Global Rice Protein Based Infant Formula Market is projected to register a substantial CAGR of 5.9% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Rice Protein Based Infant Formula Market
- Rising population of working mothers
- Growing infant population
Restraint:
- Stringent Regulation
Opportunity:
- Increasing awareness regarding importance of nutrition for infants
Challenge:
- High content of toxic chemicals in rice based infant formula
Market Trends:
Global rice protein based infant formula market is segmented into five notable segments which are type, product type, form, infant age and distribution channel.
- On the basis of product type, the market is segmented standard formula, toddler formula, follow-on formula and special formula. The follow-on formula segment is expected to lead the global rice protein based infant formula market.
- On the basis of type, the market is segmented into unformulated and formulated
- On the basis of form, the market is segmented into Non-GMO and GMO
- On the basis of infant age, the market is segmented into 0-6 months, 6-12 months and 1-3 years
- On the basis of distribution channel, the market is segmented into store-based retailer and non-store retailer
Major Players: Global Rice Protein Based Infant Formula Market
Some of the major players operating in global rice protein based infant formula market are Nucitec SA de CV, La Mandorle, Laboratorios Ordesa, Kate Farms, Bayer AG, Lactalis International, BIOLAB PHARMA and Novalac among others.
