The global baby electrolyte market size was valued at $1.20 Billion in 2021 and is estimated to reach $2.92 Billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031.
Baby electrolyte is a mixture of water and vital minerals, Including sodium, potassium, and chloride that is specially prepared for newborns and young children to assist avoid dehydration brought on by vomiting, diarrhea, or other ailments.
The major factors that are expected to drive the demand for baby electrolytes, are Increase in global population and rising in prevalence of diarrhea. According to the United Nations (UN), the world's population is projected to grow by 40% from 7.8 billion people in 2020 to 10.9 billion people in 2100, despite the fact that the fertility rate among women is dropping. The fertility rate is still high in some areas, particularly in Sub-Saharan Africa, notwithstanding the fact that women are having fewer children, according to the United Nations Department of Economic and Social Affairs. Therefore, Increase in the global population, rise in disposable Income, and growth in parental awareness of the advantages of baby electrolytes are expected to contribute to the market growth. Moreover, the World Health Organization has historically encouraged the use of the WHO ORS (Oral Rehydration Salts), which has significantly contributed to raise awareness of baby electrolytes in developing and poor countries.
There has been a noticeable rise in the proportion of women working globally during the past decade. Women have far less time to adequately care for their newborns due to their rigorous work schedules, which has caused breastfeeding rates to fall. Inadequate breastfeeding leads babies to lack essential electrolytes which is driving the demand for baby electrolytes across the globe. Moreover, Increase in focus on women's employment and education has Increased disposable Income as well as awareness of the benefits of baby electrolyte drinks. Working women have become more prevalent in recent years, especially in nations such as the U.S., the UK, India, and China. For instance, according to the U.S. Bureau of Labor Statistics, in 2019, 57.4% of all women participated in the labor force. Moreover, the percentage of female employees Increased in the UK. Hence, the number of working women has Increased parents’ affordability, which in turn, Increased demand for baby electrolyte products globally.
The baby electrolyte market is analyzed on the basis of form, application, flavor, distribution channel, and region. By form, the market is classified into liquid, powder, and others. Depending on application, the market is categorized into up to 12 months, 12 to 36 months, and 36 to 60 months. On the basis of flavor, the market is segmented into grape, apple, strawberry, orange, unflavored, and others. As per distribution channel, the market is categorized into modern trade and general trade. The modern trade segment is further divided into supermarkets & hypermarkets, pharmacy or medical stores, convenience stores, and online stores. General trade is categorized into pharmacy or medical stores, convenience stores, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
Abbott Laboratories, The Hain Celestial Group, Inc., Johnson & Johnson, Cipla Ltd., Sanofi, Cera Products, Inc., Monico S.p.A., Mead Johnson & Company, LLC., Kinderfarms, LLC., FDC Limited, Unilab, Inc., Prestige Consumer Healthcare, Inc., Halewood Laboratories Pvt. Ltd., Goodonya, and Otsuka Holdings Co., Ltd. are the major companies profiled in the baby electrolyte market report. These players are constantly engaged in various developmental strategies such as partnerships, mergers, acquisitions, and new product launches to gain a competitive edge and exploit the prevailing baby electrolyte market opportunities.
Baby electrolyte is a mixture of water and vital minerals, Including sodium, potassium, and chloride that is specially prepared for newborns and young children to assist avoid dehydration brought on by vomiting, diarrhea, or other ailments.
The major factors that are expected to drive the demand for baby electrolytes, are Increase in global population and rising in prevalence of diarrhea. According to the United Nations (UN), the world's population is projected to grow by 40% from 7.8 billion people in 2020 to 10.9 billion people in 2100, despite the fact that the fertility rate among women is dropping. The fertility rate is still high in some areas, particularly in Sub-Saharan Africa, notwithstanding the fact that women are having fewer children, according to the United Nations Department of Economic and Social Affairs. Therefore, Increase in the global population, rise in disposable Income, and growth in parental awareness of the advantages of baby electrolytes are expected to contribute to the market growth. Moreover, the World Health Organization has historically encouraged the use of the WHO ORS (Oral Rehydration Salts), which has significantly contributed to raise awareness of baby electrolytes in developing and poor countries.
There has been a noticeable rise in the proportion of women working globally during the past decade. Women have far less time to adequately care for their newborns due to their rigorous work schedules, which has caused breastfeeding rates to fall. Inadequate breastfeeding leads babies to lack essential electrolytes which is driving the demand for baby electrolytes across the globe. Moreover, Increase in focus on women's employment and education has Increased disposable Income as well as awareness of the benefits of baby electrolyte drinks. Working women have become more prevalent in recent years, especially in nations such as the U.S., the UK, India, and China. For instance, according to the U.S. Bureau of Labor Statistics, in 2019, 57.4% of all women participated in the labor force. Moreover, the percentage of female employees Increased in the UK. Hence, the number of working women has Increased parents’ affordability, which in turn, Increased demand for baby electrolyte products globally.
The baby electrolyte market is analyzed on the basis of form, application, flavor, distribution channel, and region. By form, the market is classified into liquid, powder, and others. Depending on application, the market is categorized into up to 12 months, 12 to 36 months, and 36 to 60 months. On the basis of flavor, the market is segmented into grape, apple, strawberry, orange, unflavored, and others. As per distribution channel, the market is categorized into modern trade and general trade. The modern trade segment is further divided into supermarkets & hypermarkets, pharmacy or medical stores, convenience stores, and online stores. General trade is categorized into pharmacy or medical stores, convenience stores, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
Abbott Laboratories, The Hain Celestial Group, Inc., Johnson & Johnson, Cipla Ltd., Sanofi, Cera Products, Inc., Monico S.p.A., Mead Johnson & Company, LLC., Kinderfarms, LLC., FDC Limited, Unilab, Inc., Prestige Consumer Healthcare, Inc., Halewood Laboratories Pvt. Ltd., Goodonya, and Otsuka Holdings Co., Ltd. are the major companies profiled in the baby electrolyte market report. These players are constantly engaged in various developmental strategies such as partnerships, mergers, acquisitions, and new product launches to gain a competitive edge and exploit the prevailing baby electrolyte market opportunities.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baby electrolyte market analysis from 2021 to 2031 to identify the prevailing baby electrolyte market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the baby electrolyte market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global baby electrolyte market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- 36 Months to 60 months
- Upto 12 Months
- 12 to 36 Months
By Form
- Powder
- Liquid
- Others
By Distribution Channel
- Modern Trade
- Sub Type
- Hypermarkets and Supermarkets
- Pharmacy or Medical Stores
- Convenience Stores
- Online Stores
- General Trade
- Sub Type
- Pharmacy or Medical Stores
- Convenience Stores
- Others
By Flavor
- Grape
- Apple
- Strawberry
- Orange
- Unflavored
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Abbott Laboratories
- Cera Products Inc.
- Cipla Ltd
- FDC Limited
- Goodonya
- Halewood Laboratories Pvt. Ltd.
- Johnson & Johnson
- Kinderfarms, LLC.
- Mead Johnson & Company, LLC.
- Monico spa
- Otsuka Holdings Co., Ltd.
- Prestige Consumer Healthcare Inc.
- Sanofi
- The Hain Celestial Group, Inc.
- Unilab, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: BABY ELECTROLYTE MARKET, BY FORM
CHAPTER 5: BABY ELECTROLYTE MARKET, BY FLAVOR
CHAPTER 6: BABY ELECTROLYTE MARKET, BY APPLICATION
CHAPTER 7: BABY ELECTROLYTE MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 8: BABY ELECTROLYTE MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Baby Electrolyte Market,' The baby electrolyte market was valued at $1.2 billion in 2021, and is estimated to reach $2.9 billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031.A baby electrolyte is a mixture of water and vital minerals including sodium, potassium, and chloride that is specially prepared for newborns and young children to assist avoid dehydration brought on by vomiting, diarrhea, or other ailments.
An enormous rise in the occurrence of diarrheal disease in newborns is the main reason propelling the demand for baby electrolytes. Diarrhea is the second leading cause of pediatric fatalities globally. The World Health Organization (WHO) estimates that diarrhea causes the death of 525,000 children under the age of five, every year. In 2019, it was responsible for almost 9% of all child deaths globally. One of the major causes of diarrhea in newborns is the use of antibiotics by the baby or mother while breastfeeding, dietary changes, bacterial infections, parasite infections, and cystic fibrosis. As a result, it is projected that rise in incidence of infant diarrhea is expected to propel the growth of the baby electrolyte market.
The adoption of smart baby pacifiers may boost the demand for baby electrolyte drinks. Smart infant pacifiers may collect samples of newborn spit, analyze the salt & potassium content, and immediately transmit the findings to medical authorities. Using conventional methods to evaluate a baby's level of hydration is time-consuming and invasive. Smart pacifiers are therefore able to quickly and frequently evaluate hydration levels and notify medical personnel when an intervention is necessary. Complications related to the premature birth of newborns are one of the leading causes of death in children under the age of five. Among such complications, dehydration is one of the common issues affecting preterm newborns. According to the World Health Organization (WHO), 15 million preterm births occur each year throughout the globe. It is projected that rise in preterm birth rates and the creation of smart pacifiers as a result of technological advancements will positively affect the expansion of the global baby electrolyte market.
Increase in dominance of online retail pharmacy chains and e-commerce sites such as Pharmeasy, Amazon, and Flipkart are positively impacting the baby electrolyte market across the globe. Moreover, the market growth is anticipated to be further fueled by increase in number of internet users around the globe. The International Telecommunication Union (ITU) estimates that in 2022, almost 66% of global population had access to the internet.
- Region wise, Asia-Pacific led the market in 2021. Diarrhea, which is caused by contaminated water quality, hygiene issues, and sanitation issues, affects children more frequently in developing countries. Therefore, increase in newborn death rates from diarrhea and growth in awareness of the benefits of ORS for infant health are expected to drive the market growth during the forecast period.
Abbott Laboratories, The Hain Celestial Group, Inc., Johnson & Johnson, Cipla Ltd., Sanofi, Cera Products, Inc., Monico S.p.A., Mead Johnson & Company, LLC., Kinderfarms, LLC., FDC Limited, Unilab, Inc., Prestige Consumer Healthcare, Inc., Halewood Laboratories Pvt. Ltd., Goodonya, and Otsuka Holdings Co., Ltd. are the major companies profiled in the baby electrolyte market report. These players are constantly engaged in various developmental strategies such as partnerships, mergers, acquisitions, and new product launches to gain a competitive edge and exploit the prevailing market opportunities.
Key findings of the study
The baby electrolyte market was valued at $1,206.8 million in 2021 and is estimated to reach $2,922.7 million by 2031, growing at a CAGR of 9.4% during the forecast period.- On the basis of form, the others segment is estimated to witness the fastest growth, registering a CAGR of 10.2% during the forecast period.
- By flavor, the unflavored segment dominated the market in 2021.
According to region, the U.S. was the most prominent market in North America in 2021 and is projected to grow at a CAGR of 10.1% during the forecast period.
Companies Mentioned
- Abbott Laboratories
- Cera Products Inc.
- Cipla Ltd
- FDC Limited
- Goodonya
- Halewood Laboratories Pvt. Ltd.
- Johnson & Johnson
- Kinderfarms, LLC.
- Mead Johnson & Company, LLC.
- Monico spa
- Otsuka Holdings Co., Ltd.
- Prestige Consumer Healthcare Inc.
- Sanofi
- The Hain Celestial Group, Inc.
- Unilab, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 300 |
| Published | May 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 2.92 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
