Rising number of working women and increasing awareness are driving demand for infant foods Indian private dairy firms are increasingly looking at expanding capacities to produce infant food to serve clients in business-to-business segment, as the market for infant food is witnessing a healthy growth.
The primary factor that is helping buoyant demand for infant food primarily includes the rising number of working women across the country, apart from increasing awareness across the society to en sure that children get nutritious food.
Some private dairies like Schreiber Dynamix and Prabhat Dairy have already set up dedicated production facilities to make infant food, while other dairies are looking at adding production capacities in modular formats.
Anand Ranjan, analyst with IMARC, said that India currently has about 125-150 million children within the age of four, making it the largest market in Asia for milk-based infant food producers and allied industries.
Schreiber Dynamix recently inaugurated its `250 crore speciality ingredients plant for infant nutrition products. The company, which closed a deal with Abott India for infant food, is currently in talks with other firms like Nestle.
Managing director of Schreiber Dynamix Amitabha Ray said: “The market for infant nutrition powder has started maturing now with an increasing population of working women.“
