The Infinium Global Research analyzes the Baby Drinks Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global baby drinks market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of baby drinks. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the baby drinks market during the period. The global baby drinks market is projected to grow at a CAGR of 9.7% over the forecast period of 2018-2024.
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Baby drinks are nutritional drinks that is designed for toddlers. These baby drinks have DHA (Docosahexaenoic acid), a type of Omega 3 fat, an important building block of the brain, and has 26 nutrients including iron, calcium, vitamins C and D and a fiber blend that help support toddler’s balanced nutrition, healthy growth, and development. It is ideal for toddlers who are transitioning to table food and are over 12 months of age. It is a balanced nutrition diet supplemented for rapid growth during development years.
Growth in the disposable income among new parents is motivating them to provide branded nutritional baby drinks. These new parents are more concerned about the physical and mental growth of their child. The overall growth of a child is not possible through conventional food, which lack several nutrients. This conventional food lacks microelements, which are really helpful in the overall growth of the child.
Hence, new parents with high disposable income are providing these products to their children. Working women, with ample disposable income, have a busy schedule to balance their office and home. Several times they are so busy that, they found very difficult to take care of their children in proper way. Hence, they use the baby drinks to nourish their children. These nutritional drink products supplement their children’s diet. Hence, the growth of disposable income is boosting the demand for a baby drink.
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Asia-Pacific is the Highest Revenue Contributor to the Global Market
Among the geography, Asia-Pacific is the highest revenue contributor to the global market, owing to large population growth under the age group of 0-4 years. Increased female participation in labor force in countries, such as China, India, South Korea, and Indonesia, have fueled the growth of baby drinks market. Moreover, increase in disposable income, busy lifestyle, and rise in standard of living in these regions have boosted the market growth.
Baby Drinks Market: Segmentation
The report on global baby drinks market covers segments such as, product type, distribution channel and end users. On the basis of product type the global baby drinks market is categorized into solid drinks and liquid drinks. On the basis of distribution channel the global baby drinks market is categorized into hyper market, super markets, pharmacy/medical store, specialty stores, hard discounter store and others. On the basis of end users the global baby drinks market is categorized into less than 6 months, 6 months to 12 months, 12 months to 36 months and greater than 36 months.
Baby Drinks Market: Competitive Landscape
The report provides profiles of the companies in the global baby drinks market such as, NESTLE S.A., HEINZ AND HAIN CELESTIAL GROUP, MEAD JOHNSON NUTRITION COMPANY, LLC, DANONE, BEINGMATE GROUP CO. LTD., CAMPBELL SOUP, ABBOTT LABORATORIES, ARLA FOODS and D. SIGNSTORE.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-baby-drinks-market
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the baby drinks.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.