100+ datasets found
  1. A

    Infant Milk Formula Market Study by Starting Milk Formula, Follow-on Milk...

    • factmr.com
    csv, pdf
    Updated May 21, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Fact.MR (2024). Infant Milk Formula Market Study by Starting Milk Formula, Follow-on Milk Formula, Toddler Milk Formula Sold through Specialty Stores, Supermarkets, Online Retail, and Pharmacies from 2024 to 2034 [Dataset]. https://www.factmr.com/report/infant-milk-formula-market
    Explore at:
    csv, pdfAvailable download formats
    Dataset updated
    May 21, 2024
    Dataset provided by
    Fact.MR
    License

    https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy

    Time period covered
    2024 - 2034
    Area covered
    Worldwide
    Description

    The global infant milk formula market is projected to increase from a valuation of US$ 6.3 billion in 2024 to US$ 22.35 billion by the end of 2034, expanding at a CAGR of 13.5% over the next decade (2024 to 2034).

    Report AttributeDetail
    Infant Milk Formula Market Size (2024E)US$ 6.3 Billion
    Forecasted Market Value (2034F)US$ 22.35 Billion
    Global Market Growth Rate (2024 to 2034)13.5% CAGR
    Canada Market Growth Rate (2024 to 2034)14% CAGR
    China Market Value (2034F)US$ 2.45 Billion
    North America Market Share (2024E)23.9%
    East Asia Market Share (2034F)23.1%
    Key Companies ProfiledWyeth; Feihe; Danone; Frise; Mead Johnson & Company; Abbott Laboratories; Synutra International Inc.; Yili Group; Kraft Heinz Company; Meiji Holdings Co. Ltd.; FrieslandCampina N.V.

    Country-wise Evaluation

    AttributeCanada
    Market Value (2024E)US$ 505.9 Million
    Growth Rate (2024 to 2034)14% CAGR
    Projected Value (2034F)US$ 1.87 Billion
    AttributeSouth Korea
    Market Value (2024E)US$ 313.3 Million
    Growth Rate (2024 to 2034)14.3% CAGR
    Projected Value (2034F)US$ 1.19 Billion

    Category-wise Insights

    AttributeStarting Milk Formula
    Segment Value (2024E)US$ 2.49 Billion
    Growth Rate (2024 to 2034)13.3% CAGR
    Projected Value (2034F)US$ 8.67 Billion
    AttributeSpecialty Stores
    Segment Value (2024E)US$ 2.13 Billion
    Growth Rate (2024 to 2034)13.2% CAGR
    Projected Value (2034F)US$ 7.35 Billion
  2. F

    Infant Formula Market Analysis - Size, Share, and Forecast Outlook 2025 to...

    • futuremarketinsights.com
    html, pdf
    Updated Jun 28, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Future Market Insights (2025). Infant Formula Market Analysis - Size, Share, and Forecast Outlook 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/infant-formula-market
    Explore at:
    html, pdfAvailable download formats
    Dataset updated
    Jun 28, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The global infant formula market is expected to experience substantial growth over the next few years, with its market value estimated at USD 54.48 million in 2025. This growth trajectory is set to continue robustly, reaching an anticipated value of USD 125.46 million by 2035. The market is forecasted to grow at a CAGR of 8.7% between 2025 and 2035

    MetricValue
    Industry Size (2025E)USD 54.48 million
    Industry Value (2035F)USD 125.46 million
    CAGR (2025 to 2035)8.7%

    Country wise Insights

    CountriesCAGR, 2025 to 2035
    United States4.0%
    UK2.3%
    China6.8%

    Category-wise Insights

    SegmentValue Share (2025)
    Starting Milk (Product Type)48%
    SegmentValue Share (2025)
    Powder (Product Form)65%
  3. c

    Organic Infant Formula market size will be $47,173.04 Million by 2029.

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Jan 1, 2023
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Cognitive Market Research (2023). Organic Infant Formula market size will be $47,173.04 Million by 2029. [Dataset]. https://www.cognitivemarketresearch.com/organic-infant-formula-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 1, 2023
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    As per Cognitive Market Research's latest published report, the Global Organic Infant Formula market size will be $47,173.04 Million by 2029. Organic Infant Formula Industry's Compound Annual Growth Rate will be 11.07% from 2023 to 2030.

    The North America Organic Infant Formula market size will be USD 16,126.10 Million by 2029.
    

    What are the key driving factors for the Organic Infant Formula Market?

    Benefits offered by organic infant formula as compared to regular/conventional infant formula
    

    In this new era, consumer mindset has seen a huge gradual shift towards organic products in every sector. For instance, organic products are in great demand in skincare sector, and food sector. This is due to the rise in awareness related to reason; organic products are healthier as compared to their counterparts that contain synthetic ingredients and other unhealthy & unwanted components. The similar customer mindset shift has been associated with the infant formula.

    Infant formula is a great substitute for the breast milk. For instance, infant formula contains vital nutrients and vitamins such as Vitamin A, B Vitamins, and others essential for the growth of the baby. These formulas also contain minerals such as calcium, zin and iron which is important for the infant.

    Furthermore, these alternatives are presumed to be healthy for the growing infants. For instance, organic formula meets higher standards to receive certifications, including being non-GMO, using certified organic ingredients and processing aids, and complying with the national list of allowed and prohibited substances. Hence, this makes organic infant formula healthier when compare to conventional or regular infant formulas. Thus, organic infant formula is a preferred choice for clinicians and parents across the globe. In addition, following are some comparison points which make an organic infant formula a preferred choice over regular infant formula:

    Restraints for Organic Infant Formula Market

    High prices of the products in underdeveloped and developing countrie.(Access Detailed Analysis in the Full Report Version)
    

    Opportunities for Organic Infant Formula Market

    Rise in focus of industry players on organic infant formula.(Access Detailed Analysis in the Full Report Version)
    

    Introduction of Organic Infant Formula

    Organic formula is referred to the baby formula which is free from harmful substances such as pesticide residue, synthetic chemicals, preservatives, growth hormones, artificial colors, flavors and others toxic chemical substances. According to USDA organic requirements and EU organic requirements, for any infant formula to certified as organic infant formula, at least 95% of the composed ingredient needed to be organic. The organic infant formula comprises several ingredients including organic lactose, vital vitamins, minerals, prebiotics, probiotics among others.

    The organic infant formula is associated with several advantages such as it ensures that baby is getting all the essential and required thing needed for healthy growth. Moreover, it also facilitates convenience and schedule flexibility with an assurance that the baby feed is free from all the harmful chemical and substances.

    The report has segmented the market on the basis of type of organic infant formula which includes starting milk formula, follow-on milk formula, special milk formula and others. The report has also included the formulation types such as powdered formula, concentrated liquid formula, ready to feed formula and distribution channel (hypermarkets & supermarkets, convenience stores, online and others)

    With the increasing birth rate across the globe and rising concerns to feed the baby safest products, parents generally prefer the organic infant food for their babies which is one of the prime factors for growth of organic infant formula.

  4. Baby Food And Infant Formula Market Analysis, Size, and Forecast 2025-2029:...

    • technavio.com
    Updated Jun 23, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Technavio (2024). Baby Food And Infant Formula Market Analysis, Size, and Forecast 2025-2029: North America (Mexico), Europe (France, Germany, Italy, and UK), Middle East and Africa (UAE), APAC (Australia, China, India, Japan, and South Korea), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/baby-food-and-infant-formula-market-industry-analysis
    Explore at:
    Dataset updated
    Jun 23, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United Kingdom, Global
    Description

    Snapshot img

    Baby Food And Infant Formula Market Size 2025-2029

    The baby food and infant formula market size is forecast to increase by USD 46.89 billion, at a CAGR of 8.2% between 2024 and 2029.

    The market is characterized by the continuous launch of new organic baby food products, catering to the growing consumer preference for healthier and natural options. This trend is driven by increasing health awareness and the desire for clean label products, as parents seek to provide the best for their infants. However, the market faces challenges, including the rising number of product recalls due to contamination issues, which can negatively impact consumer trust and brand reputation. Companies must prioritize stringent quality control measures and adhere to regulatory standards to mitigate these risks and maintain consumer confidence.
    Navigating these dynamics requires strategic planning and a focus on product innovation, ensuring the development of safe, nutritious, and organic offerings that cater to evolving consumer demands.
    

    What will be the Size of the Baby Food And Infant Formula Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market continues to evolve, shaped by various dynamics that impact its applications across retail distribution, labeling requirements, e-commerce platforms, and more. Innovation pipeline and sustainability practices are key areas of focus, with pricing strategies and vitamin D fortification also playing significant roles. Supply chain management and quality assurance are essential for ensuring consumer safety and adherence to dietary guidelines, particularly in the production of premature infant formula and those catering to early childhood development. Consumer preferences for soy-based formula, age-appropriate feeding, and shelf life are driving market trends. Market intelligence and target audience segmentation are crucial for pediatrician recommendations and brand loyalty.

    Industry reports and data analytics provide valuable insights into raw material sourcing, product recalls, and growth and development. Lactose intolerance and food allergies necessitate allergen control and hydrolyzed formula. Manufacturing processes undergo food safety audits, while social media marketing and content marketing strategies expand reach. Customer relationship management and brand positioning are essential for maintaining consumer trust. Market forecasting and follow-on formula cater to emerging trends, such as microbiological testing, DHA and ARA, organic ingredients, health and wellness, and ethical sourcing. Environmental impact and feeding practices are increasingly important considerations in product development and innovation. Iron fortification and dairy-based formula remain staples in the market.

    The baby food and infant formula industry remains a dynamic and evolving landscape, with ongoing market activities shaping its future.

    How is this Baby Food And Infant Formula Industry segmented?

    The baby food and infant formula industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Product
    
      Infant formula
      Baby food
    
    
    Type
    
      Milk formula
      Dried baby food
      Prepared baby food
      Others
    
    
    Formulation
    
      Organic
      Conventional
    
    
    Age Group
    
      0-6 Months
      6-12 Months
      12-36 Months
    
    
    Geography
    
      North America
    
        US
        Mexico
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      Middle East and Africa
    
        UAE
    
    
      APAC
    
        Australia
        China
        India
        Japan
        South Korea
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    .

    By Product Insights

    The infant formula segment is estimated to witness significant growth during the forecast period.

    The infant formula market experiences continuous growth due to the rising number of working mothers and increasing health consciousness among consumers. This market encompasses two primary protein types: casein and whey, derived from modified cow milk. Infant formula is fortified with vitamins, minerals, carbohydrates, and vegetable oils to closely mimic breast milk's nutritional content. Casein, the dominant protein in cow milk, is present in these products, but they often contain whey protein to better align with the protein composition of breast milk. However, infant formula cannot perfectly replicate breast milk's unique amino acid profile. Sustainability practices and e-commerce platforms are transforming the market, with retail distribution channels adapting to meet evolving consumer preferences.

    Labeling requirements ensure transparency, while supply chain management optimizes production and delivery. Lactose intol

  5. Z

    Infant Formula Market By Ingredient (Protein Hydrolysate, Whey Protein...

    • zionmarketresearch.com
    pdf
    Updated Jul 22, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Infant Formula Market By Ingredient (Protein Hydrolysate, Whey Protein Concentrate, and Soy Protein Concentrate), By Product Type (Special Milk, Toddlers Milk, Follow-On-Milk, and Starting Milk), By Distribution Channel (Online Retail and Store-Based Retailing), By Form (Liquid, Powder, and Ready to Feed), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030 [Dataset]. https://www.zionmarketresearch.com/report/infant-formula-market-size
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Jul 22, 2025
    Dataset authored and provided by
    Zion Market Research
    License

    https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global
    Description

    The global Infant formula market size was valued USD 70.98 billion in 2022 and is expected to rise to USD 153.26 billion by 2030 at a CAGR of 10.10%.

  6. D

    Milk Infant Formula Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Dataintelo (2025). Milk Infant Formula Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-milk-infant-formula-market
    Explore at:
    csv, pptx, pdfAvailable download formats
    Dataset updated
    Jan 7, 2025
    Authors
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Milk Infant Formula Market Outlook



    The global milk infant formula market size is witnessing significant growth, with projections indicating an expansion from USD 52 billion in 2023 to approximately USD 75 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.1%. This robust growth trajectory is driven by increasing awareness among parents regarding the nutritional benefits of infant formulas as a vital alternative or supplement to breast milk. Factors such as the rising number of working mothers, urbanization, and the proliferation of nuclear families have contributed to the burgeoning demand for convenient and nutritious feeding solutions for infants, further propelling the market's upward trajectory.



    The growing emphasis on infant nutrition is a major driver for the milk infant formula market. Parents are becoming increasingly conscious of the importance of providing balanced nutrition to their infants, recognizing that the first few years of life are crucial for a child's cognitive and physical development. The convenience offered by infant formula, along with its ability to closely mimic the nutritional profile of breast milk, makes it an attractive option for parents seeking to ensure the well-being of their children while balancing modern-day lifestyles. Moreover, advancements in formula composition, with fortified vitamins, minerals, and probiotics, are enhancing the overall nutritional value of these products, thus boosting their adoption worldwide.



    Another significant growth factor is the increasing number of women entering the workforce. This demographic shift has increased the demand for alternative feeding options that can complement breastfeeding, especially when the mother is not physically available to nurse her child. Working mothers require reliable, nutritious, and convenient feeding options, and milk infant formula fits this need perfectly. Companies are actively investing in research and development to innovate and produce infant formulas that are not only nutritionally rich but also cater to specific needs such as lactose intolerance or cow milk protein allergies. As a result, the market is witnessing a proliferation of diverse products tailored to meet varied consumer demands.



    Furthermore, the rapid urbanization and rise in disposable incomes in emerging economies are contributing to the market's growth. As more people move to urban areas and adopt Western lifestyles, they are increasingly turning to pre-packaged food solutions, including infant formula, due to the ease and efficiency they offer. The growing middle class in countries like China and India is particularly significant, as these consumers are willing to spend more on premium infant nutrition solutions. The awareness campaigns and marketing strategies employed by major players in these regions also play a crucial role in educating consumers about the benefits of using specialized infant formulas, thus driving market growth.



    The market for Infant Dairy Products is also experiencing a surge in demand, driven by the same factors propelling the milk infant formula market. As parents become more aware of the nutritional needs of their infants, they are increasingly turning to specialized dairy products that cater to these needs. These products, often enriched with essential nutrients and probiotics, offer an alternative to traditional formulas, providing parents with more options to ensure their infants receive comprehensive nutrition. The convenience and variety offered by infant dairy products make them an appealing choice for modern families who value both health and practicality.



    Regionally, Asia Pacific is poised to be a significant contributor to the milk infant formula market's growth. This region is experiencing rapid economic development and urbanization, coupled with a high birth rate, making it a lucrative market for infant formula manufacturers. The increasing adoption of Western lifestyles and the rise in women's participation in the workforce are driving the demand for convenient infant feeding solutions. Furthermore, government initiatives to reduce infant malnutrition and the presence of key market players investing in this region are expected to bolster the market's expansion. In contrast, North America and Europe are expected to witness steady growth, driven by high consumer awareness and the availability of advanced product offerings.



    Product Type Analysis



    The milk infant formula market is segmented int

  7. I

    Infant Formula Market Report

    • marketresearchforecast.com
    doc, pdf, ppt
    Updated Jun 16, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Market Research Forecast (2025). Infant Formula Market Report [Dataset]. https://www.marketresearchforecast.com/reports/infant-formula-market-3141
    Explore at:
    pdf, doc, pptAvailable download formats
    Dataset updated
    Jun 16, 2025
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The Infant Formula Market size was valued at USD 73.83 USD Billion in 2023 and is projected to reach USD 146.46 USD Billion by 2032, exhibiting a CAGR of 10.28 % during the forecast period. Infant formula is a processed food meant for feeding babies and infants who are below 12 months of age, taking the place of or used alongside breast milk. The types of infant formula are cow’s milk-based, soy-based, hydrolyzed, and those containing proteins that fit the special needs of premature or allergy-sensitive babies. Specific characteristics of the product include, a natural and healthy formula which is easy to digest, and even contains vitamins as well as minerals such as iron and DHA to assist in the development of the brain. Use extends from strict use as a sole food source for their young ones to being used as a complementary food source where there is inadequate breast milk or breastfeeding cannot take place. The advantages of manufactured food are that it’s standardized and always supplies the appropriate nutrients, it may be easier for working parents, and is available for mothers with certain medical conditions or nursing problems. Recent developments include: May 2023 - Arla Foods Ingredients launched an alpha-lactalbumin (alpha)-rich infant formula ingredient called Lacprodan Alpha-50. The new product was launched to meet the growing need for low-protein formulations., April 2023 – Danone Manifesto Ventures, the corporate venture arm of the French dairy giant Danone SA, invested around USD 2 million in Israeli cell-based breast milk startup Wilk. The aim of this investment was to develop cultured breast milk components for infant nutrition/formula using cell-based technology., March 2023 - Danone North America announced the availability of the new hypoallergenic baby formula brand Pepticate in the U.S. to support families with food allergies as the country continues to face a formula shortage. Pepticate is Europe's hypoallergenic, extensively hydrolyzed baby formula designed to relieve cow milk allergy symptoms (CMA) in infants aged 0 to 12 months., March 2022 - ByHeart, an infant nutrition company offering nutritious food for babies, launched its infant formula. Its team spent five years working with breast milk researchers to develop this formula, which includes a patented blend of the two most abundant proteins in breast milk and organic, grass-fed whole milk. The formula offers benefits such as easy digestion, less spit-up, and immune, gut, and cognitive development, all without corn syrup, maltodextrin, soy, or palm oil., January 2021 – Timios, an India-based packaged healthy snack brand for children, launched its "Made to Order Porridge" category for infants and toddlers. The product is designed keeping in mind the nutritional requirements of babies between the ages of 6 to 18 months, is available in 12 variants, and all the ingredients used are 100% Organic, USDA, and India Organic Certified.. Key drivers for this market are: Hectic Lifestyles Coupled With Product Innovations to Propel the Market Growth. Potential restraints include: Stringent Rules and Regulations and Safety Concerns Related to New Products May Hamper the Market Growth. Notable trends are: Increasing Consumer Shift toward Clean-label and Plant-based Products to Fuel the Market Growth.

  8. M

    Milk Infant Formula Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Jul 7, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Market Report Analytics (2025). Milk Infant Formula Report [Dataset]. https://www.marketreportanalytics.com/reports/milk-infant-formula-252773
    Explore at:
    pdf, doc, pptAvailable download formats
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global milk infant formula market is a dynamic and substantial sector, experiencing consistent growth driven by several key factors. Rising birth rates in developing economies, increasing disposable incomes, and a growing awareness of the nutritional benefits of infant formula are significant contributors to market expansion. Furthermore, the increasing participation of women in the workforce necessitates convenient and reliable feeding solutions, fueling demand for infant formula products. The market is segmented by various factors, including product type (powdered, liquid, ready-to-feed), distribution channels (online, offline), and geographical regions. Major players like Nestlé, Abbott, and Danone dominate the market, engaging in intense competition characterized by product innovation, brand building, and strategic partnerships. However, the market also faces challenges, including stringent regulatory frameworks, fluctuating raw material prices, and concerns about the potential health implications of formula feeding compared to breastfeeding. These factors influence pricing strategies and product development choices within the industry. The forecast period (2025-2033) projects continued growth, albeit at a potentially moderating CAGR, as market saturation in developed economies and shifting consumer preferences toward organic and specialized formulas influence future market dynamics. Competitive pressures are likely to intensify as smaller, niche players leverage specialized products and direct-to-consumer strategies. Growth will likely be regionally diverse, with emerging markets in Asia and Africa potentially exhibiting higher growth rates than mature markets in North America and Europe. This will require manufacturers to adapt their strategies based on local consumer preferences, regulatory landscapes, and infrastructural limitations. Successful companies will prioritize innovation, sustainable sourcing practices, and effective marketing campaigns targeted at diverse consumer segments. A focus on transparency regarding ingredients and manufacturing processes will also be crucial for building consumer trust and brand loyalty.

  9. c

    The global Goat Milk Infant Formula market size will be USD 1624.5 million...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Cognitive Market Research, The global Goat Milk Infant Formula market size will be USD 1624.5 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/goat-milk-infant-formula-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Goat Milk Infant Formula market size will be USD 1624.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 649.80 million in 2024 and will rise at the compound annual growth rate (CAGR) of 6.2% from the year 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 487.35 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 373.64 million in 2024 and will rise at the compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 81.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from the year 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 32.49 million in 2024 and will rise at the compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
    The first class (6-12 months) goat milk infant formulas category is the fastest growing segment of the Goat Milk Infant Formula industry
    

    Market Dynamics of Goat Milk Infant Formula Market

    Key Drivers for Goat Milk Infant Formula Market

    Growing Demand for Alternative Infant Nutrition to Boost Market Growth

    The key driving factor for the goat milk infant formula market is the increasing demand for alternative infant nutrition solutions. Parents are becoming more acquainted with the potential benefits of goat milk as an alternative to traditional cow's milk, particularly for infants with sensitivities or allergies. Goat milk is considered easier to digest due to its smaller fat globules and different protein structures, which can make it a suitable option for infants who may experience gastrointestinal discomfort with cow's milk formulas. Additionally, goat milk is naturally rich in essential nutrients such as vitamins A, B2, and D, as well as minerals like calcium and phosphorus, which are crucial for an infant's growth and development. As parents seek healthier and more suitable nutrition options for their children, the market for goat milk infant formula is expected to continue its upward trajectory, fueled by this shift in consumer preferences. For instance, Kendamil launched the Goat Milk Infant and Toddler Formula range in the United States. Kendamil Goat utilizes the unique and scientifically validated properties of goat milk to provide a new, naturally gentle option for babies.

    Rise in Health Consciousness Among Parents to Drive Market Growth

    The rise in health consciousness among parents regarding their children's nutrition drives the market growth. With the surging focus on natural and organic products, many parents are actively seeking out high-quality, nutritious options for their infants. Goat milk infant formula often meets these criteria, as it is perceived to be more wholesome and closer to breast milk compared to conventional formulas. This perception, combined with the growing trend of clean-label products free from artificial additives and preservatives, is influencing consumer purchasing decisions. Furthermore, the increasing availability of goat milk infant formulas through online and retail channels is making it more accessible to parents. As health consciousness continues to shape consumer behavior, the goat milk infant formula market is likely to expand, catering to the demand for natural and nutritious feeding options for infants.

    Restraint Factor for the Goat Milk Infant Formula Market

    Supply Chain Challenges and Production Costs Will Limit Market Growth

    Goat milk is less widely produced than cow's milk, leading to potential limitations in sourcing and availability. The lower scale of goat dairy farms can result in higher prices for raw goat milk, which translates to increased production costs for manufacturers. Additionally, maintaining quality and safety standards throughout the supply chain can be more complex, as goat milk requires specific handling and processing to ensure it meets nutritional and regulatory standards. These factors can limit market penetration, especially in price-sensitive regions where consumers may opt for more affordable cow's milk-based...

  10. Market share of leading infant milk formula companies in China 2023

    • statista.com
    Updated Jun 23, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2025). Market share of leading infant milk formula companies in China 2023 [Dataset]. https://www.statista.com/statistics/745647/china-major-imf-companies-market-share/
    Explore at:
    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    China
    Description

    As of 2023, Chinese dairy company Feihe remained the leading infant milk formula market player in China, with an about **** percent market share. Yili followed with a market share of **** percent.Infant formula market Since the “one-child policy” restrictions were lifted at the end of 2015, China saw a sudden increase in the number of newborns. While the new policy effect on the birthrate proved to be short-term, the mother and baby product market has been booming in China. Infant formula is one of the most in-demand and frequently purchased childcare-related products. The country relies heavily on imported baby food, especially after the globally reported scandal caused by the domestic product melamine contamination resulting in several infant deaths in 2008. China’s baby milk formula imports peaked in 2019, then fell back to *** thousand metric tons in 2023. Chinese consumers reported product safety and quality to be the most important purchasing decision influencing factors when shopping for baby food in China.China Feihe Limited Domestic infant formula brands account for less than half of the market in China. However, they are on the rise. In 2019, the government laid out new plans aiming to increase the market share of the local baby formula producers further. China Feihe Ltd. is the leading domestic infant formula producer, listed on the Hong Kong Stock Exchange since the end of 2019. The estimated revenue of the Beijing-headquartered company reached **** billion yuan that year and the market cap was the equivalent of more than ** billion yuan.

  11. m

    Comprehensive Milk Infant Formula Market Size, Share & Industry Insights...

    • marketresearchintellect.com
    Updated Jul 7, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Market Research Intellect (2025). Comprehensive Milk Infant Formula Market Size, Share & Industry Insights 2033 [Dataset]. https://www.marketresearchintellect.com/product/global-milk-infant-formula-sales-market/
    Explore at:
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Market Research Intellect
    License

    https://www.marketresearchintellect.com/privacy-policyhttps://www.marketresearchintellect.com/privacy-policy

    Area covered
    Global
    Description

    Learn more about Market Research Intellect's Milk Infant Formula Market Report, valued at USD 75.5 billion in 2024, and set to grow to USD 112.5 billion by 2033 with a CAGR of 5.8% (2026-2033).

  12. Baby Specialty Milk Formula Market Size & Share, Growth Analysis 2037

    • researchnester.com
    Updated Dec 20, 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Research Nester (2024). Baby Specialty Milk Formula Market Size & Share, Growth Analysis 2037 [Dataset]. https://www.researchnester.com/reports/baby-specialty-milk-formula-market/327
    Explore at:
    Dataset updated
    Dec 20, 2024
    Dataset authored and provided by
    Research Nester
    License

    https://www.researchnester.comhttps://www.researchnester.com

    Description

    The baby specialty milk formula market size was valued at USD 44.02 billion in 2024 and is set to exceed USD 81.98 billion by 2037, expanding at over 4.9% CAGR during the forecast period i.e., between 2025-2037. North America industry is poised to dominate majority revenue share by 2037, driven by increasing number of working mothers coupled with the rising number of women returning to work after giving birth.

  13. Cow Milk Infant Formula Market Size, Share, By Type, Process Type,...

    • prophecymarketinsights.com
    pdf
    Updated Dec 2024
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Prophecy Market Insights (2024). Cow Milk Infant Formula Market Size, Share, By Type, Process Type, Application, Distribution Channel, and Region - Trends, Analysis and Forecast till 2035 [Dataset]. https://www.prophecymarketinsights.com/market_insight/cow-milk-infant-formula-market-5711
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Dec 2024
    Dataset provided by
    Authors
    Prophecy Market Insights
    License

    https://www.prophecymarketinsights.com/privacy_policyhttps://www.prophecymarketinsights.com/privacy_policy

    Time period covered
    2024 - 2034
    Area covered
    Global
    Description

    Cow Milk Infant Formula Market Share size and share are expected to exceed USD 73.6 billion by 2035, with a compound annual growth rate (CAGR) of 4% during the forecast period

  14. Baby Milk Market Analysis - Size, Share, & Forecast Outlook 2025 to 2035

    • futuremarketinsights.com
    html, pdf
    Updated Jun 25, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Future Market Insights (2025). Baby Milk Market Analysis - Size, Share, & Forecast Outlook 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/baby-milk-market
    Explore at:
    pdf, htmlAvailable download formats
    Dataset updated
    Jun 25, 2025
    Dataset provided by
    Authors
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The global baby milk market is set to experience significant growth, expanding from USD 17.2 billion in 2025 to USD 29.6 billion by 2035, registering a CAGR of 5.5% during the forecast period.

    MetricValue
    Estimated Size (2025E)USD 17.2 billion
    Projected Value (2035F)USD 29.6 billion
    CAGR (2025 to 2035)5.5%

    Top Countries Manufacturing, Innovating, Distributing, and Regulating Baby Milk

    CountriesCAGR (2025 to 2035)
    United States5.2%
    United Kingdom4.8%
    France4.4%
    Germany4.5%
    India6.5%
  15. m

    Goat Milk Infant Formula Market Size, Share | CAGR of 7.2%

    • market.us
    csv, pdf
    Updated May 2, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Market.us (2025). Goat Milk Infant Formula Market Size, Share | CAGR of 7.2% [Dataset]. https://market.us/report/global-goat-milk-infant-formula-market/
    Explore at:
    csv, pdfAvailable download formats
    Dataset updated
    May 2, 2025
    Dataset provided by
    Market.us
    License

    https://market.us/privacy-policy/https://market.us/privacy-policy/

    Time period covered
    2022 - 2032
    Area covered
    Global
    Description

    Goat Milk Infant Formula Market size is expected to be worth around USD 18.6 Billion by 2034, from USD 9.3 Billion in 2024, at a CAGR of 7.2%

  16. G

    Goat Milk Infant Formula Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated May 21, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Data Insights Market (2025). Goat Milk Infant Formula Report [Dataset]. https://www.datainsightsmarket.com/reports/goat-milk-infant-formula-1249898
    Explore at:
    pdf, ppt, docAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global goat milk infant formula market is experiencing robust growth, driven by increasing awareness of its nutritional benefits and the rising prevalence of cow's milk protein allergy and lactose intolerance among infants. The market is segmented by application (supermarkets/hypermarkets, retail stores, online selling) and product type (first-class, second-class, third-class based on infant age). While precise market sizing data is unavailable, we can infer substantial growth based on the presence of numerous key players like Ausnutria, Danone, and Holle, indicating a competitive and expanding market. The CAGR, while not provided, is likely to be within the range of 7-10% given the market trends of premium infant formula products and increasing consumer preference for organic and specialized formulas. This growth is fueled by the increasing disposable incomes in developing economies and a growing middle class with higher spending power on premium baby products. The market also benefits from the expanding e-commerce sector, making goat milk formula more accessible to consumers globally. Geographic distribution shows a significant market in Asia Pacific, particularly China, driven by a large population and rising health consciousness. Europe and North America also represent substantial markets, reflecting established consumer preference for premium and specialized infant formulas. However, regulatory hurdles and varying consumer perceptions across regions could pose challenges. The market's future growth trajectory will be significantly influenced by factors such as consumer education regarding goat milk's benefits, the development of innovative products, and the evolving regulatory landscape in key markets. Competition among established brands and the emergence of new players will further shape the market's dynamics. This continued expansion will likely be moderated by pricing pressures and the need for consistent product quality and safety standards.

  17. m

    Cow Milk Infant Formula Market Size, Share & Trends Analysis 2033

    • marketresearchintellect.com
    Updated Jul 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Market Research Intellect (2025). Cow Milk Infant Formula Market Size, Share & Trends Analysis 2033 [Dataset]. https://www.marketresearchintellect.com/product/global-cow-milk-infant-formula-market-size-forecast/
    Explore at:
    Dataset updated
    Jul 7, 2025
    Dataset authored and provided by
    Market Research Intellect
    License

    https://www.marketresearchintellect.com/privacy-policyhttps://www.marketresearchintellect.com/privacy-policy

    Area covered
    Global
    Description

    Dive into Market Research Intellect's report_name, valued at current_value in 2024, and forecast to reach forecast_value by 2033, growing at a CAGR of cagr_value from 2026 to 2033.

  18. D

    Baby Foods and Infant Formula Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
    + more versions
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Dataintelo (2025). Baby Foods and Infant Formula Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/baby-foods-and-infant-formula-market
    Explore at:
    csv, pdf, pptxAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Baby Foods and Infant Formula Market Outlook



    The global baby foods and infant formula market size was valued at approximately USD 70 billion in 2023 and is projected to reach USD 115 billion by 2032, expanding at a robust CAGR of 5.5% during the forecast period. This growth is primarily driven by the increasing awareness among parents regarding the nutritional benefits of baby foods and infant formula. Additionally, a rising global birth rate and the increasing number of working mothers, especially in urban areas, are contributing to the significant expansion of this market. The demand for convenient and high-nutrient food options for infants is a critical driver of the market's growth trajectory.



    One of the key growth factors in the baby food and infant formula market is the increasing disposable incomes of families worldwide. As more households achieve higher income levels, there is a willingness to spend more on premium baby food products that promise enhanced nutritional benefits. Parents are increasingly opting for organic and clean-label products that ensure the safety and well-being of their infants. This trend is particularly pronounced in developed regions, but emerging economies are catching up swiftly due to lifestyle changes and economic advancements. Moreover, the burgeoning e-commerce sector has made it easier for parents to access a wide variety of baby food products, further boosting market growth.



    Technological advancements in food processing and packaging are also playing a crucial role in shaping the market dynamics. The development of innovative packaging solutions that ensure product longevity and quality, alongside user-friendly packaging, is attracting consumer interest. Companies are investing in research and development to produce baby foods that are not only nutritious but also cater to specific dietary needs, such as gluten-free and lactose-free formulas. The introduction of fortified baby foods with added vitamins and minerals to support infant development is another factor spurring the market. These innovations are helping manufacturers to differentiate their offerings and appeal to a broader customer base.



    The growing emphasis on health and wellness is influencing parental choices significantly. Parents are becoming more health-conscious and are seeking baby food products that align with health trends, such as organic, plant-based, and non-GMO products. This shift in consumer preferences is driving the demand for baby foods that are free from preservatives and artificial ingredients. Furthermore, the increasing educational campaigns and initiatives by governments and health organizations to promote breastfeeding and balanced infant nutrition are also impacting the market positively. These campaigns are creating awareness among parents about the importance of proper nutrition during the early stages of a child's life, leading to increased sales of baby foods and formulas.



    The Baby Infant Formula segment is particularly noteworthy within the broader baby food market due to its critical role in infant nutrition. As a substitute for breast milk, infant formula provides essential nutrients that support the growth and development of babies who are not breastfed. The formulation of these products is designed to closely mimic the nutritional profile of breast milk, ensuring that infants receive the necessary vitamins, minerals, and proteins required for healthy development. This focus on nutritional adequacy is a key factor driving innovation and research in the industry, as companies strive to improve the quality and safety of their products.



    Regionally, the Asia Pacific is anticipated to witness substantial growth in the baby foods and infant formula market due to a high birth rate and rapid urbanization. Countries like China and India are showing significant market potential owing to their large population base and improving economic conditions. In contrast, North America and Europe are expected to maintain a stable demand due to the high adoption of premium and organic baby food products. The Middle East & Africa and Latin America are emerging regions that are expected to contribute to the market growth as awareness and access to varied baby food products increase.



    Product Type Analysis



    The baby food and infant formula market is segmented by product type into infant formula, baby cereals, baby snacks, baby purees, and others. Infant formula is a critical segment, representing a substantial portion of the mar

  19. D

    Infant Milk Formula Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Dataintelo (2025). Infant Milk Formula Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-infant-milk-formula-market
    Explore at:
    pdf, csv, pptxAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Infant Milk Formula Market Outlook



    The global infant milk formula market size was estimated to be approximately USD 50 billion in 2023 and is projected to reach around USD 70 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% over the forecast period. The market is driven by the increasing number of working mothers, rising disposable incomes, and the growing awareness of the nutritional benefits of infant formula. With more women entering the workforce, there is a rising demand for convenient and reliable feeding solutions for infants, which is contributing significantly to the market's growth. Additionally, advancements in product formulations are enhancing the nutritional content of infant formulas, making them a favored choice for many parents.



    One of the primary growth factors for the infant milk formula market is the increasing urbanization and the corresponding lifestyle changes. Urban living often necessitates a faster-paced lifestyle, which reduces the time available for traditional breastfeeding practices. Consequently, parents are increasingly turning to infant milk formulas as an alternative that combines convenience with nutritional adequacy. This shift is further supported by the increasing awareness campaigns around child nutrition, which are educating parents on the nutritional needs of infants and how fortified formulas can meet these requirements effectively. Furthermore, innovations in product packaging that enhance the ease of use and storage of infant formulas are also appealing to busy parents, thus propelling market growth.



    The rise in health awareness among consumers is another significant growth factor for the market. Today's consumers are more informed about the ingredients in the products they purchase, demanding transparency and high-quality standards. This has led to a surge in demand for infant milk formulas with enhanced nutritional profiles, including DHA-enriched, organic, and non-GMO options. Manufacturers are responding to these demands by investing in research and development to create products that cater to specific dietary needs and preferences, thereby broadening the appeal of infant formulas across various consumer segments. Additionally, the growing trend towards organic and natural products is opening new avenues for market expansion, as eco-conscious parents seek organic infant formula options.



    Moreover, the burgeoning middle-class population in developing regions is playing a crucial role in the market's growth. As countries in Asia Pacific, Latin America, and the Middle East & Africa continue to experience economic improvements, there is an increasing demand for premium and specialty infant milk formulas. These regions are witnessing a rapid change in consumer purchasing patterns, moving from traditional feeding methods to more modern solutions like infant milk formulas. This shift is not only boosting market demand but also encouraging global players to expand their footprint in these emerging markets, leading to increased market penetration and competition.



    Product Type Analysis



    The infant milk formula market is broadly categorized into four major product types: Standard Infant Formula, Follow-on Formula, Specialty Formula, and Growing-up Milk. Standard infant formula is designed for infants from birth up to 12 months and represents a significant share of the market due to its widespread use as a substitute for breast milk. This segment is expected to maintain strong growth, driven by ongoing improvements in formula composition that mimic the nutritional profile of breast milk more closely. Advances in biotechnology have enabled the development of formulas enriched with essential nutrients like iron, calcium, and vitamins necessary for healthy infant development.



    Specialty Milk Formula is becoming increasingly popular among parents who seek tailored nutritional solutions for their infants. These formulas are specifically designed to address unique dietary needs, such as lactose intolerance, allergies, or digestive issues. Unlike standard formulas, specialty milk formulas often contain modified proteins or alternative ingredients to ensure they are gentle on sensitive stomachs while still providing essential nutrients. This segment is witnessing robust growth as more parents become aware of the benefits of customized nutrition for their children. The rise in medical diagnoses of specific dietary needs has further propelled the demand for these specialized products, encouraging manufacturers to

  20. Retail value of the baby formula market worldwide 2010-2020

    • statista.com
    Updated Nov 14, 2016
    Share
    FacebookFacebook
    TwitterTwitter
    Email
    Click to copy link
    Link copied
    Close
    Cite
    Statista (2016). Retail value of the baby formula market worldwide 2010-2020 [Dataset]. https://www.statista.com/statistics/719436/global-market-size-baby-formula/
    Explore at:
    Dataset updated
    Nov 14, 2016
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2010 - 2015
    Area covered
    Worldwide
    Description

    The retail value of the baby milk formula market worldwide is expected to reach approximately **** billion U.S. dollars by 2020. This is more than double the recorded retail value of the market in 2010.

    What is baby milk formula?

    Baby milk formula, also known as infant formula or simply formula, is produced to feed babies or infants under *** year of age. It usually comes in two forms: powder and liquid. According to sales figures, powder is by far the most popular choice for American parents. Its purpose is to simulate human milk and some babies are fed this from birth when breast feeding is not an option.

    Probiotics

    Some formulas are fortified with probiotics to promote a balance of bacteria within babies. The market value of probiotic infant formula is estimated to increase in the coming years to reach around **** billion U.S. dollars worldwide in 2024.

Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Fact.MR (2024). Infant Milk Formula Market Study by Starting Milk Formula, Follow-on Milk Formula, Toddler Milk Formula Sold through Specialty Stores, Supermarkets, Online Retail, and Pharmacies from 2024 to 2034 [Dataset]. https://www.factmr.com/report/infant-milk-formula-market

Infant Milk Formula Market Study by Starting Milk Formula, Follow-on Milk Formula, Toddler Milk Formula Sold through Specialty Stores, Supermarkets, Online Retail, and Pharmacies from 2024 to 2034

Explore at:
csv, pdfAvailable download formats
Dataset updated
May 21, 2024
Dataset provided by
Fact.MR
License

https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy

Time period covered
2024 - 2034
Area covered
Worldwide
Description

The global infant milk formula market is projected to increase from a valuation of US$ 6.3 billion in 2024 to US$ 22.35 billion by the end of 2034, expanding at a CAGR of 13.5% over the next decade (2024 to 2034).

Report AttributeDetail
Infant Milk Formula Market Size (2024E)US$ 6.3 Billion
Forecasted Market Value (2034F)US$ 22.35 Billion
Global Market Growth Rate (2024 to 2034)13.5% CAGR
Canada Market Growth Rate (2024 to 2034)14% CAGR
China Market Value (2034F)US$ 2.45 Billion
North America Market Share (2024E)23.9%
East Asia Market Share (2034F)23.1%
Key Companies ProfiledWyeth; Feihe; Danone; Frise; Mead Johnson & Company; Abbott Laboratories; Synutra International Inc.; Yili Group; Kraft Heinz Company; Meiji Holdings Co. Ltd.; FrieslandCampina N.V.

Country-wise Evaluation

AttributeCanada
Market Value (2024E)US$ 505.9 Million
Growth Rate (2024 to 2034)14% CAGR
Projected Value (2034F)US$ 1.87 Billion
AttributeSouth Korea
Market Value (2024E)US$ 313.3 Million
Growth Rate (2024 to 2034)14.3% CAGR
Projected Value (2034F)US$ 1.19 Billion

Category-wise Insights

AttributeStarting Milk Formula
Segment Value (2024E)US$ 2.49 Billion
Growth Rate (2024 to 2034)13.3% CAGR
Projected Value (2034F)US$ 8.67 Billion
AttributeSpecialty Stores
Segment Value (2024E)US$ 2.13 Billion
Growth Rate (2024 to 2034)13.2% CAGR
Projected Value (2034F)US$ 7.35 Billion
Search
Clear search
Close search
Google apps
Main menu