U.S. Baby Infant Formula Market Rising Trends, Demands and Business $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐ | CAGR of 8.6%
High nutrition contents in baby infant formula, change in lifestyle, rise in middle-class population
PORTLAND, OR, US, October 21, 2022 /EINPresswire.com/ -- ๐๐ก๐ ๐.๐. ๐๐๐๐ฒ ๐๐ง๐๐๐ง๐ญ ๐๐จ๐ซ๐ฆ๐ฎ๐ฅ๐ ๐ ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐. ๐๐ง ๐๐๐๐, ๐ญ๐ก๐ ๐๐๐ซ๐๐จ๐ก๐ฒ๐๐ซ๐๐ญ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐จ๐ซ ๐๐.๐% ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐. Physician recommends infant formula as an alternative to breastmilk. As many working mothers resume their jobs shortly after giving birth, infant formula serves as a healthy and nutritious alternative that can be fed at convenience. Thus, increase in participation of women in labor force has led to rise in preference for infant formula for their babies. This acts as a key driving force of the baby infant formula market in the U.S. Furthermore, high nutrition contents in baby infant formula, change in lifestyle, rise in middle-class population, and increase in disposable income are expected to propel the market growth during the U.S. baby infant formula market forecast period.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐: https://www.alliedmarketresearch.com/request-sample/11214
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐:
On the basis of point of sale (POS), the OTC segment holds the highest U.S. baby infant formula market share as over-the-counter (OTC) is the most popular POS because most of the babies are hypoallergenic and requires no special attention on consuming infant formula. As per the U.S. baby infant formula market forecast, the OTC segment is expected to dominate in the forthcoming years.
๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
The key players studied in the report are Abbott Laboratories, Arla Foods Amba, Aussie Bubs, Bobbie, Campbell Soups Company, Dana Dairy Group Ltd, Danone Sa, D-Signstore, Else Nutrition Holdings Inc, Hipp Gmbh & Co. Vertrieb Kg, Holle Baby Food Ag, Kabrita Usa, Natureโs One, Llc, Nestle S.A, Reckitt Benckiser Group Plc, And The Hain Celestial Group, Inc.
๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/checkout-final/7f190339d48e56c495c2360a680fb7d4
Based on the distribution channel, the hypermarkets segment dominated the market due to the facilities provided to customers such as reasonable prices, conveniences, and availability of desired brands and products. Hypermarkets are the most popular place for buying things among the U.S. population. However, Pharmacy/medical stores segment is expected to be the fastest growing segment due to the unawareness about the ingredients in infant formula and issues related to baby food safety. Hence, parents' belief on doctors and pediatricians is high and this factor drives the growth of the pharmacy/medical stores segment.
Key Benefits For Stakeholders
->The report provides a quantitative analysis of the current U.S. baby infant formula market trends, estimations, and dynamics of the market size from 2020
to 2030 to identify the prevailing opportunities.
->Porterโs five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and
strengthen their supplierโbuyer network.
->In-depth analysis and the market size and segmentation assists to determine the prevailing U.S. baby infant formula opportunities.
->The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the
U.S. baby infant formula industry.
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Source - https://www.dailyreportsworld.com
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