According to a recent study published by Fact.MR,the growing up milk market will envisage an impressive 5.9% volume y-o-y growth in 2018 over 2017.
The study reveals that the growing needs of the ‘new-age’ parents to find a convenient way of meeting nutritional requirements of their toddlers is mainly providing a fillip to the growth of the growing up milk market. The study also finds new avenues of growth for growing up milk manufacturers in developing countries in the Asia Pacific and the Middle East & African region.
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Segmentation
In order to provide detailed information about the growing up milk market in the most comprehensible manner, the Fact.MR report divides the growing up milk market into its five broad sub-segments – source, form, packaging form, sales channels, and regions.
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Based on the source, the growing up milk market is segmented into two main types –
- Plant-based
- Animal-based growing up milk products.
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According to the form, the growing up milk market is broadly segmented into
- Solid
- Liquid growing up milk products.
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According to the packaging form, the growing up milk market is segmented into
- Aseptic cartons
- Bottles & tetra packs
- Pouches & sachets
- Cans.
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Depending on the sales channel, the growing up milk market is broadly segmented into following types –
- Departmental stores
- Modern trade channels
- Specialty stores
- Drug stores
- Convenience stores
- Online sales channels.
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Based on regions, the growing up milk market is segmented into six regions –
- North America
- Latin America
- Europe
- Japan
- Asia Pacific region Excluding Japan
- Middle East & Africa (MEA).
Competitive Landscape
The report enlists leading stakeholders in the growing up milk market and provides useful information about important developments in the winning strategies of leading players in the growing up milk market.
This section in the Fact.MR study aids readers to fathom the most recent developments in the growing up milk market with the help of insightful information about the leading manufacturers and other stakeholders in the market.
Market players featured in the report include Nestlé SA, Danone, Abbott Laboratries, Kraft Heinz Co, Mead Johnson Nutrition Co., Meiji Holdings Co. Ltd., FrieslandCampina N.V, Hain Celestial, Hero group, and DePaul Industries.