The size of the Latin America infant nutrition market is expected to be worth USD 3.09 billion in 2024 and grow at a CAGR of 8.63% from 2024 to 2029 to achieve USD 4.67 billion by 2029. It consists of different sets of products from different infant formulas to an array of foods for babies.
Natural nourishment is one of the quickest developing divisions in the food business generally, encountering twofold digit development in most created markets and a 1-2% development rate for customary nourishment products. Meeting strict quality requirements is also important in the Baby Food Market, the most important trends in this market segment focus on benefits more than risk mitigation. Three key trends currently dominate the infant Food Market: innovative package design, organic options and products that provide specific health benefits focused on children’s physical and cognitive development.
Major Key Players in the Latin America Infant Nutrition Market are Nestlé S.A, Abbott Nutrition, Groupe Danone, Mead Johnson Nutrition, Meiji Holdings Co. Ltd, The Kraft Heinz Company, Beingmate Baby & Child Food CoPfizer Inc. , Synutra International, Inc, and FrieslandCampin
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