The global infant formula foods market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 12.2 billion by 2030. The growth of this market is driven by factors such as increasing awareness about the benefits of breastfeeding and the need for safe and nutritious food for infants, growing population, and rising disposable income in developing countries. Infant Formula Powder segment accounted for the largest share in 2018 due to its high demand from emerging economies such as China and India. Infant Complementary Foods segment is expected to grow at a higher CAGR during the forecast period due to its high demand from developed economies such as North America and Europe.
Some Of The Growth Factors Of This Market:
- The increasing number of working mothers and the rising demand for convenience foods are some of the factors driving the growth of this market.
- The increasing awareness about health and wellness among consumers is also driving the growth of this market.
- Increasing disposable income levels in emerging economies such as China, India, Brazil, Russia, and South Africa are also driving the growth of this market.
- Increasing awareness about infant formula food safety standards.
Industry Growth Insights published a new data on “Infant Formula Foods Market”. The research report is titled “Infant Formula Foods Market research by Types (Infant Formula Powder, Infant Complementary Foods), By Applications (0-6 Months, 6-12 Months, 12-36 Months), By Players/Companies Danone, Abbott, Nestle, Mead Johnson Nutrition, FrieslandCampina, Heinz, Yili, Biostime, Hipp Holding AG, Perrigo, Beingmate, Synutra, Fonterra, Wonderson, Meiji, Bellamy, Feihe, Yashili, Brightdairy, Arla, DGC, Wissun, Shijiazhuang Junlebao Dairy Co., Ltd., Westland Milk Products, Pinnacle, Holle baby food GmbH”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Infant Formula Foods Market Research Report
By Type
Infant Formula Powder, Infant Complementary Foods
By Application
0-6 Months, 6-12 Months, 12-36 Months
By Companies
Danone, Abbott, Nestle, Mead Johnson Nutrition, FrieslandCampina, Heinz, Yili, Biostime, Hipp Holding AG, Perrigo, Beingmate, Synutra, Fonterra, Wonderson, Meiji, Bellamy, Feihe, Yashili, Brightdairy, Arla, DGC, Wissun, Shijiazhuang Junlebao Dairy Co., Ltd., Westland Milk Products, Pinnacle, Holle baby food GmbH
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Infant Formula Foods Market Report Segments:
The global Infant Formula Foods market is segmented on the basis of:
Types
Infant Formula Powder, Infant Complementary Foods
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
0-6 Months, 6-12 Months, 12-36 Months
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:
- Danone
- Abbott
- Nestle
- Mead Johnson Nutrition
- FrieslandCampina
- Heinz
- Yili
- Biostime
- Hipp Holding AG
- Perrigo
- Beingmate
- Synutra
- Fonterra
- Wonderson
- Meiji
- Bellamy
- Feihe
- Yashili
- Brightdairy
- Arla
- DGC
- Wissun
- Shijiazhuang Junlebao Dairy Co., Ltd.
- Westland Milk Products
- Pinnacle
- Holle baby food GmbH
Highlights of The Infant Formula Foods 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:
- Infant Formula Powder
- Infant Complementary Foods
- By Application:
- 0-6 Months
- 6-12 Months
- 12-36 Months
- 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 Infant Formula Foods 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Infant Formula Foods is a line of infant formula products that are marketed to parents as being high in quality and nutritious. The formulas are made with cow's milk, soybean oil, and other ingredients.
Some of the major players in the infant formula foods market are Danone, Abbott, Nestle, Mead Johnson Nutrition, FrieslandCampina, Heinz, Yili, Biostime, Hipp Holding AG, Perrigo, Beingmate, Synutra, Fonterra, Wonderson, Meiji, Bellamy, Feihe, Yashili, Brightdairy, Arla, DGC, Wissun, Shijiazhuang Junlebao Dairy Co., Ltd., Westland Milk Products, Pinnacle, Holle baby food GmbH.
The infant formula foods market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infant Formula Foods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Infant Formula Foods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Infant Formula Foods Market - Supply Chain
4.5. Global Infant Formula Foods Market Forecast
4.5.1. Infant Formula Foods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Infant Formula Foods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Infant Formula Foods Market Absolute $ Opportunity
5. Global Infant Formula Foods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Infant Formula Foods Market Size and Volume Forecast by Type
5.3.1. Infant Formula Powder
5.3.2. Infant Complementary Foods
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Infant Formula Foods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Infant Formula Foods Market Size and Volume Forecast by Application
6.3.1. 0-6 Months
6.3.2. 6-12 Months
6.3.3. 12-36 Months
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Infant Formula Foods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Infant Formula Foods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Infant Formula Foods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Infant Formula Foods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Infant Formula Foods Demand Share Forecast, 2019-2026
9. North America Infant Formula Foods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Infant Formula Foods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Infant Formula Foods Market Size and Volume Forecast by Application
9.4.1. 0-6 Months
9.4.2. 6-12 Months
9.4.3. 12-36 Months
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Infant Formula Foods Market Size and Volume Forecast by Type
9.7.1. Infant Formula Powder
9.7.2. Infant Complementary Foods
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Infant Formula Foods Demand Share Forecast, 2019-2026
10. Latin America Infant Formula Foods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Infant Formula Foods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Infant Formula Foods Market Size and Volume Forecast by Application
10.4.1. 0-6 Months
10.4.2. 6-12 Months
10.4.3. 12-36 Months
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Infant Formula Foods Market Size and Volume Forecast by Type
10.7.1. Infant Formula Powder
10.7.2. Infant Complementary Foods
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Infant Formula Foods Demand Share Forecast, 2019-2026
11. Europe Infant Formula Foods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Infant Formula Foods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Infant Formula Foods Market Size and Volume Forecast by Application
11.4.1. 0-6 Months
11.4.2. 6-12 Months
11.4.3. 12-36 Months
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Infant Formula Foods Market Size and Volume Forecast by Type
11.7.1. Infant Formula Powder
11.7.2. Infant Complementary Foods
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Infant Formula Foods Demand Share, 2019-2026
12. Asia Pacific Infant Formula Foods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Infant Formula Foods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Infant Formula Foods Market Size and Volume Forecast by Application
12.4.1. 0-6 Months
12.4.2. 6-12 Months
12.4.3. 12-36 Months
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Infant Formula Foods Market Size and Volume Forecast by Type
12.7.1. Infant Formula Powder
12.7.2. Infant Complementary Foods
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Infant Formula Foods Demand Share, 2019-2026
13. Middle East & Africa Infant Formula Foods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Infant Formula Foods Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Infant Formula Foods Market Size and Volume Forecast by Application
13.4.1. 0-6 Months
13.4.2. 6-12 Months
13.4.3. 12-36 Months
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Infant Formula Foods Market Size and Volume Forecast by Type
13.7.1. Infant Formula Powder
13.7.2. Infant Complementary Foods
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Infant Formula Foods Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Infant Formula Foods Market: Market Share Analysis
14.2. Infant Formula Foods Distributors and Customers
14.3. Infant Formula Foods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Abbott
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mead Johnson Nutrition
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FrieslandCampina
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Heinz
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yili
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Biostime
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hipp Holding AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Perrigo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Beingmate
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Synutra
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fonterra
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wonderson
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Meiji
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bellamy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Feihe
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yashili
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Brightdairy
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Arla
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook