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Infant Formula Ingredients Market Trends

Report ID: GMI6452
Published Date: Aug 2023
Report Format: PDF

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Infant Formula Ingredients Market Trends

Human milk oligosaccharides are complex carbohydrates naturally present in human breast milk. Manufacturers have been increasingly incorporating HMOs into infant formula as they are believed to offer various health benefits, including supporting gut health and immunity in infants. Infant formula manufacturers have been exploring different protein sources, such as hydrolyzed proteins and plant-based proteins (e.g., soy-based), to cater to infants with specific dietary needs or allergies. The aim is to provide nutritionally adequate alternatives to traditional cow's milk-based proteins.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of infant formula ingredients was reached USD 26.9 billion in 2022 and is set to cross USD 60.8 billion by the end of 2032.

Supermarkets segment will record around 8.1% CAGR from 2023 to 2032, as they offer a one-stop shopping experience, making it convenient for parents to purchase infant formula ingredients alongside other household essentials.

U.S. market size was worth USD 6.6 billion in 2022, as the country’s birth rate contributes to a steady demand for infant formula products and ingredients.

DuPont de Nemours, Inc., Koninklijke DSM N.V. (DSM), Arla Foods Ingredients Group P/S, FrieslandCampina Ingredients, Kerry Group plc, BASF SE, Ingredion Incorporated, Glanbia plc, AAK AB, Chr. Hansen Holding A/S, Saputo Inc., Carbery Group Ltd., Tate & Lyle plc, Lonza Group AG, Archer Daniels Midland Company.