The new report by Informes de Expertos titled, ‘Latin America Baby Food and Infant Formula Market 2023-2028’ , offers an in-depth examination of the market landscape, on the basis of segmentation by type, channel distribution, and regions. The report provides detailed evaluation by exploring key factors such as regional trends and drivers and examining market limitations and challenges through Porter’s five forces model and a SWOT analysis. Additionally, the market is analyzed based on past and future trends and their impact on the market dynamics and prospects, with comprehensive research on price indicators and market players included.
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Los aspectos más destacados del informe son:
Visión General del Mercado (2018-2028)
• CAGR del Periodo de Pronóstico (2023-2028): 2,30%
El mercado de alimentos infantiles y preparados para lactantes en América Latina está proliferando debido al crecimiento de la población y a la concienciación sobre la nutrición infantil. Con el aumento del número de familias jóvenes con niños pequeños, la demanda de alimentos infantiles y preparados para lactantes en la región es cada vez mayor. La mayor concienciación sobre la importancia de una nutrición adecuada para los niños pequeños está impulsando la demanda de alimentos infantiles y preparados para lactantes diseñados para proporcionar los nutrientes necesarios para un crecimiento y desarrollo sanos.
Una clase media en expansión, impulsada por el aumento de los niveles de renta en la región, busca alimentos infantiles y preparados para lactantes nutritivos y de primera calidad. El crecimiento del mercado de alimentos y preparados para lactantes en América Latina, con un valor de 3,94 millón de dólares, se ve impulsado por la urbanización, ya que las familias se trasladan a las ciudades y necesitan productos cómodos y fáciles de usar para sus hijos. Varios gobiernos de la región apoyan el mercado con programas destinados a mejorar la salud y la nutrición infantil.
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Industry Definition and Major Segments
Infant Food formula is a specially made food product for infants and young children. It is composed of fruits, vegetables, meats, or grains that have been pureed or mashed to make it easier for the baby to digest. This type of food is commonly sold in jars or pouches and comes in different flavors and consistencies, depending on the baby’s age and level of development.
On the basis of type, the market is segmented into:
• Milk Formula
• Dried Baby Food
• Prepared Baby Food
• Others
The major distribution channels in the industry include:
• Supermarkets and Hypermarkets
• Pharmacies
• Convenience Stores
• Others
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
In Latin America, there is a rising preference for premium and organic baby food and infant formula products as families search for high-quality, nutritious options for their young children. Busy lifestyles and urbanization have resulted in an increased demand for convenient and user-friendly baby food and infant formula products. There is a growing focus on sustainability in the region, leading to an increased demand for environmentally friendly baby food and infant formula products.
A heightened interest in health and wellness among families in Latin America is driving the demand for baby food and infant formula products that promote healthy growth and development. The expansion of e-commerce and online retail channels has made it easier for families to access a greater range of baby food and infant formula products, leading to increased competition and innovation in the market.
Key Market Players
The major players in the market are:
• Nestlé S.A.
• Danone S.A.
• Mead Johnson & Company, LLC
• Abbott Nutrition
• Mead Johnson & Company
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
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About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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