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FEATURED COMPANIES
- Abbott Laboratories
- Nestlé SA
- Perrigo Company plc
- MORE
Global Soy-Based Infant Formula Market: About this market
Soy-based infant formulas are substitutes for human breast milk. This soy-based infant formula market analysis considers sales from applications including infants between 12-36 months, 6-12 month, and 0-6 months. Our analysis also considers the sales of soy-based infant formula in APAC, Europe, North America, South America, and MEA. In 2018, the infants between 12-36 months segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the ability of soy-based infant formulas to lower the risk of heart problems and obesity in children falling under this age group will play a significant role in the infants between 12-36 months segment to maintain its market position. Also, our global soy-based infant formula market report looks at factors such as the increasing number of mothers with low production of breast milk, rising number of working women, and growing preference for online shopping. However, declining birth rates, allergic and health issues from soy-based infant formulas, and increasing preference for breastmilk may hamper the growth of the soy-based infant formula industry over the forecast period.
Global Soy-Based Infant Formula market: Overview
Increasing number of mothers with low production of breast milk
Medical concerns regarding the low breast milk production among many new mothers caused by breast engorgement, thrush, abscess, and mastitis have encouraged vendors to introduce formulated organic baby food such as soy infant formula. The sales volume of soy-based infant formulas is increasing because they are easily available and suitable for babies who are lactose intolerant. This will lead to the expansion of the global soy-based infant formula market at a CAGR of close to 3% during the forecast period.
Increasing demand for organic infant formulas
Vendors are coming up with organic baby foods, which are free from chemical agents. This is due to the growing concerns among parents about the presence of unhealthy chemical additives in store-bought baby foods. Soy-based infant formula is an example of organic baby food product, which has health benefits and no side-effects. The availability of such organic baby food products is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global soy-based infant formula market is concentrated. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soy-based infant formula manufacturers, that include Abbott Laboratories, Nestlé SA, Perrigo Company plc, Reckitt Benckiser Group Plc, and The Hain Celestial Group Inc.
Also, the soy-based infant formula market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Soy-based infant formulas are substitutes for human breast milk. This soy-based infant formula market analysis considers sales from applications including infants between 12-36 months, 6-12 month, and 0-6 months. Our analysis also considers the sales of soy-based infant formula in APAC, Europe, North America, South America, and MEA. In 2018, the infants between 12-36 months segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the ability of soy-based infant formulas to lower the risk of heart problems and obesity in children falling under this age group will play a significant role in the infants between 12-36 months segment to maintain its market position. Also, our global soy-based infant formula market report looks at factors such as the increasing number of mothers with low production of breast milk, rising number of working women, and growing preference for online shopping. However, declining birth rates, allergic and health issues from soy-based infant formulas, and increasing preference for breastmilk may hamper the growth of the soy-based infant formula industry over the forecast period.
Global Soy-Based Infant Formula market: Overview
Increasing number of mothers with low production of breast milk
Medical concerns regarding the low breast milk production among many new mothers caused by breast engorgement, thrush, abscess, and mastitis have encouraged vendors to introduce formulated organic baby food such as soy infant formula. The sales volume of soy-based infant formulas is increasing because they are easily available and suitable for babies who are lactose intolerant. This will lead to the expansion of the global soy-based infant formula market at a CAGR of close to 3% during the forecast period.
Increasing demand for organic infant formulas
Vendors are coming up with organic baby foods, which are free from chemical agents. This is due to the growing concerns among parents about the presence of unhealthy chemical additives in store-bought baby foods. Soy-based infant formula is an example of organic baby food product, which has health benefits and no side-effects. The availability of such organic baby food products is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global soy-based infant formula market is concentrated. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soy-based infant formula manufacturers, that include Abbott Laboratories, Nestlé SA, Perrigo Company plc, Reckitt Benckiser Group Plc, and The Hain Celestial Group Inc.
Also, the soy-based infant formula market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Abbott Laboratories
- Nestlé SA
- Perrigo Company plc
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
Exhibit 01: Global packaged food market
Exhibit 02: Segments of global packaged food market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: -36 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: -36 months - Year-over-year growth 2019-2023 (%)
Exhibit 21: -12 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: -12 months - Year-over-year growth 2019-2023 (%)
Exhibit 23: -6 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: -6 months - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by application
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Abbott Laboratories - Vendor overview
Exhibit 48: Abbott Laboratories - Business segments
Exhibit 49: Abbott Laboratories - Organizational developments
Exhibit 50: Abbott Laboratories - Geographic focus
Exhibit 51: Abbott Laboratories - Segment focus
Exhibit 52: Abbott Laboratories - Key offerings
Exhibit 53: Nestlé SA - Vendor overview
Exhibit 54: Nestlé SA - Business segments
Exhibit 55: Nestlé SA - Organizational developments
Exhibit 56: Nestlé SA - Geographic focus
Exhibit 57: Nestlé SA - Segment focus
Exhibit 58: Nestlé SA - Key offerings
Exhibit 59: Perrigo Company plc - Vendor overview
Exhibit 60: Perrigo Company plc - Business segments
Exhibit 61: Perrigo Company plc - Organizational developments
Exhibit 62: Perrigo Company plc - Geographic focus
Exhibit 63: Perrigo Company plc - Segment focus
Exhibit 64: Perrigo Company plc - Key offerings
Exhibit 65: Reckitt Benckiser Group Plc - Vendor overview
Exhibit 66: Reckitt Benckiser Group Plc - Business segments
Exhibit 67: Reckitt Benckiser Group Plc - Organizational developments
Exhibit 68: Reckitt Benckiser Group Plc - Geographic focus
Exhibit 69: Reckitt Benckiser Group Plc - Segment focus
Exhibit 70: Reckitt Benckiser Group Plc - Key offerings
Exhibit 71: The Hain Celestial Group Inc. - Vendor overview
Exhibit 72: The Hain Celestial Group Inc. - Product segments
Exhibit 73: The Hain Celestial Group Inc. - Organizational developments
Exhibit 74: The Hain Celestial Group Inc. - Geographic focus
Exhibit 75: The Hain Celestial Group Inc. - Segment focus
Exhibit 76: The Hain Celestial Group Inc. - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by application
- Comparison by application
- 12-36 months - Market size and forecast 2018-2023
- 6-12 months - Market size and forecast 2018-2023
- 0-6 months - Market size and forecast 2018-2023
- Market opportunity by application
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Increasing demand for organic infant formulas
- Increasing focus of consumers on brand names, nutrition, and safety
- Availability of breastmilk banks
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Abbott Laboratories
- Nestlé SA
- Perrigo Company plc
- Reckitt Benckiser Group Plc
- The Hain Celestial Group Inc.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Global packaged food market
Exhibit 02: Segments of global packaged food market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: -36 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: -36 months - Year-over-year growth 2019-2023 (%)
Exhibit 21: -12 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: -12 months - Year-over-year growth 2019-2023 (%)
Exhibit 23: -6 months - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: -6 months - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by application
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Abbott Laboratories - Vendor overview
Exhibit 48: Abbott Laboratories - Business segments
Exhibit 49: Abbott Laboratories - Organizational developments
Exhibit 50: Abbott Laboratories - Geographic focus
Exhibit 51: Abbott Laboratories - Segment focus
Exhibit 52: Abbott Laboratories - Key offerings
Exhibit 53: Nestlé SA - Vendor overview
Exhibit 54: Nestlé SA - Business segments
Exhibit 55: Nestlé SA - Organizational developments
Exhibit 56: Nestlé SA - Geographic focus
Exhibit 57: Nestlé SA - Segment focus
Exhibit 58: Nestlé SA - Key offerings
Exhibit 59: Perrigo Company plc - Vendor overview
Exhibit 60: Perrigo Company plc - Business segments
Exhibit 61: Perrigo Company plc - Organizational developments
Exhibit 62: Perrigo Company plc - Geographic focus
Exhibit 63: Perrigo Company plc - Segment focus
Exhibit 64: Perrigo Company plc - Key offerings
Exhibit 65: Reckitt Benckiser Group Plc - Vendor overview
Exhibit 66: Reckitt Benckiser Group Plc - Business segments
Exhibit 67: Reckitt Benckiser Group Plc - Organizational developments
Exhibit 68: Reckitt Benckiser Group Plc - Geographic focus
Exhibit 69: Reckitt Benckiser Group Plc - Segment focus
Exhibit 70: Reckitt Benckiser Group Plc - Key offerings
Exhibit 71: The Hain Celestial Group Inc. - Vendor overview
Exhibit 72: The Hain Celestial Group Inc. - Product segments
Exhibit 73: The Hain Celestial Group Inc. - Organizational developments
Exhibit 74: The Hain Celestial Group Inc. - Geographic focus
Exhibit 75: The Hain Celestial Group Inc. - Segment focus
Exhibit 76: The Hain Celestial Group Inc. - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- Abbott Laboratories
- Nestlé SA
- Perrigo Company plc
- MORE
The following companies are recognised as the key players in the global soy-based infant formula market: Abbott Laboratories, Nestlé SA, Perrigo Company plc, Reckitt Benckiser Group Plc, and The Hain Celestial Group Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing demand for organic infant formulas.”
According to the report, one of the major drivers for this market is the increasing number of new mothers with low production of breast milk.
Further, the report states that one of the major factors hindering the growth of this market is the increasing preference for breastmilk.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing demand for organic infant formulas.”
According to the report, one of the major drivers for this market is the increasing number of new mothers with low production of breast milk.
Further, the report states that one of the major factors hindering the growth of this market is the increasing preference for breastmilk.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Abbott Laboratories
- Nestlé SA
- Perrigo Company plc
- Reckitt Benckiser Group Plc
- The Hain Celestial Group Inc.
Note: Product cover images may vary from those shown
