The Infant Nutritional Premix market is anticipated to grow with a CAGR of 5.5% over the forecast period of 2019-2028. Infant nutritional premixes are food products with various nutritional components like botanicals, vitamins, and probiotics etc., which are blended in perfect proportions to proie proper nutrition to the infants. These formulas are useful to improve the overall health of an infant and reduce mortality rate among infants. The increasing inclination of customers towards proper infant nutrition and growing need to provide balanced nutrition to infants may drive the market immensely in the forecast period. Various babies who are deprived of breast milk due to medical issues or maternal mortality has triggered the market immensely in the recent years. Furthermore, the brands in the market are investing into research and development to produce effective blends to improve infant health which may anticipate the market growth in the future.

Top Driver: Increasing Awareness and Inclination of Consumers towards Nutritional Products may drive the Market in the Future

Infants need to be fed with great care since they are extremely vulnerable. They need to be given all the essential nutrients in right amount to avoid infant mortality rate. Therefore, the growing awareness about nutritional elements and their need has triggered the infant nutritional premixes market widely. Moreover, consumes are quite concerned about the nutritional properties their babies need to be fed and are inclining towards these premixes to avoid any deficiencies in the infants. Hence they market if expected witness huge growth in the coming years.

Mineral and Vitamin Segments to Witness Huge Growth in the Future  

The market is segment on the basis of product type as mineral premixes, vitamin premixes, amino acids premixes, nucleotide premixes and others. The minerals and vitamin segments held the largest market share owing to the fact that the infants are mostly deprived of essential vitamins and minerals due to lesser availability of these elements in common food that the mother eats. Since, these essential elements are already in trace levels in the food, a smaller amount is able to reach the infants that may not be enough for their proper growth.

Based on form the market is segmented into powdered and liquid. Based on end use, the market is segmented into new born, infants, pre-schoolers.

North America Accounted for the Largest Market Share

North America accounted for the largest market share due to reasons such as growing awareness among people, presence of major key players in the region and rising innovative product development. Europe held the second largest market share. Asia Pacific is expected to grow at a high CAGR in the forecast period.

Players to Focus on New Product Development

The global Infant Nutritional Premix market is expected to grow with a significant CAGR due to presence of various companies including Glanbia Plc, Koninklijke DSM, SternVitamin GmbH & CO. KG, Lycored Limited, BASF SE, Watson-Inc., Hexagon Nutritional Pvt. Ltd., Fenchem biotek Ltd, Jubilant Life Sciences Limited, Prinova  Group and others which are developing new products to drive the market growth.

Various conferences and events are organized by key players to introduce their product in the market and provide information about maternal and child health. Such steps taken by the key players is expected to attract the potential audience in great demand ultimately profiting the company sales.

Informa Markets :  Informa Markets, which is known to be leading organizer of exhibitions such as Children and Baby maternity Expo and Fi India, recently announced a Maternal and Child Nutrition Conference in Mumbai, India on 19-20 march 2020. The conference would be presented by DSM Nutrition Company which is a leading supplier of vitamins and nutritional premixes.

Danone: In February 2020, Danone which is a French-based company announced an innovative digital service that helps track the infant formula through its supply chain process. This service comes with a QR code that helps the buys to track the shipments and flow of the product through supply chain.

Scope of the Report

By Product Type

• Mineral Premix
• Vitamin Premix
• Amino Acid Premix
• Nucleotide Premix
• Others

By Form

• Powdered
• Liquid

By End-User

• New born
• Infants
• Pre-schoolers

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.