According
to a recent market research report published by Transparency Market
Research, the Europe
baby drinks market is estimated to expand at a CAGR of 3.50%
during the period between 2015 and 2021. The report, titled “Baby
Drinks Market - Europe Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021,” projects the baby drinks market in
Europe to reach a valuation of US$20.4 bn by the end of 2021. The
overall market was worth US$15.9 bn in 2014.
Baby
drinks include infant formula and baby juices. While infant formula
is prepared from dried milk, baby juices are made up of fruit juices
especially for babies up to three years of age. Infant formula
contains all the vital nutrients required for a baby’s growth and
complements breast milk. Water is added to the dry milk for
rehydration purpose.
The
report states that the rise in the number of working mothers has
boosted the demand for baby drinks in Europe. Recommendations from
doctors regarding the usage of infant formula as a complementary food
for babies have further augmented the growth of the Europe baby
drinks market. However, the high sugar content in the baby drinks
might have adverse effect on baby’s health, which is a key factor
hampering the demand for baby drinks.
In
terms of product types, the report segments the Europe baby drinks
market into infant formula and baby juice. The baby juice segment has
been further divided into ready-to-drink baby juice and concentrated
baby juice. In 2014, the infant formula segment dominated the overall
market in terms of revenue and demand. During the forecast horizon,
the segment is expected to sustain its leading position in the market
owing to recommendations by pediatricians.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5558
Infant
formula is considered as the most ideal alternative for breast milk
and has a high nutritional value. The baby juice segment has been
growing majorly due to the increased demand for ready-to-drink baby
juices. However, the baby juice segment is facing a couple of
restraints such as weaker distribution channels. The ready-to-drink
baby juices contain a high amount of sugar, which makes them a less
preferred choice among parents.
The
report studies the Europe baby drinks market across the U.K.,
Germany, Spain, Italy, France, Sweden, and Rest of the Europe. In
terms of revenue, France led the overall market in 2014. Busy
lifestyle of parents, favorable government policies, and growing
acceptance of infant formula are the primary factors driving the
growth of the market in France. During the forecast period, the
country is anticipated to continue as the leading market for baby
drinks. In 2014, France held 18.50% of the overall market while the
U.K. accounted for 16.30% of the market. The U.K. and Spain are
expected to contribute significantly towards the growth of the Europe
baby drinks market in the coming years.
Describing
the competitive landscape, the report profiles some of the key
players in the Europe baby drinks market such as H.J. Heinz Company,
Nestle S.A., Danone, Mead Johnson Nutrition Company, and HiPP GmbH &
Co. Vertrieb KG. The report assesses the performance of the key
players on the basis of attributes such as product portfolio,
financial status, business strategies, and recent developments. The
report further provides information regarding market share held by
the players and distribution channels.
Europe
Baby Drinks Market has been segmented as:
Europe
Baby Drinks Market, by Product
- Infant formula
- Baby juice
- Concentrated baby juice
- Ready-to-drink baby juice
Europe
Baby Drinks Market, by Country
- Spain
- Germany
- France
- Italy
- K.
- Sweden
- Rest of Europe
Contact
Mr.
Sudip S
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment