Baby Drinks Market Trends, Segment and Future Growth to 2023 - Major Key Players are Nestle S.A., Heinz and Hain Celestial Group, Abbott Laboratories, Mead Johnson Nutrition Company, LLC., HiPP GmbH & Co., Danone, Beingmate Group Co. Ltd., Campbell Soup C

Baby Drinks Market Overview
Baby juice and baby electrolyte contain vitamins and nutrients for the growth of the baby. Although physicians recommend breastfeeding, infant formula can be used as an alternative due to the similar nutrient contents.
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The market is driven by rising in the number of women professionals. Moreover, changes in lifestyle, rise in the middle class population, and growth in disposable income in the emerging economies, such as India, China, Indonesia, among others, have propelled the market growth. However, concerns related to food safety and decline in global birth rate are expected to increase the market growth.

Baby Drinks Market Forecast Report (2018-2023)
Baby Drinks Market worth was USD 25.47 billion in 2018 and estimated to be growing at a CAGR of 10.4%, to reach USD 41.77 billion by 2023.

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Baby Drinks Market Segmentation
The market for Baby Drinks is segmented into product, application and distribution channel. By product the market is divided into Infant formula, baby juice and baby electrolyte. Infant formula leads the market as it provides high nutritional value to the babies. By application the market is classified into less than 6months, 6-12months, 12-36 months and more than 36 months. By distribution channel the market is divided into Hypermarkets, Pharmacy/medical stores, Speciality stores and some hard discounter stores. Hypermarkets lead the market in this segment.

On the basis of geography, the market is classified under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Baby Drinks market was dominated by Asia Pacific due to rising population and increased female participation inlabor force.

Key developments
• In 2016, the infant formula segment accounted for the huge share in the global baby drinks market. Iron rich infant formula helps to prevent anemia. Various infant formulas are based on probiotics, which help to prevent the diarrhea, ease colic, and reduce the risk of food allergies.

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Major Players:
Major players in the current market are:
• Nestle S.A
• Heinz and Hain Celestial Group
• Abbott Laboratories
• Mead Johnson Nutrition Company, LLC.
• Danone
• Beingmate Group Co. Ltd.
• HiPP GmbH & Co.
• Campbell Soup Company
• Arla Foods
• D.Signstore.

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