Global Water for Mothers and Infant Market-Description
Compared to adults, babies have a different immune system. Their immune systems are more sensitive. For the infants, access to clean, safe water is essential. Therefore, this factor might encourage many parents of infants to convert to baby drinking water, accelerating growth.
Baby drinking water is made specifically for babies to guard against any unfavourable illness or ailment brought on by contaminated water. The World Health Organization (WHO) reports that diarrhoea, which is brought on by drinking contaminated or impure water, kills over 361000 children under the age of five every year.
Global Water for Mothers and Infant Market- Overview
The Global Water for Mothers and Infant market size was USD 30.74 Billion in 2022, and is expected to grow to a value of more than USD 61.94 Billion by 2030, with a growing CAGR (compound annual growth rate) of 10.3% from 2022 to 2030.
The Global Water for Mothers and Infant Market is developing at a quicker pace with significant development rates throughout the most recent couple of years and is assessed that the market will fill essentially in the gauge period for example 2022 to 2030.
The absence of adequate and drinkable water for infants is what essentially drives the market of water for Mothers and Infant. Babies' immune systems are less robust. Fluoride and sodium levels that are greater in some areas may have a negative effect on a baby's health as well as their body's ability to grow and develop.
The expansion of the global water for Mothers and Infant market is being driven by increased disposable income, the middle class, and growing consumer awareness of the availability of baby drinking water. Another element contributing to the expansion of this sector is the rising birth rate. The World Bank reports that the fertility rate for women in 2019 was 2.403 births per woman.
Global Water for Mothers and Infant Market- Key trends
Vulnerability of infants to various ailments is aiding industry expansion
Babies have a weaker immune system and therefore are vulnerable to various ailments. Therefore, health experts advise mothers to drink pure water and also feed the same to their babies. It has been witnessed that infants who get exposed to contaminated water containing high sodium and fluoride levels are at high risk of deadly ailments. This in turn is stimulating the overall dynamics of this marketplace.
Growing disposable income of the masses to bolster market growth
Pure packaging drinking water does not come for free and is even costly is some areas. Thus, people with low income levels seldom afford it. Purified drinking water undergo a complexed purification process which in turn has increased its price. Therefore, surge in the spending power of individuals have made them eligible to easily buy pure water for infants and the mother. These factors are creating lucrative opportunities for the industry vertical to prosper.
Global Water for Mothers and Infant market- Segmental Assessment
Based on type
1-2L
More than 2L
Below 400 mL
Others
Based on application
Fresh food e-commerce
Supermarket
Convenience store
Third party online shopping platform
Others
Global Water for Mothers and Infant Market- Geographical Terrain
North America, Europe, Latin America, Asia Pacific, and Middle East and Africa are the major regions constituting the geographical landscape of Global Water for Mothers and Infant market. Asia-Pacific dominates the market with the largest market share among others due to the ever growing birth rates and surging per capita income of the masses.
Global Water for Mothers and Infant Market- Competitive Landscape
The Key players in the Global Water for Mothers and Infant Market are Nongfu Spring, J&P Turner, Cest bon, Jingtian, Watsons, Evergrande Bingquan, Nestle, Wahaha and Kunlun Mountains, and others.
Report scope
Global Water For Mothers and Infant Market: Historical Years- 2018-2021
Global Water For Mothers and Infant Market: Forecast Years- 2022-2030
Global Water For Mothers and Infant Market 2022- USD 30.74 Billion
Global Water For Mothers and Infant Market 2030- USD 61.94 Billion
Global Water For Mothers and Infant Market CAGR- 10.3%
Key segments reported-
By Type (1-2L, More than 2L, Below 400 mL, and Others)
By Application (Fresh food e-commerce, Supermarket, Convenience store, Third party online shopping platform, and Others)
Major regions and countries covered-
North America (U.S., Canada, and Mexico)
South America (Brazil, Argentina, and Colombia)
Europe (Germany, U.K., France, Italy, Spain, and Russia)
Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Nongfu Spring, J&P Turner, Cest bon, Jingtian, Watsons, Evergrande Bingquan, Nestle, Wahaha and Kunlun Mountains, and others.