Europe Probiotic Infant and Child Formula Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Infant Formula (0-1 Year), and Growing-Up Formula (1-6 Years)), and Distribution Channel (Online, and Offline)
Description
Europe Probiotic Infant and Child Formula Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Infant Formula (0-1 Year), and Growing-Up Formula (1-6 Years)), and Distribution Channel (Online, and Offline)
The probiotic infant and child formula in Europe is expected to grow from US$ 826.43 million in 2022 to US$ 1,755.33 million by 2028. It is estimated to grow at a CAGR of 13.4% from 2022 to 2028.
Surge in Working Women Population
Breastmilk is the ideal food for infants as it is safe, clean, and contains antibodies that help protect against many common childhood illnesses. Breastmilk provides the child with all the energy and nutrients that are required for the first few months after birth, and it continues to provide up to half or more of a child’s nutritional needs. According to various surveys and reports, breastfeeding is declining for various reasons, including women's participation in the labor force. For instance, according to the Office for National Statistics (ONS) of the UK, the employment statistics of mothers grew from 66.2% in 2000 to 75.1% in 2019. Thus, the increased participation of women in the labor force is reducing breastfeeding and is driving the demand for probiotic infant and child formulas. According to the CDC, 17% of babies are supplemented with formula during the first two days of life, and ~35% of babies older than 6 months are fed breastmilk and formula. Thus, the rise in the number of women participating in the labor force is driving the growth of the Europe probiotic infant and child formula market.
Market Overview
The Europe probiotic infant and child formula market is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. The market growth is fuelled by a rising fertility rate. According to the European Commission, the total fertility rate in the European Union increased from 1.43 live births per woman in 2001 to 1.50 live births per woman in 2020. Additionally, infant formula and growing-up formula are majorly used by working mothers to provide healthy and nutritious food for their babies. A growing focus on infant care and nutrition, changing lifestyles, rising middle-class population, and increasing purchasing power and disposable income of people in economies (including the UK, Germany, and France) are expected to propel the probiotic infant and child formula market growth in Europe during the forecast period.
Europe Probiotic Infant and Child Formula Market Revenue and Forecast to 2028 (US$ Million)
Europe Probiotic Infant and Child Formula Market Segmentation
The Europe probiotic infant and child formula is segmented into type, distribution channel, and country.
Based on type, the market is segmented into infant formula (0-1 year) and growing-up formula (1-6 years). The growing-up formula (1-6 years) segment registered the larger market share in 2022. Based on distribution channel , the market is segmented into online and offline. The offline segment held the larger market share in 2022. Based on country, the market is segmented into Germany , France ,Italy , UK , Russia and Rest of Europe. Russia dominated the market share in 2022. Nestlé S.A. ; HiPP GmbH & Company Vertrieb KG ; Abbott Laboratories and Mead Johnson & Company, LLC are the leading companies operating in the probiotic infant and child formula in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Probiotic Infant and Child Formula Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe Probiotic Infant and Child Formula Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The probiotic infant and child formula in Europe is expected to grow from US$ 826.43 million in 2022 to US$ 1,755.33 million by 2028. It is estimated to grow at a CAGR of 13.4% from 2022 to 2028.
Surge in Working Women Population
Breastmilk is the ideal food for infants as it is safe, clean, and contains antibodies that help protect against many common childhood illnesses. Breastmilk provides the child with all the energy and nutrients that are required for the first few months after birth, and it continues to provide up to half or more of a child’s nutritional needs. According to various surveys and reports, breastfeeding is declining for various reasons, including women's participation in the labor force. For instance, according to the Office for National Statistics (ONS) of the UK, the employment statistics of mothers grew from 66.2% in 2000 to 75.1% in 2019. Thus, the increased participation of women in the labor force is reducing breastfeeding and is driving the demand for probiotic infant and child formulas. According to the CDC, 17% of babies are supplemented with formula during the first two days of life, and ~35% of babies older than 6 months are fed breastmilk and formula. Thus, the rise in the number of women participating in the labor force is driving the growth of the Europe probiotic infant and child formula market.
Market Overview
The Europe probiotic infant and child formula market is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. The market growth is fuelled by a rising fertility rate. According to the European Commission, the total fertility rate in the European Union increased from 1.43 live births per woman in 2001 to 1.50 live births per woman in 2020. Additionally, infant formula and growing-up formula are majorly used by working mothers to provide healthy and nutritious food for their babies. A growing focus on infant care and nutrition, changing lifestyles, rising middle-class population, and increasing purchasing power and disposable income of people in economies (including the UK, Germany, and France) are expected to propel the probiotic infant and child formula market growth in Europe during the forecast period.
Europe Probiotic Infant and Child Formula Market Revenue and Forecast to 2028 (US$ Million)
Europe Probiotic Infant and Child Formula Market Segmentation
The Europe probiotic infant and child formula is segmented into type, distribution channel, and country.
Based on type, the market is segmented into infant formula (0-1 year) and growing-up formula (1-6 years). The growing-up formula (1-6 years) segment registered the larger market share in 2022. Based on distribution channel , the market is segmented into online and offline. The offline segment held the larger market share in 2022. Based on country, the market is segmented into Germany , France ,Italy , UK , Russia and Rest of Europe. Russia dominated the market share in 2022. Nestlé S.A. ; HiPP GmbH & Company Vertrieb KG ; Abbott Laboratories and Mead Johnson & Company, LLC are the leading companies operating in the probiotic infant and child formula in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Probiotic Infant and Child Formula Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe Probiotic Infant and Child Formula Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
78 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 4. Europe Probiotic Infant and Child Formula Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Expert Opinion
- 5. Europe Probiotic Infant and Child Formula Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Focus on Infant Care and Nutrition
- 5.1.2 Surge in Working Women Population
- 5.2 Market Restraints
- 5.2.1 Stringent Rules and Regulations Pertaining to Infant Formula
- 5.3 Market Opportunities
- 5.3.1 Rising Demand for Organic Infant Formula
- 5.4 Future Trends
- 5.4.1 Innovations in Probiotic Infant and Child Formula Market
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Probiotic Infant and Child Formula – Europe Market Analysis
- 6.1 Probiotic Infant and Child Formula Market Overview
- 6.2 Europe Probiotic Infant and Child Formula Market –Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Probiotic Infant and Child Formula Market Analysis – by Type
- 7.1 Overview
- 7.2 Europe Probiotic Infant and Child Formula Market, by Type (2021 and 2028)
- 7.3 Infant Formula (0-1 Year)
- 7.3.1 Overview
- 7.3.2 Europe Infant Formula (0-1 Year): Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Growing-Up Formula (1-6 Years)
- 7.4.1 Overview
- 7.4.2 Europe Growing-Up Formula (1-6 Year): Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 8. Europe Probiotic Infant and Child Formula Market Analysis – by Distribution Channel
- 8.1 Overview
- 8.2 Europe Probiotic Infant and Child Formula Market, by Distribution Channel (2021 and 2028)
- 8.3 Online
- 8.3.1 Overview
- 8.3.2 Europe Online: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Offline
- 8.4.1 Overview
- 8.4.2 Europe Offline: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9. Europe Probiotic Infant and Child Formula Market – Country Analysis
- 9.1 Europe: Probiotic Infant and Child Formula Market
- 9.1.1 Europe: Probiotic Infant and Child Formula Market –Revenue and Forecast to 2028 (US$ Million)
- 9.1.2 Europe: Probiotic Infant and Child Formula Market, by Key Country
- 9.1.2.1 Germany: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.1.1 Germany: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.1.2 Germany: Probiotic Infant and Child Formula Market, by Distribution Channel
- 9.1.2.2 France: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.2.1 France: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.2.2 France: Probiotic Infant and Child Formula Market, by Distribution Channel
- 9.1.2.3 UK: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.3.1 UK: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.3.2 UK: Probiotic Infant and Child Formula Market, by Distribution Channel
- 9.1.2.4 Italy: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.4.1 Italy: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.4.2 Italy: Probiotic Infant and Child Formula Market, by Distribution Channel
- 9.1.2.5 Russia: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.5.1 Russia: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.5.2 Russia: Probiotic Infant and Child Formula Market, by Distribution Channel
- 9.1.2.6 Rest of Europe: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.2.6.1 Rest of Europe: Probiotic Infant and Child Formula Market, By Type
- 9.1.2.6.2 Rest of Europe: Probiotic Infant and Child Formula Market, by Distribution Channel
- 10. Industry Landscape
- 10.1 Overview
- 10.2 New Product Development
- 11. Company Profiles
- 11.1 Nestlé S.A.
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 HiPP GmbH & Company Vertrieb KG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Abbott Laboratories
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Mead Johnson & Company, LLC.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. Europe Probiotic Infant and Child Formula Market –Revenue and Forecast to 2028 (US$ Million)
- Table 2. Europe: Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Europe: Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Germany Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Germany Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 6. France Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 7. France Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 8. UK Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 9. UK Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 10. Italy Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Italy Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Russia Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 13. Russia Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Rest of Europe Probiotic Infant and Child Formula Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Rest of Europe Probiotic Infant and Child Formula Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
- Table 16. List of Abbreviation
- LIST OF FIGURES
- Figure 1. Europe Probiotic Infant and Child Formula Market Segmentation
- Figure 2. Europe Probiotic Infant and Child Formula Market Segmentation – By Country
- Figure 3. Europe Probiotic Infant and Child Formula Market Overview
- Figure 4. Europe Probiotic Infant and Child Formula Market: By Type
- Figure 5. Europe Probiotic Infant and Child Formula Market: By Country
- Figure 6. Porter's Five Forces Analysis: Probiotic Infant and Child Formula Market
- Figure 7. Expert Opinion
- Figure 8. Europe Probiotic Infant and Child Formula Market Impact Analysis of Drivers and Restraints
- Figure 9. Europe: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 10. Europe: Probiotic Infant and Child Formula Market Revenue Share, By Type (2021 and 2028)
- Figure 11. Europe Infant Formula (0-1 Year): Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Europe Growing-Up Formula (1-6 Year): Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Europe: Probiotic Infant and Child Formula Market Revenue Share, by Distribution Channel (2021 and 2028)
- Figure 14. Europe Online: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Europe Offline: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Europe: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Europe: Probiotic Infant and Child Formula Market Revenue Share, by Key Country (2021 and 2028)
- Figure 18. Germany: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 19. France: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 20. UK: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Italy: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Russia: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Rest of Europe: Probiotic Infant and Child Formula Market – Revenue and Forecast to 2028 (US$ Million)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
