Pediatric Nutrition Market to Accumulate over US$ 35,211.6 million | CAGR: 6.4% (2021-2027): Coherent Market Insights

Pediatric Nutrition Market report provides key enumeration on the Market status of the Pediatric Nutrition manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Pediatric Nutrition industry. It delivers important information to identify and analyse the market need, market Growth and competition.

The global Pediatric Nutrition Market analysis further provides pioneering landscape of market along with market augmentation history and key development involved in the industry. The report also features comprehensive research study for high growth potential industries professional survey with market analysis. Pediatric Nutrition Market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.

Overview

Nutritional items supplied to babies and children as a single source of nourishment or as a supplement are referred to as pediatric nutrition. These items promote children’s physical and mental development, resulting in balanced development throughout their formative years, from infancy through puberty. In situations of preterm delivery or newborns with severe allergies, such as lactose intolerance, the use of these products is important. Premature babies cannot be nursed directly, therefore these items are their only source of nutrition until they are able to transition to nursing. According to the Centers for Disease Control and Prevention (CDC), around 10 percent (1 in every 10) of newborns in the United States were preterm in 2016. Furthermore, the World Health Organization estimates that about 15 million babies are born prematurely each year throughout the world.

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Drivers

The global pediatric nutrition market is projected to increase due to rising demand for nutritional products in Asia Pacific. India and China, two of the world’s most populous nations, are located in Asia Pacific. Each year, the birth rate in these nations is among the highest. China ended its one-child rule in October 2015, which is projected to boost the country’s birth rate. According to the World Bank, India’s crude birth rate (births per 1,000 people) was 19 in 2015, significantly higher than that of developed nations. In India, a substantial year-on-year rise in the gross births is likely to lead to an increase in total births in the coming years.

Moreover, firms like Mead Johnson Nutrition have had very high operating profits in 2016, 2015, and 2014, with 64.2 percent, 64.3 percent, and 61.4 percent, accordingly. This, in turn, suggests a profitable potential for market participants in this industry, resulting in a rise in large-scale entrance.

In 2016, the global pediatric nutrition market was worth US$ 35,211.6 million, and it is anticipated to grow at a CAGR of 6.4 percent from 2017 to 2025.

Gluten intolerance, cow’s protein milk sensitivity, maple syrup urine illness, phenylketonuria, and metabolic syndrome are just a few of the health issues that newborns and children encounter. These youngsters demand specific nourishment, which nutritional supplements may supply. Mead Johnson Nutrition created a distinct category of goods for children who suffer from allergies. The global pediatric nutrition market is anticipated to increase as the number of products available to address this specific demographic grows, as does recognition of such disorders. Moreover, firms are concentrating on the creation of goods that may be used as a general-purpose nutrition enhancer or flavor modification. ChocoMilk and Cal-C-Tose are two such products that improve the nutritional content of milk when introduced to it.

To increase their position in the worldwide market, companies are concentrating on aggressive development techniques such as mergers and acquisitions. Nestle S.A. bought Pfizer Inc.’s baby feeding division in 2012. Reckitt Benckiser Group purchased Mead Johnson Nutrition, a prominent provider in pediatric nutrition, in June 2017.

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Reasons to Purchase this Report

• Current and future of global Pediatric Nutrition Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Pediatric Nutrition Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of Reckitt Benckiser Group Plc, Nestlé S.A., Abbott Laboratories, Groupe Danone, Royal FrieslandCampina, Baxter International Inc., Fresenius Kabi, and B. Barun Melsungen AG

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