Market Overview:
The global smart baby formula milk maker market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using a smart baby formula milk maker, rising disposable income, and growing demand for convenience foods. Based on type, the global smart baby formula milk maker market can be segmented into button-controlled and wireless-controlled types. The button-controlled type is expected to dominate the market during the forecast period owing to its low cost and easy operation. However, with advancements in technology, wireless-controlled types are gaining traction due their features such as automatic shutoff and preprogrammed settings that make them more user-friendly than button-controlled types. On the basis of application, the global smart baby formula milk maker market can be segmented into 0–1 year old infants and ≥1 year old children segments.
Product Definition:
A Smart Baby Formula Milk Maker is a device that is used to make formula milk for babies. It is important because it ensures that the milk is made correctly and that the baby receives all of the nutrients they need.
Button Controlled:
button controlled, it's usage.
Button Controlled Milk Maker Market Size, Share & Trends Analysis Report By Product Type (Bottle Feeding, Pacifier), By Distribution Channel (Offline, Online), And Segment Forecasts, 2019 - 2025 -> The global button controlled milk maker market size was valued at USD 6.5 billion in 2018.
Wireless Concontrolled:
The wireless controlled and canned milk making machine is a new concept of technology that has been introduced in the market. The main purpose of this device is to automate the process of milking so as to provide quality breast milk for babies. This system works on an electric motor connected with a gearbox which drives the stainless steel tubing, which in turn extracts milk from breasts through teats.
This product consists of two parts - one is pump unit.
Application Insights:
0-1 year old infants held the largest share of over 50.0% in 2017. The growing importance of breastfeeding and the rising awareness about health are among the key factors driving this segment growth. In addition, manufacturers are launching new products for infant nutrition which is further expected to drive demand over the forecast period.
The application segment is further divided into 0-1 year olds and above 1 year olds children aged between 2 to 3 years old children aged between 4 to 11 years old above 11 years old infants (boys). Application of smart baby formula milk maker in household is expected to increase due with ease of use and installation at home as compared with commercial place where babies can be boarded or daycare centers where mothers work outside home will drive demand for these machines at homes or institutions respectively during daytime when babies need milk most thus anticipated increasing adoption rate particularly in developing countries like India, China etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to rising awareness among consumers regarding infant nutrition, high purchasing power of consumers, and easy availability of baby food preparation kits and appliances in this region.
Europe also held a considerable share in 2017 owing bothto riseing awareness about infant nutrition as well as presenceof leading manufacturers such as AIMA Group S.p.A.
Growth Factors:
- Increasing awareness about the benefits of using smart baby formula milk maker among parents.
- Rising disposable income of parents, which enables them to invest in high-end smart baby formula milk makers.
- Growing demand for healthy and nutritious food products for infants and toddlers, which is driving the growth of the global smart baby formula milk maker market.
- Technological advancements in the manufacturing process of smart baby formula milk makers that are resulting in better quality products with enhanced features and functions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Baby Formula Milk Maker Market Research Report
By Type
Button Controlled, Wireless Concontrolled
By Application
0-1 Year Old Infants, ≥1 Year Old Children
By Companies
BABY BREZZA, Burabi, Tommee Tippee, Babymoov, Wyeth LLC (BabyNes), Summer Infant, Cuisinart Canada, Lil'Jumbl, The First Years, iNG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Smart Baby Formula Milk Maker Market Report Segments:
The global Smart Baby Formula Milk Maker market is segmented on the basis of:
Types
Button Controlled, Wireless Concontrolled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
0-1 Year Old Infants, ≥1 Year Old Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BABY BREZZA
- Burabi
- Tommee Tippee
- Babymoov
- Wyeth LLC (BabyNes)
- Summer Infant
- Cuisinart Canada
- Lil'Jumbl
- The First Years
- iNG
Highlights of The Smart Baby Formula Milk Maker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Button Controlled
- Wireless Concontrolled
- By Application:
- 0-1 Year Old Infants
- ≥1 Year Old Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Baby Formula Milk Maker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Smart Baby Formula Milk Maker is a kitchen appliance that helps parents make their own baby formula. It uses a sensor to determine the amount of milk needed, and then produces that amount of formula in just minutes. This makes it easy for busy parents to have fresh, homemade baby formula on hand whenever they need it.
Some of the key players operating in the smart baby formula milk maker market are BABY BREZZA, Burabi, Tommee Tippee, Babymoov, Wyeth LLC (BabyNes), Summer Infant, Cuisinart Canada, Lil'Jumbl, The First Years, iNG.
The smart baby formula milk maker market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Baby Formula Milk Maker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Baby Formula Milk Maker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Baby Formula Milk Maker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Baby Formula Milk Maker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Baby Formula Milk Maker Market Size & Forecast, 2020-2028
4.5.1 Smart Baby Formula Milk Maker Market Size and Y-o-Y Growth
4.5.2 Smart Baby Formula Milk Maker Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Button Controlled
5.2.2 Wireless Concontrolled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 0-1 Year Old Infants
6.2.2 ≥1 Year Old Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Baby Formula Milk Maker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Baby Formula Milk Maker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Button Controlled
9.6.2 Wireless Concontrolled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 0-1 Year Old Infants
9.10.2 ≥1 Year Old Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Button Controlled
10.6.2 Wireless Concontrolled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 0-1 Year Old Infants
10.10.2 ≥1 Year Old Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Button Controlled
11.6.2 Wireless Concontrolled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 0-1 Year Old Infants
11.10.2 ≥1 Year Old Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Button Controlled
12.6.2 Wireless Concontrolled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 0-1 Year Old Infants
12.10.2 ≥1 Year Old Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Button Controlled
13.6.2 Wireless Concontrolled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 0-1 Year Old Infants
13.10.2 ≥1 Year Old Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Baby Formula Milk Maker Market: Competitive Dashboard
14.2 Global Smart Baby Formula Milk Maker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BABY BREZZA
14.3.2 Burabi
14.3.3 Tommee Tippee
14.3.4 Babymoov
14.3.5 Wyeth LLC (BabyNes)
14.3.6 Summer Infant
14.3.7 Cuisinart Canada
14.3.8 Lil'Jumbl
14.3.9 The First Years
14.3.10 iNG
