Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Growing Up Milk Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2028, and key prospects over the forecast period 2028. The insights and analytics on the Growing Up Milk Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
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The marketing strategies adopted by leading manufacturers and distributors in the growing up milk market have invited criticism from governmental organizations, including the World Health Organization (WHO). For example, WHO declared in one of its official statements that follow-up formula products are “unnecessary” and “unsuitable” for the growth and development of toddlers.
Additionally, the European Commission has imposed stringent regulations, such as Commission Directive 2013/46/EU on follow-up formula products. The Commission also modified to labelling requirements for substitutes for breast milk by delegating the Regulation (EU) 2016/127, which is likely to come in effect in 2020. Stringent regulations and unfavorable recommendations from governing bodies may create more challenges for growing up milk market players in the upcoming years.
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Increasing Breastfeeding Prevalence will Cause an Aversion to Growing Up Milk Products
Modern parents are becoming highly aware of the health benefits of breastfeeding infants and young children for at least 1 year. According to statistics published by the U.S. Department of Health & Human Services, the breastfeeding initiation rates in the U.S. increased in 2015 as more than 83% infants were breastfed in 2015.
In England, the breastfeeding rate increased from 43.2% in 2015-16 to 44.4% in 2016-17, according to Public Health England – an executive agency of the Department of Health and Social Care in the UK.
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The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Growing Up Milk Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
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Some important questions that the Growing Up Milk Market report tries to answer exhaustively are:
- Key strategic moves by various players in the Growing Up Milk Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
- Which strategies will enable top players in the Growing Up Milk Market to expand their geographic footprints
- Which new business models are expected to change the course of growth of key regional markets in near future
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
- Which products segments have in recent years have seen new, lucrative application areas
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