Infant Milk Powder Market Outlook

The global infant milk powder market size was valued at approximately USD 45 billion in 2023 and is projected to reach around USD 75 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032. This robust growth is primarily driven by the increasing global birth rate and the rising number of working mothers, which has escalated the demand for convenient and reliable nutrition options for infants.

Several factors contribute to the growth of the infant milk powder market. Firstly, increasing awareness about infant nutrition and the need for balanced diets during early childhood has fueled the demand for infant milk powder. Parents are becoming more conscious of the nutritional content of the products they provide to their children, and infant milk powders are often fortified with essential vitamins and minerals, making them a preferred choice. Furthermore, advancements in infant formula technology have led to the development of products that closely mimic the nutritional profile of human breast milk, enhancing their appeal to health-conscious parents.

Another significant growth factor is the rising number of working mothers globally. As more women enter the workforce, the need for convenient and reliable infant feeding options has increased. Infant milk powder offers a practical solution for busy parents who may not always have the time to breastfeed or prepare fresh baby food. This shift in societal norms and the increasing disposable income of dual-income households have significantly contributed to the market's expansion. Additionally, government initiatives and policies advocating for better maternal and infant health have also played a crucial role in driving market growth.

The expansion of organized retail and e-commerce channels has further bolstered the growth of the infant milk powder market. The widespread availability of these products in supermarkets, hypermarkets, and online stores has made it easier for parents to access high-quality infant nutrition products. The convenience of online shopping and door-to-door delivery services has particularly boosted sales in urban areas. Moreover, aggressive marketing strategies and promotional activities by key players in the industry have increased brand visibility and consumer awareness, further driving market demand.

Formula Milk Powder plays a pivotal role in meeting the nutritional needs of infants, especially for parents who are unable to breastfeed or choose not to. This product is meticulously formulated to provide essential nutrients that support the growth and development of infants. With advancements in nutritional science, formula milk powders are now designed to closely resemble the nutritional profile of human breast milk, making them a reliable alternative. The convenience and ease of preparation make formula milk powder a popular choice among busy parents, ensuring that their infants receive the necessary nourishment even when they are on the go. Additionally, the availability of various types of formula milk powder, such as those catering to specific dietary needs or allergies, further enhances its appeal to a diverse range of consumers.

Regionally, the growth of the infant milk powder market varies, with Asia Pacific leading the charge due to its large population base and high birth rates. North America and Europe are also significant markets, driven by high per capita income and a strong emphasis on infant health and nutrition. In contrast, markets in Latin America and the Middle East & Africa are expected to grow at a moderate pace, influenced by improving economic conditions and increasing urbanization. The regional dynamics of the market are shaped by demographic trends, cultural preferences, and economic factors, making it a complex and multifaceted industry.

Product Type Analysis

The infant milk powder market can be segmented based on product type into Standard Infant Formula, Follow-on Formula, Specialty Formula, and Growing-up Milk. Each of these categories serves distinct needs and age groups, contributing to the overall market diversity and growth. Standard Infant Formula is designed for infants from birth to 12 months and is the most commonly used type of infant formula. This segment commands a significant share of the market due to its wide usage and accessibility. The formulation typically includes essential nutrients that support the early stages of growth and development, making it a

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

Country wise Insights

Category-wise Insights

Discover the booming global infant milk powder market! Explore key drivers, trends, and challenges shaping this $75 billion (2025 est.) industry, projected to reach nearly $100 billion by 2033. Learn about leading brands, regional growth, and future market prospects.

Discover the dynamic global infant milk powder market. This in-depth analysis explores market size, CAGR, key drivers, trends, restraints, and regional performance (North America, Europe, Asia-Pacific, etc.) from 2019-2033, featuring major players like Nestle, Abbott, and Danone. Uncover growth opportunities in this thriving sector.

Global Infant Milk Powder market size 2021 was recorded $26753.1 Million whereas by the end of 2025 it will reach $30463.2 Million. According to the author, by 2033 Infant Milk Powder market size will become $39498.2. Infant Milk Powder market will be growing at a CAGR of 3.3% during 2025 to 2033.

The global infant milk powder market is poised for robust growth, projected to reach a substantial market size of approximately $115,000 million by 2025, with a compelling Compound Annual Growth Rate (CAGR) of around 6.5% during the forecast period of 2025-2033. This expansion is fueled by several key drivers, including the increasing global birth rates, a growing awareness among parents regarding the nutritional benefits of formula milk, and a significant rise in disposable incomes, particularly in emerging economies. The market is further propelled by advancements in product formulation, with manufacturers continuously innovating to develop specialized formulas that cater to specific infant needs, such as hypoallergenic options and those designed for digestive health. The rising demand for premium and organic infant milk powders also signifies a significant trend, reflecting parental concerns about product safety and ingredient quality. The competitive landscape is characterized by the presence of major global players like Mead Johnson, Nestle, and Danone, alongside a growing number of regional and niche brands. These companies are actively investing in research and development, expanding their product portfolios, and focusing on strategic collaborations and acquisitions to solidify their market positions. The market's segmentation by application reveals the dominance of supermarkets/hypermarkets and online retail channels, indicating evolving consumer purchasing habits. Online platforms, in particular, are gaining traction due to their convenience, wider product selection, and competitive pricing. Restraints such as stringent regulatory policies for product safety and quality, and the ongoing debate surrounding breastfeeding versus formula feeding, present challenges. However, the overarching trend of increasing urbanization and access to healthcare infrastructure in developing regions is expected to largely offset these limitations, driving sustained market expansion. Here is a comprehensive report description for Infant Milk Powder, incorporating your specified elements:

The report offers Stage 1-3 Infant Milk Powder Market Dynamics, Comprises Industry development drivers, challenges, opportunities, threats and limitations. A report also incorporates Cost Trend of products, Mergers & Acquisitions, Expansion, Crucial Suppliers of products, Concentration Rate of Steel Coupling Economy. Global Stage 1-3 Infant Milk Powder Market Research Report covers Market Effect Factors investigation chiefly included Technology Progress, Consumer Requires Trend, External Environmental Change.

The Infant Formula Milk Powder market size is projected to grow from USD 28.14 Bn in the year 2022 to USD 53.53 Bn by 2029 at a CAGR of 10.14% from 2021-2029. In Terms of Revenue, Wet Process Type was the Leading segment with 46.28% Share of total Global Infant Formula Milk Powder Market in 2021. In Terms of Revenue, Hypermarkets & Supermarkets was the Leading segment with 38.47% Share of total Global Infant Formula Milk Powder Market in 2021. Asia Pacific was the dominated region with 36.07% of total revenue market share in 2021.

Breast feeding is highly recommended for babies below 6 months. However, 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. 
Due to change in lifestyle, various women across the globe are insufficient to provide complete nutteries to their babies through breast feeding. In such situation, infant formula is the only ideal option to adopt. Further, rising working women population has drastically shift mindset towards products which are hassle free and that can be prepared and fed instantly. This mindset has further created huge opportunities for the market of infant formula milk powder.
However, sometimes use of infant formula has been cited for association with numerous increased health risks. Infants who consume formula milk powder are at high risk of acute otitis media, gastroenteritis, severe lower respiratory tract infections, atopic dermatitis, asthma, obesity, type 1 and 2 diabetes, sudden infant death syndrome (SIDS), eczema and necrotizing enterocolitis when compared to infants who are breastfed. Thus, high risk factors associated with infant formula milk powder may hamper the growth of market.
Manufacturers and health officials advise it is very important to measure powders or concentrates accurately to achieve the intended final product concentration; otherwise, the child will be malnourished. It is advisable that all equipment that comes into contact with the infant formula be cleaned and sterilized before each use. Proper refrigeration is essential for any infant formula which is prepared in advance.

Current Trends on Infant Formula Milk Powders:

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. 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.
Other trends in infant nutrition include a growing interest in new types of formula such as A2 protein-based formula, goat and sheep milk-based formulas.
There is also growing drive to vegan products. Currently, there is only a 4% penetration for vegan claims in the infant nutrition market. However, vegan infant formulation is a challenging process in front of manufacturers as breast milk is clearly not plant-based, it is a bigger challenge to provide vegan infant formula with high enough nutritional quality to meet infants’ needs. However, new developments in upcoming ingredients may enable progress in vegan products and provide a broader range of plant-based foods for all consumers wishing to incorporate more plant-based choices.



Infant formula milk powder is designed and marketed for babies and infants under 12 months of age. The milk powder formula is given 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. Commonly, purified cow's milk whey and casein is used to formulate infant milk powder along with a blend of vegetable oil, lactose, vitamin-mineral mix, and some other variable ingredients.
Besides breast milk, infant formula is the only other milk product which the medical community considers nutritionally acceptable for infants under the age of one year. Hence, market for infant formula milk powder is largely accepted across the globe.

Check Market Research Intellect's Infant Formula Milk Powder Market Report, pegged at USD 75.5 billion in 2024 and projected to reach USD 101.2 billion by 2033, advancing with a CAGR of 4.3% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

Discover the booming infant formula milk powder market! Explore key growth drivers, regional trends, leading companies, and future projections in this comprehensive market analysis covering 2019-2033. Learn about market segmentation, challenges, and opportunities in this vital sector.

United States (US) Infant Formula Milk Powder Market is expected to grow during 2025-2031

Explore the booming Infant Milk Powder market analysis, detailing its substantial market size, projected CAGR of 6.5%, key drivers like rising birth rates and nutritional awareness, and emerging trends. Discover regional market shares and forecasts up to 2033.

Discover the booming OPN Infant Milk Powder market: A $15 billion market in 2025, projected to grow at an 8% CAGR until 2033. Explore key drivers, trends, and competitive analysis for this lucrative sector, including leading players like China Feihe and Wyeth. Learn about regional market shares and future growth opportunities.

The global Infant formula market size was valued USD 47.20 Billion in 2024 and is expected to rise to USD 126.50 Billion by 2034 at a CAGR of 10.4%.

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.

Global Organic Infant Formula Milk Powder comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

The global baby milk powder market is experiencing robust growth, projected to reach a market size of $25 billion in 2025, expanding at a compound annual growth rate (CAGR) of 7% from 2025 to 2033. This significant expansion is driven by several key factors. Rising disposable incomes in developing economies are fueling increased demand for convenient and nutritious infant feeding options. Simultaneously, a growing awareness of the nutritional benefits of baby milk powder, particularly for infants with allergies or special dietary needs, is boosting consumption. Furthermore, the increasing number of working mothers and the rising preference for formula feeding over breastfeeding in certain regions contribute significantly to market growth. However, the market also faces certain challenges, such as fluctuating raw material prices and stringent regulatory frameworks governing product safety and labeling. Competition among established brands like Enfamil, Abbott, Gerber, HiPP, Earth's Best, Baby's Only Organic, and Plum Organics, is intensifying, leading to product innovation and focused marketing strategies targeting specific consumer segments. The market is segmented by product type (organic, conventional), distribution channel (online, offline), and region, each exhibiting unique growth trajectories. The forecast period of 2025-2033 anticipates continued expansion, fueled by ongoing demographic trends and increasing product diversification. Companies are focusing on premiumization strategies, offering specialized formulations with added nutrients and organic options to cater to discerning consumers. E-commerce channels are expected to play a significant role in market growth, offering convenient access to a wider range of products. The market’s regional distribution will see continued variations, with established markets in North America and Europe maintaining a significant share, while emerging economies in Asia and Africa are expected to witness substantial growth due to increasing urbanization and rising birth rates. Successful market players will need to adapt to evolving consumer preferences, technological advancements, and regulatory changes to maintain competitiveness. This necessitates a strategic approach encompassing sustainable sourcing practices, innovative product development, and robust supply chain management.

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.

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

Global Wet Process Type Infant Formula Milk Powder market size 2021 was recorded $5510.25 Million whereas by the end of 2025 it will reach $8493.8 Million. According to the author, by 2033 Wet Process Type Infant Formula Milk Powder market size will become $20182. Wet Process Type Infant Formula Milk Powder market will be growing at a CAGR of 11.425% during 2025 to 2033.