

Highlights
The global Infant Formula market was valued at US$ 46350 million in 2022 and is anticipated to reach US$ 67970 million by 2029, witnessing a CAGR of 5.6% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
North American market for Infant Formula is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Infant Formula is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global 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 world's top three vendors accounted for approximately % of the revenue.
Report Scope
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.
The Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Infant Formula market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Infant Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
By Company
Nestle
Danone
Abbott
Mead Johnson
The Kraft Heinz
Meiji Holdings
Beingmate Baby & Child Food
Synutra
Pfizer
Segment by Type
Starting Milk Formula
Follow-on Milk Formula
Toddlers Milk Formula
Special Milk Formula
Segment by Application
0-3 Months
3-6 Months
6-9 Months
9-12 Months
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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: Detailed analysis of Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue 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, and market size of each country in the world.
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: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: 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 Infant Formula Market Overview
1.1 Product Overview and Scope of Infant Formula
1.2 Infant Formula Segment by Type
1.2.1 Global Infant Formula Market Value Comparison by Type (2023-2029)
1.2.2 Starting Milk Formula
1.2.3 Follow-on Milk Formula
1.2.4 Toddlers Milk Formula
1.2.5 Special Milk Formula
1.3 Infant Formula Segment by Application
1.3.1 Global Infant Formula Market Value by Application: (2023-2029)
1.3.2 0-3 Months
1.3.3 3-6 Months
1.3.4 6-9 Months
1.3.5 9-12 Months
1.4 Global Infant Formula Market Size Estimates and Forecasts
1.4.1 Global Infant Formula Revenue 2018-2029
1.4.2 Global Infant Formula Sales 2018-2029
1.4.3 Global Infant Formula Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Infant Formula Market Competition by Manufacturers
2.1 Global Infant Formula Sales Market Share by Manufacturers (2018-2023)
2.2 Global Infant Formula Revenue Market Share by Manufacturers (2018-2023)
2.3 Global Infant Formula Average Price by Manufacturers (2018-2023)
2.4 Global Infant Formula Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Infant Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Infant Formula, Product Type & Application
2.7 Infant Formula Market Competitive Situation and Trends
2.7.1 Infant Formula Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Infant Formula Players Market Share by Revenue
2.7.3 Global Infant Formula Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Infant Formula Retrospective Market Scenario by Region
3.1 Global Infant Formula Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Infant Formula Global Infant Formula Sales by Region: 2018-2029
3.2.1 Global Infant Formula Sales by Region: 2018-2023
3.2.2 Global Infant Formula Sales by Region: 2024-2029
3.3 Global Infant Formula Global Infant Formula Revenue by Region: 2018-2029
3.3.1 Global Infant Formula Revenue by Region: 2018-2023
3.3.2 Global Infant Formula Revenue by Region: 2024-2029
3.4 North America Infant Formula Market Facts & Figures by Country
3.4.1 North America Infant Formula Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Infant Formula Sales by Country (2018-2029)
3.4.3 North America Infant Formula Revenue by Country (2018-2029)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Infant Formula Market Facts & Figures by Country
3.5.1 Europe Infant Formula Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Infant Formula Sales by Country (2018-2029)
3.5.3 Europe Infant Formula Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Infant Formula Market Facts & Figures by Country
3.6.1 Asia Pacific Infant Formula Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Infant Formula Sales by Country (2018-2029)
3.6.3 Asia Pacific Infant Formula Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Infant Formula Market Facts & Figures by Country
3.7.1 Latin America Infant Formula Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Infant Formula Sales by Country (2018-2029)
3.7.3 Latin America Infant Formula Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Infant Formula Market Facts & Figures by Country
3.8.1 Middle East and Africa Infant Formula Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Infant Formula Sales by Country (2018-2029)
3.8.3 Middle East and Africa Infant Formula Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Infant Formula Sales by Type (2018-2029)
4.1.1 Global Infant Formula Sales by Type (2018-2023)
4.1.2 Global Infant Formula Sales by Type (2024-2029)
4.1.3 Global Infant Formula Sales Market Share by Type (2018-2029)
4.2 Global Infant Formula Revenue by Type (2018-2029)
4.2.1 Global Infant Formula Revenue by Type (2018-2023)
4.2.2 Global Infant Formula Revenue by Type (2024-2029)
4.2.3 Global Infant Formula Revenue Market Share by Type (2018-2029)
4.3 Global Infant Formula Price by Type (2018-2029)
5 Segment by Application
5.1 Global Infant Formula Sales by Application (2018-2029)
5.1.1 Global Infant Formula Sales by Application (2018-2023)
5.1.2 Global Infant Formula Sales by Application (2024-2029)
5.1.3 Global Infant Formula Sales Market Share by Application (2018-2029)
5.2 Global Infant Formula Revenue by Application (2018-2029)
5.2.1 Global Infant Formula Revenue by Application (2018-2023)
5.2.2 Global Infant Formula Revenue by Application (2024-2029)
5.2.3 Global Infant Formula Revenue Market Share by Application (2018-2029)
5.3 Global Infant Formula Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Nestle
6.1.1 Nestle Corporation Information
6.1.2 Nestle Description and Business Overview
6.1.3 Nestle Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Nestle Infant Formula Product Portfolio
6.1.5 Nestle Recent Developments/Updates
6.2 Danone
6.2.1 Danone Corporation Information
6.2.2 Danone Description and Business Overview
6.2.3 Danone Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.2.4 Danone Infant Formula Product Portfolio
6.2.5 Danone Recent Developments/Updates
6.3 Abbott
6.3.1 Abbott Corporation Information
6.3.2 Abbott Description and Business Overview
6.3.3 Abbott Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.3.4 Abbott Infant Formula Product Portfolio
6.3.5 Abbott Recent Developments/Updates
6.4 Mead Johnson
6.4.1 Mead Johnson Corporation Information
6.4.2 Mead Johnson Description and Business Overview
6.4.3 Mead Johnson Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Mead Johnson Infant Formula Product Portfolio
6.4.5 Mead Johnson Recent Developments/Updates
6.5 The Kraft Heinz
6.5.1 The Kraft Heinz Corporation Information
6.5.2 The Kraft Heinz Description and Business Overview
6.5.3 The Kraft Heinz Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.5.4 The Kraft Heinz Infant Formula Product Portfolio
6.5.5 The Kraft Heinz Recent Developments/Updates
6.6 Meiji Holdings
6.6.1 Meiji Holdings Corporation Information
6.6.2 Meiji Holdings Description and Business Overview
6.6.3 Meiji Holdings Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.6.4 Meiji Holdings Infant Formula Product Portfolio
6.6.5 Meiji Holdings Recent Developments/Updates
6.7 Beingmate Baby & Child Food
6.6.1 Beingmate Baby & Child Food Corporation Information
6.6.2 Beingmate Baby & Child Food Description and Business Overview
6.6.3 Beingmate Baby & Child Food Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Beingmate Baby & Child Food Infant Formula Product Portfolio
6.7.5 Beingmate Baby & Child Food Recent Developments/Updates
6.8 Synutra
6.8.1 Synutra Corporation Information
6.8.2 Synutra Description and Business Overview
6.8.3 Synutra Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Synutra Infant Formula Product Portfolio
6.8.5 Synutra Recent Developments/Updates
6.9 Pfizer
6.9.1 Pfizer Corporation Information
6.9.2 Pfizer Description and Business Overview
6.9.3 Pfizer Infant Formula Sales, Revenue and Gross Margin (2018-2023)
6.9.4 Pfizer Infant Formula Product Portfolio
6.9.5 Pfizer Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Infant Formula Industry Chain Analysis
7.2 Infant Formula Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Infant Formula Production Mode & Process
7.4 Infant Formula Sales and Marketing
7.4.1 Infant Formula Sales Channels
7.4.2 Infant Formula Distributors
7.5 Infant Formula Customers
8 Infant Formula Market Dynamics
8.1 Infant Formula Industry Trends
8.2 Infant Formula Market Drivers
8.3 Infant Formula Market Challenges
8.4 Infant Formula Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Nestle
Danone
Abbott
Mead Johnson
The Kraft Heinz
Meiji Holdings
Beingmate Baby & Child Food
Synutra
Pfizer
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*If Applicable.