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Infant Nutrition Market Size to Reach Revenues of USD 106.84 Billion by 2026 - Arizton
https://www.arizton.com/market-reports/infant-nutrition-market-size-analysis
Presently, health-conscious consumers have become increasingly curious about how the foods they consume are manufactured, especially those for children. The concept of organic products precedes the environmental aspects, including traceability, quality, and the feeling of naturalness. Organic products are grown or processed without synthetic fertilizers or pesticides. Most markets are shifting toward natural claims that are not category-specific and in the pediatric nutrition area. Therefore, sustainability and health care concerns are propelling the demand for organic infant nutrition products. Furthermore, the keen interest among parents to procure organic infant nutrition products and ensure sustainability is driving the demand for organic infant formulas. In 2019, nearly 10% of the global new product launches for infant formulas featured an organic claim, increasing by 7% since 2015.
In 2020, APAC accounted for the largest revenue share of 44.69%. The growth of the region is majorly driven by increasing awareness among consumers regarding infant nutrition and huge growth opportunities for infant formula in the lower-tier cities in countries such as China . Also, the region is witnessing a substantial increase in consumer base and consumers purchasing power. Hectic lifestyle and growing awareness of the health benefits of organic food have encouraged consumers to opt for more organic and natural infant nutrition products. Moreover, rising disposable income has increased the purchasing power of consumers, which is encouraging them to opt for personalized infant nutrition to meet the needs of their babies.
https://www.arizton.com/market-reports/infant-nutrition-market-size-analysis
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