Asia Pacific Baby Drinks Market By Product (Infant Formula, Baby Electrolyte, Baby Juices), Application (6 Months to 12 Months, Less than 6 Months, 12 Months to 36 Months), Distribution Channel (Supermarkets & Hypermarkets, Pharmacies, Specialty Stores)
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Market Report Description
The Asia Pacific Baby Drinks Market would grow at a CAGR of 11.8% during 2017 -2023. The Asia Pacific region also has tremendous potential for Baby Drinks with growing working woman population. China is among the most lucrative of countries with large population base, high purchasing power, and also has significantly high consumption of baby drinks. India, on the other hand, is expected to be the second most attractive market in the Asian region.
Working women in India have been inclined to use products such as ready-to-drink infant formula, baby juice, and baby electrolyte. The baby drinks market in India is estimated to grow at a CAGR of 12.9% from 2017 to 2023.
Convenient baby feeding for working mothers, changing lifestyle in emerging economies, and rise in the disposable income are additional factors supplementing baby drinks market growth. Based on the product type, the Baby Drinks market is segmented across Infant Formula, Baby Electrolyte, and Baby Juices. The market is further segmented based on Infant Formula type into Infant Milk, Follow-on-Milk, Specialty Baby Milk and Growing up Milk.
Based on Juice type, the market is further sub categorized across Concentrated and Ready to Drink. The segmentation based on Applications includes 6 Months to 12 Months, Less than 6 Months, 12 Months to 36 Months and Others. Based on Distribution Channel the market is segmented into Supermarkets & Hypermarkets, Pharmacies, Specialty Stores and Others.
Based on a country, Baby Drinks market is segmented into China, Japan, India, South Korea, Singapore, Australia and Rest of Asia-Pacific. The report covers the analysis of key stake holders of the Baby Drinks market. Key companies profiled in the report include Reckitt Benckiser Group Plc. (Mead Johnson Nutrition Company, LLC), Sofina (DANONE), Beingmate Group Co. Ltd., HiPP GMBH & CO., Nestle, Hain Celestial Group, Inc., Cbell Soup Company, Abbott Laboratories, and Arla Foods.
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