Key Trends in Infant Clinical Nutrition Industry Propel Toward a US$ 49.47 billion Valuation: Fact.MR Study
Market for Specialist Infant (Newborn) Nutrition Products is Driven by Growing Recognition of Healthy Diet during Infancy; North America is estimated to hold a market share of 23.9% in 2024 : Fact.MR Report
Rockville Pike, Oct. 17, 2024 (GLOBE NEWSWIRE) — A newly published study by Fact.MR, a market research and competitive intelligence provider, mentions that revenue from the demand for infant clinical nutrition is approximated to reach a valuation of US$ 27.55 billion in 2024. The global market is projected to expand at a CAGR of 6% from 2024 to 2034.Top of FormTop of Form
Increasing focus on the value of a nutritious diet throughout infancy is driving the demand for specialized infant nutrition products. More parents have a greater understanding of the benefits of clinical nutrition for their children’s growth and development. Preterm births and rising infant death rates in some areas are driving up the need for baby clinical nutrition, particularly for products designed to sustain underweight and preterm neonates.
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