Infant Formula Milk Powder Industry Research Report 2025

Summary

Infant formula milk powder, also called infant formula milk powder, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with water). The U.S. Federal Food, Drug, and Cosmetic Act(FFDCA) defines infant formula as a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk.

According to APO Research, the global Infant Formula Milk Powder market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Infant Formula Milk Powder is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Infant Formula Milk Powder is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Infant Formula Milk Powder is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Infant Formula Milk Powder include Danone, Nestle, Abbott, Reckiit, Biostime, Bellamy, Topfer, HiPP and Perrigo, etc. In 2024, 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 Milk Powder, 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 Milk Powder.

The report will help the Infant Formula Milk Powder 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.

The Infant Formula Milk Powder market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Infant Formula Milk Powder 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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Infant Formula Milk Powder Segment by Company

Danone
Nestle
Abbott
Reckiit
Biostime
Bellamy
Topfer
HiPP
Perrigo
Humana
Nutribio
Meiji
a2 Milk
Ausnutria
Feihe
Yili
Yashili
Bright Dairy & Food
Junlebao
Beingmate
Wonder Sun
Wissun
YeePer
Synutra

Infant Formula Milk Powder Segment by Type

First Stage
Second Stage
Third Stage

Infant Formula Milk Powder Segment by Sales Channel
Maternal Stores
Supermarkets/Hypermarkets
Online Retail

Infant Formula Milk Powder Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Infant Formula Milk Powder market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Infant Formula Milk Powder and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Infant Formula Milk Powder.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: 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 3: Detailed analysis of Infant Formula Milk Powder manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Infant Formula Milk Powder by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Infant Formula Milk Powder 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 production of each country in the world.
Chapter 7: 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 8: Provides the analysis of various market segments by sales channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Infant Formula Milk Powder Market Size (2020-2031)
2.2.2 Global Infant Formula Milk Powder Sales (2020-2031)
2.2.3 Global Infant Formula Milk Powder Market Average Price (2020-2031)
2.3 Infant Formula Milk Powder by Type
2.3.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 First Stage
2.3.3 Second Stage
2.3.4 Third Stage
2.4 Infant Formula Milk Powder by Sales Channel
2.4.1 Market Value Comparison by Sales Channel (2020 VS 2024 VS 2031)
2.4.2 Maternal Stores
2.4.3 Supermarkets/Hypermarkets
2.4.4 Online Retail
3 Market Competitive Landscape by Manufacturers
3.1 Global Infant Formula Milk Powder Market Competitive Situation by Manufacturers (2020 Versus 2024)
3.2 Global Infant Formula Milk Powder Sales (K MT) of Manufacturers (2020-2025)
3.3 Global Infant Formula Milk Powder Revenue of Manufacturers (2020-2025)
3.4 Global Infant Formula Milk Powder Average Price by Manufacturers (2020-2025)
3.5 Global Infant Formula Milk Powder Industry Ranking, 2023 VS 2024 VS 2025
3.6 Global Manufacturers of Infant Formula Milk Powder, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Infant Formula Milk Powder, Product Type & Application
3.8 Global Manufacturers of Infant Formula Milk Powder, Established Date
3.9 Global Infant Formula Milk Powder Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Danone
4.1.1 Danone Company Information
4.1.2 Danone Business Overview
4.1.3 Danone Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.1.4 Danone Infant Formula Milk Powder Product Portfolio
4.1.5 Danone Recent Developments
4.2 Nestle
4.2.1 Nestle Company Information
4.2.2 Nestle Business Overview
4.2.3 Nestle Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.2.4 Nestle Infant Formula Milk Powder Product Portfolio
4.2.5 Nestle Recent Developments
4.3 Abbott
4.3.1 Abbott Company Information
4.3.2 Abbott Business Overview
4.3.3 Abbott Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.3.4 Abbott Infant Formula Milk Powder Product Portfolio
4.3.5 Abbott Recent Developments
4.4 Reckiit
4.4.1 Reckiit Company Information
4.4.2 Reckiit Business Overview
4.4.3 Reckiit Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.4.4 Reckiit Infant Formula Milk Powder Product Portfolio
4.4.5 Reckiit Recent Developments
4.5 Biostime
4.5.1 Biostime Company Information
4.5.2 Biostime Business Overview
4.5.3 Biostime Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.5.4 Biostime Infant Formula Milk Powder Product Portfolio
4.5.5 Biostime Recent Developments
4.6 Bellamy
4.6.1 Bellamy Company Information
4.6.2 Bellamy Business Overview
4.6.3 Bellamy Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.6.4 Bellamy Infant Formula Milk Powder Product Portfolio
4.6.5 Bellamy Recent Developments
4.7 Topfer
4.7.1 Topfer Company Information
4.7.2 Topfer Business Overview
4.7.3 Topfer Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.7.4 Topfer Infant Formula Milk Powder Product Portfolio
4.7.5 Topfer Recent Developments
4.8 HiPP
4.8.1 HiPP Company Information
4.8.2 HiPP Business Overview
4.8.3 HiPP Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.8.4 HiPP Infant Formula Milk Powder Product Portfolio
4.8.5 HiPP Recent Developments
4.9 Perrigo
4.9.1 Perrigo Company Information
4.9.2 Perrigo Business Overview
4.9.3 Perrigo Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.9.4 Perrigo Infant Formula Milk Powder Product Portfolio
4.9.5 Perrigo Recent Developments
4.10 Humana
4.10.1 Humana Company Information
4.10.2 Humana Business Overview
4.10.3 Humana Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.10.4 Humana Infant Formula Milk Powder Product Portfolio
4.10.5 Humana Recent Developments
4.11 Nutribio
4.11.1 Nutribio Company Information
4.11.2 Nutribio Business Overview
4.11.3 Nutribio Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.11.4 Nutribio Infant Formula Milk Powder Product Portfolio
4.11.5 Nutribio Recent Developments
4.12 Meiji
4.12.1 Meiji Company Information
4.12.2 Meiji Business Overview
4.12.3 Meiji Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.12.4 Meiji Infant Formula Milk Powder Product Portfolio
4.12.5 Meiji Recent Developments
4.13 a2 Milk
4.13.1 a2 Milk Company Information
4.13.2 a2 Milk Business Overview
4.13.3 a2 Milk Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.13.4 a2 Milk Infant Formula Milk Powder Product Portfolio
4.13.5 a2 Milk Recent Developments
4.14 Ausnutria
4.14.1 Ausnutria Company Information
4.14.2 Ausnutria Business Overview
4.14.3 Ausnutria Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.14.4 Ausnutria Infant Formula Milk Powder Product Portfolio
4.14.5 Ausnutria Recent Developments
4.15 Feihe
4.15.1 Feihe Company Information
4.15.2 Feihe Business Overview
4.15.3 Feihe Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.15.4 Feihe Infant Formula Milk Powder Product Portfolio
4.15.5 Feihe Recent Developments
4.16 Yili
4.16.1 Yili Company Information
4.16.2 Yili Business Overview
4.16.3 Yili Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.16.4 Yili Infant Formula Milk Powder Product Portfolio
4.16.5 Yili Recent Developments
4.17 Yashili
4.17.1 Yashili Company Information
4.17.2 Yashili Business Overview
4.17.3 Yashili Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.17.4 Yashili Infant Formula Milk Powder Product Portfolio
4.17.5 Yashili Recent Developments
4.18 Bright Dairy & Food
4.18.1 Bright Dairy & Food Company Information
4.18.2 Bright Dairy & Food Business Overview
4.18.3 Bright Dairy & Food Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.18.4 Bright Dairy & Food Infant Formula Milk Powder Product Portfolio
4.18.5 Bright Dairy & Food Recent Developments
4.19 Junlebao
4.19.1 Junlebao Company Information
4.19.2 Junlebao Business Overview
4.19.3 Junlebao Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.19.4 Junlebao Infant Formula Milk Powder Product Portfolio
4.19.5 Junlebao Recent Developments
4.20 Beingmate
4.20.1 Beingmate Company Information
4.20.2 Beingmate Business Overview
4.20.3 Beingmate Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.20.4 Beingmate Infant Formula Milk Powder Product Portfolio
4.20.5 Beingmate Recent Developments
4.21 Wonder Sun
4.21.1 Wonder Sun Company Information
4.21.2 Wonder Sun Business Overview
4.21.3 Wonder Sun Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.21.4 Wonder Sun Infant Formula Milk Powder Product Portfolio
4.21.5 Wonder Sun Recent Developments
4.22 Wissun
4.22.1 Wissun Company Information
4.22.2 Wissun Business Overview
4.22.3 Wissun Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.22.4 Wissun Infant Formula Milk Powder Product Portfolio
4.22.5 Wissun Recent Developments
4.23 YeePer
4.23.1 YeePer Company Information
4.23.2 YeePer Business Overview
4.23.3 YeePer Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.23.4 YeePer Infant Formula Milk Powder Product Portfolio
4.23.5 YeePer Recent Developments
4.24 Synutra
4.24.1 Synutra Company Information
4.24.2 Synutra Business Overview
4.24.3 Synutra Infant Formula Milk Powder Sales, Revenue and Gross Margin (2020-2025)
4.24.4 Synutra Infant Formula Milk Powder Product Portfolio
4.24.5 Synutra Recent Developments
5 Global Infant Formula Milk Powder Market Scenario by Region
5.1 Global Infant Formula Milk Powder Market Size by Region: 2020 VS 2024 VS 2031
5.2 Global Infant Formula Milk Powder Sales by Region: 2020-2031
5.2.1 Global Infant Formula Milk Powder Sales by Region: 2020-2025
5.2.2 Global Infant Formula Milk Powder Sales by Region: 2026-2031
5.3 Global Infant Formula Milk Powder Revenue by Region: 2020-2031
5.3.1 Global Infant Formula Milk Powder Revenue by Region: 2020-2025
5.3.2 Global Infant Formula Milk Powder Revenue by Region: 2026-2031
5.4 North America Infant Formula Milk Powder Market Facts & Figures by Country
5.4.1 North America Infant Formula Milk Powder Market Size by Country: 2020 VS 2024 VS 2031
5.4.2 North America Infant Formula Milk Powder Sales by Country (2020-2031)
5.4.3 North America Infant Formula Milk Powder Revenue by Country (2020-2031)
5.4.4 United States
5.4.5 Canada
5.4.6 Mexico
5.5 Europe Infant Formula Milk Powder Market Facts & Figures by Country
5.5.1 Europe Infant Formula Milk Powder Market Size by Country: 2020 VS 2024 VS 2031
5.5.2 Europe Infant Formula Milk Powder Sales by Country (2020-2031)
5.5.3 Europe Infant Formula Milk Powder Revenue by Country (2020-2031)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.5.9 Spain
5.5.10 Netherlands
5.5.11 Switzerland
5.5.12 Sweden
5.5.13 Poland
5.6 Asia Pacific Infant Formula Milk Powder Market Facts & Figures by Country
5.6.1 Asia Pacific Infant Formula Milk Powder Market Size by Country: 2020 VS 2024 VS 2031
5.6.2 Asia Pacific Infant Formula Milk Powder Sales by Country (2020-2031)
5.6.3 Asia Pacific Infant Formula Milk Powder Revenue by Country (2020-2031)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 Taiwan
5.6.10 Southeast Asia
5.7 South America Infant Formula Milk Powder Market Facts & Figures by Country
5.7.1 South America Infant Formula Milk Powder Market Size by Country: 2020 VS 2024 VS 2031
5.7.2 South America Infant Formula Milk Powder Sales by Country (2020-2031)
5.7.3 South America Infant Formula Milk Powder Revenue by Country (2020-2031)
5.7.4 Brazil
5.7.5 Argentina
5.7.6 Chile
5.8 Middle East and Africa Infant Formula Milk Powder Market Facts & Figures by Country
5.8.1 Middle East and Africa Infant Formula Milk Powder Market Size by Country: 2020 VS 2024 VS 2031
5.8.2 Middle East and Africa Infant Formula Milk Powder Sales by Country (2020-2031)
5.8.3 Middle East and Africa Infant Formula Milk Powder Revenue by Country (2020-2031)
5.8.4 Egypt
5.8.5 South Africa
5.8.6 Israel
5.8.7 Türkiye
5.8.8 GCC Countries
6 Segment by Type
6.1 Global Infant Formula Milk Powder Sales by Type (2020-2031)
6.1.1 Global Infant Formula Milk Powder Sales by Type (2020-2031) & (K MT)
6.1.2 Global Infant Formula Milk Powder Sales Market Share by Type (2020-2031)
6.2 Global Infant Formula Milk Powder Revenue by Type (2020-2031)
6.2.1 Global Infant Formula Milk Powder Sales by Type (2020-2031) & (US$ Million)
6.2.2 Global Infant Formula Milk Powder Revenue Market Share by Type (2020-2031)
6.3 Global Infant Formula Milk Powder Price by Type (2020-2031)
7 Segment by Sales Channel
7.1 Global Infant Formula Milk Powder Sales by Sales Channel (2020-2031)
7.1.1 Global Infant Formula Milk Powder Sales by Sales Channel (2020-2031) & (K MT)
7.1.2 Global Infant Formula Milk Powder Sales Market Share by Sales Channel (2020-2031)
7.2 Global Infant Formula Milk Powder Revenue by Sales Channel (2020-2031)
7.2.1 Global Infant Formula Milk Powder Sales by Sales Channel (2020-2031) & (US$ Million)
7.2.2 Global Infant Formula Milk Powder Revenue Market Share by Sales Channel (2020-2031)
7.3 Global Infant Formula Milk Powder Price by Sales Channel (2020-2031)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Infant Formula Milk Powder Value Chain Analysis
8.1.1 Infant Formula Milk Powder Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Infant Formula Milk Powder Production Mode & Process
8.2 Infant Formula Milk Powder Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Infant Formula Milk Powder Distributors
8.2.3 Infant Formula Milk Powder Customers
9 Global Infant Formula Milk Powder Analyzing Market Dynamics
9.1 Infant Formula Milk Powder Industry Trends
9.2 Infant Formula Milk Powder Industry Drivers
9.3 Infant Formula Milk Powder Industry Opportunities and Challenges
9.4 Infant Formula Milk Powder Industry Restraints
10 Report Conclusion
11 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings