Global Infant Formula Ingredients Market is expected to reach US$ 37.23Bn by 2026 from US$ 14.54Bn in 2017 at a CAGR of 12.47%. (detailed analysis of growth rate has been provided in a report).
Global Infant Formula Ingredients Market
Infant Formula Ingredients Market is segmented on the basis of type, application, form, source, and geography. Infant Formula Ingredients Market on the basis of type is segmented into carbohydrates, oils and fats, protein, vitamins and minerals and prebiotics. Carbohydrates are mostly used in the production of infant formulas. On the basis of applications, growing-up milk held the largest market share in 2017 due to the formula being a good source of nutrients. On the basis of form, infant formula ingredients market is segmented into powder, liquid and semi-liquid. The infant formula ingredients in the form of powder are widely used by different end-users as they are easier to handle than in liquid form.
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