Infant Formula Ingredients Market by Ingredient Type (Carbohydrates, Oils & Fats, Prebiotics), Form (Liquid & Semi-Liquid, Powder), Source, Application - Global Forecast 2024-2030

Infant Formula Ingredients Market by Ingredient Type (Carbohydrates, Oils & Fats, Prebiotics), Form (Liquid & Semi-Liquid, Powder), Source, Application - Global Forecast 2024-2030

The Infant Formula Ingredients Market size was estimated at USD 25.32 billion in 2023 and expected to reach USD 27.48 billion in 2024, at a CAGR 9.11% to reach USD 46.62 billion by 2030.

Infant formula ingredients are specifically designed and chosen to closely mimic the nutritional composition of human breast milk, providing essential nutrients required for the healthy growth and development of infants. These ingredients typically include protein sources, carbohydrates, fats, vitamins, minerals, and other functional components that ensure optimal nourishment for a baby's physical and cognitive needs. Meanwhile, the growing awareness about the nutrition of infants among working women increases the need for infant formula. Infant formula ingredients provide primary components as they form the foundation for tissue growth and repair. Additionally, the penetration of organic and natural infant food significantly improves the development of the infant formula ingredients market. However, regulatory compliance is crucial due to the sensitive nature and health of the target consumers, resulting in stringent government regulations by regulatory bodies associated with infant formula ingredients, which is a significant challenge for producers of infant formula ingredients. Companies emphasize innovation through research activities that identify novel ingredients with improved nutritional value or functional benefits for infants to maintain a strong position within this competitive landscape. Moreover, the inclusion of prebiotics and probiotics in infant food and continuous R&D expenditure on infant formula to promote infant gut health offer a competitive advantage to the market players.

Regional Insights

In the Americas, countries including the United States and Canada, the demand for infant formula ingredients witnessed significant growth due to various factors, such as the increasing number of working women and busy consumer lifestyles. The rise in dual-income households, with both parents working outside the home, has created a strong need for convenient and nutritious options to cater to their infants' dietary requirements. The European countries have witnessed steady growth due to Europe's strict regulations regarding infant formula that have led to rigorous testing and safety standards for manufacturers and resulted in increased investment in research and development of innovative infant formula ingredients by major players. Additionally, the Middle East and Africa are experiencing rapid urbanization and growing disposable incomes, resulting in increasing demand for infant formula products. The APAC region has also seen a significant boom in its infant formula ingredient industry following regulatory reforms in recent years. Asian countries, including China and India, are some of the most populated countries in the world, resulting in a continuous demand for infant formula ingredients and, therefore, an important market for infant formula manufacturers. Japan is also one of the largest global exporters of infant formula ingredients and invests heavily in research and development, leading to high-quality products that meet stringent international standards.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Infant Formula Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increase in awareness of adequate nutrition for infants
    • Rising number of working mothers population and consumer busy lifestyle
    • Introduction of organic and natural baby food
    • Market Restraints
      • Stringent regulations associated with infant formula
      • Market Opportunities
        • Inclusion of prebiotic and probiotic in baby food
        • Extensive R&D expenditures on infant formula development
        • Market Challenges
          • Health concerns and issues related to contamination in infant formulas
          • Market Segmentation Analysis
            • Ingredient Type: Utilization of various ingredients in infant formula for nutritional benefits
            • Form: Availability of the liquid and powdered form ingredients to produce infant formulas and provide essential nutrients to nourish infants
            • Source: Popularity of organic formula ingredients offering high-level health advantages
            • Application: Increasing uses of infant formula ingredients to develop high quality nutritions
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Infant Formula Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Infant Formula Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • FrieslandCampina Ingredients boosts the production of active and early-life nutrition ingredients
              
              FrieslandCampina Ingredients announced expanding its facility in Borculo, Netherlands, to double its capacity of whey protein isolate and Milk Fat Globule Membrane (MFGM) production. This initiative is driven by the increasing health-consciousness among consumers who are seeking products fortified with whey protein, a high-quality source of protein. The expansion is expected to enable more brands to incorporate the benefits of whey protein isolate and MFGM into their products, delivering improved immune system and brain development benefits for children, as well as cognitive health and gut health benefits for adults.
              
              Arla Foods invests in Argentina facility for dairy ingredients expansion
              
              Arla Foods Ingredients announced an investment to expand production at an existing factory in Argentina. This expansion aims to double the production of permeate powder and dairy proteins used in infant formula products. The upgrade to the Porteña plant is scheduled for completion by 2026, with a focus on meeting the global demand for high-quality whey ingredients, especially in Latin America.
              
              Arla launches EAA-rich alpha-lactalbumin infant formula ingredient
              
              Arla Foods Ingredients introduced a new infant formula ingredient called Lacprodan ALPHA-50, which is high in alpha-lactalbumin, and this ingredient aims to address the increasing demand for low-protein formulations. The high tryptophan content in the alpha-lactalbumin ingredient can offer additional benefits in mood regulation, sleep quality, and appetite control. Arla Foods Ingredients also provides other alpha-based products with varying protein concentrations, supported by clinical documentation.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Infant Formula Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Infant Formula Ingredients Market, highlighting leading vendors and their innovative profiles. These include AAK AB, Abbott Laboratories, ABITEC Corporation, Arla Foods Ingredients Group P/S, Armor Proteines by Savencia Group, BASF SE, Bio-Rad Laboratories, Inc., Bunge Limited, Carbery Food Ingredients Limited, Cargill Incorporated, Chr. Hansen Holdings A/S, DuPont de Nemours, Inc., FMC Corporation, Fonterra Co-Operative Group Limited, FrieslandCampina group, Glanbia PLC, Glycosyn LLC, Ingredion Incorporated, Kerry Group, Koninklijke DSM N.V., Lactalis Ingredients, Lonza Group Ltd., Mead Johnson & Company, LLC by Reckitt Benckiser Group, Nestle S.A., Roquette Frères, Sachsenmilch Leppersdorf GmbH by Unternehmensgruppe Theo Müller, Symrise AG, and Vitablend Nederland B.V. by Barentz International BV.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Infant Formula Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Ingredient Type
              • Carbohydrates
              • Oils & Fats
              • Prebiotics
              • Proteins
              • Vitamins & Minerals
              • Form
                • Liquid & Semi-Liquid
                • Powder
                • Source
                  • Inorganic
                  • Organic
                  • Application
                    • Follow-On Formula
                    • Growing-Up Milk
                    • Specialty
                    • Standard Infant Formula
                    • Region
                      • Americas
                        • Argentina
                        • Brazil
                        • Canada
                        • Mexico
                        • United States
                          • California
                          • Florida
                          • Illinois
                          • New York
                          • Ohio
                          • Pennsylvania
                          • Texas
                          • Asia-Pacific
                            • Australia
                            • China
                            • India
                            • Indonesia
                            • Japan
                            • Malaysia
                            • Philippines
                            • Singapore
                            • South Korea
                            • Taiwan
                            • Thailand
                            • Vietnam
                            • Europe, Middle East & Africa
                              • Denmark
                              • Egypt
                              • Finland
                              • France
                              • Germany
                              • Israel
                              • Italy
                              • Netherlands
                              • Nigeria
                              • Norway
                              • Poland
                              • Qatar
                              • Russia
                              • Saudi Arabia
                              • South Africa
                              • Spain
                              • Sweden
                              • Switzerland
                              • Turkey
                              • United Arab Emirates
                              • United Kingdom
                              
                              
                              Please Note: PDF & Excel + Online Access - 1 Year