Global Prebiotics for Infant Formula Market is expected to grow with the CAGR of 6.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Global prebiotics for infant formula market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The major players dealing in global prebiotics for infant formula market are introducing strong range of product portfolio. This helped company to maximize the sales with enhanced product portfolio. For instance, In October, 2019, BENEO, a subsidiary of Südzucker AG showcased their products at FNCE 2019 event conducted at Philadelphia. The company introduced prebiotic chicory root fibers products for the U.S. market consumers. Through this the company increased their customer base as well as presence in the U.S. market.
Royal FrieslandCampina N.V. is the dominating player in global prebiotics for infant formula market. The other key players existing in the market includes Cargill, Incorporated, Ingredion Incorporated, Jennewein Biotechnologie GmbH, zuChem Inc., Biosynth Carbosynth, ELICITYL SA, Dextra Laboratories Limited, Glycom A/S, Tereos, Südzucker AG, Fonterra Co-operative Group, Royal Cosun, COSUCRA, New Francisco (Yunfu City) Biotechnology Corporation Limited, Dana Dairy Group, Glycosyn LLC, DUPONT and others.
Royal FrieslandCampina N.V.
Royal FrieslandCampina N.V. headquartered in Amersfoort, Netherlands which was founded in 2008. Company offers wide range of consumer products such as infant nutrition, cheese, desserts and dairy-based beverages for global market. The company performs its business through segments such as Consumer Dairy, Specialised Nutrition, Ingredients, and Dairy Essentials among which Ingredients is market focused segment The company has different brands for business segments such as Consumer Brands, Ingredients Brands, Food Service Brands.
For instance,
- In December 2019, Royal FrieslandCampina N.V. makes announcement for their participation in the Food ingredients Europe and Natural ingredients (Fi Europe & Ni) exhibition. New products with improved benefits will be showcased at the event through their expertise in ingredients field . Through this company will demonstrate their offering for European market to increase their customer base and presence in the region.
The company has wide global presence across the globe such as U.S., Brazil, Europe, Middle East and Africa, Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as FrieslandCampina Cheese France S.A.S., (France), FrieslandCampina France,S.A.S.,(France), FrieslandCampina Italy Srl, (ITaly), Orange Srl, (Italy) and FrieslandCampina UK Ltd. (U.K.) among others.
Cargill Incorporated
Cargill Incorporated is headquartered in Minnesota, U.S. which was founded in 1865. The company offers agriculture, food and nutrition products to consumers for sustainability and safety as well as provides helps for risk management. The company has business segments which are Animal Nutrition & Protein, Food Ingredients & Applications, Origination, & Processing Industrial & Financial Services among which Food Ingredients & Applications is market focused segment.
The company has wide global presence across the globe such as Asia-Pacific, Europe, Latin America, Middle East & Africa, North America. In addition to it, the company also generates its revenue from the various subsidiary companies such as NatureWorks LLC, (U.S.), FRONTIER AGRICULTURE LTD (U.K.), Cargill Cocoa & Chocolate (U.S.), OPX Biotechnologies, Inc. (U.S.), Alvean (Switzerland) among others.
Ingredion Incorporated
Ingredion Incorporated has headquartered in Illinois, U.S. and it was established in year 1906. The company offers a wide range of applications such as Animal and Pet Nutrition, Bakery, Batters And Breadings, Beverage/Soft Drinks, Biomaterials, Beauty And Home, Brewing And Alcoholic Beverages, Confectionery, Dairy, Infant And Clinical Nutrition, Noodles/Pasta, Savory, Meats, Snacks among which infant and clinical nutrition is market focused category.
For instance,
- In October 2016, Ingredion Incorporated introduced new product for the global market named as NUTRAFLORA prebiotic fiber. The product is available in liquid form to support immune and digestive health of humans. Through this the company strengthened their product portfolio for the global customer base.
The company has presence in North America, South America, America, Europe, Middle East and Africa, Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such Arrendadora Gefemesa, S.A. de C.V. (Mexico), Bebidas y Algo Mas S.A. de C.V. (Mexico), Bedford Construction Company (U.S.), Brunob II B.V. (Netherlands) and Cali Investment LLC (U.S.) among others.
Recent Strategic Decisions
