Global Baby Foods & Infant Formula Market to Grow by 22.7 Billion Through 2020-2025

Release date:2020-04-10

By Yahoo finance

 

Dublin, Feb. 19, 2020 (GLOBE NEWSWIRE) -- The "Baby Foods and Infant Formula - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

 

Baby Foods and Infant Formula market worldwide is projected to grow by US$22.7 Billion, driven by a compounded growth of 5.4%.

 

Infant Formula, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$55.7 Billion by the year 2025, Infant Formula will bring in healthy gains adding significant momentum to global growth.

 

Representing the developed world, the United States will maintain a 4.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$784.2 Million to the region's size and clout in the next 5 to 6 years. Over US$645.1 Million worth of projected demand in the region will come from Rest of Europe markets.

 

In Japan, Infant Formula will reach a market size of US$3.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.6% over the next couple of years and add approximately US$6.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

 

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

 

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.


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