Global Lactose-free Infant Formula Market was valued at USD 20.15 billion in 2023 and is expected to grow to USD 29.76 billion by 2029 with a CAGR of 6.72% during the forecast period.

The Australia lactose free infant formula market size was valued at USD 83.70 Million in 2024. The market is further projected to grow at a CAGR of 3.20% between 2025 and 2034, reaching a value of USD 114.69 Million by 2034.

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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.

Major Market Trends & Insights

APAC dominated the market and accounted for a 31% growth during the forecast period.
By the Product - Infant formula segment was valued at USD 38.40 billion in 2023
By the Type - Milk formula segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 94.69 billion
Market Future Opportunities: USD 46886.50 billion 
CAGR : 8.2%
APAC: Largest market in 2023

Market Summary

The market is a significant sector within the global food industry, witnessing continuous growth and evolution. According to recent market studies, the demand for baby food and infant formula is projected to expand at a steady pace, with a focus on organic and specialty formulas. The organic baby food segment is expected to witness notable growth due to increasing consumer awareness and preference for healthier options. Additionally, the market for specialty infant formulas, catering to specific dietary needs, is also gaining traction. Despite these positive trends, the market faces challenges such as stringent regulations and concerns over product safety.
For instance, the number of product recalls in the infant formula sector has increased in recent years, highlighting the need for enhanced quality control measures. Nevertheless, companies are investing in research and development to introduce innovative solutions, such as nutrient-dense, allergy-friendly, and sustainable formulas. These advancements underscore the dynamic nature of the market and its commitment to meeting the evolving needs of families and infants.

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

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The market exhibits a steady expansion, with current sales accounting for approximately 50% of the global market share in the infant nutrition sector. Looking ahead, this segment is projected to witness a growth rate of around 4% yearly. Notably, the demand for organic and allergy-friendly options is on the rise, with these categories accounting for nearly a third of the market. In contrast, conventional baby food and formula represent slightly over half of the market share. This trend underscores the increasing importance of catering to diverse consumer preferences and dietary requirements. Moreover, advancements in product formulation and nutrient bioavailability have led to significant improvements in infant nutrition, ensuring optimal growth and development.
These innovations have contributed to the increasing popularity of ready-to-feed and powdered infant formula, which together make up the majority of the market. As the industry continues to evolve, companies focus on quality assurance, regulatory compliance, and sensory attributes to meet the growing demands of consumers and regulatory bodies. This commitment to excellence is essential for maintaining consumer trust and ensuring the long-term success of businesses in this sector.

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 segment is projected to experience significant growth, driven by changing lifestyles, rising health awareness, and evolving consumer preferences. Approximately 27% of infants in the United States rely exclusively on bottle-feeding, underscoring the demand for advanced infant formula manufacturing processes that replicate breast milk composition. Formulations increasingly emphasize product formulation strategies that incorporate whey protein, essential vitamins, and mineral content to align with nutritional guidelines and dietary recommendations. Nutrient bioavailability and digestibility testing are critical for ensuring optimal absorption, while food safety standards,

The global whole goat milk powder market is experiencing robust growth, driven by increasing consumer awareness of its nutritional benefits and rising demand for specialized infant formulas and health-conscious food products. The market's unique selling proposition lies in goat milk's hypoallergenic properties and its higher digestibility compared to cow's milk, catering to a growing segment of consumers with lactose intolerance or milk allergies. This trend is further fueled by the increasing disposable incomes in developing economies and a shift towards healthier lifestyle choices. While precise market sizing data is not provided, based on industry averages and similar product categories exhibiting strong growth (e.g., other specialty milk powders), a reasonable estimate for the 2025 market size could be in the range of $500 million to $750 million. Assuming a Compound Annual Growth Rate (CAGR) of 7-10% (a conservative estimate based on general market trends for similar products), the market is projected to reach $800 million to $1.2 billion by 2033. Major players such as FIT, CBM, Australian Nature Dairy, and others are actively involved in expanding their product portfolios and geographical reach to capitalize on this growing market. However, challenges such as fluctuating raw material prices, limited availability of high-quality goat milk, and stringent regulatory requirements related to food safety and labeling could hinder market growth. Further research and development in goat milk processing technology, along with efforts to increase goat milk production sustainably, will be crucial to meeting the rising global demand. The market is segmented based on various factors including product type (infant formula, adult nutrition, etc.), distribution channels, and geographical regions. Market penetration in developing countries presents significant opportunities for expansion, although overcoming logistical and infrastructure limitations will require strategic investments. Ultimately, the long-term prospects for the whole goat milk powder market appear positive, driven by consumer demand and ongoing innovation within the industry.

Goat Milk Infant Formula Market Outlook

According to our latest research, the global goat milk infant formula market size reached USD 2.9 billion in 2024, reflecting robust momentum driven by increasing consumer awareness and demand for alternative infant nutrition sources. The market is expanding at a CAGR of 8.2% and is forecasted to attain a value of USD 5.8 billion by 2033. This growth is primarily fueled by the rising incidence of cow milk allergies among infants, growing preference for natural and easily digestible formulas, and the expanding health-conscious parent demographic. As per our latest research, the sectorÂ’s dynamic growth is further supported by advancements in product formulations and wider availability across multiple channels.

One of the most significant growth factors for the goat milk infant formula market is the increasing prevalence of lactose intolerance and cow milk protein allergies among infants worldwide. Parents are actively seeking alternative sources of infant nutrition that are gentle on the digestive system, and goat milk has emerged as a preferred choice due to its unique protein structure and lower allergenic potential. The similarity of goat milk to human breast milk in terms of oligosaccharide content and fat composition has made it an attractive option for parents who are unable to breastfeed or whose infants have sensitivities to conventional cow milk formulas. Additionally, the growing body of scientific evidence supporting the nutritional benefits of goat milk, including its higher levels of certain vitamins and minerals, has further propelled its adoption in infant nutrition.

Another key driver shaping the goat milk infant formula market is the increasing emphasis on clean-label and organic products within the infant nutrition sector. Modern parents are more discerning than ever, seeking products with minimal additives, natural ingredients, and transparent sourcing. Goat milk formulas, often perceived as a more natural and less processed alternative, align well with these evolving consumer preferences. Manufacturers are responding by introducing organic and non-GMO goat milk infant formulas, and by highlighting the traceability and sustainability of their supply chains. This shift is not only enhancing brand trust but also enabling premium pricing, thereby contributing to overall market growth and profitability.

The expansion of distribution channels has also played a pivotal role in the marketÂ’s growth trajectory. The proliferation of online retail platforms has made goat milk infant formula more accessible to a broader consumer base, especially in emerging economies where brick-and-mortar availability may be limited. E-commerce platforms enable parents to compare products, read reviews, and make informed purchasing decisions from the comfort of their homes. Additionally, the growing presence of goat milk infant formula in supermarkets, hypermarkets, and specialty stores has further facilitated market penetration. The increased visibility and availability of these products, coupled with strategic marketing initiatives and educational campaigns, have significantly boosted consumer confidence and accelerated adoption rates.

The introduction of UHT Goat Milk into the market is a noteworthy development that aligns with the growing demand for convenient and long-lasting dairy alternatives. UHT, or Ultra-High Temperature processing, ensures that the milk is sterilized and can be stored for extended periods without refrigeration. This makes it an ideal choice for parents who seek the nutritional benefits of goat milk but require a product that fits into their busy lifestyles. The availability of UHT Goat Milk not only expands the options for infant nutrition but also supports the trend towards shelf-stable products that maintain quality and safety. As more consumers become aware of the advantages of UHT processing, its adoption is likely to increase, further diversifying the offerings within the goat milk infant formula market.

From a regional perspective, the Asia Pacific region has emerged as the largest and fastest-growing market for goat milk infant formula, driven by rising disposable incomes, increasing urbanization, and changing dietary habits. Countries like China, Australia, and New Zealand are at the forefront of this growth, supported by favorable regulat

The global non-fat goat milk market is experiencing robust growth, driven by increasing consumer awareness of its health benefits and rising demand for alternative dairy products. The market is characterized by a strong preference for healthier, lactose-free options, fueled by growing lactose intolerance rates and a shift towards plant-based and alternative protein sources. This trend is particularly noticeable in developed regions like North America and Europe, where consumer purchasing power and health consciousness are high. Furthermore, the rising incidence of allergies and intolerances to cow's milk is significantly boosting the demand for goat milk alternatives, particularly non-fat varieties, which offer similar nutritional benefits without the added fat content. Key players in the market are leveraging innovative product development strategies, focusing on value-added products like non-fat goat milk powder and infant formulas, to cater to evolving consumer preferences and expand market reach. The competitive landscape is moderately fragmented, with established players like FIT, CBM, and Australian Nature Dairy competing with regional brands and emerging players. Strategic partnerships, mergers and acquisitions, and geographic expansion are expected to further shape market dynamics in the coming years. Looking ahead, the non-fat goat milk market is poised for continued expansion, projected to maintain a healthy CAGR throughout the forecast period (2025-2033). This growth will be underpinned by ongoing innovation in product formulations, expansion into new markets, and the growing adoption of convenient packaging formats. However, challenges remain, including fluctuating raw material prices, potential supply chain disruptions, and the need to overcome consumer perceptions regarding the taste and availability of goat milk. Nonetheless, with increasing investments in research and development, and a sustained focus on marketing and education, the non-fat goat milk market is well-positioned to achieve significant growth and capture a larger share of the global dairy market. We estimate a market size of approximately $2.5 billion in 2025, growing to $4 billion by 2033 based on a conservative CAGR of 5%.

The global whole goat milk powder market is experiencing robust growth, driven by increasing consumer awareness of its nutritional benefits and rising demand for premium dairy products. The market's value is estimated at $500 million in 2025, projecting a compound annual growth rate (CAGR) of 7% from 2025 to 2033. Several factors contribute to this expansion. Firstly, goat milk is increasingly recognized as a hypoallergenic alternative to cow's milk, appealing to parents with children suffering from lactose intolerance or allergies. Secondly, the rising popularity of functional foods and beverages incorporating goat milk powder further fuels market growth. This includes its use in infant formula, nutritional supplements, and specialized dairy products targeting health-conscious consumers. Thirdly, the growing global population and increasing disposable incomes in developing economies are expanding the market's consumer base. Leading companies such as FIT, CBM, Australian Nature Dairy, and others are strategically investing in research and development, product innovation, and expanding their distribution networks to capitalize on this burgeoning market. However, challenges remain. Fluctuations in raw material prices (goat milk) and supply chain disruptions can impact production costs and profitability. Furthermore, stringent regulations related to food safety and quality control can create hurdles for market entrants. Despite these challenges, the long-term growth outlook for whole goat milk powder remains positive, fueled by shifting consumer preferences towards healthier and more specialized dairy products. The market segmentation shows significant opportunities within specific geographical regions and product applications. The competitive landscape is relatively fragmented, offering both established players and newer entrants the chance to establish a strong market presence through strategic initiatives like product diversification and expansion into new markets.

The Milk Powder Manufacturing industry has faced challenging conditions in recent years. Domestic milk production has declined, reducing industry output and lifting milk prices. Unfavourable weather conditions, like flooding in 2022-23, and mandatory minimum farmgate milk price disclosure under the Dairy Industry Code of Conduct 2020 have further elevated prices. Supply-side pressures have driven manufacturers to sell almost all products overseas, with exports contributing significantly to revenue. Free trade agreements with countries like Indonesia and China have provided attractive tariffs, boosting foreign demand. Asia’s rising middle class has driven consumers to seek high-quality milk powder from premium dairy-producing countries, favouring Australian products like infant formula and adult milk powder. Although pandemic-induced stockpiling in China temporarily boosted exports, a stronger Australian dollar, along with sluggish economic conditions and low household income in China, has recently diminished export sales. Overall, industry revenue is expected to have fallen at an annualised 7.5% over the five years through 2024-25, to $768.2 million. This includes an anticipated 5.6% plunge in 2024-25 due to falling prices and production across product segments. The industry is in decline, set to grow slower than the economy over the 10 years through 2029-30. Major companies have optimised their milk powder production, slightly mitigating high operating costs. For example, Saputo shut down a production line, and Fonterra plans to sell multiple brands. However, meagre profitability has squeezed out many small-scale manufacturers, causing enterprise and establishment numbers to drop. Average wages have risen due to higher payments to skilled workers over the past few years. Yet manufacturers’ adoption of automated machinery has replaced manual workers, diminishing the industry’s employment and total wage costs. Revenue is projected to fall marginally over the coming years. The milk pool is forecast to shrink, constraining the output available to local and overseas markets. Growing New Zealand counterparts are set to capture unmet demand, shaking Australian manufacturers’ market position. The industry’s reputation will retain loyal customers, but a lack of innovation and value-added products is poised to fuel a marginal revenue decline. Overall, revenue is forecast to decrease at an annualised 0.9% over the five years through 2029-30, to $732.9 million.

Lactoferrin Purification Skids Market Outlook

According to our latest research, the global lactoferrin purification skids market size reached USD 146.7 million in 2024. The market is experiencing robust momentum, driven by increasing demand from the dairy, pharmaceutical, and biotechnology sectors. The market is set to grow at a CAGR of 7.4% during the forecast period, with projections indicating it will reach USD 276.1 million by 2033. This growth is primarily fueled by technological advancements in purification equipment, expanding applications of lactoferrin, and rising consumer awareness regarding the health benefits of lactoferrin-enriched products.

The primary growth factor for the lactoferrin purification skids market is the escalating demand for high-purity lactoferrin in the food and pharmaceutical industries. Lactoferrin, a multifunctional glycoprotein, is increasingly recognized for its antimicrobial, antiviral, and anti-inflammatory properties. As consumers become more health-conscious, there is a surge in the consumption of dietary supplements and functional foods fortified with lactoferrin. This trend is compelling manufacturers to invest in advanced purification technologies, ensuring the delivery of high-quality, contaminant-free lactoferrin. Additionally, the global rise in infant formula production, which often utilizes lactoferrin for its immune-boosting properties, further amplifies the need for efficient purification skids.

Another significant growth driver is the technological evolution in purification skids, which has led to enhanced process efficiency, scalability, and automation. Modern lactoferrin purification skids are designed to meet stringent regulatory standards and offer higher throughput, reduced operational costs, and improved product consistency. The integration of automation and digital monitoring systems enables real-time process control and data analytics, ensuring optimal performance and compliance. This technological leap is particularly beneficial for large-scale dairy processors and pharmaceutical companies, who require reliable and reproducible purification processes to meet growing market demands and regulatory requirements.

Furthermore, the expansion of the biotechnology sector is playing a pivotal role in market growth. Biotechnological applications of lactoferrin, such as its use in recombinant protein production and therapeutic formulations, are gaining traction. Research institutes and biotech firms are increasingly investing in specialized purification skids to isolate lactoferrin with high purity and activity. This trend is reinforced by ongoing R&D initiatives aimed at exploring new therapeutic uses of lactoferrin, ranging from cancer treatments to antimicrobial therapies. As a result, the demand for advanced purification solutions is expected to remain strong, fostering sustained growth in the lactoferrin purification skids market.

From a regional perspective, Asia Pacific is emerging as the fastest-growing market for lactoferrin purification skids, driven by the rapid expansion of the dairy industry and increasing investments in biotechnology and pharmaceuticals. Countries like China, India, and Australia are witnessing a surge in lactoferrin production and consumption, supported by favorable government policies and rising health awareness. North America and Europe continue to dominate the market in terms of revenue, owing to their well-established dairy processing infrastructure and high adoption of advanced purification technologies. Meanwhile, Latin America and the Middle East & Africa are gradually catching up, fueled by growing investments in food processing and healthcare sectors. This diverse regional landscape underscores the global appeal and potential of the lactoferrin purification skids market.

Type Analysis

The lactoferrin purification skids market by type is segmented into automated skids, semi-automated skids, and manual skids. Automated skids are commanding the largest share of the market, owing to their superior process control, consistency, and efficiency. These skids are equipped with advanced sensors, programmable logic controllers (PLCs), and digital interfaces that allow for real-time monitoring and automatic adjustment of process parameters. This high level of automation minimizes human intervention, reduces the risk of contamination, and ensures reproducibility, making them the preferred choice for large-scale dairy processors and pharmaceu