Baby Drinks Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Baby Juice, Infant Formula, Baby Electrolyte), By Application (Less Than 6 Months, 6-12 Months, 12-36 Months, More Than 36 Months, By Distribution Channel (Supermarkets and Hypermarkets, Online stores, Convenience Stores, Others), and Region Forecast 2019-2030    

Baby Drinks Market size was valued at US$ 129.6 billion in 2023 and is poised to grow at a CAGR of 9.3% from 2024-2030. Baby Drinks are the products such as infant formula, baby electrolyte, and baby juice that contain nutrients and vitamins help in development of baby. These are based on fruit juices and designed for consumption by children less than three years. Infant formula, a dried milk product is most commonly used for infants that contains similar nutrients present in natural breast milk. Although doctors advocate breastfeeding for infants, due to the similar nutrient content of infant formula, it can be used as a substitute. The rise in the number of female professionals is driving the industry.

Furthermore, market growth has been fueled by changes in lifestyle, an increase in the middle class population, and an increase in disposable income in rising nations such as India, China, and Indonesia, among others. Concerns about food safety and a fall in the worldwide birth rate, on the other hand, are projected to stifle market growth. Due to its vast population of children aged 0 to 4, Asia-Pacific is the greatest revenue contributor to the global market. The rise of the infant drinks industry has been spurred by increased female involvement in the labour force in countries such as China, India, South Korea, and Indonesia. Furthermore, the market has grown due to an increase in disposable money, a busy lifestyle, and a higher level of living in these regions. In terms of revenue, China topped the infant drinks market in 2016, with a 56.9% share in the Asia-Pacific region.