Infant Formula Segmentation
The global infant formula market is segmented by form, ingredients, type, distribution channel, and by end-users. On the basis of form, the market is segmented into powdered, concentrated and ready-to-feed, out of which, the powdered segment is estimated to garner the maximum share in the market throughout the forecast period, on the back of its easy availability and lower cost. Moreover, it is convenient to use and carry and can be easily stored, making it ideal for travelling. On the basis of end-user, the 00 to 06-month old segment is projected to garner the highest revenue over the forecast period. The tendency among parents to be extra-precautious for the baby’s health in the first six months, and growing prevalence of diseases among mothers, which prevent them from breastfeeding, accounts for the dominance of this segment.
Our in-depth analysis of the global market includes the following segments:
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Form |
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Ingredients |
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Type |
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Distribution Channel |
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End-Users |
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