Infant Formula Ingredients Market

Arla Foods amba (Denmark) and Glanbia plc (Ireland) are the Key Players in the Infant Formula Ingredients Market

The infant formula ingredients market is projected to grow at a CAGR of 9.4% from 2017 to 2022. Increasing number of working women globally, the inability of mothers to lactate sufficiently, and convenience feeding are the major drivers contributing to the growth of the market. The key market players have adopted strategies such as partnerships, expansions, and new product launches to expand their market share in the infant formula ingredients market. The key players who adopted these strategies are AAK AB (Sweden), Fonterra Co-operative Group Limited (New Zealand), Carbery Food Ingredients Limited (Ireland), Royal FrieslandCampina N.V. (Netherlands), Sachsenmilch Leppersdorf GmbH (Germany), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Arla Foods amba (Denmark), Chr. Hansen Holdings A/S (Denmark), Kerry Group plc (Ireland), Lactalis Ingredients (France), Glanbia plc (Ireland), and Vitablend Nederland B.V. (Netherlands).

Arla Foods amba (Denmark)

Arla Foods amba is a cooperative headquartered in Denmark. Arla Foods Ingredients is a subsidiary of the cooperative that develops and manufactures milk-based ingredients for the food industry which also include infant formula ingredients. It has production facilities in Denmark, Argentina, Germany, and the U.K., and subsidiaries in several countries such as Argentina, Brazil, China, France, Japan, Mexico, the U.S., the Netherlands, and Singapore. The company has made heavy investments for the growth of its business in the infant formula ingredients market. For instance, in 2017, the company invested in high-quality infant formula production in Denmark. This helped the company to expand and strengthen its business.

Glanbia plc (Ireland)

Glanbia plc is a global nutrition group headquartered in Ireland. The company produces high-quality nutritional ingredients and branded products for customers worldwide. The company has its presence in over 32 countries across the globe, and its products are sold in about 130 countries. Its regional presence includes North America, Latin America, Europe, Asia-Pacific, South Africa, and the Middle East. Glanbia’s industry coverage includes performance nutrition, food nutrition, and dairy. Its product launches in the recent past has helped it to sustain market competition in the infant formula ingredients industry. For instance, in 2016, Glanbia introduced dry and wet blend infant formula grade powders. This helped the company to increase its product portfolio.

Related Reports:

Infant Formula Ingredients Market by Type (Carbohydrates, Oils & fats, proteins, Vitamins & minerals, Prebiotics), Application (Growing-up milk, Standard infant formula, Follow-on formula, Specialty), Form, Source, and Region - Global Forecast to 2022

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Report Code
FB 5452
RI Published ON
7/28/2017
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