Latin America, Middle East & Africa 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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The Latin America, Middle East and Africa Baby Drinks Market would grow at a CAGR of 12.4% during 2017 - 2023. The market for baby drinks is largely driven due to changing lifestyle, growing middle class population, and rise in the disposable income among the population in the emerging economies. Baby drinks, such as infant formula, baby juice, and baby electrolyte, are considered to be a rich source of energy, protein, certain vitamins, and minerals. Additionally, high nutritional and vitamins content such as iron, which prevents anemia has also had a strong positive impact on the market expansion.
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 country, Latin America, Middle East and Africa Baby Drinks Market Baby Drinks market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of Latin America, Middle East & Africa (LAMEA). Brazil remained the dominant region in the Latin America, Middle East and Africa Baby Drinks market in 2016.The report covers the analysis of key stake holders of the Latin America, Middle East and Africa Baby Drinks Market 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.