Latin America Infant Formula Ingredients Market by Ingredient Type (Carbohydrates, Oils & Fats, Proteins, Vitamins, Minerals, Prebiotics), Application (Growing-up Milk, Standard Infant Formula, Follow-on Formula, Specialty), Form (Oils and Fats, Starches, Proteins, Prebiotics, Nutrients, Minerals, and others), Source (Dairy Animals' Milk, Soy, Protein Hydrolysates, and others) and By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2024 to 2029)

Updated On: January, 2024
ID: 9914
Pages: 135

Latin America Infant Formula Ingredients Market Growth and Forecast (2022 - 2027):

The Latin America Infant Formula Ingredients Market size was worth US$ xx million in 2021 and it is predicted that it will reach US$ xx million by 2026 with an annual development rate of xx% between 2021 and 2026.

Market Overview:

There are several types of nutrition for babies and young children on the market. Infant formulas consist of refined dairy milk as a protein source, a blend of vegetable oils from a fat source, a blend of vitamins and minerals, lactose as a carbohydrate source, and other ingredients, depending on the manufacturing process. Infant formulas are used from 12 months to infants and are generally safe for consumers and most products are recognized as cow based. Infant formulas generally contain functional ingredients. In recent years, the infant formula industry has grown rapidly due to the growth of the milk powder industry and the increase in per capita income. Infant formula is an ingredient used in the manufacture of food for the feeding of babies under 1 year of age. Today, the adoption of infant formulas has increased to provide babies with the nutrients and supplements they need. Infant formulas break down protein and other nutrients into smaller particles to aid your baby's digestion. A variety of infant formulas are available in the market to meet the requirements that promote the growth of the infant formula powder market. Infant formulas help improve children's health and ultimately minimize hospital costs.

Recent Developments in Latin America Infant Formula Ingredients Industry:

  • BASF and GlycoSyn have shaped an organization concentrated on youngster sustenance. This incorporated the turn of events and commercialization of human milk oligosaccharides (HMO).

Latin America Infant Formula Ingredients Market Growth:

As people's awareness increases, the adoption of the Latin America Infant Formula Ingredients type of nutrition has increased.

Drivers:

Increased awareness and high availability of formulas among working mothers are other factors driving the growth of the Latin America Infant Formula Ingredients market. Infant formulas are sometimes difficult to digest. In infant formulas, the protein is used to prepare foods with alternative hypoallergenic proteins for babies with milk allergies, celiac disease, and gluten intolerance. Consumption of protein as a component in various applications, such as milk farming and special preparations, is expected to increase overall demand for infant formulas in the coming years. The prevalence of malnutrition or malnourished babies has increased in recent years. The Latin America Infant Formula Ingredients market is primarily driven by an increase in the middle-class population, an increase in the number of working women, and a growing awareness of natural infant feeding. In addition, a large population base, rapid economic development, and a high birth rate will support the growth of the Latin America Infant Formula Ingredients market. Therefore, the Latin America Infant Formula Ingredients has attracted the attention of several people around the world. Insufficient breastfeeding, a preference for convenient breastfeeding, and an increased awareness of natural infant feeding will spur market growth. The dynamics of the Latin America Infant Formula Ingredients market are expected to be characterized by high levels of regulation.

The Latin American market has experienced significant growth in recent years due to the potential health benefits provided by child nutrition, such as reduced cholesterol levels, reduced risk of cardiovascular disease, healthy bone growth, better digestive health, and increased demand. The rising call for prebiotics and certain dairy protein fractions as a result of population growth are key factors supporting the continued development of the Latin America Infant Formula Ingredients market. Another important requirement is that the range of nutrients must remain intact throughout the shelf life of infant formula. In the coming years, special formulas are expected to gain more traction among players. It is important to assess the clinical symptoms of cow allergy for a better formulation. The infant formula is FDA approved and provides a solid foundation for promoting baby's health. Due to these factors, the Latin America Infant Formula Ingredients market is growing. With infant formula, it's very convenient for your family to feed your baby the essential nutrients necessary to stay healthy.

Restraints:

Infant formulas create a common formula that may not be suitable for babies because babies do not need to mix all the formulas. This makes it difficult to adopt infant formulas, which hinders the growth of the Latin America Infant Formula Ingredients market for children's condiments. Some of the nutrition is expensive and a lack of awareness in developing countries can delay Latin America Infant Formula Ingredients market growth. The cost of the ingredients in this products is very high. Babies in the Latin America Infant Formula Ingredients are sometimes difficult to digest. Breast milk contains more whey protein, and infant formulas contain more casein protein, which can make it difficult for your baby to digest and cause certain intestinal problems. Infant formula for babies in the Latin America Infant Formula Ingredients create a common formula that may not be suitable for babies, as they do not need all of the nutrients mixed in the formula. These factors are hampering the growth of the infant formula ingredient market in the Latin America business. This makes it difficult to adopt infant formulas, hampering the growth of the Latin America Infant Formula Ingredients market.

Latin America Infant Formula Ingredients Market Segmentation Analysis:

The Latin America Infant Formula Ingredients market can be divided based on the ingredient type, application, source and form.

Based on the ingredient type, the regional market is divided into carbohydrates, oils & fats, proteins, vitamins, minerals, and prebiotics. By application, the market is separated into growing-up milk, standard infant formula, follow-on formula, specialty, others.

In view of source, the business is sectioned into dairy animals' milk, soy, protein hydrolysates, and others. The cow milk-portion find wide scale utilization across Latin America Infant Formula Ingredients areas attributable to its acknowledgment as a practical creation procedure, and bovine milk-based fixings that are available in mass.

Based on form, the Latin America Infant Formula Ingredients market is divided into oils and fats, starches, proteins, prebiotics, nutrients, minerals, and others. The probiotics Latin America Infant Formula Ingredients fragment comes in various structures, for example, concentrated fluid and powder, and can be blended in with different fluids, for example, milk. The modified item offering is explicitly intended to coordinate the metabolic and intestinal needs of newborn children, which, thusly, is relied upon to profit section development throughout the following seven years.

Regional Analysis:

Latin America is the most promising market for infant formulas ingredients. Brazil, Mexico, Argentina, Chile and Venezuela are the main countries that contribute significantly to the growth of the Latin America Infant Formula Ingredients market. In the Brazilian market, Infant Formula Ingredients are expected to increase significantly during the outlook period. The main driving force in the Brazilian market is a significant investment in new products and official presentations and product promotions that improve communication between product manufacturers and consumers. The Mexican infant formula ingredients market is also growing steadily. Several marketing campaigns by manufacturers and suppliers of baby products have contributed to increasing sales of the Latin America Infant Formula Ingredients market in the region. However, a poorly performing economy remains a major constraint in the area.

Key Players in the Market:

Major key players in the Latin America Infant Formula Ingredients Market are

  • Abbott Nutrition
  • Nestle SA
  • Hero AG
  • Perrigo Company Plc
  • The Kraft Heinz Company
  • Plum
  • Mead Johnson Nutrition Company
  • Beingmate Group Co Ltd
  • Hipp
  • Gerber Products Company
  • Baby Gourmet Foods Inc
  • Beech-Nut Nutrition Corporation
  • The Hain Celestial Group Inc and others

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