

Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
The global Baby Formula market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
Report Covers:
This report presents an overview of global market for Baby Formula, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Baby Formula, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Baby Formula, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Baby Formula sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Baby Formula market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Baby Formula sales, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Segment by Type
Cow Milk Infant Formula
Goat Milk Infant Formula
Segment by Application
Maternal Stores
Supermarkets/Hypermarkets
Segment by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Baby Formula in global, 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, and capacity of each country in the world.
Chapter 3: Detailed analysis of Baby Formula manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: China by Type, and by Application, sales, and revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Baby Formula sales, revenue, price, gross margin, and recent development, etc.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 13: 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 14: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Study Coverage
1.1 Baby Formula Product Introduction
1.2 Market by Type
1.2.1 Global Baby Formula Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Cow Milk Infant Formula
1.2.3 Goat Milk Infant Formula
1.3 Market by Application
1.3.1 Global Baby Formula Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Maternal Stores
1.3.3 Supermarkets/Hypermarkets
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Baby Formula Sales Estimates and Forecasts 2019-2030
2.2 Global Baby Formula Revenue by Region
2.2.1 Global Baby Formula Revenue by Region: 2019 VS 2023 VS 2030
2.2.2 Global Baby Formula Revenue by Region (2019-2024)
2.2.3 Global Baby Formula Revenue by Region (2025-2030)
2.2.4 Global Baby Formula Revenue Market Share by Region (2019-2030)
2.3 Global Baby Formula Sales Estimates and Forecasts 2019-2030
2.4 Global Baby Formula Sales by Region
2.4.1 Global Baby Formula Sales by Region: 2019 VS 2023 VS 2030
2.4.2 Global Baby Formula Sales by Region (2019-2024)
2.4.3 Global Baby Formula Sales by Region (2025-2030)
2.4.4 Global Baby Formula Sales Market Share by Region (2019-2030)
2.5 US & Canada
2.6 Europe
2.7 China
2.8 Asia (excluding China)
2.9 Middle East, Africa and Latin America
3 Competition by Manufactures
3.1 Global Baby Formula Sales by Manufacturers
3.1.1 Global Baby Formula Sales by Manufacturers (2019-2024)
3.1.2 Global Baby Formula Sales Market Share by Manufacturers (2019-2024)
3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Baby Formula in 2023
3.2 Global Baby Formula Revenue by Manufacturers
3.2.1 Global Baby Formula Revenue by Manufacturers (2019-2024)
3.2.2 Global Baby Formula Revenue Market Share by Manufacturers (2019-2024)
3.2.3 Global Top 10 and Top 5 Companies by Baby Formula Revenue in 2023
3.3 Global Key Players of Baby Formula, Industry Ranking, 2022 VS 2023 VS 2024
3.4 Global Baby Formula Sales Price by Manufacturers
3.5 Analysis of Competitive Landscape
3.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
3.5.2 Global Baby Formula Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Key Manufacturers of Baby Formula, Manufacturing Base Distribution and Headquarters
3.7 Global Key Manufacturers of Baby Formula, Product Offered and Application
3.8 Global Key Manufacturers of Baby Formula, Date of Enter into This Industry
3.9 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Global Baby Formula Sales by Type
4.1.1 Global Baby Formula Historical Sales by Type (2019-2024)
4.1.2 Global Baby Formula Forecasted Sales by Type (2025-2030)
4.1.3 Global Baby Formula Sales Market Share by Type (2019-2030)
4.2 Global Baby Formula Revenue by Type
4.2.1 Global Baby Formula Historical Revenue by Type (2019-2024)
4.2.2 Global Baby Formula Forecasted Revenue by Type (2025-2030)
4.2.3 Global Baby Formula Revenue Market Share by Type (2019-2030)
4.3 Global Baby Formula Price by Type
4.3.1 Global Baby Formula Price by Type (2019-2024)
4.3.2 Global Baby Formula Price Forecast by Type (2025-2030)
5 Market Size by Application
5.1 Global Baby Formula Sales by Application
5.1.1 Global Baby Formula Historical Sales by Application (2019-2024)
5.1.2 Global Baby Formula Forecasted Sales by Application (2025-2030)
5.1.3 Global Baby Formula Sales Market Share by Application (2019-2030)
5.2 Global Baby Formula Revenue by Application
5.2.1 Global Baby Formula Historical Revenue by Application (2019-2024)
5.2.2 Global Baby Formula Forecasted Revenue by Application (2025-2030)
5.2.3 Global Baby Formula Revenue Market Share by Application (2019-2030)
5.3 Global Baby Formula Price by Application
5.3.1 Global Baby Formula Price by Application (2019-2024)
5.3.2 Global Baby Formula Price Forecast by Application (2025-2030)
6 US & Canada
6.1 US & Canada Baby Formula Market Size by Type
6.1.1 US & Canada Baby Formula Sales by Type (2019-2030)
6.1.2 US & Canada Baby Formula Revenue by Type (2019-2030)
6.2 US & Canada Baby Formula Market Size by Application
6.2.1 US & Canada Baby Formula Sales by Application (2019-2030)
6.2.2 US & Canada Baby Formula Revenue by Application (2019-2030)
6.3 US & Canada Baby Formula Market Size by Country
6.3.1 US & Canada Baby Formula Revenue by Country: 2019 VS 2023 VS 2030
6.3.2 US & Canada Baby Formula Sales by Country (2019-2030)
6.3.3 US & Canada Baby Formula Revenue by Country (2019-2030)
6.3.4 US
6.3.5 Canada
7 Europe
7.1 Europe Baby Formula Market Size by Type
7.1.1 Europe Baby Formula Sales by Type (2019-2030)
7.1.2 Europe Baby Formula Revenue by Type (2019-2030)
7.2 Europe Baby Formula Market Size by Application
7.2.1 Europe Baby Formula Sales by Application (2019-2030)
7.2.2 Europe Baby Formula Revenue by Application (2019-2030)
7.3 Europe Baby Formula Market Size by Country
7.3.1 Europe Baby Formula Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 Europe Baby Formula Sales by Country (2019-2030)
7.3.3 Europe Baby Formula Revenue by Country (2019-2030)
7.3.4 Germany
7.3.5 France
7.3.6 U.K.
7.3.7 Italy
7.3.8 Russia
8 China
8.1 China Baby Formula Market Size
8.1.1 China Baby Formula Sales (2019-2030)
8.1.2 China Baby Formula Revenue (2019-2030)
8.2 China Baby Formula Market Size by Application
8.2.1 China Baby Formula Sales by Application (2019-2030)
8.2.2 China Baby Formula Revenue by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Baby Formula Market Size by Type
9.1.1 Asia Baby Formula Sales by Type (2019-2030)
9.1.2 Asia Baby Formula Revenue by Type (2019-2030)
9.2 Asia Baby Formula Market Size by Application
9.2.1 Asia Baby Formula Sales by Application (2019-2030)
9.2.2 Asia Baby Formula Revenue by Application (2019-2030)
9.3 Asia Baby Formula Sales by Region
9.3.1 Asia Baby Formula Revenue by Region: 2019 VS 2023 VS 2030
9.3.2 Asia Baby Formula Revenue by Region (2019-2030)
9.3.3 Asia Baby Formula Sales by Region (2019-2030)
9.3.4 Japan
9.3.5 South Korea
9.3.6 China Taiwan
9.3.7 Southeast Asia
9.3.8 India
10 Middle East, Africa and Latin America
10.1 Middle East, Africa and Latin America Baby Formula Market Size by Type
10.1.1 Middle East, Africa and Latin America Baby Formula Sales by Type (2019-2030)
10.1.2 Middle East, Africa and Latin America Baby Formula Revenue by Type (2019-2030)
10.2 Middle East, Africa and Latin America Baby Formula Market Size by Application
10.2.1 Middle East, Africa and Latin America Baby Formula Sales by Application (2019-2030)
10.2.2 Middle East, Africa and Latin America Baby Formula Revenue by Application (2019-2030)
10.3 Middle East, Africa and Latin America Baby Formula Sales by Country
10.3.1 Middle East, Africa and Latin America Baby Formula Revenue by Country: 2019 VS 2023 VS 2030
10.3.2 Middle East, Africa and Latin America Baby Formula Revenue by Country (2019-2030)
10.3.3 Middle East, Africa and Latin America Baby Formula Sales by Country (2019-2030)
10.3.4 Brazil
10.3.5 Mexico
10.3.6 Turkey
10.3.7 Israel
10.3.8 GCC Countries
11 Company Profiles
11.1 Yili
11.1.1 Yili Company Information
11.1.2 Yili Overview
11.1.3 Yili Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.1.4 Yili Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.1.5 Yili Recent Developments
11.2 Biostime
11.2.1 Biostime Company Information
11.2.2 Biostime Overview
11.2.3 Biostime Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.2.4 Biostime Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.2.5 Biostime Recent Developments
11.3 Yashili
11.3.1 Yashili Company Information
11.3.2 Yashili Overview
11.3.3 Yashili Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.3.4 Yashili Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.3.5 Yashili Recent Developments
11.4 Feihe
11.4.1 Feihe Company Information
11.4.2 Feihe Overview
11.4.3 Feihe Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.4.4 Feihe Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.4.5 Feihe Recent Developments
11.5 Brightdairy
11.5.1 Brightdairy Company Information
11.5.2 Brightdairy Overview
11.5.3 Brightdairy Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.5.4 Brightdairy Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.5.5 Brightdairy Recent Developments
11.6 Beingmate
11.6.1 Beingmate Company Information
11.6.2 Beingmate Overview
11.6.3 Beingmate Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.6.4 Beingmate Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.6.5 Beingmate Recent Developments
11.7 Wonderson
11.7.1 Wonderson Company Information
11.7.2 Wonderson Overview
11.7.3 Wonderson Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.7.4 Wonderson Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.7.5 Wonderson Recent Developments
11.8 Synutra
11.8.1 Synutra Company Information
11.8.2 Synutra Overview
11.8.3 Synutra Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.8.4 Synutra Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.8.5 Synutra Recent Developments
11.9 Wissun
11.9.1 Wissun Company Information
11.9.2 Wissun Overview
11.9.3 Wissun Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.9.4 Wissun Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.9.5 Wissun Recent Developments
11.10 Wyeth
11.10.1 Wyeth Company Information
11.10.2 Wyeth Overview
11.10.3 Wyeth Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.10.4 Wyeth Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.10.5 Wyeth Recent Developments
11.11 Junlebao
11.11.1 Junlebao Company Information
11.11.2 Junlebao Overview
11.11.3 Junlebao Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.11.4 Junlebao Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.11.5 Junlebao Recent Developments
11.12 Danone
11.12.1 Danone Company Information
11.12.2 Danone Overview
11.12.3 Danone Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.12.4 Danone Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.12.5 Danone Recent Developments
11.13 Mead Johnson & Company
11.13.1 Mead Johnson & Company Company Information
11.13.2 Mead Johnson & Company Overview
11.13.3 Mead Johnson & Company Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.13.4 Mead Johnson & Company Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.13.5 Mead Johnson & Company Recent Developments
11.14 Abbott
11.14.1 Abbott Company Information
11.14.2 Abbott Overview
11.14.3 Abbott Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.14.4 Abbott Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.14.5 Abbott Recent Developments
11.15 Friso
11.15.1 Friso Company Information
11.15.2 Friso Overview
11.15.3 Friso Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.15.4 Friso Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.15.5 Friso Recent Developments
11.16 Ausnutria
11.16.1 Ausnutria Company Information
11.16.2 Ausnutria Overview
11.16.3 Ausnutria Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.16.4 Ausnutria Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.16.5 Ausnutria Recent Developments
11.17 Nanshan
11.17.1 Nanshan Company Information
11.17.2 Nanshan Overview
11.17.3 Nanshan Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.17.4 Nanshan Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.17.5 Nanshan Recent Developments
11.18 Hongxingmeiling
11.18.1 Hongxingmeiling Company Information
11.18.2 Hongxingmeiling Overview
11.18.3 Hongxingmeiling Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.18.4 Hongxingmeiling Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.18.5 Hongxingmeiling Recent Developments
11.19 Sanyuan
11.19.1 Sanyuan Company Information
11.19.2 Sanyuan Overview
11.19.3 Sanyuan Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.19.4 Sanyuan Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.19.5 Sanyuan Recent Developments
11.20 Babybio
11.20.1 Babybio Company Information
11.20.2 Babybio Overview
11.20.3 Babybio Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.20.4 Babybio Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.20.5 Babybio Recent Developments
11.21 Yatai
11.21.1 Yatai Company Information
11.21.2 Yatai Overview
11.21.3 Yatai Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.21.4 Yatai Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.21.5 Yatai Recent Developments
11.22 Fineboon
11.22.1 Fineboon Company Information
11.22.2 Fineboon Overview
11.22.3 Fineboon Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.22.4 Fineboon Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.22.5 Fineboon Recent Developments
11.23 YeePer
11.23.1 YeePer Company Information
11.23.2 YeePer Overview
11.23.3 YeePer Baby Formula Sales, Price, Revenue and Gross Margin (2019-2024)
11.23.4 YeePer Baby Formula Product Model Numbers, Pictures, Descriptions and Specifications
11.23.5 YeePer Recent Developments
12 Industry Chain and Sales Channels Analysis
12.1 Baby Formula Industry Chain Analysis
12.2 Baby Formula Key Raw Materials
12.2.1 Key Raw Materials
12.2.2 Raw Materials Key Suppliers
12.3 Baby Formula Production Mode & Process
12.4 Baby Formula Sales and Marketing
12.4.1 Baby Formula Sales Channels
12.4.2 Baby Formula Distributors
12.5 Baby Formula Customers
13 Market Dynamics
13.1 Baby Formula Industry Trends
13.2 Baby Formula Market Drivers
13.3 Baby Formula Market Challenges
13.4 Baby Formula Market Restraints
14 Key Findings in The Global Baby Formula Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Ìý
Ìý
*If Applicable.