Infant Nutrition Market by Type (Baby Food, Infant Formula), Form (Liquid, Solid), Distribution Channel - Global Forecast 2024-2030

Infant Nutrition Market by Type (Baby Food, Infant Formula), Form (Liquid, Solid), Distribution Channel - Global Forecast 2024-2030

The Infant Nutrition Market size was estimated at USD 92.07 billion in 2023 and expected to reach USD 98.15 billion in 2024, at a CAGR 6.70% to reach USD 145.04 billion by 2030.

The infant nutrition market comprises products and services to fulfill the nutritional needs of babies aged 0-12 months, including breast milk substitutes, complementary foods, and specialty nutrition items. This market targets various developmental stages, such as newborns, infants, and toddlers, catering to hospitals, maternity care centers, nurseries, childcare facilities, and households. Increasing awareness of infant nutrition's importance, a rise in working mothers seeking convenient breastfeeding alternatives, and advancements in food technologies producing innovative formulations tailored to infants' needs are increasing the demand for infant nutrition market. However, stringent regulations and food safety concerns are hampering the growth of the infant nutrition market. Furthermore, growing interest in plant-based diets and demand for organic baby food products are expected to create lucrative opportunities for the infant nutrition market.

Regional Insights

Consumers in the Americas, specifically the United States and Canada, increasingly seek organic, non-GMO, and allergen-free infant nutrition products due to increasing parents' concerns for their infants' health and development. Europe emphasizes stringent regulations on product labeling, safety standards, and ingredient transparency. In many Middle Eastern and African countries, there is considerable concern about infant nutrition due to high rates of undernutrition among children under five years old. International organizations such as UNICEF support local governments in reducing malnutrition through public-private partnerships with manufacturers of fortified complementary foods designed for infants aged 6-23 months. The Asia Pacific region represents significant markets for infant nutrition fueled by large populations with growing middle-class segments in China, Japan, and India. The Chinese market has experienced rapid growth following the lifting of the one-child policy, leading to increased demand for high-quality imported infant formulas. Japanese consumers prioritize premium, locally sourced ingredients with a focus on safety.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Infant Nutrition 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 on Adequate Nutrition Combined with Rising Disposable Supporting Infant Nutrition
    • Increase in Working Mothers' Population and Consumer Busy Lifestyle
    • Innovative Packaging and Advertising to Influence Buying Behavior
    • Market Restraints
      • Stringent Regulation for Infant Food
      • Market Opportunities
        • Growing Popularity of Organic Food
        • Acceleration in the Number of Amalgamation Activities
        • Addition of Prebiotics and Probiotics in Baby Food
        • Market Challenges
          • Food safety concerns
          • Market Segmentation Analysis
            • Type: Ability of infant food products to cater to nutritional requirements of babies and infants
            • Form: Availability of liquid and solid food products for diverse requirements of mother and infant
            • Distribution: Increase in consumer buying of infant products through diverse distribution channels
            • 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 Nutrition 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 Nutrition 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
            • Human milk inspired: Danone to Launch New Infant Formula Containing Novel Milk Droplet in China
              
              Danone is set to launch a new infant formula in China containing milk droplets that closely mimic the structure found in mothers' milk. Danone's new infant formula in China is aimed to provide a safe and effective option for parents looking to nourish their babies with the best possible nutrition.
              
              Infant Formula Maker Bobbie Acquires Nature’s One
              
              Bobbie, a manufacturer of clean label infant formula, acquired Nature's One, a pediatric nutrition company based in Ohio. This acquisition allows Bobbie to take control of Nature's One's production facility, enabling them to drive innovation for the next generation and establish a resilient domestic supply chain to avoid future shortages.
              
              NAMUH and Ginkgo Bioworks Announce Partnership to Produce Multiple Infant Nutrition Products
              
              NAMUH and Ginkgo Bioworks have entered into a partnership to develop functional oligosaccharides for infant nutrition. In this partnership, NAMUH is aimed to leverage Ginkgo's capabilities to expand the production of various HMOs using yeast fermentation to create infant formula that closely resembles human breast milk.
            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 Nutrition 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 Nutrition Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories Inc., Arla Foods, Asahi Group Holdings, Ltd., Aspen Pharmacare Holdings Limited, Ausnutria B.V., Baby Gourmet Foods Inc., Beingmate Baby & Child Food Co., Ltd., Bellamy's Australia Limited, Campbell Soup Company, Dana Dairy Group, Danone S.A., Ella’s Kitchen (Brands) Limited, Glanbia PLC, Gujarat Cooperative Milk Marketing Federation Ltd., Heilongjiang Feihe Dairy Co., Ltd., HiPP GmbH & Co. Vertrieb KG, Kewpie Corporation, Meiji Holdings Co., Ltd., Morinaga Milk Industry Co., Ltd., Nestlé S.A., Perrigo Company PLC, Pfizer, Inc., Reckitt Benckiser Group PLC, Royal FrieslandCampina N.V., Synutra Inc., The Hain Celestial Group, Inc., and The Kraft Heinz Company.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Infant Nutrition Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Baby Food
                • Dried Baby Food
                • Prepared Baby Food
                • Infant Formula
                  • Follow-On Milk Formula
                  • Growing Up Milk Formula
                  • Infant Milk Formula
                  • Specialty Baby Milk Formula
                  • Form
                    • Liquid
                    • Solid
                    • Distribution Channel
                      • Convenience Store
                      • Hypermarket &Supermarket
                      • Online Store
                      • Retail Pharmacy
                      • 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