Global Infant Formula Milk Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Infant Formula Milk Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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 our (Global Info Research) latest study, the global Infant Formula Milk Powder market size was valued at US$ 28540 million in 2023 and is forecast to a readjusted size of USD 35780 million by 2030 with a CAGR of 3.3% during review period.

Global infant formula milk powder key players include Danone, Nestle, Abbott etc. Global top 3 manufacturers hold a share about 30%. Asia-Pacific is the largest market, with a share about 45%, followed by Europe, with a share about 24 percent.

This report is a detailed and comprehensive analysis for global Infant Formula Milk Powder market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Sales Channel. 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 Milk Powder market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Infant Formula Milk Powder market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Infant Formula Milk Powder market size and forecasts, by Type and by Sales Channel, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Infant Formula Milk Powder market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 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 Milk Powder

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 Milk Powder 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, Nestle, Abbott, Reckiit, Biostime, Bellamy, Topfer, HiPP, Perrigo, Humana, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Infant Formula Milk Powder market is split by Type and by Sales Channel. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Sales Channel in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
First Stage
Second Stage
Third Stage

Market segment by Sales Channel
Maternal Stores
Supermarkets/Hypermarkets
Online Retail

Major players covered
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

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 Milk Powder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Infant Formula Milk Powder, with price, sales quantity, revenue, and global market share of Infant Formula Milk Powder from 2019 to 2024.

Chapter 3, the Infant Formula Milk Powder competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Infant Formula Milk Powder 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 Sales Channel, with sales market share and growth rate by Type, by Sales Channel, 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 Milk Powder market forecast, by regions, by Type, and by Sales Channel, 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 Milk Powder.

Chapter 14 and 15, to describe Infant Formula Milk Powder sales channel, distributors, customers, research findings and conclusion.