The global Infant Formula market was valued at US$ 47700 million in 2022 and is projected to reach US$ 68550 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for Infant Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Infant Formula. This report contains market size and forecasts of Infant Formula in global, including the following market information:
- Global Infant Formula Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Infant Formula Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Infant Formula companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Starting Milk Formula Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Infant Formula include Nestle, Danone, Abbott, Mead Johnson, The Kraft Heinz, Meiji Holdings, Beingmate Baby & Child Food, Synutra and Pfizer, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Infant Formula manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Infant Formula Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Infant Formula Market Segment Percentages, by Type, 2022 (%)
- Starting Milk Formula
- Follow-on Milk Formula
- Toddlers Milk Formula
- Special Milk Formula
Global Infant Formula Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Infant Formula Market Segment Percentages, by Application, 2022 (%)
- 0-3 Months
- 3-6 Months
- 6-9 Months
- 9-12 Months
Global Infant Formula Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Infant Formula Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Infant Formula revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Infant Formula revenues share in global market, 2022 (%)
- Key companies Infant Formula sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Infant Formula sales share in global market, 2022 (%)
key players include:
- Nestle
- Danone
- Abbott
- Mead Johnson
- The Kraft Heinz
- Meiji Holdings
- Beingmate Baby & Child Food
- Synutra
- Pfizer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Infant Formula, market overview.
Chapter 2: Global Infant Formula market size in revenue and volume.
Chapter 3: Detailed analysis of Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Infant Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Infant Formula capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
