Asia Pacific Baby Drinks Market to Expand at 7.90% CAGR from 2014 to 2020

Posted by admin on November 19, 2017 in Articles

Transparency Market
Research
Baby Drinks Market ( Infant Formula and Baby Juice)- Asia
Pacific Industry Analysis Size Share Growth Trend
Forecast 2014 – 2020
Published Date
21-05-201552 Page ReportBuy NowRequest SamplePress ReleaseAsia Pacific Baby Drinks Market to Expand at 7.90% CAGR from
2014 to 2020Transparency Market Research
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[email protected] Baby Drinks MarketREPORT DESCRIPTIONTransparency Market Research has published a new market study on the Asia Pacific baby drinks market
for the 2014-2020 period. According to the report, the market, which had a valuation of US$10.4 bn in
2013, is expected to attain a valuation of US$18.2 bn by 2020, increasing at a CAGR of 7.90% for the
period. The report, titled “Baby Drinks Market – Asia Pacific Industry Analysis Size Share Growth Trend
Forecast 2014 – 2020,” is available for sale on the company website.Typically, baby drinks are drinks that
are consumed by children below three years of age. In the baby drinks market in Asia Pacific, baby juice
and infant formula are the major products and are further broken down into ready-to-drink and
concentrated product types.
The report says that the Asia Pacific baby drinks market will display substantial growth in the coming years
due to several reasons. First and foremost, the increasing number of women in the workforce is driving
sales of baby drinks, mainly infant formula. Women employees require alternative arrangements to feed
their children since they can’t tend to them for long hours.
Infant formula is largely available as dry milk in powder form, which, when mixed with water, becomes
liquid and can be fed to small children. The basic component of infant formula is cow milk, which is further
treated to be suitable for babies. Ready-to-drink liquids, which are sterile and sold in…