Baby Drinks Market Size ( CAGR of 7.9% ) Share, Growth, Trends, Key Players, Segmentation and Outlook During 2022-2031
Increase in participation of the working women population has led to a rise in the number of women professionals who prefer ready-to-eat nutritious products.
PORTLAND, OR, US, February 15, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global Baby Drinks Market generated $30.96 billion in 2021, is projected to reach $67.10 billion by 2031, manifesting a CAGR of 7.9% from 2022 to 2031.The report offers an extensive analysis of changing market trends, value chain, top segments, top investment pockets, regional scenarios, and competitive landscape.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/2333
Increase in the number of working professionals, rise high nutrition content in baby drinks, change in lifestyle, and increase in disposable income of people in the emerging economies drive the growth of the global baby drinks market. However, drop in the global birth rate and food safety concerns and hinders the market growth. On the contrary, the introduction of baby drinks, free from ingredients, such as added sugar, sodium, and preservatives, and use of certified organic milk in the infant formula create new opportunities in the coming years.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐๐ฟ๐ฒ:
According to the global baby drinks market trends, the players operating have adopted various developmental strategies to expand their baby drinks market share, increase profitability, and remain competitive in the market. The key players profiled in this report include, Abbott Laboratories, Arla Foods amba, Danone S.A., HIPP GmbH & CO. VERTRIEB KG, NESTLE S.A., The Hain Celestial Group, Inc., Mead Johnson & Company, LLC, The Kraft Heinz Company, BOBBIE, and Holle Baby Food AG.
๐๐๐ ๐๐ง๐๐-๐ง๐๐ ๐ ๐ข๐๐๐๐ฅ - ๐๐๐ ๐ก๐ผ๐ & ๐๐ฒ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/checkout-final/8fc6e5500dd3e873d4cfca21e9447518
In terms of value, Asia-Pacific and LAMEA collectively contributed approximately half share of the global market in 2021. Developing countries, such as Brazil, India, and China display a huge growth potential for this market on account of high consumption of baby drinks productin these countries to cater the market demand by nursing mothers.
๐๐๐ฌ ๐๐๐ก๐๐๐ก๐๐ฆ ๐ข๐ ๐ง๐๐ ๐ฆ๐ง๐จ๐๐ฌ
-> On the basis of baby drinks market analysis for region, Asia-Pacificaccounted for the largest revenue share of the global market, registering a significant CAGR from 2022 to 2031, followed by North America.
-> On the basis of baby drinks market trends in 2021, the 12-36 month, application segment accounted for approximately 50% share, in terms of value, and is expected to grow at the highest CAGR of 7.4% during the forecast period.
-> North America is anticipated to grow at the highest CAGR of 8.6% from 2022 to 2031 in the baby drinks market forecast period.
-> In 2021, the U.S. generated the highest revenue, accounting for approximately 20% share of the global baby drinks industry.
-> South Africa is anticipated to grow at a significant CAGR of 10.0% during the study period.
๐๐ฒ๐ ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ: https://www.alliedmarketresearch.com/request-for-customization/2333
The baby drinks market segments are on the basis of product type, application, distribution channel, and region. On the basis of product type, the market is segmented into infant formula, baby juice, and baby electrolyte. By application, the market is segmented into <6 months, 6-12 months, 12-36 months, and >36 months. By distribution channel, the industry are broadly classified into hypermarkets/supermarkets, pharmacy/medical stores, convenience stores, online channel, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
U.S. Baby Infant Formula Market - https://www.alliedmarketresearch.com/us-baby-infant-formula-market-A10849
Canada Baby Food Market - https://www.alliedmarketresearch.com/canada-baby-food-market
Goat Milk Market - https://www.alliedmarketresearch.com/goat-milk-market
A2 Milk Market - https://www.alliedmarketresearch.com/a2-milk-market-A06359
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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