Pediatric Nutrition Market Size, Share, By Product Type (Milk-based, Soy-based, Organic, Prebiotic/Probiotic, Amino Acid-based, and Others), By Application (Brain Development, Metabolic Disorders, Allergy Management, and Others), By Distribution Channels (Online Pharmacies, Retail Pharmacies and Others), and By Region- Trends, Analysis, and Forecast till 2034

Report Code: PMI11018 | Publish Date: March 2024 | No. of Pages: 186

Global Pediatric Nutrition Market By Overview

Pediatric Nutrition Market Size was valued at USD 94.8 Billion in 2024 and is expected to reach USD 182.4 Billion by 2034 growing at a CAGR of 7.4%

The pediatric nutrition market is targeted at providing infants and children with the best nutrition while they are growing at critical development stages. This billion-dollar-plus market is more varied than standard formulas. This includes toddler formulas, helping the child to transition to solid foods, and in promotions for a later product in nutritional drinks to address the special needs of older children with an illness or growth issues, and even specialized formulas for specific medical conditions. Market segmentation caters to diverse needs. The entire spectrum of the product, from milk-based imitators of breast milk to soy-based formulas for the lactose-intolerant ones, is available in the market. Organic formulas are a response to growing parental preference for organic ingredients, while postbiotic or prebiotic and probiotic formulas are meant to promote gut health. Various specialized formulas exist in order to combat different challenges, from metabolic disorders to allergies.

The nature of distribution is such that both traditional and modern methods are used. Brick-and-mortar stores such as pharmacies and supermarkets help customers gain access to popular formulas. Online retailers serve a wider range of selections, possibly with competitive pricing. Key health care environments, including hospitals and clinics, will also serve as key distribution points for specialized formulas under advice from health care professionals. Realizing this changed scenario, more and more manufacturers are adopting omnichannel strategies in a way that will bring forth a seamless integration of online and offline channels. This makes for an interesting landscape geographically.

North America is taking the lead with a mature market but a zeal for innovation; Europe prefers its strict regulations and specialized formulas. The Asia Pacific region is rising fast with more disposable incomes, urbanization, and awareness of child health. Though the potential is somewhat shackled, given economic disparities, Latin America offers a quite mixed picture. The Middle East and Africa continue to be major players in the field. Going forward, there is apparently immense growth in the market for pediatric nutrition. The increasing awareness and willingness to undertake appropriate nutrition for the wholesome development of children, combined with increased disposable incomes in developed regions and the launch of innovative products, are other drivers in this marketplace. Manufacturers flexible enough to adjust their strategies to the specific needs and desires of the respective region are likely to do well in this continually changing marketplace.

Global Pediatric Nutrition Market By Dynamics

Key Drivers of Target Market:

Convenience Matters

  • The busy lives of dual-income parents mean availability and Ease of Preparation of children's nutrition solutions become a significant factor, ranging from pre-measured recipes, fortified drinks, or just grab-and-go snacks that assure nutrition whenever time is taken to assure nutrition.

Economic Powerhouse

  • Rising disposable incomes, especially in developing countries, empower parents to invest in more premium forms of pediatric nutrition products. This opens avenues for companies providing organic, fortified, or specialized formulas addressing specific development needs.

Restrains:

Regulatory Hurdles Leading to Difficulty in Infant Nutrition Markets

  • Implementation of stringent government regulation in terms of product development, marketing, and labeling in the pediatric nutrition products develops slow innovation by the companies and hurdles the chance to bring in new solutions to the market. Companies face too many problems in framing products with their complex regulatory frameworks to bring their products to the consumers.

Opportunities:

Digital Marketplace

  • This online retail market is prospering fast, and it offers an intensely extended platform for outreach to consumers with powerful width. Online ordering and subscription service, a convenience and extension of access in itself in pediatric nutrition products, may be adapted to parents' busy schedules and be extended into remote areas.

Global Pediatric Nutrition Market By Segmentation

The market is segmented based on Product Type, Application, Distribution Channel, and region.

Product Type Insights:

  • Milk-based formula: This is the most common category in the market. Cow and other mammals' milk is applied as a major source of nutrition for infants who are not breast-fed or are in seeking supplementation. The manufacturers fortify with essential vitamins, minerals, and other key nutrients to almost replicate the benefits of breast milk.
  • Soy-based formulas: This category is used in the case of an infant with lactose intolerance or allergic to milk. Based on soybeans, they present an alternative protein in a nutrient-balanced form, just like cow milk formulas.
  • Organic formula: This is a fast-growing segment fueled by an increase in parental demand for organic ingredients. Organic formulas use organically produced milk or soy as a base and may include other organic ingredients throughout the formula.
  • Prebiotic/Probiotic formula: Owing to broadening scientific understandings about the important roles, which gut bacteria play in health around the globe, prebiotic/probiotic formulas are coming on strong. These generally include prebiotics, which are considered fibers of the diet considered the food by good gut bacteria, and probiotics, which are live bacteria known to help in digestion and boost the immune.
  • Amino Acid-Based Formula: This is a special formula designed for infants with very severe allergies or metabolic disorders. In other formulas, the molecules are broken down into big molecules, but for amino acid-based formulas, they are just in the elemental constituent of the components themselves: the amino acids. This allows it to be safely and adequately absorbed for specific medical conditions.
  • Other Pediatric Nutritional Products: This category comprises all pediatric nutritional others other than standard formulas. This category includes toddler formulas that are specifically designed to help in the transition process from liquid to solid foods, nutritional drinks for the older children who are ill or not growing well and require a special diet, and formulas specifically designed for children with other types of diseases.

Application Insights

  • Brain Development: This section focuses on formulas and nutritional products with the enrichment of special nutrients like DHA (docosahexaenoic acid) and ARA (arachidonic acid), without which there can be no proper development of the brain and cognitive functions.
  • Metabolic Disorders: This specialized segment serves children with unique metabolic abnormalities that prevent the proper use of nutrients. In this category come formulas with special sources of carbohydrates or special amino acid profiles, both to ensure proper nutrient absorption and to manage the underlying condition.
  • Management of Allergies: This category includes allergies and intolerances that frequently occur in infants and children. This includes soy-based formulas for lactose intolerance, hypoallergenic formulas for cow's milk protein allergy, and even formulas with specific carbohydrate blends to manage with regard to other allergies.
  • Others It comprises many other applications of pediatric nutrition apart from the core areas mentioned above. This could be formulas for children with problems related to weight, whether it be obesity or concerns about being underweight, special formulas targeted at preterm and low-birth-weight babies, and even nutritional supplements aimed at particular health concerns children might have.

Distribution channel Insights:

  • Retail pharmacies: outlets remain the most dominant traditional channel, where consumers can easily acquire the most frequently used formulas and pediatric nutritional products. Pharmacies, supermarkets, and special baby stores offer a broad spectrum of different types of products for parents to find them at any convenient stop. The advantage is in being instantly available, with available tactile opportunity for examining a product before purchasing. But a choice may be very narrow toward other channels.
  • Online pharmacies: This has become one of the most convenient means through which parents source pediatric nutrition products. Online pharmacies and marketplaces offer a far greater variety of formulas, both from larger companies and the specialized and niche offerings. Home delivery and often competitive pricing further enhance the attractiveness of this channel. Yet, the main concern with such internet sites is the authenticity of the product, more so when the seller is not an authorized distributor. Correct research and proper verification of seller credentials are crucial before any purchase is made online.
  • Healthcare Settings: Hospitals and specialized clinics are very important avenues for the distribution of pediatric nutrition products, especially those designed for special dietary formulations. In fact, metabolic disorder formulas or hypoallergenic ones may well be administered in said pediatric specialty clinics under the guidance of health professionals.  At that stage, pediatricians and dietitians can work together just to assess the needs of a child and the most suitable formulas that the children need in order to have all nutrients for complete and ideal growth and development.

Regional Insights

  • North America: This region has deep market saturation and high awareness focused on the importance of pediatric nutrition. It houses established brands with much effort put into innovation and premiumization; however, rising healthcare costs and insurance coverage complexities may be challenging.
  • Europe: Stringent regulation and an increase in preventive healthcare characterize the European market. A strong demand for organic and specialized formula catering for allergic and metabolic disorders. The largest market share is within the developed nations in Europe, while the growth potential is held within Eastern Europe.
  • Asia-Pacific: The fastest growth in the pediatric nutrition market has been observed in this region, mainly due to factors like rising disposable income, growth in urbanization, and increasing child health awareness. China and India base important markets, with both high demand for premium and affordable formulas.
  • Latin America: the outlook is mixed. Although large countries like Brazil report high growth, economic disparities and lack of access to healthcare in many parts of the region may act as a barrier to market growth. The key to this segment would now lie in affordability, driven by government initiatives.
  • Middle East and Africa: This region has potential for future growth due to rising birth rates, urbanization, and disposable income. Some complications continue in terms of infrastructure, healthcare availability, and consumer education in pediatric nutrition.

Pediatric Nutrition Market Report Scope:

Attribute

Details

Market Size 2024

USD 94.8 Billion

Projected Market Size 2034

USD 182.4 Billion

CAGR Growth Rate

7.4%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type- Milk-based, Soy-based, Organic, Prebiotic/Probiotic, Amino Acid-based, and Others

By Application- Brain Development, Metabolic Disorders, Allergy Management, and Others

By Distribution Channels- Online Pharmacies, Retail Pharmacies and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on the market is segmented based on product type, application, distribution channel, and region.

Segmentation:

By Product type:

  • Milk-based
  • Soy-based
  • Organic
  • Prebiotic/Probiotic
  • Amino Acid-based
  • Others

By Application:

  • Brain Development
  • Metabolic Disorders
  • Allergy Management
  • Others

By Distribution channels:

  • Online Pharmacies
  • Retail Pharmacies
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Pediatric Nutrition Market By Key Players

The key players operating the Pediatric Nutrition Market include Nestle S.A., Abbott Laboratories, Reckitt Benckiser Group Plc.,Groupe Danone, Royal FrieslandCampina, and Baxter International Inc.

Global Pediatric Nutrition Market By Key Issues Addressed

  • In October 2022, Else Nutrition Holdings Inc. launched its flagship Chinese store on Tmall Global and the brand started selling Else Nutrition Toddler Formula and Baby Cereal directly to Chinese consumers through this store. The opening of the Chinese market is the third market for Else in its international expansion.
  • In September 2022, Nestlé announced an ingredient blend for inclusion in infant formula through components found in breast milk, myelin Nutrilearn Connect, launching initially in Hong Kong before spreading into other markets.

Global Pediatric Nutrition Market By Company Profile

  • Nestle S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Abbott Laboratories
  • Reckitt Benckiser Group Plc.
  • Groupe Danone
  • Royal FrieslandCampina
  • Baxter International Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Pediatric Nutrition Market By Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Application 
    • Market Snippet, By Distribution Channels
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Milk-based
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Soy-based
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Organic
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Prebiotic/Probiotic
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Amino Acid-based
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Brain Development
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Metabolic Disorders
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Allergy Management
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Distribution Channel, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Online Pharmacies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Retail Pharmacies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Nestle S.A.
  • Abbott Laboratories
  • Reckitt Benckiser Group Plc.
  • Groupe Danone
  • Royal FrieslandCampina
  • Baxter International Inc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Pediatric Nutrition Market Size was valued at USD 94.8 Billion in 2024 and is expected to reach USD 182.4 Billion by 2034 growing at a CAGR of 7.4%

The Pediatric Nutrition Market is segmented into the market is segmented based on application, distribution channel, and region.

Factors driving the market include the increasing convenience matters and economic powerhouse.

The Pediatric Nutrition Market's restraints include regulatory hurdles leading to difficulty in infant nutrition markets.

The Pediatric Nutrition Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Pediatric Nutrition Market include Nestle S.A., Abbott Laboratories, Reckitt Benckiser Group Plc.,Groupe Danone, Royal Friesland Campina, and Baxter International Inc.