Global Baby Foods and Infant Formula Industry

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Feb 25, 2020, 08:05 ET

NEW YORK, Feb. 25, 2020 /PRNewswire/ -- Baby Foods and Infant Formula market worldwide is projected to grow by US$22.7 Billion, driven by a compounded growth of 5.4%. Infant Formula, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$55.7 Billion by the year 2025, Infant Formula will bring in healthy gains adding significant momentum to global growth.

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- Representing the developed world, the United States will maintain a 4.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$784.2 Million to the region's size and clout in the next 5 to 6 years. Over US$645.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Infant Formula will reach a market size of US$3.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.6% over the next couple of years and add approximately US$6.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,

Abbott Laboratories
Abbott Nutrition
AMUL
Beingmate Group
Bellamy's Organic
Biostime Inc.
Dana Dairy Group
Danone SA
Daqing Dairy Holdings
Fonterra Co-operative Group
H. J. Heinz Company
Hain Celestial Group
Hero Group
HiPP UK Ltd.
Mead Johnson Nutrition Company
Meiji Co., Ltd.
Morinaga Milk Industry Co. Ltd.
Nestlé S.A.
Perrigo Company plc
Synlait Milk Ltd.
The a2 Milk Company
Wakodo Co. Ltd.
Yashili International Holdings
Yili Group

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Baby Foods and Infant Formula: Meeting the Taste, Flavor,
Health, and Nutrition Needs of the Most Precious Consumers
Recent Market Activity
Global Pediatric Nutrition: Fast Facts on the Past, Present,
and the Future
Major Trends Impacting the Global Infant Formula and Baby Food
Market
Relaxation of the One Child Policy of China
Falling Prices of Milk
Strengthening Dollar Shrinks Profits for US Companies
More Stringent Monitoring of Infant Formula Market by China
The Zika Virus in Latin American Countries
Strong Emphasis of International Organizations on Breastfeeding
Changing Consumer Preferences
Key Factors Impacting Sales
Generational Influence, Race, and Focus on Nutrition: The Three
Major Determinants of Demand for Baby Foods
Major Factors Influencing Consumer Purchasing Behavior for Baby
Food
Convenient Packaging
Organic Options
Focused Health Benefits
Strict Quality and Production Regulations Continue to Impact
Infant Formula Market
Global Market Outlook
Traditional Revenue Contributors Lose Market Dominance to Asian
Super Powers
Global Competitor Market Shares
Baby Foods and Infant Formula Competitor Market Share Scenario
Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

Abbott Laboratories
Abbott Nutrition
AMUL
Ausnutria Dairy Corporation Ltd.
Balactan Nutrition
Beingmate Group Co., Ltd.
Bellamy?s Organic
Biostime Inc.
Dana Dairy Group
Danone SA
Danone Nutricia
Bledina SA
Cow & Gate
Milupa Nutricia GmbH
Nurture Inc. (Happy Family)
Daqing Dairy Holdings Limited
Feihe International, Inc.
Fonterra Co-operative Group
H. J. Heinz Company
Hain Celestial Group
Ella's Kitchen (Brands) Limited
Hero Group
Beech-Nut Nutrition Corporation
Semper AB
HiPP UK Ltd.
Hong Kong Wissun Group
Mead Johnson Nutrition Company
Meiji Co., Ltd.
Morinaga Milk Industry Co., Ltd.
Nestlé S.A.
Gerber Products Company
Parent's Choice
Perrigo Company plc
Plum Organics
Synlait Milk Ltd.
Synutra International Inc.
The a2 Milk Company
Wakodo Co. Ltd.
Yashili International Holdings Ltd.
Yili Group

3. MARKET TRENDS & DRIVERS

Despite Decline in Global Birth Rates, Innovation and
Premiumization Drive Healthy Market Growth
Surging Popularity of Non-GMO and Organic Infant Formulas
Benefit Market Expansion
Emerging Economies to Provide Major Impetus to the Global
Organic Baby Foods Market
Focus on Breastfeeding Alternatives Drive Steady Growth in
Demand for Ready-to-Drink Infant Milk
High Pressure Processing for Baby Food Products for Maximized
Health Benefits
Demand for Colostrum-based Baby Food Products Gain Momentum
Food-borne Allergies Propel Demand for Hypo/Anti-Allergic Baby
Food
Higher Levels of Vitamin K1 and Vitamin K2 in Infant Formula:
Essential Nutrients for Fortifying Childhood Development
Rising Incidence of Coeliac Disease Spurs Demand for Gluten-
Free Infant Foods
Specialized Formula Products Inundate the Market
Soy-based Infant Formula Gains Popularity
Research on the Right Ingredients to Close the Gap between
Formulas and Breast Milk Continues
Probiotics: The Next Big Thing in Infant Formulas?
Commercially Prepared Baby Foods: A Boon for Working Parents
Expanding Consumer Base for Baby Food Market
Adult Style Recipes Find Favor
Favorable Demographic and Economic Trends Strengthens Market
Prospects
Ballooning Global Population
Shrinking Family Size Lead to Higher Discretionary Spending
India & China: Important Potential Future Markets
PRODUCT INNOVATIONS AND ADVANCEMENTS
Infant Formula Brands with Innovative Ingredients
Major Infant Formula Brands and their Innovative Ingredients:
Brief Details
Recent Innovative Baby Food Launches
Little Spoon's Organic Baby Food Using High Pressure Processing
(HPP)
Once Upon a Farm's Organic Baby Food without Preservatives
Yura Yogurt Packaging
Happy Family Organic Superfoods
HappyFamily Introduces Pouch-Based, Shelf-Stable Food Products
Beech-Nut Introduces New Baby Foods in Transparent Glass Honey -
Pot Jars
Gerber Introduced New Soft Foods to Promote Chewing in Babies
Plum Organics Introduces One-Serve Pasta Package
Innovations in Baby Food Ranges from Novel Baby Formulas to
Digitized Infant Accessories
Recent Innovations in Organic Baby Formulas
Grow Well Organic Infant Formula from Plum Organics
Baby's Only Organic LactoRelief Formula
Baby's Only Organic Formula with DHA and ARA
Happy Tot's Grow & Shine Organic Toddler Milk
Earth's Best Organic Infant Formula
Vermont Organics Infant Formula
Select Innovative Organic Baby Cereals
Earth's Best Organic Whole Grain Multi-Grain Cereal
Happy Baby's Organic Puffs
Plum Organics' Hello Morning Oatmeal
Organic Single Grain Oatmeal Baby Cereal from Gerber
Happy Baby's Organic Probiotic Baby Cereal
Infant Formula Containing 2'-FL Enhances Inflammatory Cytokines
Danone-Nutricia Supports Use of Fortified Toddler Milk for
Enhanced Vitamin D and Iron Status
Bimuno® Displays Similar Digestive System Related Functionality
as HMOS
Human Milk Oligosaccharides (HMOs) for Developing Innovative
Baby Food Solutions
N-Acetyl-D-Neuramicin Acid Contain More Sialic Acid to
Replicate Breast Milk
ARA and DHA Enriched Baby Food
Lactalbumin, Lactoferrin, Casein Glycomacropeptide and
ucleotides: High Value Ingredients
Importance of Lipid Sciences in Brain and Vision Development in
Infants
High-beta-palmitate Oils
Human Lipid Fat Analogue
Complex Lipid Matrices
Select Clinical Studies Assessing the Benefits of Lipids in
Infant Formula (2013)

4. GLOBAL MARKET PERSPECTIVE

Table 1: Baby Foods and Infant Formula Global Market Estimates
and Forecasts in US$ Million by Region/Country: 2018-2025
Table 2: Baby Foods and Infant Formula Global Retrospective
Market Scenario in US$ Million by Region/Country: 2009-2017
Table 3: Baby Foods and Infant Formula Market Share Shift
across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Infant Formula (Product Segment) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 5: Infant Formula (Product Segment) Historic Market
Analysis by Region/Country in US$ Million: 2009 to 2017
Table 6: Infant Formula (Product Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS
2025
Table 7: RTE Foods (Product Segment) Potential Growth Markets
Worldwide in US$ Million: 2018 to 2025
Table 8: RTE Foods (Product Segment) Historic Market
Perspective by Region/Country in US$ Million: 2009 to 2017
Table 9: RTE Foods (Product Segment) Market Sales Breakdown by
Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Dried Foods (Product Segment) Geographic Market
Spread Worldwide in US$ Million: 2018 to 2025
Table 11: Dried Foods (Product Segment) Region Wise Breakdown
of Global Historic Demand in US$ Million: 2009 to 2017
Table 12: Dried Foods (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2009 VS 2019 VS
2025
Table 13: Other Product Segments (Product Segment) World Market
Estimates and Forecasts by Region/Country in US$ Million: 2018
to 2025
Table 14: Other Product Segments (Product Segment) Market
Historic Review by Region/Country in US$ Million: 2009 to 2017
Table 15: Other Product Segments (Product Segment) Market Share
Breakdown by Region/Country: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Baby Foods and Infant Formula Market Share (in %) by
Company: 2020 & 2025
Market Analysts
Table 16: United States Baby Foods and Infant Formula Market
Estimates and Projections in US$ Million by Product Segment:
2018 to 2025
Table 17: Baby Foods and Infant Formula Market in the United
States by Product Segment: A Historic Review in US$ Million for
2009-2017
Table 18: United States Baby Foods and Infant Formula Market
Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
CANADA
Table 19: Canadian Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment: 2018
to 2025
Table 20: Canadian Baby Foods and Infant Formula Historic
Market Review by Product Segment in US$ Million: 2009-2017
Table 21: Baby Foods and Infant Formula Market in Canada:
Percentage Share Breakdown of Sales by Product Segment for
2009, 2019, and 2025
JAPAN
Table 22: Japanese Market for Baby Foods and Infant Formula:
Annual Sales Estimates and Projections in US$ Million by
Product Segment for the Period 2018-2025
Table 23: Baby Foods and Infant Formula Market in Japan:
Historic Sales Analysis in US$ Million by Product Segment for
the Period 2009-2017
Table 24: Japanese Baby Foods and Infant Formula Market Share
Analysis by Product Segment: 2009 VS 2019 VS 2025
CHINA
Table 25: Chinese Baby Foods and Infant Formula Market Growth
Prospects in US$ Million by Product Segment for the Period
2018-2025
Table 26: Baby Foods and Infant Formula Historic Market
Analysis in China in US$ Million by Product Segment: 2009-2017
Table 27: Chinese Baby Foods and Infant Formula Market by
Product Segment: Percentage Breakdown of Sales for 2009, 2019,
and 2025
EUROPE
Market Facts & Figures
European Baby Foods and Infant Formula Market: Competitor
Market Share Scenario (in %) for 2020 & 2025
Market Analysts
Table 28: European Baby Foods and Infant Formula Market Demand
Scenario in US$ Million by Region/Country: 2018-2025
Table 29: Baby Foods and Infant Formula Market in Europe:
A Historic Market Perspective in US$ Million by Region/Country
for the Period 2009-2017
Table 30: European Baby Foods and Infant Formula Market Share
Shift by Region/Country: 2009 VS 2019 VS 2025
Table 31: European Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment:
2018-2025
Table 32: Baby Foods and Infant Formula Market in Europe in US$
Million by Product Segment: A Historic Review for the Period
2009-2017
Table 33: European Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
FRANCE
Table 34: Baby Foods and Infant Formula Market in France by
Product Segment: Estimates and Projections in US$ Million for
the Period 2018-2025
Table 35: French Baby Foods and Infant Formula Historic Market
Scenario in US$ Million by Product Segment: 2009-2017
Table 36: French Baby Foods and Infant Formula Market Share
Analysis by Product Segment: 2009 VS 2019 VS 2025
GERMANY
Table 37: Baby Foods and Infant Formula Market in Germany:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2018-2025
Table 38: German Baby Foods and Infant Formula Historic Market
Analysis in US$ Million by Product Segment: 2009-2017
Table 39: German Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
ITALY
Table 40: Italian Baby Foods and Infant Formula Market Growth
Prospects in US$ Million by Product Segment for the Period
2018-2025
Table 41: Baby Foods and Infant Formula Historic Market
Analysis in Italy in US$ Million by Product Segment: 2009-2017
Table 42: Italian Baby Foods and Infant Formula Market by
Product Segment: Percentage Breakdown of Sales for 2009, 2019,
and 2025
UNITED KINGDOM
Table 43: United Kingdom Market for Baby Foods and Infant
Formula: Annual Sales Estimates and Projections in US$ Million
by Product Segment for the Period 2018-2025
Table 44: Baby Foods and Infant Formula Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Product
Segment for the Period 2009-2017
Table 45: United Kingdom Baby Foods and Infant Formula Market
Share Analysis by Product Segment: 2009 VS 2019 VS 2025
SPAIN
Table 46: Spanish Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment: 2018
to 2025
Table 47: Spanish Baby Foods and Infant Formula Historic Market
Review by Product Segment in US$ Million: 2009-2017
Table 48: Baby Foods and Infant Formula Market in Spain:
Percentage Share Breakdown of Sales by Product Segment for
2009, 2019, and 2025
RUSSIA
Table 49: Russian Baby Foods and Infant Formula Market
Estimates and Projections in US$ Million by Product Segment:
2018 to 2025
Table 50: Baby Foods and Infant Formula Market in Russia by
Product Segment: A Historic Review in US$ Million for 2009-2017
Table 51: Russian Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 52: Rest of Europe Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment:
2018-2025
Table 53: Baby Foods and Infant Formula Market in Rest of
Europe in US$ Million by Product Segment: A Historic Review for
the Period 2009-2017
Table 54: Rest of Europe Baby Foods and Infant Formula Market
Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 55: Asia-Pacific Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Region/Country:
2018-2025
Table 56: Baby Foods and Infant Formula Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2009-2017
Table 57: Asia-Pacific Baby Foods and Infant Formula Market
Share Analysis by Region/Country: 2009 VS 2019 VS 2025
Table 58: Baby Foods and Infant Formula Market in Asia-Pacific
by Product Segment: Estimates and Projections in US$ Million
for the Period 2018-2025
Table 59: Asia-Pacific Baby Foods and Infant Formula Historic
Market Scenario in US$ Million by Product Segment: 2009-2017
Table 60: Asia-Pacific Baby Foods and Infant Formula Market
Share Analysis by Product Segment: 2009 VS 2019 VS 2025
AUSTRALIA
Table 61: Baby Foods and Infant Formula Market in Australia:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2018-2025
Table 62: Australian Baby Foods and Infant Formula Historic
Market Analysis in US$ Million by Product Segment: 2009-2017
Table 63: Australian Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
INDIA
Table 64: Indian Baby Foods and Infant Formula Market Estimates
and Forecasts in US$ Million by Product Segment: 2018 to 2025
Table 65: Indian Baby Foods and Infant Formula Historic Market
Review by Product Segment in US$ Million: 2009-2017
Table 66: Baby Foods and Infant Formula Market in India:
Percentage Share Breakdown of Sales by Product Segment for
2009, 2019, and 2025
SOUTH KOREA
Table 67: Baby Foods and Infant Formula Market in South Korea:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2018-2025
Table 68: South Korean Baby Foods and Infant Formula Historic
Market Analysis in US$ Million by Product Segment: 2009-2017
Table 69: Baby Foods and Infant Formula Market Share
Distribution in South Korea by Product Segment: 2009 VS 2019 VS
2025
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Market for Baby Foods and Infant
Formula: Annual Sales Estimates and Projections in US$ Million
by Product Segment for the Period 2018-2025
Table 71: Baby Foods and Infant Formula Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Million by Product
Segment for the Period 2009-2017
Table 72: Rest of Asia-Pacific Baby Foods and Infant Formula
Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
LATIN AMERICA
Table 73: Latin American Baby Foods and Infant Formula Market
Trends by Region/Country in US$ Million: 2018-2025
Table 74: Baby Foods and Infant Formula Market in Latin America
in US$ Million by Region/Country: A Historic Perspective for
the Period 2009-2017
Table 75: Latin American Baby Foods and Infant Formula Market
Percentage Breakdown of Sales by Region/Country: 2009, 2019,
and 2025
Table 76: Latin American Baby Foods and Infant Formula Market
Growth Prospects in US$ Million by Product Segment for the
Period 2018-2025
Table 77: Baby Foods and Infant Formula Historic Market
Analysis in Latin America in US$ Million by Product Segment:
2009-2017
Table 78: Latin American Baby Foods and Infant Formula Market
by Product Segment: Percentage Breakdown of Sales for 2009,
2019, and 2025
ARGENTINA
Table 79: Argentinean Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment:
2018-2025
Table 80: Baby Foods and Infant Formula Market in Argentina in
US$ Million by Product Segment: A Historic Review for the
Period 2009-2017
Table 81: Argentinean Baby Foods and Infant Formula Market
Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
BRAZIL
Table 82: Baby Foods and Infant Formula Market in Brazil by
Product Segment: Estimates and Projections in US$ Million for
the Period 2018-2025
Table 83: Brazilian Baby Foods and Infant Formula Historic
Market Scenario in US$ Million by Product Segment: 2009-2017
Table 84: Brazilian Baby Foods and Infant Formula Market Share
Analysis by Product Segment: 2009 VS 2019 VS 2025
MEXICO
Table 85: Baby Foods and Infant Formula Market in Mexico:
Recent Past, Current and Future Analysis in US$ Million by
Product Segment for the Period 2018-2025
Table 86: Mexican Baby Foods and Infant Formula Historic Market
Analysis in US$ Million by Product Segment: 2009-2017
Table 87: Mexican Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
REST OF LATIN AMERICA
Table 88: Rest of Latin America Baby Foods and Infant Formula
Market Estimates and Projections in US$ Million by Product
Segment: 2018 to 2025
Table 89: Baby Foods and Infant Formula Market in Rest of Latin
America by Product Segment: A Historic Review in US$ Million
for 2009-2017
Table 90: Rest of Latin America Baby Foods and Infant Formula
Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
MIDDLE EAST
Table 91: The Middle East Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Region/Country:
2018-2025
Table 92: Baby Foods and Infant Formula Market in the Middle
East by Region/Country in US$ Million: 2009-2017
Table 93: The Middle East Baby Foods and Infant Formula Market
Share Breakdown by Region/Country: 2009, 2019, and 2025
Table 94: The Middle East Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment: 2018
to 2025
Table 95: The Middle East Baby Foods and Infant Formula
Historic Market by Product Segment in US$ Million: 2009-2017
Table 96: Baby Foods and Infant Formula Market in the Middle
East: Percentage Share Breakdown of Sales by Product Segment
for 2009, 2019, and 2025
IRAN
Table 97: Iranian Market for Baby Foods and Infant Formula:
Annual Sales Estimates and Projections in US$ Million by
Product Segment for the Period 2018-2025
Table 98: Baby Foods and Infant Formula Market in Iran:
Historic Sales Analysis in US$ Million by Product Segment for
the Period 2009-2017
Table 99: Iranian Baby Foods and Infant Formula Market Share
Analysis by Product Segment: 2009 VS 2019 VS 2025
ISRAEL
Table 100: Israeli Baby Foods and Infant Formula Market
Estimates and Forecasts in US$ Million by Product Segment:
2018-2025
Table 101: Baby Foods and Infant Formula Market in Israel in
US$ Million by Product Segment: A Historic Review for the
Period 2009-2017
Table 102: Israeli Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 103: Saudi Arabian Baby Foods and Infant Formula Market
Growth Prospects in US$ Million by Product Segment for the
Period 2018-2025
Table 104: Baby Foods and Infant Formula Historic Market
Analysis in Saudi Arabia in US$ Million by Product Segment:
2009-2017
Table 105: Saudi Arabian Baby Foods and Infant Formula Market
by Product Segment: Percentage Breakdown of Sales for 2009,
2019, and 2025
UNITED ARAB EMIRATES
Table 106: Baby Foods and Infant Formula Market in the United
Arab Emirates: Recent Past, Current and Future Analysis in US$
Million by Product Segment for the Period 2018-2025
Table 107: United Arab Emirates Baby Foods and Infant Formula
Historic Market Analysis in US$ Million by Product Segment:
2009-2017
Table 108: Baby Foods and Infant Formula Market Share
Distribution in United Arab Emirates by Product Segment: 2009
VS 2019 VS 2025
REST OF MIDDLE EAST
Table 109: Baby Foods and Infant Formula Market in Rest of
Middle East: Recent Past, Current and Future Analysis in US$
Million by Product Segment for the Period 2018-2025
Table 110: Rest of Middle East Baby Foods and Infant Formula
Historic Market Analysis in US$ Million by Product Segment:
2009-2017
Table 111: Rest of Middle East Baby Foods and Infant Formula
Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
AFRICA
Table 112: African Baby Foods and Infant Formula Market
Estimates and Projections in US$ Million by Product Segment:
2018 to 2025
Table 113: Baby Foods and Infant Formula Market in Africa by
Product Segment: A Historic Review in US$ Million for 2009-2017
Table 114: African Baby Foods and Infant Formula Market Share
Breakdown by Product Segment: 2009 VS 2019 VS 2025

IV. COMPETITION

Total Companies Profiled: 106
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