The global economic development is fueling changes in the lifestyle of the masses.
The market is forecasted to scale a decent valuation in the years to come.
Parents are focusing on the all round development of their kid, which is propelling market expansion.
Innovations in the product lines are designed in a way to help the kids in developing skills such as speech recognition, analytical, etc.
People are getting increasingly aware of the adverse effects of the non-biodegradable materials used in the production of toys.
The key players participating in the baby toys market are studied in this MRFR report for a detailed share analysis.
Mar 13, 2019 (Heraldkeeper via COMTEX) -- Market Overview:
Fortification of food refers to the process of adding extra micronutrients such as various vitamins trace elements.
Baby food serves as an alternative to breast milk and other organic foods for an infant aged between four months to two years.
Fortified baby foods, which is most commonly found in cereal form, can help infants achieve the right amount of nutrition as well as cure any deficiencies during the infancy period.
These are the areas where the culture of consumerism has entered the middle class and the lack of hygienic options for baby food has created the demand for artificial products.
Health consciousness is a primary matter of concern among urban populations and this also extends to their children, thereby boosting the fortified baby food market.
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The US$ 1.6 billion lubricant antioxidants market is likely to witness 3% y-o-y in 2019, opines a new study by FactMR.
Gains are likely to be driven by growing applications of lubricant antioxidants in various industrial sectors, especially automotive and transportation.
The study remains bullish on growing demand for lubricant antioxidants in East Asia, with China leading the rally.
The FactMR study offers analysis on lubricant antioxidants market for the forecast period 2018-2028.
According to the study, the global market for lubricant antioxidants will witness healthy growth at a value CAGR of 3.6% throughout the assessment period.The FactMR study finds East Asian countries, including China, Japan, and South Korea, account for around one-fourth revenue share of the global market.
Demand for lubricant antioxidants from these three East Asian countries was valued at nearly US$ 435 million in 2018.
