According to a new report published by Allied Market Research, titled, “Baby Infant Formula Market,” The baby infant formula market size was valued at $25.5 billion in 2021, and is estimated to reach $56.6 billion by 2031, growing at a CAGR of 8.1% from 2022 to 2031. The market for baby infant formula is mostly …
Tag Archives: Baby Infant Formula Market Segments
Baby Infant Formula Market Size, Share, Analysis, Latest Innovations, Growth, Key Players and Competitive Strategies
Rise in number of women participations in labor force, high nutritional content of infant formula, and surge in middle-class population in emerging economies drive the growth of the global baby infant formula market. By type, the infant milk segment held the major share in 2017. By distribution channel, on the other hand, the hypermarkets segment …