According to the business intelligence report titled ‘Global Infant Nutrition Market Size Study, By Product Type (Follow-on Milk, Specialty baby milk, Infant Milk, Prepared baby food, Dried baby food), By Form (Solid baby food and Liquid baby food), By Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Pharmacy, Online and Others) and Regional Forecasts 2021-2027’, available with Market Study Report, global infant nutrition market was evaluated at USD 50.46 billion in 2019 and is projected to be worth USD 109.10 billion by 2027, growing 10.6% CAGR between 2021-2027.
 

Adoption of comfort-oriented life and rapid urbanization have increased demand for pre-made meals for toddlers, thereby stimulating global infant nutrition industry growth. Moreover, initiatives by government organizations and private firms to enhance awareness regarding infant health will drive market expansion.
 

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Citing an example, in March 2020, the Kraft Heinz Company joined forces with Babytree Group, a renowned childcare platform in China, to donate 4000 boxes of infant nutrition product to families in need through the Fosun Foundation (Shanghai).
 

For the unaware, infant nutrition products are manufactured in liquid or powder form for babies who are below 12 months of age. Usage of these products enhances cognitive performance & development, leads to healthy growth of infants, and improves their immunity and gastrointestinal health.
 

Emphasis on improving product safety with technological developments in manufacturing processes and preference for natural products will aid worldwide infant nutrition market proliferation as well.
 

Based on form, the industry is divided into liquid baby food and solid baby food. Speaking of distribution channel, the business sphere is bifurcated into hypermarket/supermarket, online, convenience stores, pharmacy, and others. Moving on to product spectrum, the marketplace is fragmented into specialty baby milk, infant milk, follow-on milk, prepared baby food, and dried baby food.
 

From the regional frame of reference, Asia Pacific held a significant share in global infant nutrition market in the past year due to surging population of working women resulting in rising adoption of baby formula. On the other hand, Europe market is anticipated to grow rapidly between 2021-2027, owing to increasing public awareness about infant formula.
 

Key players shaping worldwide infant nutrition industry trends are Nestle S.A., Anand Milk Union Limited (AMUL), Arla Foods amba, Abbott Laboratories, Kraft Heinz Company, Danone S.A., Perrigo Company plc, Campbell Soup Company, Reckitt Benckiser Group plc, and DANA Dairy Group Ltd.