The global Infant Milk Formula market size was valued at US$ million in 2023. With growing demand in downstream market, the Infant Milk Formula is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Infant Milk Formula market. Infant Milk Formula are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Infant Milk Formula. 麻豆原创 players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Infant Milk Formula market.
Infant Milk Formula is a type of food used for feeding babies below the age of 1 year.
According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is 楼17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is 楼485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.
Key Features:
The report on Infant Milk Formula market reflects various aspects and provide valuable insights into the industry.
麻豆原创 Size and Growth: The research report provide an overview of the current size and growth of the Infant Milk Formula market. It may include historical data, market segmentation by Type (e.g., Starting Milk formula, Follow-on Milk Formula), and regional breakdowns.
麻豆原创 Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Infant Milk Formula market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Infant Milk Formula market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Infant Milk Formula industry. This include advancements in Infant Milk Formula technology, Infant Milk Formula new entrants, Infant Milk Formula new investment, and other innovations that are shaping the future of Infant Milk Formula.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Infant Milk Formula market. It includes factors influencing customer ' purchasing decisions, preferences for Infant Milk Formula product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Infant Milk Formula market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Infant Milk Formula market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Infant Milk Formula market.
麻豆原创 Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Infant Milk Formula industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Infant Milk Formula market.
麻豆原创 Segmentation:
Infant Milk Formula market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Starting Milk formula
Follow-on Milk Formula
Toddlers Milk Formula
Segmentation by application
Specialty Store
Supermarkets
Online Retail
Chemist/Pharmacies/Drugstore
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Behdashtkar
Nutridar Company Plc
Ausnutria Hyproca B.V.
Saudi Centre Group
Abbott Laboratories
RIRI Baby Food Co
Groupe Danone
Aspen Pharmacare Holdings Limited.
Almarai
Lacto Misr
Nestl茅 S.A.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Infant Milk Formula market?
What factors are driving Infant Milk Formula market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Infant Milk Formula market opportunities vary by end market size?
How does Infant Milk Formula break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Infant Milk Formula Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Infant Milk Formula by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Infant Milk Formula by Country/Region, 2019, 2023 & 2030
2.2 Infant Milk Formula Segment by Type
2.2.1 Starting Milk formula
2.2.2 Follow-on Milk Formula
2.2.3 Toddlers Milk Formula
2.3 Infant Milk Formula Sales by Type
2.3.1 Global Infant Milk Formula Sales 麻豆原创 Share by Type (2019-2024)
2.3.2 Global Infant Milk Formula Revenue and 麻豆原创 Share by Type (2019-2024)
2.3.3 Global Infant Milk Formula Sale Price by Type (2019-2024)
2.4 Infant Milk Formula Segment by Application
2.4.1 Specialty Store
2.4.2 Supermarkets
2.4.3 Online Retail
2.4.4 Chemist/Pharmacies/Drugstore
2.4.5 Others
2.5 Infant Milk Formula Sales by Application
2.5.1 Global Infant Milk Formula Sale 麻豆原创 Share by Application (2019-2024)
2.5.2 Global Infant Milk Formula Revenue and 麻豆原创 Share by Application (2019-2024)
2.5.3 Global Infant Milk Formula Sale Price by Application (2019-2024)
3 Global Infant Milk Formula by Company
3.1 Global Infant Milk Formula Breakdown Data by Company
3.1.1 Global Infant Milk Formula Annual Sales by Company (2019-2024)
3.1.2 Global Infant Milk Formula Sales 麻豆原创 Share by Company (2019-2024)
3.2 Global Infant Milk Formula Annual Revenue by Company (2019-2024)
3.2.1 Global Infant Milk Formula Revenue by Company (2019-2024)
3.2.2 Global Infant Milk Formula Revenue 麻豆原创 Share by Company (2019-2024)
3.3 Global Infant Milk Formula Sale Price by Company
3.4 Key Manufacturers Infant Milk Formula Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Infant Milk Formula Product Location Distribution
3.4.2 Players Infant Milk Formula Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Infant Milk Formula by Geographic Region
4.1 World Historic Infant Milk Formula 麻豆原创 Size by Geographic Region (2019-2024)
4.1.1 Global Infant Milk Formula Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Infant Milk Formula Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Infant Milk Formula 麻豆原创 Size by Country/Region (2019-2024)
4.2.1 Global Infant Milk Formula Annual Sales by Country/Region (2019-2024)
4.2.2 Global Infant Milk Formula Annual Revenue by Country/Region (2019-2024)
4.3 Americas Infant Milk Formula Sales Growth
4.4 APAC Infant Milk Formula Sales Growth
4.5 Europe Infant Milk Formula Sales Growth
4.6 Middle East & Africa Infant Milk Formula Sales Growth
5 Americas
5.1 Americas Infant Milk Formula Sales by Country
5.1.1 Americas Infant Milk Formula Sales by Country (2019-2024)
5.1.2 Americas Infant Milk Formula Revenue by Country (2019-2024)
5.2 Americas Infant Milk Formula Sales by Type
5.3 Americas Infant Milk Formula Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Infant Milk Formula Sales by Region
6.1.1 APAC Infant Milk Formula Sales by Region (2019-2024)
6.1.2 APAC Infant Milk Formula Revenue by Region (2019-2024)
6.2 APAC Infant Milk Formula Sales by Type
6.3 APAC Infant Milk Formula Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Infant Milk Formula by Country
7.1.1 Europe Infant Milk Formula Sales by Country (2019-2024)
7.1.2 Europe Infant Milk Formula Revenue by Country (2019-2024)
7.2 Europe Infant Milk Formula Sales by Type
7.3 Europe Infant Milk Formula Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Infant Milk Formula by Country
8.1.1 Middle East & Africa Infant Milk Formula Sales by Country (2019-2024)
8.1.2 Middle East & Africa Infant Milk Formula Revenue by Country (2019-2024)
8.2 Middle East & Africa Infant Milk Formula Sales by Type
8.3 Middle East & Africa Infant Milk Formula Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Infant Milk Formula
10.3 Manufacturing Process Analysis of Infant Milk Formula
10.4 Industry Chain Structure of Infant Milk Formula
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Infant Milk Formula Distributors
11.3 Infant Milk Formula Customer
12 World Forecast Review for Infant Milk Formula by Geographic Region
12.1 Global Infant Milk Formula 麻豆原创 Size Forecast by Region
12.1.1 Global Infant Milk Formula Forecast by Region (2025-2030)
12.1.2 Global Infant Milk Formula Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Infant Milk Formula Forecast by Type
12.7 Global Infant Milk Formula Forecast by Application
13 Key Players Analysis
13.1 Behdashtkar
13.1.1 Behdashtkar Company Information
13.1.2 Behdashtkar Infant Milk Formula Product Portfolios and Specifications
13.1.3 Behdashtkar Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Behdashtkar Main Business Overview
13.1.5 Behdashtkar Latest Developments
13.2 Nutridar Company Plc
13.2.1 Nutridar Company Plc Company Information
13.2.2 Nutridar Company Plc Infant Milk Formula Product Portfolios and Specifications
13.2.3 Nutridar Company Plc Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Nutridar Company Plc Main Business Overview
13.2.5 Nutridar Company Plc Latest Developments
13.3 Ausnutria Hyproca B.V.
13.3.1 Ausnutria Hyproca B.V. Company Information
13.3.2 Ausnutria Hyproca B.V. Infant Milk Formula Product Portfolios and Specifications
13.3.3 Ausnutria Hyproca B.V. Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Ausnutria Hyproca B.V. Main Business Overview
13.3.5 Ausnutria Hyproca B.V. Latest Developments
13.4 Saudi Centre Group
13.4.1 Saudi Centre Group Company Information
13.4.2 Saudi Centre Group Infant Milk Formula Product Portfolios and Specifications
13.4.3 Saudi Centre Group Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Saudi Centre Group Main Business Overview
13.4.5 Saudi Centre Group Latest Developments
13.5 Abbott Laboratories
13.5.1 Abbott Laboratories Company Information
13.5.2 Abbott Laboratories Infant Milk Formula Product Portfolios and Specifications
13.5.3 Abbott Laboratories Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Abbott Laboratories Main Business Overview
13.5.5 Abbott Laboratories Latest Developments
13.6 RIRI Baby Food Co
13.6.1 RIRI Baby Food Co Company Information
13.6.2 RIRI Baby Food Co Infant Milk Formula Product Portfolios and Specifications
13.6.3 RIRI Baby Food Co Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 RIRI Baby Food Co Main Business Overview
13.6.5 RIRI Baby Food Co Latest Developments
13.7 Groupe Danone
13.7.1 Groupe Danone Company Information
13.7.2 Groupe Danone Infant Milk Formula Product Portfolios and Specifications
13.7.3 Groupe Danone Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Groupe Danone Main Business Overview
13.7.5 Groupe Danone Latest Developments
13.8 Aspen Pharmacare Holdings Limited.
13.8.1 Aspen Pharmacare Holdings Limited. Company Information
13.8.2 Aspen Pharmacare Holdings Limited. Infant Milk Formula Product Portfolios and Specifications
13.8.3 Aspen Pharmacare Holdings Limited. Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Aspen Pharmacare Holdings Limited. Main Business Overview
13.8.5 Aspen Pharmacare Holdings Limited. Latest Developments
13.9 Almarai
13.9.1 Almarai Company Information
13.9.2 Almarai Infant Milk Formula Product Portfolios and Specifications
13.9.3 Almarai Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Almarai Main Business Overview
13.9.5 Almarai Latest Developments
13.10 Lacto Misr
13.10.1 Lacto Misr Company Information
13.10.2 Lacto Misr Infant Milk Formula Product Portfolios and Specifications
13.10.3 Lacto Misr Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Lacto Misr Main Business Overview
13.10.5 Lacto Misr Latest Developments
13.11 Nestl茅 S.A.
13.11.1 Nestl茅 S.A. Company Information
13.11.2 Nestl茅 S.A. Infant Milk Formula Product Portfolios and Specifications
13.11.3 Nestl茅 S.A. Infant Milk Formula Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Nestl茅 S.A. Main Business Overview
13.11.5 Nestl茅 S.A. Latest Developments
14 Research Findings and Conclusion
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*If Applicable.