"Prebiotics for Infant Formula Market Analysis: Current Market Status and Future Projections"
According to Data Bridge Market Research, the prebiotics for
infant formula market is anticipated to exhibit significant growth between 2020
and 2027, with a projected Compound Annual Growth Rate (CAGR) of 6.7%.
The market is expected to reach USD 1,761.92 million by 2027. The growth
of the infant formula market, fueled by an increase in the number of infants,
is a key driver of this growth.
The market growth of prebiotics-based infant formula
products is expected to accelerate due to an increase in their availability
compared to previous years. This increase is being driven by a rise in the
number of preterm babies who require prebiotics for their formula. In the
United States, for example, there has been an increase in premature births from
9.6% in 2015 to 9.9% in 2017. This trend in developed countries such as the
U.S. is creating a greater demand for infant nutrition, which is further
driving market growth.
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