The South America human milk fortifier market is expected to grow from US$ 30.74 million in 2023 to US$ 56.01 million by 2030; it is estimated to grow at a CAGR of 8.9% from 2023 to 2030.
Thus, the new ways of feeding fortifiers are expected to introduce new trends into the South America human milk fortifier market during the forecast period.
Based on distribution channel, the South America human milk fortifier market is bifurcated into online and offline. The offline segment held a larger market share in 2023.
Based on country, the South America human milk fortifier market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America human milk fortifier market in 2023.
Abbott Laboratories, Nestle SA, Raptakos, Brett & Co Ltd, Danone SA, and Reckitt Benckiser Group Plc are some of the leading companies operating in the South America human milk fortifier market.
Reasons to Buy
New Ways of Feeding Fortifiers to Infants fueling the South America Human Milk Fortifier Market
Human milk fortifiers are recommended for preterm babies, underweight infants, and infants having nutritional deficiencies. Providing human milk fortifiers to infants that have started to suckle at the breast can be challenging for the mother and might shorten the duration of the breastfeeding period. Hence, feeding techniques such as cup feeding, supplemental nursing system (SNS), and finger feeder method are introduced to increase the use of fortifiers in infants after discharge from hospitals. Cup feeding is one of the safe fortifiers feeding but cannot be used during nursing. Supplement nursing system is another alternative for providing human milk fortifiers during breastfeeding. However, this system is difficult to handle and requires nursing experience to feed the baby. The finger feeder method enables mothers to breastfeed their infants and meet their nutritional needs. In this method, handling and preparation of fortifiers is easy. According to the study conducted by Nestle Nutritional Institute, more than 67% of infants accepted devices and fortifiers during nursing. Further, efforts are being made to develop ready-to-use, liquid human milk fortifier mixtures that can be directly fed during breast feeding.Thus, the new ways of feeding fortifiers are expected to introduce new trends into the South America human milk fortifier market during the forecast period.
South America Human Milk Fortifier Market Overview
South America has observed a significant increase in birth rates in recent years. The growing population of newborns, including preterm infants, has resulted in an increased demand for human milk fortifiers to meet the nutritional requirements of these babies. Also, increasing urbanization and changing lifestyles have led to increased adoption of modern practices, including an emphasis on infant nutrition. As more families move to urban areas, there is a growing awareness of the importance of providing optimal nutrition to infants, which has driven the demand for human milk fortifiers.South America Human Milk Fortifier Market Revenue and Forecast to 2030 (US$ Million)
South America Human Milk Fortifier Market Segmentation
The South America human milk fortifier market is segmented based on form, distribution channel, and country. Based on form, the South America human milk fortifier market is bifurcated into powder and liquid. The powder segment held a larger market share in 2023.Based on distribution channel, the South America human milk fortifier market is bifurcated into online and offline. The offline segment held a larger market share in 2023.
Based on country, the South America human milk fortifier market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America human milk fortifier market in 2023.
Abbott Laboratories, Nestle SA, Raptakos, Brett & Co Ltd, Danone SA, and Reckitt Benckiser Group Plc are some of the leading companies operating in the South America human milk fortifier market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America human milk fortifier market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America human milk fortifier market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America human milk fortifier market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. South America Human Milk Fortifier Market Landscape
5. South America Human Milk Fortifier Market - Key Market Dynamics
6. Human Milk Fortifier - South America Market Analysis
7. South America Human Milk Fortifier Market Analysis - By Form
8. South America Human Milk Fortifier Market Analysis - By Distribution Channel
9. South America Human Milk Fortifier Market - by Country Analysis
10. Company Profiles
11. Appendix
List of Tables
List of Figures
Companies Mentioned
- Abbott Laboratories
- Nestle SA
- Raptakos, Brett & Co Ltd
- Danone SA
- Reckitt Benckiser Group Plc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 79 |
| Published | November 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 30.74 Million |
| Forecasted Market Value by 2030 | 56.01 Million |
| Compound Annual Growth Rate | 8.9% |
| No. of Companies Mentioned | 5 |
