Cow Milk Infant Formula Market Size, Share, By Type, Process Type, Application, Distribution Channel, and Region - Trends, Analysis and Forecast till 2035
Cow milk infant formula is a nutritional products made from cow’s milk. Target market is driven by various advantages it offers to babies, increasing use of bottle-feeding, convenience for mothers who are not able to produce milk through natural process, they have high nutritional content, and it is priced reasonably. In addition, rise in infant food sector, increase in the consciousness regarding the health of the infants, rise in the population of working women giving birth while having a hectic lifestyle are another factors propelling growth of the global market.
Cow Milk Infant Formula Market Report Highlights:
- Cow milk infant formula market size is expected to grow at USD 73.6 billion by 2035.
- The target market was value at USD 51.3 billion in 2024.
- Target market is expanding at a CAGR of 4%.
- Asia Pacific held the largest share of the market in 2024.
- North America is projected to be the fastest-growing market in the coming years.
- By type, the market is being dominated by the powdered milk formula segment.
- Based on process type, the wet process type holds the largest market share.
- On the basis of application, the infant formula segment is projected to lead the market during the forecast period.
- Under distribution channel, the supermarkets/hypermarkets segment is leading the market.
Cow Milk Infant Formula Market Key Highlights:
- In August 2024, Abbott announced the expansion of its Pure Bliss by Similac line of organic, and European-made infant formulas that give parents a variety of products to meet specific formula preferences which are made from fresh milk of cows.
- In September 2023, Lowenzahn Organics launched their range of baby milk products from whole cow’s milk, which offers an alternative to conventionally used skimmed milk. This organic baby formulas is designed specifically for the needs of your baby, developed in accordance with the latest nutritional science and produced under strict European environmental guidelines.
Cow Milk Infant Formula Market Report Analysis:
For instance, according to the research article by PubMed Central, in January 2022, The World Health Organization (WHO) and United Nations Children’s Fund (UNICEF) recommend exclusive breastfeeding for the first six months of life with the continuation of breastfeeding for up to 2 years or beyond with complementary feeding beginning at 6 months of age. However, many infants do not receive breast milk exclusively through 6 months of age, or breastfeeding might be stopped before the recommended duration of 2 years.
According to the Lancet Breastfeeding series, 37% of children aged 6–24 months do not receive breast milk, with variation in rates of 18% in the lower-income countries, 34% in the lower-middle-income countries, and 55% in the upper-middle-income countries [4]. Instead, alternative milk beverages are often used, including infant formula and raw animal milk products.
Cow’s milk contains higher levels of protein (0.9–1.2 g/100 mL in human milk vs. 1.8–2.0 in cow’s milk) and lower lactose levels (7.0 g/100 mL in human milk vs. 4.1 g/100 mL in cow’s milk) [6]. Additionally, human milk has higher iron than cow’s milk (70 mg/ 100 mL vs. 0.07 mg/100 mL).
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Cow Milk Infant Formula Market Competitive Landscape:
The key players operating in the market include Danone, MEAD JOHNSON & COMPANY, LLC, FrieslandCampina, Bellamy’s Organic, Abbott, The Kraft Heinz Company, HiPP, PERRIGO, Arla Foods amba, Topfer GmbH, Yashili New Zealand, Beingmate, DANA DAIRY GROUP, and FRISO SINGAPORE.