This report describes the global market size of Baby Infant Formula Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.5% from 2023 to 2030.
Foods formulated for newborns and infants younger than 12 months old are known as infant formulae. These are typically prepared in a powdered form for bottle-feeding and are typically regarded as a substitute for breast milk. They are mixed with water or another liquid.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Baby Infant Formula Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.5% during the forecast period 2023-2030. North American market for Baby Infant Formula Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Baby Infant Formula Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Type
Infant milk
Follow on milk
Specialty baby milk
Growing-up milk
The market is divided into four types according to type: growing-up milk, speciality baby milk, and newborn milk. During the forecast period, the infant milk segment, which in 2021 held a sizable market share for baby infant formula, is anticipated to expand at a significant CAGR. Infant milk is created specifically to suit the changing nutritional requirements of breastfed or partly breastfed infants under the age of six months. Only breast milk may be a viable substitute for infant milk due to the lack of suitable alternatives, and the rising newborn population in India, China, Indonesia, the Philippines, Brazil, and other emerging nations is anticipated to drive dem
By Infredient
Carbohydrate
Fat
Protein
Minerals
Vitamins
Others
Carbohydrate, fat, protein, minerals, and vitamins are the different categories of ingredients on the market. The baby infant formula market was dominated by the carbohydrate category in 2021, and it is projected to expand at a substantial CAGR during the forecast period. Since they make up almost 40% of a growing infant's daily energy intake, carbohydrates are a vital source of energy for them. Lactose is the primary source of carbohydrates in the majority of formulae made from cow's milk. Lactose may aid with calcium absorption and boost the gut bacteria. As a result, these advantages of carbohydrates fuel the expansion of the worldwide market as a whole.
By Distribution Channel
Online
Offline
Hypermarkets and Supermarkets
Pharmacy/Medical Store
Specialty Stores
Hard Discounter Store
The market is divided into two segments based on distribution channel: online and offline. In 2021, the offline segment had a sizable market share for baby infant formula and is predicted to expand at a sizable CAGR in the coming years. Manufacturers continually strive to increase the exposure of their products on store shelves; as a result, they concentrate mostly on offline sales. As a result, there is a wider variety of food products available offline, including infant food. Additionally, the offline market is essential for consumers living there because the majority of products are purchased in offline stores and brand preference is simpler to acquire in rural areas of developing countries. These factors are therefore encouraging market development.
Additionally, the offline retail market is divided into supermarkets and hypermarkets, pharmacies and medical shops, specialty shops, and hard discounters. The market for baby infant formula was dominated by the hypermarkets and supermarkets sector in 2021, and it is anticipated that this segment would expand at a sizable CAGR over the course of the forecast period. Hypermarket development is fueled by sound economic growth, rising disposable income, changing demographics, and consumer interests and preferences in diverse growing nations.
By Region
North America
APAC
Europe
South America
Middle East & Africa
The baby formula market is examined by region, including North America, Europe, Asia-Pacific, and LAMEA. During the forecast period, the Asia-Pacific baby infant formula market is anticipated to grow at a significant CAGR, accounting for a significant portion of the market in 2021. The rising economies of China, India, South Korea, and other Asia-Pacific nations have raised the level of life in those nations. Spending on newborn feeding has increased as a result of the rise in disposable income. The rapid rise in female labour force participation in India, along with the country's high infant mortality rate, is expected to open up prospects for the producers of baby formula and accelerate the expansion of the industry.
The top market players put a lot of effort into crucial market tactics including product launches, mergers, acquisitions, collaborations, and partnerships. To retain their reputation in the fiercely competitive business, they have also been concentrating on expanding their market reach.
By Company
Abbott Laboratories
The Kraft Heinz Company
Royal FrieslandCampina N.V.
Nestle S.A.
Campbell Soup Company
Danone Inc.
The Hain Celestial Group, Inc.
Arla Foods amba
Reckitt Benckiser Group PLC
Dana Dairy Group
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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TABLE OF CONTENTS
1 REPORT OVERVIEW
1.1 MARKET INTRODUCTION
1.2 KEY MARKET SEGMENTS
1.3 PLAYERS COVERED
1.4 MARKET ANALYSIS BY Type
1.4.1 Global Baby Infant Formula Market Size Growth Rate by Type (2018-2030)
1.5 MARKET BY Distribution Channel
1.5.1 Global Baby Infant Formula Market Share by Distribution Channel (2018-2030)
1.6 STUDY OBJECTIVES
1.7 YEARS CONSIDERED
2 GLOBAL GROWTH TRENDS
2.1 GLOBAL Baby Infant Formula MARKET SIZE
2.2 REGULATORY FRAMEWORK
2.3 IMPACT OF COVID-19
2.4 RUSSIA-UKRAINE CRISIS IMPLICATIONS
2.5 INDUSTRY TRENDS
2.5.1 Market Top Trends
2.5.2 Market Drivers
2.5.3 Market Restraints
2.5.4 Market Opportunities
2.5.5 Porter’s Five Forces Analysis
2.5.6 PESTLE Analysis
2.5.7 SWOT Analysis
2.5.8 Opportunity Orbit
2.5.9 Type Roadmap
2.5.10 Go to Market Strategy
3 ANALYSIS OF DATA BY Type AND Distribution Channel
3.1 GLOBAL Baby Infant Formula MARKET SIZE BY Type (2018-2030)
3.2 GLOBAL Baby Infant Formula MARKET SIZE BY Distribution Channel (2018-2030)
4 NORTH AMERICA
4.1 NORTH AMERICA Baby Infant Formula MARKET (2018-2030)
4.2 NORTH AMERICA Baby Infant Formula MARKET SIZE BY Type
4.3 NORTH AMERICA Baby Infant Formula MARKET SIZE BY Distribution Channel
4.4 NORTH AMERICA Baby Infant Formula MARKET SIZE BY COUNTRY
5 EUROPE
5.1 EUROPE Baby Infant Formula MARKET (2018-2030)
5.2 EUROPE Baby Infant Formula MARKET SIZE BY Type
5.3 EUROPE Baby Infant Formula MARKET SIZE BY Distribution Channel
5.4 EUROPE Baby Infant Formula MARKET SIZE BY COUNTRY
6 ASIA PACIFIC
6.1 ASIA PACIFIC Baby Infant Formula MARKET (2018-2030)
6.2 ASIA PACIFIC Baby Infant Formula MARKET SIZE BY Type
6.3 ASIA PACIFIC Baby Infant Formula MARKET SIZE BY Distribution Channel
6.4 ASIA PACIFIC Baby Infant Formula MARKET SIZE BY COUNTRY
7 SOUTH AMERICA
7.1 SOUTH AMERICA Baby Infant Formula MARKET (2018-2030)
7.2 SOUTH AMERICA Baby Infant Formula MARKET SIZE BY Type
7.3 SOUTH AMERICA Baby Infant Formula MARKET SIZE BY Distribution Channel
7.4 SOUTH AMERICA Baby Infant Formula MARKET SIZE BY COUNTRY
8 MIDDLE-EAST & AFRICA
8.1 MIDDLE-EAST & AFRICA Baby Infant Formula MARKET (2018-2030)
8.2 MIDDLE-EAST & AFRICA Baby Infant Formula MARKET SIZE BY Type
8.3 MIDDLE-EAST & AFRICA Baby Infant Formula MARKET SIZE BY Distribution Channel
8.4 MIDDLE-EAST AFRICA Baby Infant Formula MARKET SIZE BY COUNTRY
9 KEY PLAYERS PROFILES
9.1 Abbott Laboratories
9.1.1 Company Details
9.1.2 Business Overview
9.1.3 Products & Services
9.1.4 Financial Overview (2018-2030)
9.1.5 Recent Development
9.2 The Kraft Heinz Company
9.2.1 Company Details
9.2.2 Business Overview
9.2.3 Products & Services
9.2.4 Financial Overview (2018-2030)
9.2.5 Recent Development
9.3 Royal FrieslandCampina N.V.
9.3.1 Company Details
9.3.2 Business Overview
9.3.3 Products & Services
9.3.4 Financial Overview (2018-2030)
9.3.5 Recent Development
9.4 Nestle S.A.
9.5 Campbell Soup Company
9.6 Danone Inc.
9.7 The Hain Celestial Group, Inc.
9.8 Arla Foods amba
9.9 Reckitt Benckiser Group PLC
9.10 Dana Dairy Group
10 MARKET SHARE BY KEY PLAYERS
10.1 Baby Infant Formula MARKET SIZE BY PLAYERS
10.1.1 Global Baby Infant Formula Revenue by Players (2021)
10.1.2 Global Baby Infant Formula Revenue Market Share by Players (2021)
10.2 MOST ADOPTED STRATEGIES
10.3 MOST ACTIVE COMPANIES
10.4 MARKET COMPETITION ANALYSIS
11 APPENDIX
11.1 RESEARCH METHODOLOGY
11.2 PRIMARY RESEARCH
11.3 SECONDARY RESEARCH
11.4 DISCLAIMER
LIST OF TABLES
Table 1. Baby Infant Formula Key Players Covered in 2021
Table 2. Global Baby Infant Formula Market Size Growth Rate by Type (2018-2030) (Million US$)
Table 3. Global Baby Infant Formula Market Size Growth by Distribution Channel (2018-2030) (Million US$)
Table 4. Key Trends
Table 5. Key Drivers: Impact Analysis (2018-2030)
Table 6. Key Restraints
Table 7. Global Baby Infant Formula Market Size by Type (2018-2030) (Million US$)
Table 8. Global Baby Infant Formula Market Size Share by Type (2018-2030)
Table 9. Global Baby Infant Formula Market Size Share by Distribution Channel (2018-2030)
Table 10. North America Baby Infant Formula Market Size Share by Type (2018-2030)
Table 11. North America Baby Infant Formula Market Size by Distribution Channel (2018-2030) (Million US$)
Table 12. North America Baby Infant Formula Market Size Share by Distribution Channel (2018-2030)
Table 13. North America Baby Infant Formula Market Size by country (2018-2030) (Million US$)
Table 14. North America Baby Infant Formula Market Share by country (2018-2030)
Table 15. By Country
Table 16. Europe Baby Infant Formula Market Size by Type (2018-2030) (Million US$)
Table 17. Europe Baby Infant Formula Market Share by Type (2018-2030)
Table 18. Europe Baby Infant Formula Market Size by Distribution Channel (2018-2030) (Million US$)
Table 19. Europe Baby Infant Formula Market Share by Distribution Channel (2018-2030)
Table 20. Europe Baby Infant Formula Market Size by country (2018-2030) (Million US$)
Table 21. Europe Baby Infant Formula Market share by country (2018-2030)
Table 22. Asia Pacific Baby Infant Formula Market Size by Type (2018-2030) (Million US$)
Table 23. Asia Pacific Baby Infant Formula Market Share by Type (2018-2030)
Table 24. Asia Pacific Baby Infant Formula Market Size by Distribution Channel (2018-2030) (Million US$)
Table 25. Asia Pacific Baby Infant Formula Market Share by Distribution Channel (2018-2030)
Table 26. APAC Baby Infant Formula Market Size by country (2018-2030) (Million US$)
Table 27. APAC Baby Infant Formula Market share by country (2018-2030)
Table 28. South America Baby Infant Formula Market Size by Type (2018-2030) (Million US$)
Table 29. South America Baby Infant Formula Market Share by Type (2018-2030)
Table 30. South America Baby Infant Formula Market Size by Distribution Channel (2018-2030) (Million US$)
Table 31. South America Baby Infant Formula Market Share by Distribution Channel (2018-2030)
Table 32. South America Baby Infant Formula Market Size by country (2018-2030) (Million US$)
Table 33. South America Baby Infant Formula Market share by country (2018-2030)
Table 34. The Middle-East & Africa Baby Infant Formula Market Size by Type (2018-2030) (Million US$)
Table 35. The Middle-East & Africa Baby Infant Formula Market Share by Type (2018-2030)
Table 36. The Middle-East & Africa Baby Infant Formula Market Size by Distribution Channel (2018-2030) (Million US$)
Table 37. The Middle-East & Africa Baby Infant Formula Market Share by Distribution Channel (2018-2030)
Table 38. The MEA Baby Infant Formula Market Size by country (2018-2030) (Million US$)
Table 39. The MEA Baby Infant Formula Market share by country (2018-2030)
Table 40. Abbott Laboratories Details
Table 41. Business Overview
Table 42. Products & services
Table 43. Financial Overview (2018-2030) (Million US$)
Table 44. Recent Development
Table 45. The Kraft Heinz Company Details
Table 46. Business Overview
Table 47. Products & services
Table 48. Financial Overview (2018-2030) (Million US$)
Table 49. Recent Development
Table 50. Royal FrieslandCampina N.V. Company Details
Table 51. Business Overview
Table 52. Products & services
Table 53. Financial Overview (2018-2030) (Million US$)
Table 54. Recent Development
Table 55. Global Baby Infant Formula Revenue by Players (2021) (Million US$)
Table 56. Global Baby Infant Formula Market Share by Players (2021)
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LIST OF FIGURES
Figure 1. Global Baby Infant Formula Market Share by Type in 2021 & 2028
Figure 2. Global Baby Infant Formula Market Share by Distribution Channel in 2021 & 2028
Figure 3. Baby Infant Formula Report Years Considered
Figure 4. Global Baby Infant Formula Market Size and Growth Rate 2018-2030 (Million US$)
Figure 5. Porter's Five Forces Analysis
Figure 6. Global Baby Infant Formula Market Size by Type Growth Rate 2018-2030 (Million US$)
Figure 7. Global Baby Infant Formula Market Size by Distribution Channel Growth Rate 2018-2030 (Million US$)
Figure 8. North America Baby Infant Formula Market Size 2018-2030 (Million US$)
Figure 9. Europe Baby Infant Formula Market Size 2018-2030 (Million US$)
Figure 10. Asia Pacific Baby Infant Formula Market Size 2018-2030 (Million US$)
Figure 11. South America Baby Infant Formula Market Size 2018-2030 (Million US$)
Figure 12. The Middle-East & Africa Baby Infant Formula Market Size 2018-2030 (Million US$)
Figure 1. Abbott Laboratories Revenue in (2019-2021)
Figure 2. Revenue Growth Rate (2018-2030)
Figure 3. Revenue Growth Rate in (2018-2030)
Figure 4. Global Baby Infant Formula Market Share by Players in 2021
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