World economic growth, the Ready-to-Drink Formula Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Ready-to-Drink Formula market size to maintain the average annual growth rate of 0.0571789921224 from 780.0 million $ in 2014 to 1030.0 million $ in 2020, Stratagem Market Insights analysts believe that in the next few years, Ready-to-Drink Formula market size will be further expanded, we expect that by 2026, The market size of the Ready-to-Drink Formula will reach 1810.0 million $.
Ready-to-drink formula is a premixed liquid formula that is the most convenient way to prepare a drink for infants and adults and does not require any water to it. This formula is thick and rich in various nutrients such as vitamins, minerals, proteins, and other important nutrients. Moreover, the ready-to-drink formula does not require much preparation for blending. Moreover, the ready-to-drink formula for infants is a safe alternative to breast milk for babies and mothers are also highly reliant on the formula as they do not have any side-effects on consumption.
The increasing popularity of ready-to-drink formula among consumers along with the increasing number of working women is predominately fueling the market growth of ready-to-drink formula. The rise in the middle-class population and the growing disposable income of the people is also expected to propel the market growth of ready-to-drink formula. Moreover, increasing the launch of new and variety in ready-to-drink the formula is further anticipated to propel the market growth over the forecast period. For instance, in May 2019, Maximuscle has introduced a new and improved formula to their iconic range of sports nutrition products; Maximuscle Protein Milk RTDs, a great tasting source of protein. The new drinks are high in protein (25g), low in fat, no added sugar, 201 calories, and contain no artificial colors, flavors, thickeners. Furthermore,
From the regional point of view, Asia Pacific is expected to gain significant growth over the forecast period and this can be attributed to the rising disposable income of the people in the region. Moreover, ongoing urbanization in the region is further expected to create numerous opportunities for economic growth in Emerging Asia. The aforementioned factors are projected to foster the regional market growth of Ready-to-Drink Formula.
Key Developments:
• In April 2019, Asahi JV introduced the new mother and baby formula. The products feature four types of milk formula under Asahi's brand of infant and maternal nutrition, Wakodo.
• In July 2019, Alniche Lifesciences has launched a ready-to-drink formula in partnership with a Delhi based pharmaceutical company Alniche that would boost immunity and improve metabolism. Complipro, the new product is the first ready-to-use protein oral supplement to compensate for intradialytic amino acid losses.
• In April 2019, MILO®, the world's leading chocolate malt beverage brand, today launched the new MILO® More Milk and 50% Less Sugar, created in-line with the national push towards increased nutrition and less sugar, while catering to the hectic lifestyles of Singaporean families.
This Report covers the manufacturers' data, including shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the World, which shows a regional development status, including market size, volume, and value, as well as price data.
Besides, the report also covers segment data, including type segment, industry segment, channel segment, etc. cover different segment market size, both volume, and value. It also covers different industry's clients information, which is very important for the manufacturers. If you need more information,
Section 1: Definition
Section (2 3): Manufacturer Detail
* Danone
* Mead Johnson
* Nestle
* Abbott Laboratories
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
* 2-6 FL OZ
* 6-8 (Including 8) FL OZ
* 8-31 FL OZ
* More than 31 FL OZ
Industry Segmentation:
* 0-6 Months
* 6-12 Months
* 12 Months Plus
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2020-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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