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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090106

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090106

Global Follow on Formula Milk Market Size study, by Form, by Ingredients, by Flavor, by Distribution Channel, and Regional Forecasts 2022-2028

PUBLISHED: June 13, 2022

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DELIVERY TIME: 2-3 business days

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Global Follow on Formula Milk Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Follow on Formula Milk can be defined as alternative to breast milk containing nearly similar amount of nutrients such as vitamins, minerals, proteins, fats, carbohydrates, prebiotic, and linoleic acid among others. As compared to conventional milk, formula milk contains significantly more iron than infant milks. It is used to feed infants between the ages of 6 months to 12 months. The growing infant nutrition market worldwide and increasing incidences of low milk supply syndrome as well as recent product launches from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - In 2019, the global baby food market was estimated at USD 67.3 billion, and the baby food market is projected to grow to USD 96.3 billion. Furthermore, in November 2020, US based Abbott Inc. launched its new infant formula named, Similac Pro-Advance with 2'-Fucosyllactose Oligosaccharide† (2'-FL†) in Canada. Moreover, in January 2021, Bunge Loders Croklaan (BLC) launched a new lipid solution called, Betapol Select. This new product mimics the composition of Chinese mothers' milk fat. Also, growing expansion of working women segment and rising prevalence of lactation insufficiency in developed economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising awareness towards benefits of breastfeeding and initiatives from government organizations & Regulatory authorities to increase awareness towards breast feeding impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Follow on Formula Milk Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing number of baby births and presence of leading market players in the region. Whereas Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing number of working class women and rising penetration of leading market players in the region, would create lucrative growth prospects for the global Follow on Formula Milk Market across the Asia pacific region.

Major market players included in this report are:

The Hain Celestial Group
Vertrieb KG
Abbott Laboratories
Reckitt Benckiser
Campbell Soups
HiPP GmbH & Co.
Nestle S.A.
Dana Dairy Group Ltd
Danone SA
Gerber Products Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:

Ready to Food
Powder

By Ingredients:

Minerals
Carbohydrates
Fats
Vitamins
Proteins

By Flavors:

Unflavored
Chocolate
Vanilla
Strawberry
Peach
Original

By Distributional Channel:

Hypermarkets
Pharmacy Stores
Specialty Stores
Supermarkets
Hard Discounter Stores
Online Platforms
Others

By Region:

North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC

Latin America
- Brazil
- Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Follow on Formula Milk Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Follow on Formula Milk Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Follow on Formula Milk Market, by Form, 2020-2028 (USD Million)
- 1.2.3. Global Follow on Formula Milk Market, by Ingredients, 2020-2028 (USD Million)
- 1.2.4. Global Follow on Formula Milk Market, by Flavors, 2020-2028 (USD Million)
- 1.2.5. Global Follow on Formula Milk Market, by Distribution Channel, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Follow on Formula Milk Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Follow on Formula Milk Market Dynamics

3.1. Follow on Formula Milk Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing infant nutrition market worldwide.
  - 3.1.1.2. Increasing incidences of low milk supply syndrome.
  - 3.1.1.3. Recent product launches from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising awareness towards benefits of breastfeeding.
  - 3.1.2.2. Initiatives from government organizations & Regulatory authorities.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing expansion of working women segment.
  - 3.1.3.2. Rising prevalence of lactation insufficiency in developed economies.

Chapter 4. Global Follow on Formula Milk Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Follow on Formula Milk Market, by Form

6.1. Market Snapshot
6.2. Global Follow on Formula Milk Market by Form, Performance - Potential Analysis
6.3. Global Follow on Formula Milk Market Estimates & Forecasts by Form 2018-2028 (USD Million)
6.4. Follow on Formula Milk Market, Sub Segment Analysis
- 6.4.1. Ready to Feed
- 6.4.2. Powder

Chapter 7. Global Follow on Formula Milk Market, by Ingredients

7.1. Market Snapshot
7.2. Global Follow on Formula Milk Market by Ingredients, Performance - Potential Analysis
7.3. Global Follow on Formula Milk Market Estimates & Forecasts by Ingredients 2018-2028 (USD Million)
7.4. Follow on Formula Milk Market, Sub Segment Analysis
- 7.4.1. Minerals
- 7.4.2. Carbohydrates
- 7.4.3. Fats
- 7.4.4. Vitamins
- 7.4.5. Proteins

Chapter 8. Global Follow on Formula Milk Market, by Flavors

8.1. Market Snapshot
8.2. Global Follow on Formula Milk Market by Flavors, Performance - Potential Analysis
8.3. Global Follow on Formula Milk Market Estimates & Forecasts by Flavors 2018-2028 (USD Million)
8.4. Follow on Formula Milk Market, Sub Segment Analysis
- 8.4.1. Unflavored
- 8.4.2. Chocolate
- 8.4.3. Vanilla
- 8.4.4. Strawberry
- 8.4.5. Peach
- 8.4.6. Original

Chapter 9. Global Follow on Formula Milk Market, by Distribution Channel

9.1. Market Snapshot
9.2. Global Follow on Formula Milk Market by Distribution Channel, Performance - Potential Analysis
9.3. Global Follow on Formula Milk Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Million)
9.4. Follow on Formula Milk Market, Sub Segment Analysis
- 9.4.1. Hypermarkets
- 9.4.2. Pharmacy Stores
- 9.4.3. Specialty Stores
- 9.4.4. Supermarkets
- 9.4.5. Hard Discounter Stores
- 9.4.6. Online Platforms
- 9.4.7. Others

Chapter 10. Global Follow on Formula Milk Market, Regional Analysis

10.1. Follow on Formula Milk Market, Regional Market Snapshot
10.2. North America Follow on Formula Milk Market
- 10.2.1. U.S. Follow on Formula Milk Market
  - 10.2.1.1. Form estimates & forecasts, 2018-2028
  - 10.2.1.2. Ingredients estimates & forecasts, 2018-2028
  - 10.2.1.3. Flavors estimates & forecasts, 2018-2028
  - 10.2.1.4. Distribution Channel estimates & forecasts, 2018-2028
- 10.2.2. Canada Follow on Formula Milk Market
10.3. Europe Follow on Formula Milk Market Snapshot
- 10.3.1. U.K. Follow on Formula Milk Market
- 10.3.2. Germany Follow on Formula Milk Market
- 10.3.3. France Follow on Formula Milk Market
- 10.3.4. Spain Follow on Formula Milk Market
- 10.3.5. Italy Follow on Formula Milk Market
- 10.3.6. Rest of Europe Follow on Formula Milk Market
10.4. Asia-Pacific Follow on Formula Milk Market Snapshot
- 10.4.1. China Follow on Formula Milk Market
- 10.4.2. India Follow on Formula Milk Market
- 10.4.3. Japan Follow on Formula Milk Market
- 10.4.4. Australia Follow on Formula Milk Market
- 10.4.5. South Korea Follow on Formula Milk Market
- 10.4.6. Rest of Asia Pacific Follow on Formula Milk Market
10.5. Latin America Follow on Formula Milk Market Snapshot
- 10.5.1. Brazil Follow on Formula Milk Market
- 10.5.2. Mexico Follow on Formula Milk Market
10.6. Rest of The World Follow on Formula Milk Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. The Hain Celestial Group
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Vertrieb KG
- 11.2.3. Abbott Laboratories
- 11.2.4. Reckitt Benckiser
- 11.2.5. Campbell Soups
- 11.2.6. HiPP GmbH & Co.
- 11.2.7. Nestle S.A.
- 11.2.8. Dana Dairy Group Ltd
- 11.2.9. Danone SA
- 11.2.10. Gerber Products Company

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Follow on Formula Milk Market, report scope
TABLE 2. Global Follow on Formula Milk Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Follow on Formula Milk Market estimates & forecasts by Form 2018-2028 (USD Million)
TABLE 4. Global Follow on Formula Milk Market estimates & forecasts by Ingredients 2018-2028 (USD Million)
TABLE 5. Global Follow on Formula Milk Market estimates & forecasts by Flavors 2018-2028 (USD Million)
TABLE 6. Global Follow on Formula Milk Market estimates & forecasts by Distribution Channel 2018-2028 (USD Million)
TABLE 7. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Follow on Formula Milk Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Follow on Formula Milk Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Follow on Formula Milk Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Follow on Formula Milk Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Follow on Formula Milk Market
TABLE 57. List of primary sources, used in the study of global Follow on Formula Milk Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Follow on Formula Milk Market, research methodology
FIG 2. Global Follow on Formula Milk Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Follow on Formula Milk Market, key trends 2021
FIG 5. Global Follow on Formula Milk Market, growth prospects 2022-2028
FIG 6. Global Follow on Formula Milk Market, porters 5 force model
FIG 7. Global Follow on Formula Milk Market, pest analysis
FIG 8. Global Follow on Formula Milk Market, value chain analysis
FIG 9. Global Follow on Formula Milk Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Follow on Formula Milk Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Follow on Formula Milk Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Follow on Formula Milk Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Follow on Formula Milk Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Follow on Formula Milk Market, regional snapshot 2018 & 2028
FIG 15. North America Follow on Formula Milk Market 2018 & 2028 (USD Million)
FIG 16. Europe Follow on Formula Milk Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Follow on Formula Milk Market 2018 & 2028 (USD Million)
FIG 19. Global Follow on Formula Milk Market, company Market share analysis (2021)