “Baby Food and Infant Formula Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global baby food and infant formula ingredients market size reached a volume of 3.97 Million Tons in 2020. Looking forward, the global baby food and infant formula ingredients market is expected to exhibit a CAGR of 3.8% during 2021-2026. Baby food and infant formula ingredients are a rich source of nutrients that play a vital role in the growth of infants. Some of the common ingredients used in baby food and infant formula consist of a soft mash of fruits, vegetables, and cereals. Baby food is prepared for the consumption of children between the age of four months to two years. On the other hand, infant formula is targeted for babies under the age of twelve months. Baby food and infant formula ingredients are considered as a substitute for breast milk and for babies who lack teeth for chewing.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report. 

Market Trends:

The global baby food and infant formula ingredients market is primarily driven by the growing awareness among parents about the importance of nutrition for the healthy growth and development of children. These ingredients are rich in proteins, vitamins, minerals and carbohydrates, which are readily available in powdered form and can also be mixed with water or milk. Furthermore, the manufacturers are introducing organic, premium and minimally processed products that are expected to significantly increase the demand for baby food and infant formula ingredients in the upcoming years.

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Key Market Segmentation:

Some of the major top key players market include:

1. AAK AB
2. Agrana Beteiligungs-AG
3. Archer Daniels Midland (ADM)
4. Arla Food Ingredients Group
5. Cargill, Inc.
6. Glanbia plc
7. Ingredion Inc.
8. Roquette Frères
9. Tate & Lyle PLC
10. Lactalis.

Breakup by Ingredients:

1. Lactose
2. Edible Oils
3. Maltodextrins
4. Whey Protein Concentrates
5. Glucose Syrup
6. Sucrose
7. Starch
8. Others

Market Breakup by Region:

1. North America
2. Asia-Pacific
3. Europe
4. Latin America
5. Middle East and Africa

Key Highlights of the Report:

1. Market Performance (2015-2020)
2. Market Outlook (2021- 2026)
3. Porter’s Five Forces Analysis
4. Market Drivers and Success Factors
5. SWOT Analysis
6. Value Chain
7. Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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