What is the Projected CAGR value of the Infant Formula Market?
Infant Formula Market is expected to grow at a CAGR of 9.1% during the forecast period 2023-2030.
Which region controlled the global market during 2023-2030?
North America region Controls the Infant Formula Market during 2023-2030.
What are the factors driving the growth of the infant formula market?
More and more mothers are working outside the home, which makes it difficult for them to breastfeed their babies. Infant formula provides a convenient alternative to breastfeeding.
Who are the key players in Infant Formula Market?
Major players are Nestlé S.A., Danone S.A., Abbott Laboratories, Mead Johnson Nutrition Company, Reckitt Benckiser Group plc, FrieslandCampina, The Kraft Heinz Company, Beingmate Baby & Child Food Co., Ltd, Royal FrieslandCampina N.V., and Perrigo Company plc.