Asia Pacific Probiotic Infant and Child Formula Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Type (Infant Formula (0-1 Year), and Growing-Up Formula (1-6 Years)), and Distribution Channel (Online, and Offline)


No. of Pages: 77    |    Report Code: BMIRE00027446    |    Category: Consumer Goods

Asia Pacific Probiotic Infant and Child Formula Market
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The probiotic infant and child formula in Asia Pacific is expected to grow from US$ 9,175.81 million in 2022 to US$ 20,548.46 million by 2028. It is estimated to grow at a CAGR of 14.4% from 2022 to 2028. 

Rising Demand for Organic Infant Formula 

In recent years, there has been a growing demand for natural or organic products in the infant formula market. Parents’ interest in organic nutrition for infants and environmental sustainability is expected to boost the demand for organic infant formula. The addition of organic ingredients in the probiotic formula addresses parents’ concerns about product safety and environmental sustainability. Various brands are promoting ‘natural claims’ to gain an organic position in the market. The larger brands present in the Asia Pacific probiotic infant and child formula market have started embracing the organic and sustainable message, leading to the increased development of organic infant formula products. For instance, HiPP International has developed an organic baby formula that contains prebiotics, probiotics, and other finest quality and organic ingredients to provide all the nourishment to the infant. Similarly, Wellements provides organic probiotic drops that support the child’s digestive and immune health. Thus, a growing inclination toward the consumption of organic infant formula is expected to provide growth opportunities for the Asia Pacific probiotic infant and child formula market. 

Market Overview 

Asia Pacific is home to 60% of the world's population, nearly 4.3 billion people, and includes the world's most populous countries, China and India. The region is expected to exhibit significant growth during the forecast period due to increasing spending by new mothers on nutritious food for a child and rising purchasing capacity of people in the region. India and China have the highest number of births per woman than other countries as per the report by the World Bank in 2020. This is anticipated to augment the demand for probiotic infant and child formula in Asia Pacific during the forecast period. 

Asia Pacific Probiotic Infant and Child Formula Market Revenue and Forecast to 2028 (US$ Million) 

Asia Pacific Probiotic Infant and Child Formula Market Revenue and Forecast to 2028 (US$ Million) 
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Asia Pacific Probiotic Infant and Child Formula Strategic Insights

Strategic insights for the Asia Pacific Probiotic Infant and Child Formula provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Probiotic Infant and Child Formula Report Scope

Report Attribute Details
Market size in 2022 US$ 9,175.81 Million
Market Size by 2028 US$ 20,548.46 Million
Global CAGR (2022 - 2028) 14.4%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • Infant Formula
  • Growing-Up Formula
By Distribution Channel
  • Online
  • Offline
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Nestlé S.A.
  • HiPP GmbH & Company Vertrieb KG
  • Abbott Laboratories
  • Mead Johnson & Company, LLC
  • Bellamy's Organic
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    Asia Pacific Probiotic Infant and Child Formula Regional Insights

    The geographic scope of the Asia Pacific Probiotic Infant and Child Formula refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Probiotic Infant and Child Formula Market Segmentation 

    The Asia Pacific 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 Australia ,China, Japan , New Zealand and Rest of Asia Pacific. China dominated the market share in 2022. Nestlé S.A. ; HiPP GmbH & Company Vertrieb KG ; Abbott Laboratories and Mead Johnson & Company, LLC ; and Bellamy's Organic are the leading companies operating in the probiotic infant and child formula in the region.

    The List of Companies - Asia Pacific Probiotic Infant and Child Formula Market

    1. Nestlé S.A.                                                                         
    2. HiPP GmbH & Company Vertrieb KG                                      
    3. Abbott Laboratories                                                                      
    4. Mead Johnson & Company, LLC     
    5. Bellamy's Organic           
    Frequently Asked Questions
    How big is the Asia Pacific Probiotic Infant and Child Formula Market?

    The Asia Pacific Probiotic Infant and Child Formula Market is valued at US$ 9,175.81 Million in 2022, it is projected to reach US$ 20,548.46 Million by 2028.

    What is the CAGR for Asia Pacific Probiotic Infant and Child Formula Market by (2022 - 2028)?

    As per our report Asia Pacific Probiotic Infant and Child Formula Market, the market size is valued at US$ 9,175.81 Million in 2022, projecting it to reach US$ 20,548.46 Million by 2028. This translates to a CAGR of approximately 14.4% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Probiotic Infant and Child Formula Market report typically cover these key segments-

    • Type (Infant Formula, Growing-Up Formula)
    • Distribution Channel (Online, Offline)

    What is the historic period, base year, and forecast period taken for Asia Pacific Probiotic Infant and Child Formula Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Probiotic Infant and Child Formula Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Probiotic Infant and Child Formula Market?

    The Asia Pacific Probiotic Infant and Child Formula Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Nestlé S.A.
  • HiPP GmbH & Company Vertrieb KG
  • Abbott Laboratories
  • Mead Johnson & Company, LLC
  • Bellamy's Organic
  • Who should buy this report?

    The Asia Pacific Probiotic Infant and Child Formula Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Probiotic Infant and Child Formula Market value chain can benefit from the information contained in a comprehensive market report.

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