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According to a new report Baby Drinks Market (2017-2023), published by KBV Research, the Baby Drinks Market is expected to attain a market size of $40.7 billion by 2023, growing at a CAGR of 10.6% during the forecast period.
The Infant Formula market dominated the market by Product in 2016, and would continue to be a dominant market till 2023. The Baby Juices market is expected to witness a CAGR of 12.6% during (2017 - 2023).
The Asia Pacific region dominated the Baby Drink market for Less than 6 Months by Region in 2016, and would continue to be a dominant market till 2023 growing at a CAGR of 12.6 % during the forecast period. The Europe market is expected to witness a CAGR of 10.2% during (2017 - 2023). Additionally, The North America market is expected to witness a CAGR of 9% during (2017 - 2023).
The Supermarkets & Hypermarkets market dominated the Baby Drink Market by Distribution Channel in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 9.4 % during the forecast period. The Pharmacies market would attain a market value of $9,971.9 million by 2023. Additionally, The Others market is expected to witness highest CAGR of 11.8% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/baby-drinks-market/
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the Baby Drinks Market have been discussed in the report along with the elaborated company profiles of Reckitt Benckiser Group Plc.� (Mead Johnson Nutrition Company, LLC), Sofina (DANONE), Beingmate Group Co. Ltd., HiPP GMBH & CO., Nestle, Hain Celestial Group, Inc., Campbell Soup Company, Abbott Laboratories, and Arla Foods.
Baby Drinks Segmentation
By Distribution Channel
Unique Offerings from KBV Research