The Global Pediatric
Nutrition Market, by Product Type (Milk-based, Soy-based, Organic,
Prebiotic/Probiotic, Amino Acid-based, and Others), by Age Group (Infant and
Children), by Formulation (Powder and Liquid), by Application (Brain Development, Nutrition
Source (Sole Source and Supplements), Metabolic Disorders (Maple Syrup Disease,
Phenylketonuria, Insulin Resistance, and Others), Allergy Management (Cow’s
Milk Protein Allergies, Lactose Intolerance, and Others)), by Distribution
Channel (Online Stores and Retail Stores), and by Region (North America, Latin
America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$
35,211.6 million in 2016 and is projected to exhibit a CAGR of 6.4% over the
forecast period (2017–2025). Increasing demand for pediatric nutrition in Asia
Pacific, high availability of a wide range of nutritional products, including
products for children with special needs, and price competitiveness among
leading players to gain market share are some of the major drivers for growth
of the pediatric nutrition market. China is the major source of revenue for
companies such as Nestle S.A., Mead Johnson Nutrition, and Abbott Laboratories,
operating in this market. For instance, Mead Johnson Nutrition generated around
30% of its revenue in 2016, from China alone. Increasing number of small
players are entering into China is also responsible for growth of the market in
the country. Several rules to monitor the quality of pediatric nutrition are
increasingly being implemented in China. According to a new regulation,
effective from January 1, 2018, factories are required to register their
products with China’s Food and Drug Administration and pass safety inspections
for marketing. Products not certified by the government are banned.
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In August 2017, regulators in
China approved 89 products manufactured by 22 companies in its first
announcement related to a new rule. Out of these 22, five multi-national
companies are Nestle S.A., Mead Johnson Nutrition, Abbott Laboratories, Wyeth
Nutrition, and Royal Friesland Campina.
Browse 40 Market Data Tables and
54 Figures spread through 197 Pages and in-depth TOC on Pediatric Nutrition
Market, by Product Type (Milk-based, Soy-based, Organic, Prebiotic/Probiotic,
Amino Acid-based, and Others), by Age Group (Infant and Children), Formulation
(Powder and Liquid), by Application (Brain Development, Nutrition Source (Sole
Source and Supplements), Metabolic Disorders (Maple Syrup Disease, Phenylketonuria,
Insulin Resistance and Others), Allergy Management (Cow’s Milk Protein
Allergies, Lactose Intolerance and Others)), by Distribution Channel (Online
Stores and Retail Stores), and by Region (North America, Latin America, Europe,
Asia Pacific, Middle East, and Africa) - Global Forecast to 2025.
Companies in the pediatric
nutrition market are increasingly focusing on inorganic growth strategies. In
2013, Nestle S.A. acquired U.S.-based Pamlab L.L.C., Covington, La., a medical
nutrition company, to broaden its brain health and metabolic health portfolio.
Moreover, the company has made strategic investment in companies working on
similar product lines. For instance, Nestle S.A. entered into a strategic
collaboration with DBV Technologies, to develop a patch-test tool for diagnosis
of Cow’s Milk Protein Allergy (CMPA) for infants, in 2016. Furthermore, the
company decided to reorganize its nutrition business in order to win in this
high-growth category, in November 2017. Reckitt Benckiser Group plc acquired
Mead Johnson Nutrition, a leading company in pediatric nutrition, in June 2017.
This acquisition significantly enhances the position of Reckitt Benckiser in
the consumer health segment.
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Key Takeaways of the Pediatric
Nutrition Market:
The global pediatric nutrition
market is expected to exhibit a CAGR of 6.4% over the forecast period (2017 –
2025), owing to growing product portfolio to serve diverse range of customers
and greater adoption rate in emerging economies of Asia Pacific
Changing regulations in countries
such as China is expected to favor growth of large companies. Moreover,
inclination towards imported products has also helped multi-national companies
to expand their market in the country.
Asia Pacific is expected to
retain its dominance during the forecast period (2017-2025), owing to high
birth rate and increasing disposable income in the region
The market is witnessing multiple
mergers and acquisitions and this trend is expected to sustain during the
forecast period, as smaller players are expected to face difficulty in
operating profitably while complying with changing regulation
Major players operating in the
pediatric nutrition market include Reckitt Benckiser Group Plc, Nestlé S.A.,
Abbott Laboratories, Groupe Danone, Royal FrieslandCampina, Baxter
International Inc., Fresenius Kabi, and B. Braun Melsungen AG
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