August 13, 2019 by Steve Blade
The market for standard milk formula is likely to remain influenced by increasing demand for premium nutrition products for infants, backed by rising percentage of working women across the globe. Other macroeconomic aspects including a stable rise in the purchasing power parity coupled across nations with a substantial increase in birth rate, particularly among developing regions are expected to remain instrumental in driving sales of standard milk formula.
Fact.MR has presented an ocean of information on use of standard milk formula across various regions. The standard milk formula market report reveals that sales of standard milk formula are expected to cross US$ 15.5 Bn by end of 2019 and are likely to witness an upward march. The demand for standard milk formula is projected to expand at a stable rate of 4.7% throughout the period of assessment, 2018-2027.
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Table of Content
CHAPTER 1. Executive Summary
CHAPTER 2. Global Standard Milk Formula Market Overview
CHAPTER 3. Standard Milk Formula Market – Consumer Survey Analysis
CHAPTER 4. Standard Milk Formula Market – Price Point Analysis
To Be Continue.....
The IBFAN (International Baby Food Action Network) has revealed several cases regarding unethical marketing of infant nutritional food products. Unethical practices adopted by medium and small scale standard milk formula players to market their products is likely to undermine the confidence among women that can breastfeed infants. Manufacturers of standard milk formula have been inducing a sense of uncertainty apropos to insufficient nutrient supply causing fussiness, perceived hunger and infant crying, and emphasizing on the point that standard milk formula can bridge the gap between needed and available nutrition, says IBFAN.
New Standard for Chloride Content in Standard Milk Formula Ensures Safety
Being a highly regulated food product, examination of standard milk formula composition has become imperative for regulatory bodies. Along with nutritional labeling on standard milk formula packaging, stringent regulations have been laid by World Health Organization (WHO) and FAO (Food and Agriculture Organization of the United States). Largely focusing on the chloride content in standard milk formula, these regulatory bodies along with ISO (International Organization for Standardization) have developed the ISO 21422 | IDF 242 for chloride content determination, in a bid to ensure product safety.
The market for standard milk formula has been segmented in detail to provide a holistic outlook to the reader. The standard milk formula market is segmented on the basis of product type (liquid standard milk formula, powder standard milk formula, concentrate standard milk formula and ready-to-feed standard milk formula), by flavor (unflavored, vanilla, strawberry, chocolate and other), by packaging type (cans, aseptic cartons, bottle & jars, pouches and other types), by nature (conventional and organic), by sales channel (modern trade, specialty stores, online stores, pharmacy stores and other sales channel) and by region (North America, Europe, Latin America, Japan, Asia Pacific excluding Japan and Middle East and Africa).
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