Global Baby Formula Market Growth 2023-2029

Global Baby Formula Market Growth 2023-2029

Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
LPI (LP Information)' newest research report, the “Baby Formula Industry Forecast” looks at past sales and reviews total world Baby Formula sales in 2022, providing a comprehensive analysis by region and market sector of projected Baby Formula sales for 2023 through 2029. With Baby Formula sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Baby Formula industry.
This Insight Report provides a comprehensive analysis of the global Baby Formula landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Baby Formula portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Baby Formula market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Baby Formula and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Baby Formula.
The global Baby Formula market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
This report presents a comprehensive overview, market shares, and growth opportunities of Baby Formula market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cow Milk Infant Formula
Goat Milk Infant Formula
Segmentation by application
Maternal Stores
Supermarkets/Hypermarkets
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer

Key Questions Addressed in this Report
What is the 10-year outlook for the global Baby Formula market?
What factors are driving Baby Formula market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Baby Formula market opportunities vary by end market size?
How does Baby Formula break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.