The global standard milk formula market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of working mothers and their need for convenient and healthy food for their children. The demand for standard milk formula is also increasing due to its nutritional benefits, which are better than those offered by other substitutes such as soy-based formulas or cow’s milk formulas. The global standard milk formula market is segmented on the basis of type, application, and region. Based on type, it is classified into liquid standard milk formula, powder standard milk formula, and concentrate standard milk formula. Liquid standards are more popular in developing countries because they are easy to prepare with water while powder standards are more popular in developed countries because they require less preparation time than liquid standards do. Concentrate standards have a longer shelf life than other types but require refrigeration after opening; hence they are not very popular among consumers in developing countries where electricity supply may be unreliable or unavailable at all times due to power outages or load shedding periods. Based on application, it is classified into supermarkets and hypermarkets (including convenience stores), specialist retailers (including pharmacies), online retailers (including e-commerce websites). Supermarkets and hypermarkets account for the largest share of this market followed by specialist retailers such as pharmacies which offer a wide range of products including baby care products like baby wipes or diapers that can be purchased along with these products without having to go through any additional hassle like going back home again after shopping at these stores; hence these stores have become an important part of people’s daily routine when it comes to buying groceries for their families including babies who need special care when it comes to feeding them with nutritious food items that will help them grow up healthy without any health issues later in life such as obesity or diabetes etc, Online retailing has also emerged as an important channel over the past few years owing mainly due its convenience factor since one does not have go anywhere physically just log onto one’s computer screen from anywhere around the world anytime he/she wants something delivered right at his/her doorstep within hours!.
Some Of The Growth Factors Of This Market:
- The market for milk formula is growing due to the increase in the number of mothers who are breastfeeding their children. 2.The market for milk formula is also growing due to the increase in the number of mothers who are unable to breastfeed their children, such as those with medical conditions or those who have adopted a child. 3.The market for milk formula is also growing due to an increase in demand from countries outside of North America and Europe, such as China and India, where there has been a rapid growth in population and income levels over recent years 4.Milk formulas are becoming more popular because they can be used by infants with allergies or intolerances 5.Milk formulas are becoming more popular because they can be used by infants with lactose intolerance.
Industry Growth Insights published a new data on “Standard Milk Formula Market”. The research report is titled “Standard Milk Formula Market research by Types (Liquid Standard Milk Formula, Powder Standard Milk Formula, Concentrate Standard Milk Formula), By Applications (Supermarkets and Hypermarkets, Specialist Retailers, Online Retailers), By Players/Companies Nestle, Danone, Abbott Nutrition, Kraft Heinz, Mead Johnson Nutrition, Meiji Holdings, FrieslandCampina, DePaul Industries, Fonterra, Yili, Brightdairy”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Standard Milk Formula Market Research Report
By Type
Liquid Standard Milk Formula, Powder Standard Milk Formula, Concentrate Standard Milk Formula
By Application
Supermarkets and Hypermarkets, Specialist Retailers, Online Retailers
By Companies
Nestle, Danone, Abbott Nutrition, Kraft Heinz, Mead Johnson Nutrition, Meiji Holdings, FrieslandCampina, DePaul Industries, Fonterra, Yili, Brightdairy
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Standard Milk Formula Market Report Segments:
The global Standard Milk Formula market is segmented on the basis of:
Types
Liquid Standard Milk Formula, Powder Standard Milk Formula, Concentrate Standard Milk Formula
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
Supermarkets and Hypermarkets, Specialist Retailers, Online Retailers
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:
- Nestle
- Danone
- Abbott Nutrition
- Kraft Heinz
- Mead Johnson Nutrition
- Meiji Holdings
- FrieslandCampina
- DePaul Industries
- Fonterra
- Yili
- Brightdairy
Highlights of The Standard Milk Formula 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:
- Liquid Standard Milk Formula
- Powder Standard Milk Formula
- Concentrate Standard Milk Formula
- By Application:
- Supermarkets and Hypermarkets
- Specialist Retailers
- Online Retailers
- 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 Standard Milk Formula 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- 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?
Standard milk formula is a type of baby food that is designed to provide all the nutrients that a baby needs. It typically contains milk, whey, and other ingredients.
Some of the key players operating in the standard milk formula market are Nestle, Danone, Abbott Nutrition, Kraft Heinz, Mead Johnson Nutrition, Meiji Holdings, FrieslandCampina, DePaul Industries, Fonterra, Yili, Brightdairy.
The standard milk formula market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Standard Milk Formula 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. Standard Milk Formula Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Standard Milk Formula Market - Supply Chain
4.5. Global Standard Milk Formula Market Forecast
4.5.1. Standard Milk Formula Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Standard Milk Formula Market Size (000 Units) and Y-o-Y Growth
4.5.3. Standard Milk Formula Market Absolute $ Opportunity
5. Global Standard Milk Formula 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. Standard Milk Formula Market Size and Volume Forecast by Type
5.3.1. Liquid Standard Milk Formula
5.3.2. Powder Standard Milk Formula
5.3.3. Concentrate Standard Milk Formula
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Standard Milk Formula 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. Standard Milk Formula Market Size and Volume Forecast by Application
6.3.1. Supermarkets and Hypermarkets
6.3.2. Specialist Retailers
6.3.3. Online Retailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Standard Milk Formula 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. Standard Milk Formula 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 Standard Milk Formula 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. Standard Milk Formula 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 Standard Milk Formula Demand Share Forecast, 2019-2026
9. North America Standard Milk Formula 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 Standard Milk Formula 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 Standard Milk Formula Market Size and Volume Forecast by Application
9.4.1. Supermarkets and Hypermarkets
9.4.2. Specialist Retailers
9.4.3. Online Retailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Standard Milk Formula Market Size and Volume Forecast by Type
9.7.1. Liquid Standard Milk Formula
9.7.2. Powder Standard Milk Formula
9.7.3. Concentrate Standard Milk Formula
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 Standard Milk Formula Demand Share Forecast, 2019-2026
10. Latin America Standard Milk Formula 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 Standard Milk Formula 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 Standard Milk Formula Market Size and Volume Forecast by Application
10.4.1. Supermarkets and Hypermarkets
10.4.2. Specialist Retailers
10.4.3. Online Retailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Standard Milk Formula Market Size and Volume Forecast by Type
10.7.1. Liquid Standard Milk Formula
10.7.2. Powder Standard Milk Formula
10.7.3. Concentrate Standard Milk Formula
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 Standard Milk Formula Demand Share Forecast, 2019-2026
11. Europe Standard Milk Formula 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 Standard Milk Formula 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 Standard Milk Formula Market Size and Volume Forecast by Application
11.4.1. Supermarkets and Hypermarkets
11.4.2. Specialist Retailers
11.4.3. Online Retailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Standard Milk Formula Market Size and Volume Forecast by Type
11.7.1. Liquid Standard Milk Formula
11.7.2. Powder Standard Milk Formula
11.7.3. Concentrate Standard Mil Formula
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-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 Standard Milk Formula Demand Share, 2019-2026
12. Asia Pacific Standard Milk Formula 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 Standard Milk Formula 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 Standard Milk Formula Market Size and Volume Forecast by Application
12.4.1. Supermarkets and Hypermarkets
12.4.2. Specialist Retailers
12.4.3. Online Retailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Standard Milk Formula Market Size and Volume Forecast by Type
12.7.1. Liquid Standard Milk Formula
12.7.2. Powder Standard Milk Formula
12.7.3. Concentrate Standard Milk Formula
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 Standard Milk Formula Demand Share, 2019-2026
13. Middle East & Africa Standard Milk Formula 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 Standard Milk Formula 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 Standard Milk Formula Market Size and Volume Forecast by Application
13.4.1. Supermarkets and Hypermarkets
13.4.2. Specialist Retailers
13.4.3. Online Retailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Standard Milk Formula Market Size and Volume Forecast by Type
13.7.1. Liquid Standard Milk Formula
13.7.2. Powder Standard Milk Formula
13.7.3. Concentrate Standard Milk Formula
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 Standard Milk Formula Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Standard Milk Formula Market: Market Share Analysis
14.2. Standard Milk Formula Distributors and Customers
14.3. Standard Milk Formula Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nestle
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Danone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Abbott Nutrition
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kraft Heinz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mead Johnson Nutrition
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Meiji Holdings
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FrieslandCampina
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DePaul Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fonterra
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yili
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Brightdairy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook