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Baby Drinks Market to Reach $67.1 Billion by 2031, Driven by Rising Awareness of Early Childhood Nutrition

Baby Drinks Market

Baby Drinks Market

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Infant formula, baby juice, and baby electrolytes, all include vitamins and nutrients that are necessary for infants’ growth.”

— Allied Market Research

WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATE, March 26, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled “Baby Drinks Market by Product Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022–2031,” the global baby drinks market size was valued at $30,964.3 million in 2021 and is projected to reach $67,102.2 million by 2031, registering a CAGR of 7.9% from 2022 to 2031. In 2021, the infant formula segment accounted for approximately 95% of the global market in terms of value.

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The Baby Drinks Market refers to the global industry involved in the production, distribution, and sale of beverages specifically formulated for infants and toddlers. Baby drinks are designed to provide essential nutrients and hydration to infants and young children, supporting their growth and development during the crucial early stages of life.

The baby drinks market encompasses a wide range of products, including infant formula, toddler milk, fruit juices, flavored water, and other beverages tailored to the nutritional needs of babies and young children. These drinks often contain key nutrients such as proteins, carbohydrates, fats, vitamins, and minerals, formulated to mimic the composition of breast milk or to provide supplementary nutrition as children transition to solid foods.

Several factors drive the growth of the baby drinks market. One of the primary drivers is the increasing global birth rate, particularly in emerging economies, which leads to a growing population of infants and young children requiring nutritionally adequate beverages. Additionally, rising awareness among parents about the importance of early childhood nutrition and the benefits of fortified and functional beverages for infant health contributes to market growth.

The baby drinks market is segmented based on various factors, including product type, distribution channel, packaging, and geography. Product types on the market include infant formula, follow-on formula, toddler milk, fruit juices, flavored water, and other specialty drinks. These products may be available in various forms, including ready-to-drink bottles, powdered formulas, and concentrated liquids.

Distribution channels for baby drinks include supermarkets and hypermarkets, pharmacies, convenience stores, online retail platforms, and specialty baby stores. Packaging formats range from individual serving sizes to bulk containers, with options for single-use bottles, cartons, pouches, and multi-packs designed for convenience and portability.

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Geographically, the baby drinks market spans regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region may have unique preferences, regulations, and cultural factors influencing the demand for baby drinks and the types of products available on the market.

Key players in the baby drinks market include multinational corporations, dairy and infant formula manufacturers, beverage companies, and specialized baby food producers. These companies invest in research and development, product innovation, marketing strategies, and partnerships with healthcare professionals to develop safe, high-quality, and nutritious baby drinks that meet the needs and preferences of parents and caregivers worldwide.

📍 Key Findings Of The Study

Asia-Pacific Dominates: Asia-Pacific accounted for the largest revenue share of the global baby drinks market. It registered a significant Compound Annual Growth Rate (CAGR) from 2022 to 2031, indicating strong growth prospects in the region.

12-36 Month Segment Leading: In 2021, the 12-36 month age group segment accounted for approximately 50% of the baby drinks market in terms of value. This segment is expected to continue growing at the highest CAGR of 7.4% during the forecast period, reflecting increasing demand for drinks catering to the nutritional needs of toddlers.

North America’s Growth: North America is expected to experience substantial growth in the baby drinks market, with a forecasted highest CAGR of 8.6% from 2022 to 2031. This growth indicates significant opportunities in the region, driven by factors such as increasing awareness of early childhood nutrition and demand for convenient infant beverages.

U.S. Revenue Generation: In 2021, the United States generated the highest revenue in the global baby drinks industry, accounting for approximately 20% of the market. This highlights the importance of the U.S. market in driving overall industry growth and innovation.

South Africa’s Growth: South Africa is anticipated to exhibit significant growth in the baby drinks market during the study period, with a projected CAGR of 10.0%. This indicates emerging opportunities in the South African market, driven by factors such as rising disposable income and an increasing focus on infant nutrition and health.

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The baby drink market is expected to continue growing as parents increasingly prioritize the health and well-being of their infants and young children. Factors such as urbanization, changing lifestyles, and the availability of convenient and affordable baby drink options are expected to drive further growth and innovation in the market.

According to the global baby drinks market trends, the players operating have adopted various developmental strategies to expand their baby drinks market share, increase profitability, and remain competitive in the market. The key players profiled in this report include :

⦁ Abbott Laboratories
⦁ Arla Foods amba
⦁ Danone S.A.
⦁ The Hain Celestial Group Inc.
⦁ Mead Johnson & Company LLC
⦁ The Kraft Heinz Company
⦁ Holle Baby Food AG

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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