The global Pediatric Nutrition Market is estimated to be valued at US$ 3.73 billion in 2022 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

1. Pediatric Nutrition Market Is Estimated To
Witness High Growth Owing To Growing
Health Concerns and Increasing Demand for
Infant Formula
Pediatric Nutrition Market
The global Pediatric Nutrition Market is estimated to be
valued at US$ 3.73 billion in 2022 and is expected to
exhibit a CAGR of 6.4% over the forecast period 2023-
2030, as highlighted in a new report published by
Coherent Market Insights.
A) Market Overview:

2. Pediatric nutrition refers to the specific dietary needs of
infants, children, and adolescents. It focuses on
providing the essential nutrients required for their
growth and development. The market primarily includes
infant formula, baby food, and nutritional supplements.
Pediatric nutrition products are designed to meet the
unique nutritional needs of infants and children,
providing them with the necessary vitamins, minerals,
proteins, carbohydrates, and fats.
B) Market Dynamics:
The two main drivers contributing to the growth of the
pediatric nutrition market are growing health concerns
and an increasing demand for infant formula.
1. Growing Health Concerns: Parents are becoming
increasingly conscious of their children's health and are
seeking better nutrition options for them. Rising
awareness about the importance of proper nutrition for
child development and the prevention of chronic
diseases later in life is driving the demand for pediatric
nutrition products.
2. Increasing Demand for Infant Formula: The demand for
infant formula is on the rise due to various factors such
as changing lifestyles, working mothers, and the inability

3. to breastfeed. Infant formula provides a safe and
convenient alternative to breast milk, ensuring that
infants receive the necessary nutrients for healthy
growth and development.
C) Segment Analysis:
The infant formula segment dominates the Pediatric
Nutrition Market. Infant formula products are widely
used as a substitute for breast milk and are available in
various forms, such as powdered, liquid, and ready-to-
feed. Powdered infant formula holds the largest market
share due to its affordability, convenience, and long shelf
life.
D) PEST Analysis:
Political: Government regulations and policies play a
significant role in the pediatric nutrition market.
Regulatory bodies enforce standards and guidelines to
ensure the safety and quality of infant formula and baby
food products.
Economic: Economic factors such as disposable income,
GDP growth, and healthcare expenditure influence the

4. purchasing power and affordability of pediatric nutrition
products.
Social: Changing lifestyles, urbanization, and the
increasing number of working mothers are social
factors that impact the demand for pediatric nutrition
products.
Technological: Advances in technology have led to the
development of innovative pediatric nutrition products,
such as specialized formulas for infants with specific
health conditions or dietary restrictions.
E) Key Takeaways:
- The global pediatric nutrition market is expected to
witness high growth, exhibiting a CAGR of 6.4% over the
forecast period, due to increasing health concerns and
the demand for infant formula.
- Asia Pacific is the fastest-growing and dominating
region in the pediatric nutrition market, driven by a large
population, rising disposable income, and increasing
awareness about child health and nutrition.
- Key players operating in the global pediatric nutrition
market include Reckitt Benckiser Group Plc, Nestlé S.A.,
Abbott Laboratories, Groupe Danone, Royal

5. FrieslandCampina, Baxter International Inc., Fresenius
Kabi, and B. Braun Melsungen AG. These players focus
on product innovation, expansion into emerging markets,
and strategic collaborations to gain a competitive edge
in the market.