Safeguarding Nutrition: Breast Milk Storage Products Market Landscape

The global breast milk storage products market size is expected to reach USD 834.06 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.28% from 2022 to 2030. The expansion of the market for breast milk storage products can be attributed to growing public knowledge of the advantages of breast milk. Various governments around the world urge moms to breastfeed their children until they are 6 months old. A number of industry participants, including Medela LLC, Laura & Co., and Ameda, and universities, such as Washington University and Fudan University, are educating women about breastfeeding and its advantages by organizing workshops and offering educational periodicals. This is, in turn, impelling the market growth.

Breast Milk Storage Products Market Report Highlights

·        By product, the bottles segment dominated the market in 2021 with a revenue share of over 55.0%. The bags segment is projected to witness considerable growth over the forecast period

·        By sales channel, hospital pharmacy dominated the market with a share of over 35.0% in 2021

·        The e-commerce segment is projected to expand at a lucrative CAGR of 9.22% during the forecast period owing to the availability of various options and less price on e-commerce platform

·        Asia Pacific dominated the market with a revenue share of over 40.0% in 2021 due to the availability of a large target population and the growing population in this region

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Globally expanding milk banks are predicted to significantly increase the demand for breast milk storage products including bottles and bags. For instance, Germany has roughly 18 breastmilk banks that can aid premature children by giving them donor milk. In order to assist clinical institutions in Germany, Austria, and Switzerland with the establishment and management of human milk banks on a national scale, the European Foundation for Care of Newborn Infants (EFCNI) has also launched an international project. This is expected to increase the milk donation, thereby impelling the need for breast milk storage products.

Furthermore, it is anticipated that increasing awareness and a number of government measures to normalize the use of breast milk will benefit the market growth. For instance, a congresswoman introduced a bipartisan bill in August 2022 to safeguard parents who are traveling with breast milk. The Transportation Security Administration (TSA) is now required to clarify and regulate updates on handling breast milk and infant formula. This law will make it possible for parents to transport breast milk as well as other infant formula while feeling safe and at ease. This could result in driving the demand for breast milk bottles and bags.

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List of Key Players of Breast Milk Storage Products Market

·        Medela

·        Magneto, Inc. (Ameda)

·        Ardo medical AG

·        Koninklijke Philips N.V.

·        Pigeon Corporation

·        Spectra Baby USA

·        LaVie Mom

·        Motif Medical

·        Mayborn Group Limited

·        Chicco

Segmented the global breast milk storage products market on the basis of product, sales channel, and region

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

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Table of Contents

Chapter 1 Methodology and Scope

          1.1 Market Segmentation and Scope

            1.1.1 Product

            1.1.2 Sales Channel

            1.1.3 Regional Scope

            1.1.4 Estimates And Forecast Timeline

          1.2 Research Methodology

          1.3 Information Procurement

            1.3.1 Purchased Database:

            1.3.2 Gvr’s Internal Database

            1.3.3 Secondary Sources

            1.3.4 Primary Research

            1.3.5 Details Of Primary Research

          1.4 Information Or Data Analysis

            1.4.1 Data Analysis Models

          1.5 Market Formulation & Validation

          1.6 Model Details

            1.6.1 Commodity Flow Analysis (Model 1)

              1.6.1.1 Approach 1: Commodity Flow Approach

            1.6.2 Volume Price Analysis (Model 2)

              1.6.2.1 Approach 2: Volume Price Analysis

          1.7 List of Secondary Sources

          1.8 List of Primary Sources

          1.9 List of Abbreviations

          1.10 Objectives

            1.10.1 Objective 1

            1.10.2 Objective 2

            1.10.3 Objective 3

            1.10.4 Objective 4

Chapter 2 Executive Summary

          2.1 Market Outlook

          2.2 Segment Outlook

          2.3 Competitive Insights

Chapter 3 Breast Milk Storage Products Market Variables, Trends & Scope

          3.1 Market Lineage Outlook

            3.1.1 Parent Market Outlook

            3.1.2 Ancillary Market Outlook

          3.2 Penetration & Growth Prospect Mapping

          3.3 User Perspective Analysis

            3.3.1 Consumer Behavior Analysis

            3.3.2 Market Influencer Analysis

          3.4 List Of Key Sales Channelrs

          3.5 Market Dynamics

            3.5.1 Market Driver Analysis

              3.5.1.1 Increasing Burden Of Pregnancy Problems

              3.5.1.2 Rising Birth Rate In Developing As Well As In Some Of The Developed Countries

              3.5.1.3 Rising Number Of Working Women

              3.5.1.4 Well-Developed Distribution Channels For Breast Milk Storage Products

              3.5.1.5 Rising Rates Of Breastfeeding

            3.5.2 Market Restraints Analysis

              3.5.2.1 Lack Of Awareness And Unavailability Of Breast Milk Storage Products In Low-Income Countries

              3.5.2.3 Stringent regulations for breast milk storage products

          3.6 Breast milk storage products market: Market Analysis Tools

            3.6.1 Industry Analysis - Porter’s

            3.6.2 Swot Analysis, By Pest

          3.7 Impact Of Covid-19 On Market

Chapter 4 Breast Milk Storage Products Market: Segment Analysis, By Product, 2018 - 2030 (USD Million)

          4.1 Definition And Scope

          4.2 Product Market Share Analysis, 2021 & 2030

          4.3 Segment Dashboard

          4.4 Global Breast Milk Storage Products Market, By Product, 2018 To 2030

          4.5 Market Size & Forecasts And Trend Analysis, 2018 To 2030

            4.5.1 Bottles

              4.5.1.1 Bottles market, 2018 - 2030 (USD Million)

            4.5.2 BAGS

              4.5.2.1 Bags market, 2018 - 2030 (USD Million)

Chapter 5 Breast Milk Storage Products Market: Segment Analysis, By Sales Channel, 2018 - 2030 (USD Million)

          5.1 Definition and Scope

          5.2 Sales Channel Market Share Analysis, 2021 & 2030

          5.3 Segment Dashboard

          5.4 Global Sales Channel Market, by Sales Channel, 2018 to 2030

          5.5 Market Size & Forecasts and Trend Analysis, 2018 to 2030

            5.5.1 Hospital Pharmacy (Inpatient)

              5.5.1.1 Hospital Pharmacy (Inpatient) Market, 2018 - 2030 (USD Million)

            5.5.2 Retail Store

              5.5.2.1 Retail Storemarket, 2018 - 2030 (USD Million)

            5.5.3 E-Commerce

              5.5.3.1 E-Commercemarket, 2018 - 2030 (USD Million)

            5.5.4 Wholesaler/Distributor

              5.5.4.1 Wholesaler/Distributormarket, 2018 - 2030 (USD Million)

            5.5.5 Direct Purchase

              5.5.5.1 Direct purchase market, 2018 - 2030 (USD Million)