3A Business Consulting has published a brand new analysis of the global infant formula (IMF) market:
The IMF market amounts to approx. USD 55 Bn and around 2.6 mio MT in 2020, growing approx. 5% in value annually from 2015 to 2020 . Market value is expected to continue growing 5% annually to reach approx. USD 69 Bn and more than 2.77 mio MT by 2025. Asia is projected to drive growth in the global IMF market, accounting for 65% of value growth towards 2025.
The report contains lots of information on regions, countries and ingredients as well as on the key players in the market.
More information: 3A Business Consulting, Marselis Boulevard 1, DK-8000 Aarhus C, Denmark,
phone: +45 70 21 00 98, Web: www.3abc.dk
