Asia Pacific Baby Drinks Market

Asia Pacific Baby Drinks Market  Size and Growth Analysis:

Asia Pacific Baby Drinks Market was worth USD 8.91 billion in 2021 and is estimated to be growing at a CAGR of 10.7%, to reach USD 14.81 billion by 2026.

Asia Pacific Baby Drinks Market Overview:

Infant formula, baby juice, and baby electrolyte contain vitamins and nutrients for the development of the baby. Although physicians recommend breastfeeding to infants, infant formula can be used as an alternative due to the similar nutrient contents. The market is driven by an increase in the number of women professionals. Moreover, changes in lifestyle, rise in middle-class population, and growth in disposable income in the emerging economies, such as India, China, and Indonesia, among others, have propelled the market growth. However, concerns related to food safety and the decline in the global birth rate are expected to hamper the market growth.

Asia Pacific Baby Drinks Market Segmentation:

The market for Baby Drinks is broadly categorized into

• product

• application

• distribution channel

By product 

• Infant formula

• baby juice

• baby electrolyte

By application

• 6months

• 6-12months

• 12-36 months

and more than 36months. By distribution channel, the market is classified into Hypermarkets, Pharmacy/medical stores, Speciality stores and hard discounter stores. Hypermarkets lead the market in this segment.

Asia Pacific Baby Drinks Market geographical Analysis

• China

• India

• Japan

• South Korea

• Australia

The Baby Drinks market was dominated by Asia Pacific due to increasing population and increased female participation in labor force. Increase in disposable income, busy lifestyle, and rise in standard of living in these regions have boosted the market growth. China dominates the regional market.

Asia Pacific Baby Drinks Market Key players:

1. Nestle S.A.

2. Heinz

3. Hain Celestial Group

4. Abbott Laboratories

5. Mead Johnson Nutrition Company, LLC.

6. Danone

7. Beingmate Group Co. Ltd.

8. HiPP GmbH & Co.

9. Campbell Soup Company

10. Arla Foods

11. D. Signstore