Report overview
This report studies the infant formula foods market, and infant formula foods mainly include infant formula powder and infant complementary foods.
This report aims to provide a comprehensive presentation of the global market for Infant Formula Foods, 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 Foods. This report contains market size and forecasts of Infant Formula Foods in global, including the following market information:
Global Infant Formula Foods Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Infant Formula Foods Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Infant Formula Foods companies in 2022 (%)
The global Infant Formula Foods market was valued at US$ 64850 million in 2022 and is projected to reach US$ 81150 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest region of Infant Formula Foods, with a market share about 30%. It was followed by Europe with 20%. Danone, Abbott, Nestle, Mead Johnson Nutrition and FrieslandCampina are the top 5 manufacturers of industry, and they had about 55% combined market share.
We surveyed the Infant Formula Foods manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Infant Formula Foods Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Infant Formula Foods Market Segment Percentages, by Type, 2022 (%)
Infant Formula Powder
Infant Complementary Foods
Global Infant Formula Foods Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Infant Formula Foods Market Segment Percentages, by Application, 2022 (%)
0-6 Months
6-12 Months
12-36 Months
Global Infant Formula Foods Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Infant Formula Foods Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Infant Formula Foods revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Infant Formula Foods revenues share in global market, 2022 (%)
Key companies Infant Formula Foods sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Infant Formula Foods sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Infant Formula Foods, market overview.
Chapter 2: Global Infant Formula Foods market size in revenue and volume.
Chapter 3: Detailed analysis of Infant Formula Foods manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
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: Sales of Infant Formula Foods 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Infant Formula Foods capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
