Global Infant Formula Foods Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
This report studies the infant formula foods market, and infant formula foods mainly include infant formula powder and infant complementary foods.
According to our (Global Info Research) latest study, the global Infant Formula Foods market size was valued at US$ 67320 million in 2023 and is forecast to a readjusted size of USD 84410 million by 2030 with a CAGR of 3.3% during review period.
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.
This report is a detailed and comprehensive analysis for global Infant Formula Foods market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Infant Formula Foods market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Infant Formula Foods market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Infant Formula Foods market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Infant Formula Foods market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Infant Formula Foods
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Infant Formula Foods market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danone, Abbott, Nestle, Mead Johnson Nutrition, FrieslandCampina, Heinz, Yili, Biostime, Hipp Holding AG, Perrigo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Infant Formula Foods market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Infant Formula Powder
Infant Complementary Foods
Market segment by Application
0-6 Months
6-12 Months
12-36 Months
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Infant Formula Foods product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Infant Formula Foods, with price, sales quantity, revenue, and global market share of Infant Formula Foods from 2019 to 2024.
Chapter 3, the Infant Formula Foods competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Infant Formula Foods breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Infant Formula Foods market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Infant Formula Foods.
Chapter 14 and 15, to describe Infant Formula Foods sales channel, distributors, customers, research findings and conclusion.