Infant Formula Market, By Product Type (Starting Milk Formula, Follow-on Milk Formula, Toddler’s Milk Formula, Special Milk Formula), By Distribution Channel (Specialty Outlets, Supermarkets, Online Stores, Pharmacy Stores, Others), and By Region (North

Infant Formula Market, By Product Type (Starting Milk Formula, Follow-on Milk Formula, Toddler’s Milk Formula, Special Milk Formula), By Distribution Channel (Specialty Outlets, Supermarkets, Online Stores, Pharmacy Stores, Others), and By Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The global infant formula market is growing at substantial rate, owing to the rising working women population across the globe. In addition to this, growing demand for infant formula due to busy lifestyle and high birth rate across developing regions is expected to foster the market growth of the infant formula market during the forecast period. Infant formula are available for various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula and special milk formula.
Market Dynamics
The global infant formula market has witnessed significant growth in recent past years, owing to the changing consumer lifestyles which have led to a shift in food preference. For instance, growing demand for processed and convenience foods is expected to fuel the growth of the global infant formula market during the forecast period.
Major players in the global infant formula market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula and special milk formula. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global infant formula market size (US$ Million & ‘000 Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global infant formula market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Nestlé S.A., Groupe Danone, Abbott Nutrition, Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child food Co. Ltd., Synutra International Inc., Pfizer Inc., and FrieslandCampina. N.V.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Application up-gradation, market expansion, and marketing tactics
The global Infant Formula market report caters to various stakeholders in this industry including investors, suppliers, global infant formula manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global Infant Formula market
Detailed Segmentation:
Global Infant Formula Market, By Product Type:
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
Global Infant Formula Market, By Distribution Channel:
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Global Infant Formula Market, By Region:
North America
U.S.
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Canada
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Latin America
Brazil
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Mexico
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Argentina
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Rest of Latin America
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Western Europe
Germany
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
U.K.
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
France
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Italy
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Spain
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Nordic
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
BENELUX
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Rest of Western Europe
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Eastern Europe
Russia
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Poland
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Rest of Eastern Europe
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
APEJ
China
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
India
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
ASEAN
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
ANZ
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Rest of the APEJ
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Japan

By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Middle East & Africa
GCC
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
South Africa
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Rest of Middle East & Africa
By Product Type
Starting Milk Formula
Follow-on Milk Formula
Toddler’s Milk Formula
Special Milk Formula
By Distribution Channel
Specialty Outlets
Supermarkets
Online Stores
Pharmacy Stores
Others
Company Profiles
Nestlé S.A.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Groupe Danone
Abbott Nutrition
Mead Johnson Nutrition
The Kraft Heinz Company
Meiji Holdings Co. Ltd.
Beingmate Baby & Child Food Co. Ltd.
Synutra International Inc.
Pfizer Inc
FrieslandCampina N.V.
“*” marked represents similar segmentation in other categories in the respective