Kids’ Nutrition Market to Reach USD 85.88 Billion by 2030; Rising Demand for Convenient & Healthy Food Options Will Favour Growth: The Brainy Insights

The clever insights

The clever insights

The growth of the global child nutrition market is driven by the increasing introduction of new and innovative products. This industry growth is primarily attributed to the growing disposable income of parents, who are more opposed to spending on their children’s health and well-being. The North American region emerged as the largest market for the global child nutrition market, accounting for 43.38% of the market revenue in 2021.

NEWARK, Oct. 20, 2022 (GLOBE NEWSWIRE) — The global child nutrition market is expected to grow from US$47.91 billion in 2021 to US$85.88 billion in 2030, according to the report published by The Brainy Insights growing, at a CAGR of 6.70% over the forecast period 2022-2030.

The growing awareness of the benefits of healthy eating habits among children is expected to increase demand from the child nutrition industry during the projection horizon. Furthermore, the ever-increasing prevalence of childhood obesity and overweight, as well as growing initiatives by governments and regulatory agencies worldwide are also helping to drive the market growth. However, there are significant regulatory gaps in child nutrition that allow substandard nutritional supplements to enter the industry and inhibit market growth. In addition, strong corporate advertising and high investments in marketing are opportunities for market growth.

Request a PDF sample of Market Scope and Parent Market Analysis: https://www.thebrainyinsights.com/enquiry/sample-request/12943

competitive strategy

To improve their market positions in the global Infant Nutrition Market, the major players are now focusing on executing strategies such as product innovation, mergers and acquisitions, recent developments, joint ventures, collaborations, and partnerships.

Market Growth & Trends

The growth of the infant nutrition market is being driven by the emergence of nutritious food brands in this category and the growing demand for healthy baby food. In addition, the growing online sales channels are the market growth trend. In addition, the increasing spending by government and private organizations on child nutrition and increasing purchasing power of customers are also contributing to the growth of the market. Furthermore, the easy availability in the online and offline stores and the low prices of the products led to higher purchases among the people during the pandemic. In addition, customers can choose from various foreign and domestic varieties when shopping online. The increasing use of smartphones powered by the internet is expected to drive the market growth over the forecast period.

Also Read :  Nutritious food beyond reach of low-income families | Print Edition

Scope of Child Nutrition Market:

report coverage

details

page number

236

base year

2021

forecast period

2022-2030

Growth Dynamics & CAGR

Accelerate with a CAGR of 6.70%

Market growth 2022-2030

$85.88 billion

market structure

fragmented

Regional Analysis

APAC, Europe, North America, South America and MEA

make a market contribution

North America region has the highest market share with 43.38% in 2021.

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

Goodwolf Feeding Co., Mead Johnson & Company, LLC., Abbott, Perrigo Company plc, My Lunchbuddy, Else Nutrition, Yamo AG, Nestlé, Nutribud Foods, Danone, Arla Foods amba

market dynamics

Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Adjustment Preview

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Important Findings

• In 2021, the infant milk segment dominated the market with the largest market share of 30.22% and a market revenue of 14.47 billion.

The application segment is divided into infant milk, snack food, protein drink and bar and others. In 2021, the infant milk segment dominated the market with the largest market share of 14.47% and a market revenue of 25.82 billion. This growth is attributed to the increasing demand for organic baby food.

• In 2021, the offline segment dominated the market with the largest market share of 57.14% and a market revenue of 27.37 billion.

The sales channel segment is divided into offline and online. The offline segment is further divided into convenience stores, supermarkets and others. In 2021, the offline segment dominated the market with the largest market share of 27.37% and a market revenue of 48.83 billion. This growth is attributed to increasing demand for high-quality consumer goods and grocery retail in emerging markets.

Also Read :  Diwali 2022: Healthy eating tips for a guilt-free festive season

• In 2021, the Prebiotics and Probiotic Dietary Supplements segment dominated the market with the largest market share of 27.14% and a market revenue of 13.01 billion.

Product Type segment is divided into Protein, Prebiotics & Probiotics, Vitamins & Minerals, Omega-3 and Others. In 2021, the Prebiotics and Probiotic Dietary Supplements segment dominated the market with the largest market share of 27.14% and a market revenue of 13.01 billion. This growth is attributed to increasing consumer spending on healthy foods.

Get additional highlights on vendor growth strategies and their product offerings: https://www.thebrainyinsights.com/enquiry/request-customization/12943

Regional Segment Analysis Of The Child Nutrition Market:

• North America (USA, Canada, Mexico)
• Europe (Germany, France, Great Britain, Italy, Spain, rest of Europe)
• Asia Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and the rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

The North American region was the largest market for the global child nutrition industry with a market share of 43.38% and a market value of approximately 20.78 billion in 2021. North America is dominating the child nutrition market due to increasing consumer awareness of healthy eating. In addition, growing government initiatives to improve nutritional levels are also helping to propel the region’s market growth. Additionally, the Asia-Pacific region is expected to show the fastest CAGR of 9.02% over the projection period. This growth is due to the high availability of a wide range of nutritional products. Furthermore, the ever-increasing availability and affordability of frozen food and beverages, especially in emerging markets like Brazil, China, India, etc., is driving the market growth in this region.

Get Comprehensive Report Executive Summary that describes Market Size and Forecast : https://www.thebrainyinsights.com/report/kids-nutrition-market-12943

Also Read :  Sustainability is a key missing ingredient in White House hunger plan

Major Players in Global Child Nutrition Market are:

• Goodwolf Feeding Co.
• MeadJohnson & Company, LLC.
• Dept
• Perrigo Company plc
• My lunch buddy
• Otherwise nutrition
• Yamo AG
• Nestle
• Nutribud foods
• Danone
• Arla Foods amba

This study forecasts revenue at global, regional and country level from 2019 to 2030. The Brainy Insights has segmented the global Child Nutrition Market based on the segments mentioned below:

Global Child Nutrition Market by Application

• Infant milk
• Snacks
• Protein drinks and bars
• Other

Global Child Nutrition Market by Distribution Channel:

• Offline

 Convenience stores
 Supermarkets
 Other

• Online

Global Child Nutrition Market by Product Type:

• protein
• Prebiotic and probiotic supplements
• Vitamins and minerals
• Omega 3
• Other

About the report:

The global infant nutrition market is analyzed by value (Billion USD). All segments have been analyzed on a global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the driving factors, opportunities, restraints and challenges to get the key insights into the market. The study includes Porter’s five forces model, attractiveness analysis, commodity analysis, supply and demand analysis, competitive position analysis, sales and marketing channel analysis.

Interested in procurement data? Visit: https://www.thebrainyinsights.com/buy-now/12943/single

About the Brainy Insights:

The Brainy Insights is a market research company that aims to provide companies with actionable insights through data analysis to improve their business acumen. We have a robust forecasting and estimation model to achieve clients’ goals in terms of high quality results within a short period of time. We offer both customized (custom) and syndicated reports. Our repository of syndicate reports is diverse across all categories and subcategories across all domains. Our bespoke solutions are tailored to the needs of customers, whether they are expanding or planning to launch a new product on the global market.

Contact us

Avinash D
Head of Business Development
Telephone: +1-315-215-1633
Email: [email protected]
Web: http://www.thebrainyinsights.com

Source

Leave a Reply

Your email address will not be published.