The global infant formula ingredients market is anticipated to grow at a CAGR of 7.1% during the forecast period. New product development by the key market players such as Vitablend Nederland B.V., Carbery Food Ingredients Ltd., and AAK AB among others is a key factor driving the global infant formula ingredients market. For instance, in July 2022, Debut Biotechnology, Inc. announced a joint development agreement with GeneChem Inc., a Korean biotech company to develop a group of rare human milk oligosaccharides (HMOs).
Browse the full report description of “Infant Formula Ingredients Market Size, Share & Trends Analysis Report, By Ingredient Type (Carbohydrates, Oils & Fats, Protein, Vitamin, Minerals, Prebiotics), By Source (Cow, Milk, Soy, Protein Hydrolysates), By Application (Growing-up Milk, Standard Infant Formula, Follow-on Formula, Specialty), Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/infant-formula-ingredients-market
HMOs are emerging ingredients in infant formula and high-performance nutritional products, and their manufacturing represents one of the most noteworthy advancements in infant nutrition in recent years. Debut Biotech will begin developing HMOs at their innovation center in San Diego. GeneChem will work closely with the Debut Biotech team in various aspects of production, including scale-up. In the same month, Danone SA launched the first Dairy and Plants Blend baby formula, in response to parents’ desire for vegetarian and flexitarian options for their babies. Plant-based consumption is growing substantially, with more than one-third (37.0%) of EU consumers choosing a vegan, vegetarian or flexitarian diet, and almost 70.0% of parents now prefer their children to eat more plant-based foods. Such product developments are expected to drive the global infant formula ingredients market.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Ingredient Type
o By Source
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- BASF SE, Koninklijke DSM N.V., and Arla Foods amba, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Infant Formula Ingredients Market Report by Segment
By Ingredient Type
By Source
By Application
Global Infant Formula Ingredients Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/infant-formula-ingredients-market