According to the research report titled ‘Global Baby Drinks Market Size study, by Product Type (Baby Formula, Juice, Electrolyte), by Distribution Channel (Supermarket & Hypermarket, Pharmacies, Online) and Regional Forecasts 2021-2027’, available with Market Study Report, global baby drinks market was valued at USD 114.1 billion in 2020 and is reckoned to record a compound annual growth rate of 10.4% over 2021-2027 to accumulate USD 125.97 billion by the end of the analysis timeframe.
 

Rising number of working women in various sectors, growing consciousness regarding infant health,  and rising research & development activities are catalyzing the growth of global baby drinks market.
 

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As per data provided by the American Express, the number of women-owned businesses grew by 3.9% annually between 2014 and 2019. Also, according to Catalyst.org, the percentage of women in senior management roles all over the world grew to 29% in 2019.
 

It is to be noted that baby drinks are adopted as a substitute or additional food for infants as they provide similar nutrient benefits.
 

Factors such as soaring discretionary income, surging urbanization, and increasing innovations & launch of new products are fueling global baby drinks industry expansion. For instance, Danone S.A. launched Aptamil pre-measured tabs in March 2021, which can be easily dissolved in water for baby food.
 

Despite the positive outlook, cases of contamination in product formula, coupled with stringent directives by the authorities are likely to impede business expansion over the analysis timeframe.
 

As per expert verbatim, North America, Europe, Asia Pacific, and Latin America are major benefactors to overall industry remuneration. Among these, Asia Pacific presently captures a substantial  market share and is poised to register momentous growth through 2027, accredited to increasing awareness for healthy infant food products, enhanced standards of living, and growing population.
 

The competitive landscape of global baby drinks industry is defined by companies such as D Signstore,Mead Johnson & Company, LLC, Arla Foods amba, HiPP GmbH & Co. Vertrieb KG, Campbell Soup Company, Beingmate Baby & Child Food Co., Ltd., Danone S.A., Abbott Laboratories, The Hain Celestial Group, Inc., and Nestlé S.A. among others.