South America Human Milk Fortifier Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2030

Analysis – by Form (Powder and Liquid) and Distribution Channel (Online and Offline)

No. of Pages: 79
Report Code: BMIRE00029085
Category: Food and Beverages
South America Human Milk Fortifier Market
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The South America human milk fortifier market is expected to grow from US$ 30.74 million in 2023 to US$ 56.01 million by 2030; it is estimated to grow at a CAGR of 8.9% from 2023 to 2030.

New Ways of Feeding Fortifiers to Infants fueling the South America Human Milk Fortifier Market

Human milk fortifiers are recommended for preterm babies, underweight infants, and infants having nutritional deficiencies. Providing human milk fortifiers to infants that have started to suckle at the breast can be challenging for the mother and might shorten the duration of the breastfeeding period. Hence, feeding techniques such as cup feeding, supplemental nursing system (SNS), and finger feeder method are introduced to increase the use of fortifiers in infants after discharge from hospitals. Cup feeding is one of the safe fortifiers feeding but cannot be used during nursing. Supplement nursing system is another alternative for providing human milk fortifiers during breastfeeding. However, this system is difficult to handle and requires nursing experience to feed the baby. The finger feeder method enables mothers to breastfeed their infants and meet their nutritional needs. In this method, handling and preparation of fortifiers is easy. According to the study conducted by Nestle Nutritional Institute, more than 67% of infants accepted devices and fortifiers during nursing. Further, efforts are being made to develop ready-to-use, liquid human milk fortifier mixtures that can be directly fed during breast feeding.

Thus, the new ways of feeding fortifiers are expected to introduce new trends into the South America human milk fortifier market during the forecast period.

South America Human Milk Fortifier Market Overview

South America has observed a significant increase in birth rates in recent years. The growing population of newborns, including preterm infants, has resulted in an increased demand for human milk fortifiers to meet the nutritional requirements of these babies. Also, increasing urbanization and changing lifestyles have led to increased adoption of modern practices, including an emphasis on infant nutrition. As more families move to urban areas, there is a growing awareness of the importance of providing optimal nutrition to infants, which has driven the demand for human milk fortifiers. 

South America Human Milk Fortifier Market Revenue and Forecast to 2030 (US$ Million)

South America Human Milk Fortifier Market Revenue and Forecast to 2030 (US$ Million)

South America Human Milk Fortifier Market Segmentation 

The South America human milk fortifier market is segmented based on form, distribution channel, and country. Based on form, the South America human milk fortifier market is bifurcated into powder and liquid. The powder segment held a larger market share in 2023.

Based on distribution channel, the South America human milk fortifier market is bifurcated into online and offline. The offline segment held a larger market share in 2023.

Based on country, the South America human milk fortifier market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America human milk fortifier market in 2023.

Abbott Laboratories, Nestle SA, Raptakos, Brett & Co Ltd, Danone SA, and Reckitt Benckiser Group Plc are some of the leading companies operating in the South America human milk fortifier market.   

South America Human Milk Fortifier Market Strategic Insights

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South America Human Milk Fortifier Market Segmentation Analysis

South America Human Milk Fortifier Market Report Highlights

South America Human Milk Fortifier Report Scope

Report Attribute Details
Market size in 2023 US$ 30.74 Million
Market Size by 2030 US$ 56.01 Million
CAGR (2023 - 2030) 8.9%
Historical Data 2021-2022
Forecast period 2024-2030
Segments Covered By Form
  • Powder and Liquid
By Distribution Channel
  • Online and Offline
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Abbott Laboratories
  • Nestle SA
  • Raptakos, Brett & Co Ltd
  • Danone SA
  • Reckitt Benckiser Group Plc
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South America Human Milk Fortifier Market Country and Regional Insights

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The List of Companies - South America Human Milk Fortifier Market

  1. Abbott Laboratories
  2. Nestle SA
  3. Raptakos, Brett & Co Ltd
  4. Danone SA
  5. Reckitt Benckiser Group Plc
Frequently Asked Questions
How big is the South America Human Milk Fortifier Market?

The South America Human Milk Fortifier Market is valued at US$ 30.74 Million in 2023, it is projected to reach US$ 56.01 Million by 2030.

What is the CAGR for South America Human Milk Fortifier Market by (2023 - 2030)?

As per our report South America Human Milk Fortifier Market, the market size is valued at US$ 30.74 Million in 2023, projecting it to reach US$ 56.01 Million by 2030. This translates to a CAGR of approximately 8.9% during the forecast period.

What segments are covered in this report?

The South America Human Milk Fortifier Market report typically cover these key segments-

  • Form (Powder and Liquid)
  • Distribution Channel (Online and Offline)

What is the historic period, base year, and forecast period taken for South America Human Milk Fortifier Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Human Milk Fortifier Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2030
  • Who are the major players in South America Human Milk Fortifier Market?

    The South America Human Milk Fortifier Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Abbott Laboratories
  • Nestle SA
  • Raptakos, Brett & Co Ltd
  • Danone SA
  • Reckitt Benckiser Group Plc
  • Who should buy this report?

    The South America Human Milk Fortifier Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South America Human Milk Fortifier Market value chain can benefit from the information contained in a comprehensive market report.

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