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Global Infant Formula Market size worth US$120.303 billion by 2027

According to the World Health Organization, more than 50 percent of pregnant moms and nursing mothers are affected by the marketing of milk formula firms and hence end up purchasing those products. For more information visit here: https://www.knowledge-sourcing.com/resource/press-releases/infant-formula-market-size

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Global Infant Formula Market size worth US$120.303 billion by 2027

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  1. Industrial Outlook of Infant Formula Market by Knowledge Sourcing Intelligence Introduction The Global Infant Formula Market is estimated to reach a market size worth US$120.303 billion by 2027. According to the World Health Organization, more than 50 percent of pregnant moms and nursing mothers are affected by the marketing of milk formula firms and hence end up purchasing those products. As a result of medical issues affecting either the parent or the infant, the need for milk formula is growing. The growing population of infant babies is driving the expansion of this industry.

  2. Based on geography segmentation, the global infant formula is segmented into North America, Europe, South America, the Middle East and Africa, and Asia Pacific regions. During the projected period, North American baby formula demand is predicted to expand at a constant rate. Furthermore, the United States is predicted to provide the bulk of baby formula sales in this area. The rising demand for organic infant formula has prompted huge corporations to boost production, allowing for a rise in demand across the country. The growing number of women joining the labor market, as well as the need for nutritious infant food, are driving expansion in this sector. As a part of the report, the major players operating in the global infant formula market, that have been covered are Abbott, Nestlé S.A., Dana Dairy Group, Danone, Ausnutria Dairy Corporation Ltd., Perrigo Company plc, Else Nutrition, Biostime, Juniper Naturals, and Mead Johnson & Company, LLC. For More Information Visit Here: Segmentation By Formula Type • oCow’s Milk Protein-Based oSoy-Based oProtein Hydrolysate By Form • oPowdered oConcentrated Liquid oReady-to-Use By Distribution Channel • oOffline oOnline By Ggeography oAmericas oEurope Middle East and Africa oAsia Pacific •

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