Rice Protein Based Infant Formula Market report is an important document for every market enthusiast, policymaker, investor, and market player. The report suggests that the market has shown rapid development in the current and past years and is going to progress with continuing growth in the upcoming years. This industry report lists and studies the leading competitors, also provides the insights with strategic industry analysis of the key factors influencing the market dynamics. The authors of the report have piled up a detailed study on crucial market dynamics, including growth drivers, restraints, and opportunities.
Global Rice Protein Based Infant Formula Market is projected to register a substantial CAGR of 5.9% in the forecast period of 2019 to 2026.
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Some of the major players operating in global rice protein based infant formula market are:- Nucitec SA de CV, La Mandorle, Laboratorios Ordesa, Kate Farms, Bayer AG, Lactalis International, BIOLAB PHARMA and Novalac among others.
Global Rice Protein Based Infant Formula Market By Type (Formulated, Unformulated), Product Type (Standard Formula, Toddler Formula, Follow-On Formula, Special Formula), Form (Non-GMO, GMO), Infant Age (6-12 Months, 0-6 Months, 1-3 Years), Distribution Channel (Store-Based Retailer, Non-Store Retailer), Geography (Asia-Pacific, Europe, North America, South America, Middle East & Africa) – Industry Trends and Forecast to 2026
Global Rice Protein Based Infant Formula Market Competitive Analysis:
Some of the major players operating in global rice protein based infant formula market are Nucitec SA de CV, La Mandorle, Laboratorios Ordesa, Kate Farms, Bayer AG, Lactalis International, BIOLAB PHARMA and Novalac among others.
In June 2018, Lactalis Group strengthened their position in the Middle East by signing a joint-venture with the Hanilor Company by covering both Smeds and Hanilor International subsidiaries. This strategy would help the company to strengthen its position in the Middle East by distributing their products
- Global rice protein based infant formula market is segmented into five notable segments which are type, product type, form, infant age and distribution channel.
- On the basis of product type, the market is segmented standard formula, toddler formula, follow-on formula and special formula. The follow-on formula segment is expected to lead the global rice protein based infant formula market.
- On the basis of type, the market is segmented into unformulated and formulated
- On the basis of form, the market is segmented into Non-GMO and GMO
- On the basis of infant age, the market is segmented into 0-6 months, 6-12 months and 1-3 years
- On the basis of distribution channel, the market is segmented into store-based retailer and non-store retailer
Global rice protein based infant formula market is an upcoming market which includes key players and local players. The market is growing owing to the favourable market scenario. The market has a prominent growth in upcoming years due to rising population of working mothers, growing infant population, increasing cases of breast cancer and rice based infant formula is widely accepted as non-allergic product.
The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand. For instance, in June 2018, Lactalis Group strengthened their position in the Middle East by signing a joint-venture with the Hanilor Company by covering both Smeds and Hanilor International subsidiaries. This strategy would help the company to strengthen its position in the Middle East by distributing their products.
Lactalis International dominated the rice protein based infant formula market. The other key players existing in the market includes are Novalac and Bayer AG, Nucitec SA de CV, La Mandorle, Laboratorios Ordesa, Kate Farms, BIOLAB PHARMA and others.
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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