Global Soy Infant Formula Market Growth 2025-2031

The global Soy Infant Formula market size is predicted to grow from US$ 287 million in 2025 to US$ 353 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

The global soy infant formula market has been witnessing significant growth in recent years. The increasing awareness about the benefits of soy-based products, rising demand for plant-based alternatives, and the growing number of lactose-intolerant infants are some of the key factors driving the market growth.The market for soy infant formula is concentrated in regions such as North America, Europe, and Asia Pacific. North America holds a significant share in the market due to the high prevalence of lactose intolerance and the increasing adoption of plant-based diets. Europe is also a major market for soy infant formula, driven by the growing demand for organic and natural products. The Asia Pacific region is expected to witness substantial growth in the coming years, primarily due to the rising population and increasing disposable income in countries like China and India.The soy infant formula market is highly concentrated, with a few key players dominating the industry. There are several opportunities for growth in the soy infant formula market. The increasing demand for organic and natural products presents a significant opportunity for manufacturers to develop and market organic soy infant formula. Additionally, the rising awareness about the benefits of soy-based products among consumers in emerging economies provides an opportunity for market expansion.Despite the growth prospects, the soy infant formula market also faces certain challenges. One of the major challenges is the availability of alternative plant-based options such as almond and rice milk, which may hinder the growth of soy infant formula. Moreover, the high cost of soy infant formula compared to conventional dairy-based formula is another challenge that manufacturers need to address.

LP Information, Inc. (LPI) ' newest research report, the “Soy Infant Formula Industry Forecast” looks at past sales and reviews total world Soy Infant Formula sales in 2024, providing a comprehensive analysis by region and market sector of projected Soy Infant Formula sales for 2025 through 2031. With Soy Infant Formula sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soy Infant Formula industry.

This Insight Report provides a comprehensive analysis of the global Soy Infant 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 Soy Infant Formula portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soy Infant Formula market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soy Infant 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 Soy Infant Formula.

This report presents a comprehensive overview, market shares, and growth opportunities of Soy Infant Formula market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Non-GMO Infant Formula
GMO Infant Formula

Segmentation by Application:
0-6 Months
6-12 Months
12-36 Months

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 analysing the company's coverage, product portfolio, its market penetration.
Enfamil
Gerber
Similac
Parent's Choice
Store Brand
Perrigo
Earth's Best
Bobbie
Burt's Bees
Nestlé
Abbott
SMA
Honest
Danone

Key Questions Addressed in this Report

What is the 10-year outlook for the global Soy Infant Formula market?

What factors are driving Soy Infant Formula market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Soy Infant Formula market opportunities vary by end market size?

How does Soy Infant Formula break out by Type, by Application?

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