The probiotic infant and child formula in North America is expected to grow from US$ 1,056.37 million in 2022 to US$ 2,305.41 million by 2028. It is estimated to grow at a CAGR of 13.9% from 2022 to 2028.
Breastmilk is the ideal food for infants as it is safe, clean, and contains antibodies that help protect against many common childhood illnesses. Breastmilk provides the child with all the energy and nutrients that are required for the first few months after birth, and it continues to provide up to half or more of a child’s nutritional needs. According to various surveys and reports, breastfeeding is declining for various reasons, including women's participation in the labor force. Similarly, another survey of 500 mothers was conducted in Canada, where 20% of the women stopped breastfeeding after returning to work. Thus, the increased participation of women in the labor force is reducing breastfeeding and is driving the demand for probiotic infant and child formulas. According to the CDC, 17% of babies are supplemented with formula during the first two days of life, and ~35% of babies older than 6 months are fed breastmilk and formula. Thus, the rise in the number of women participating in the labor force is driving the growth of the North America probiotic infant and child formula market.
Breastmilk is the ideal food for infants as it is safe, clean, and contains antibodies that help protect against many common childhood illnesses. Breastmilk provides the child with all the energy and nutrients that are required for the first few months after birth, and it continues to provide up to half or more of a child’s nutritional needs. According to various surveys and reports, breastfeeding is declining for various reasons, including women's participation in the labor force. Similarly, another survey of 500 mothers was conducted in Canada, where 20% of the women stopped breastfeeding after returning to work. Thus, the increased participation of women in the labor force is reducing breastfeeding and is driving the demand for probiotic infant and child formulas. According to the CDC, 17% of babies are supplemented with formula during the first two days of life, and ~35% of babies older than 6 months are fed breastmilk and formula. Thus, the rise in the number of women participating in the labor force is driving the growth of the North America probiotic infant and child formula market.
Market Overview
North America is one of the biggest regional probiotic infant and child formula markets across the region. Probiotic infant and child formula is composed of various nutrients, including carbohydrates, fats, proteins, vitamins, and minerals, and is given for the baby's overall development. These products are specifically designed for infants below one year of age and children under six years of age. According to an estimate by US Census Bureau, in the US, the population of children under the age of five was ~24.8 million in 2022 and is expected to grow to 25.2 million by 2030. The rising number of births propels the demand for probiotic infant and child formulas in North America.North America Probiotic Infant and Child Formula Market Segmentation
The North America probiotic infant and child formula market is segmented into type, distribution channel, and country.- Based on type, the market is segmented into infant formula (0-1 year) and growing-up formula (1-6 years). The growing-up formula (1-6 years) segment registered the larger market share in 2022.
- Based on distribution channel , the market is segmented into online and offline. The offline segment held the larger market share in 2022.
- Based on country, the market is segmented into US , Canada and Mexico. Russia dominated the market share in 2022. Nestlé S.A. ; HiPP GmbH & Company Vertrieb KG ; Abbott Laboratories and Mead Johnson & Company, LLC are the leading companies operating in the probiotic infant and child formula in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. North America Probiotic Infant and Child Formula Market Landscape
5. North America Probiotic Infant and Child Formula Market - Key Market Dynamics
6. Probiotic Infant and Child Formula - North America Market Analysis
7. North America Probiotic Infant and Child Formula Market Analysis - by Type
8. North America Probiotic Infant and Child Formula Market Analysis - by Distribution Channel
9. North America Probiotic Infant and Child Formula Market - Country Analysis
10. Industry Landscape
11. Company Profiles
12. Appendix
List of Tables
List of Figures
Companies Mentioned
- Nestlé S.A.
- Hipp Gmbh & Company Vertrieb Kg
- Abbott Laboratories
- Mead Johnson & Company, Llc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 73 |
| Published | November 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( $ | $ 1056.37 Million |
| Forecasted Market Value ( $ | $ 2305.41 Million |
| Compound Annual Growth Rate | 13.9% |
| Regions Covered | North America |
| No. of Companies Mentioned | 4 |
