Infant formula refers to cow milk-based powdered formula that aims to act as a substitute for human breast milk when feeding babies up to 12 months of age. It contains essential nutrients like proteins, fats, vitamins, and minerals required for growth and development. The demand for infant formula is being driven by rising birth rates worldwide and busy lifestyles that leave new mothers with little time to breastfeed. Infant formula provides an easy alternative for feeding babies, especially for working mothers who need to return to work soon after delivery.
Infant Formula Market Opportunities include expansion in emerging economies, product innovation and fortification, and growing demand for organic and non-GMO infant formulas. As birth rates remain high in developing Asian countries, players are actively investing in these regions.
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