Global Infant Formula Milk Powder Market Growth 2023-2029

Global Infant Formula Milk Powder Market Growth 2023-2029

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".
LPI (LP Information)' newest research report, the “Infant Formula Milk Powder Industry Forecast” looks at past sales and reviews total world Infant Formula Milk Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Infant Formula Milk Powder sales for 2023 through 2029. With Infant Formula Milk Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Infant Formula Milk Powder industry.
This Insight Report provides a comprehensive analysis of the global Infant Formula Milk Powder 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 Infant Formula Milk Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Infant Formula Milk Powder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Infant Formula Milk Powder and breaks down the forecast by type, by sales channel, 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 Infant Formula Milk Powder.
The global Infant Formula Milk Powder market size is projected to grow from US$ 26170 million in 2022 to US$ 33350 million in 2029; it is expected to grow at a CAGR of 33350 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Infant Formula Milk Powder market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
First Stage
Second Stage
Third Stage
Segmentation by sales channel
Maternal Stores
Supermarkets/Hypermarkets
Online Retail
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Infant Formula Milk Powder market?
What factors are driving Infant Formula Milk Powder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Infant Formula Milk Powder market opportunities vary by end market size?
How does Infant Formula Milk Powder break out type, sales channel?
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.