WORLD – The global infant formula market is anticipated to surpass US$103 billion by 2026 with increasing awareness about their nutritional benefits and rising innovation from manufacturers in the sector seen to drive growth, a recent study by Fortune Business Insights shows. According to the study, the sector is projected to exhibit a 10.85% CAGR growth during the forecast period running through 2019-2016 from a US$45.12 billion market value in 2018. During the period, demand for infant nutrition products will increase, with manufacturers embarking on designing the formulations that closely…
Read MoreInfant formula market size to reach US$103.75bn by 2026 as innovation drives growth
