PUBLISHER: The Business Research Company | PRODUCT CODE: 1539621
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539621
Baby electrolytes are specialized solutions, available in liquid or powder form, designed specifically for infants and young children to replenish essential electrolytes lost during periods of illness, dehydration, or exposure to heat. These solutions typically contain crucial electrolytes such as sodium, potassium, chloride, and sometimes glucose, carefully balanced for the sensitive systems of young children.
Baby electrolytes are primarily available in powder, liquid, and other forms. Powdered baby electrolytes are dry granules that require mixing with water or another liquid before use. They are convenient for storage, allowing parents to prepare small quantities as needed to rehydrate infants and young children during times of illness or dehydration. These products come in both unflavored and fruit-flavored varieties and are distributed through channels such as modern trade and general trade. They cater to different age groups, including infants up to 12 months, toddlers from 12 to 36 months, and children from 36 months to 60 months.
The baby electrolyte market research report is one of a series of new reports from the business research company that provides baby electrolyte market statistics, including baby electrolyte industry global market size, regional shares, competitors with an baby electrolyte market share, detailed baby electrolyte market segments, market trends and opportunities, and any further data you may need to thrive in the baby electrolyte industry. This baby electrolyte market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The baby electrolyte market size has grown strongly in recent years. It will grow from $1.26 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth observed in the historic period can be attributed to several factors, increasing incidences of dehydration in infants, heightened healthcare awareness, advancements in pediatric healthcare, improved accessibility to healthcare services, economic growth, government initiatives supporting healthcare, and the expansion of retail networks.
The baby electrolyte market size is expected to see rapid growth in the next few years. It will grow to $2.04 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. In the forecast period, growth can be attributed to several factors increasing birth rates, growing health consciousness among consumers, innovations in product formulation, expansion of e-commerce platforms, urbanization and changing lifestyles, development of healthcare infrastructure, and increased marketing and promotional activities. Key trends expected in this period include advancements in technology, the rise of personalized nutrition solutions, use of natural and organic ingredients, adoption of sustainable packaging practices, expansion in flavors and product varieties, implementation of smart packaging technologies, and the integration of mobile health applications.
The baby electrolyte market is poised for growth due to increasing instances of nutritional deficiencies. Nutritional deficiencies arise from inadequate nutrient intake, poor dietary choices, limited access to nutritious foods, and insufficient knowledge about balanced nutrition. Baby electrolyte solutions play a vital role in addressing and preventing these deficiencies in infants by providing essential nutrients, ensuring proper hydration, and supporting overall health. For example, as reported by the World Health Organization in May 2023, anemia affects a significant percentage of children aged 6 to 59 months, pregnant women, and women aged 15 to 49 globally, with Africa and South-East Asia being the most affected regions.
Leading companies in the baby electrolyte market are actively innovating by developing advanced formulations and improved nutritional profiles tailored to meet consumer demands. Products such as apple-flavored electrolytes not only encourage fluid intake but also provide essential nutrients crucial for infants and young children. For instance, Otsuka Pharmaceutical Factory Inc. introduced OS-1 Apple Flavor in June 2022, available in different sizes and approved for dietary therapy in cases of mild-to-moderate dehydration. Adjustments in OS-1 intake are recommended based on dehydration levels for various age groups.
In March 2022, Advent International Corporation expanded its investment in the pharmaceutical sector by acquiring Perrigo Company plc's Mexico and Brazil-based pharmaceutical businesses. This strategic move enhances Advent's market presence in pediatric nutrition, including electrolyte formulations.
Major companies operating in the baby electrolyte market are Pfizer Inc., Johnson And Johnson, Bayer AG, Sanofi S.A., Abbott Laboratories, Danone S.A., Kimberly-Clark Corporation, Reckitt Benckiser Group plc, Goodonya and Otsuka Holdings Co. Ltd, Otsuka Pharmaceutical Co. Ltd., Perrigo Company plc, Mead Johnson And Company LLC., Cipla Ltd., Nestle Health Science, Unilab Inc., The Hain Celestial Group Inc., Prestige Consumer Healthcare Inc., Plum Organics, Nuun And Company Inc, Hydralyte PTY LTD, Meda Consumer Healthcare Inc., Halewood Laboratories Pvt. Ltd., The Kinder Farmaceutical Company, Monico S.p.A., Refresh LLC, SOS Hydration Inc., Vida Products Inc., Lyteline LLC, DripDrop Inc.
North America was the largest region in the baby electrolyte market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the baby electrolyte market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the baby electrolyte market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The baby electrolyte market consists of sales of oral rehydration solutions, electrolyte gel and electrolyte tablets. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Baby Electrolyte Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on baby electrolyte market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for baby electrolyte ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The baby electrolyte market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.