Infant formula, or baby formula, is a manufactured food designed and marketed for feeding to babies and infants under 12 months of age, usually prepared for bottle-feeding or cup-feeding from powder (mixed with water) or liquid (with or without additional water). The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) defines infant formula as "a food which purports to be or is represented for special dietary use solely 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".
The global Baby Infant Formula market was valued at US$ 21960 million in 2023 and is anticipated to reach US$ 32700 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Baby Infant Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Infant Formula.
Report Scope
The Baby Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Infant Formula market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Infant Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Abbott Laboratories
Arla Foods
Beingmate Group Co. Ltd.
Campbell Soup Company
D. SIGNSTORE
Danone
Heinz and Hain Celestial Group
HiPP GmbH & Co.
Mead Johnson Nutrition Company, LLC
Nestle S.A
Segment by Type
Infant Milk
Follow-on-Milk
Specialty Baby Milk
Growing-up Milk
Segment by Application
Supermarkets
Pharmacy/Medical Stores
Specialty Stores
Hard Discounter Stores
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Infant Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Baby Infant Formula 麻豆原创 Overview
1.1 Product Overview and Scope of Baby Infant Formula
1.2 Baby Infant Formula Segment by Type
1.2.1 Global Baby Infant Formula 麻豆原创 Value Comparison by Type (2024-2030)
1.2.2 Infant Milk
1.2.3 Follow-on-Milk
1.2.4 Specialty Baby Milk
1.2.5 Growing-up Milk
1.3 Baby Infant Formula Segment by Application
1.3.1 Global Baby Infant Formula 麻豆原创 Value by Application: (2024-2030)
1.3.2 Supermarkets
1.3.3 Pharmacy/Medical Stores
1.3.4 Specialty Stores
1.3.5 Hard Discounter Stores
1.3.6 Others
1.4 Global Baby Infant Formula 麻豆原创 Size Estimates and Forecasts
1.4.1 Global Baby Infant Formula Revenue 2019-2030
1.4.2 Global Baby Infant Formula Sales 2019-2030
1.4.3 Global Baby Infant Formula 麻豆原创 Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Baby Infant Formula 麻豆原创 Competition by Manufacturers
2.1 Global Baby Infant Formula Sales 麻豆原创 Share by Manufacturers (2019-2024)
2.2 Global Baby Infant Formula Revenue 麻豆原创 Share by Manufacturers (2019-2024)
2.3 Global Baby Infant Formula Average Price by Manufacturers (2019-2024)
2.4 Global Baby Infant Formula Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Baby Infant Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Baby Infant Formula, Product Type & Application
2.7 Baby Infant Formula 麻豆原创 Competitive Situation and Trends
2.7.1 Baby Infant Formula 麻豆原创 Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Baby Infant Formula Players 麻豆原创 Share by Revenue
2.7.3 Global Baby Infant Formula 麻豆原创 Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Baby Infant Formula Retrospective 麻豆原创 Scenario by Region
3.1 Global Baby Infant Formula 麻豆原创 Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Baby Infant Formula Global Baby Infant Formula Sales by Region: 2019-2030
3.2.1 Global Baby Infant Formula Sales by Region: 2019-2024
3.2.2 Global Baby Infant Formula Sales by Region: 2025-2030
3.3 Global Baby Infant Formula Global Baby Infant Formula Revenue by Region: 2019-2030
3.3.1 Global Baby Infant Formula Revenue by Region: 2019-2024
3.3.2 Global Baby Infant Formula Revenue by Region: 2025-2030
3.4 North America Baby Infant Formula 麻豆原创 Facts & Figures by Country
3.4.1 North America Baby Infant Formula 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Baby Infant Formula Sales by Country (2019-2030)
3.4.3 North America Baby Infant Formula Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Baby Infant Formula 麻豆原创 Facts & Figures by Country
3.5.1 Europe Baby Infant Formula 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Baby Infant Formula Sales by Country (2019-2030)
3.5.3 Europe Baby Infant Formula Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Baby Infant Formula 麻豆原创 Facts & Figures by Country
3.6.1 Asia Pacific Baby Infant Formula 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Baby Infant Formula Sales by Country (2019-2030)
3.6.3 Asia Pacific Baby Infant Formula Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Baby Infant Formula 麻豆原创 Facts & Figures by Country
3.7.1 Latin America Baby Infant Formula 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Baby Infant Formula Sales by Country (2019-2030)
3.7.3 Latin America Baby Infant Formula Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Baby Infant Formula 麻豆原创 Facts & Figures by Country
3.8.1 Middle East and Africa Baby Infant Formula 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Baby Infant Formula Sales by Country (2019-2030)
3.8.3 Middle East and Africa Baby Infant Formula Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Baby Infant Formula Sales by Type (2019-2030)
4.1.1 Global Baby Infant Formula Sales by Type (2019-2024)
4.1.2 Global Baby Infant Formula Sales by Type (2025-2030)
4.1.3 Global Baby Infant Formula Sales 麻豆原创 Share by Type (2019-2030)
4.2 Global Baby Infant Formula Revenue by Type (2019-2030)
4.2.1 Global Baby Infant Formula Revenue by Type (2019-2024)
4.2.2 Global Baby Infant Formula Revenue by Type (2025-2030)
4.2.3 Global Baby Infant Formula Revenue 麻豆原创 Share by Type (2019-2030)
4.3 Global Baby Infant Formula Price by Type (2019-2030)
5 Segment by Application
5.1 Global Baby Infant Formula Sales by Application (2019-2030)
5.1.1 Global Baby Infant Formula Sales by Application (2019-2024)
5.1.2 Global Baby Infant Formula Sales by Application (2025-2030)
5.1.3 Global Baby Infant Formula Sales 麻豆原创 Share by Application (2019-2030)
5.2 Global Baby Infant Formula Revenue by Application (2019-2030)
5.2.1 Global Baby Infant Formula Revenue by Application (2019-2024)
5.2.2 Global Baby Infant Formula Revenue by Application (2025-2030)
5.2.3 Global Baby Infant Formula Revenue 麻豆原创 Share by Application (2019-2030)
5.3 Global Baby Infant Formula Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott Laboratories
6.1.1 Abbott Laboratories Corporation Information
6.1.2 Abbott Laboratories Description and Business Overview
6.1.3 Abbott Laboratories Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Laboratories Baby Infant Formula Product Portfolio
6.1.5 Abbott Laboratories Recent Developments/Updates
6.2 Arla Foods
6.2.1 Arla Foods Corporation Information
6.2.2 Arla Foods Description and Business Overview
6.2.3 Arla Foods Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Arla Foods Baby Infant Formula Product Portfolio
6.2.5 Arla Foods Recent Developments/Updates
6.3 Beingmate Group Co. Ltd.
6.3.1 Beingmate Group Co. Ltd. Corporation Information
6.3.2 Beingmate Group Co. Ltd. Description and Business Overview
6.3.3 Beingmate Group Co. Ltd. Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Beingmate Group Co. Ltd. Baby Infant Formula Product Portfolio
6.3.5 Beingmate Group Co. Ltd. Recent Developments/Updates
6.4 Campbell Soup Company
6.4.1 Campbell Soup Company Corporation Information
6.4.2 Campbell Soup Company Description and Business Overview
6.4.3 Campbell Soup Company Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Campbell Soup Company Baby Infant Formula Product Portfolio
6.4.5 Campbell Soup Company Recent Developments/Updates
6.5 D. SIGNSTORE
6.5.1 D. SIGNSTORE Corporation Information
6.5.2 D. SIGNSTORE Description and Business Overview
6.5.3 D. SIGNSTORE Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.5.4 D. SIGNSTORE Baby Infant Formula Product Portfolio
6.5.5 D. SIGNSTORE Recent Developments/Updates
6.6 Danone
6.6.1 Danone Corporation Information
6.6.2 Danone Description and Business Overview
6.6.3 Danone Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Danone Baby Infant Formula Product Portfolio
6.6.5 Danone Recent Developments/Updates
6.7 Heinz and Hain Celestial Group
6.6.1 Heinz and Hain Celestial Group Corporation Information
6.6.2 Heinz and Hain Celestial Group Description and Business Overview
6.6.3 Heinz and Hain Celestial Group Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Heinz and Hain Celestial Group Baby Infant Formula Product Portfolio
6.7.5 Heinz and Hain Celestial Group Recent Developments/Updates
6.8 HiPP GmbH & Co.
6.8.1 HiPP GmbH & Co. Corporation Information
6.8.2 HiPP GmbH & Co. Description and Business Overview
6.8.3 HiPP GmbH & Co. Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.8.4 HiPP GmbH & Co. Baby Infant Formula Product Portfolio
6.8.5 HiPP GmbH & Co. Recent Developments/Updates
6.9 Mead Johnson Nutrition Company, LLC
6.9.1 Mead Johnson Nutrition Company, LLC Corporation Information
6.9.2 Mead Johnson Nutrition Company, LLC Description and Business Overview
6.9.3 Mead Johnson Nutrition Company, LLC Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Mead Johnson Nutrition Company, LLC Baby Infant Formula Product Portfolio
6.9.5 Mead Johnson Nutrition Company, LLC Recent Developments/Updates
6.10 Nestle S.A
6.10.1 Nestle S.A Corporation Information
6.10.2 Nestle S.A Description and Business Overview
6.10.3 Nestle S.A Baby Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Nestle S.A Baby Infant Formula Product Portfolio
6.10.5 Nestle S.A Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Baby Infant Formula Industry Chain Analysis
7.2 Baby Infant Formula Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Baby Infant Formula Production Mode & Process
7.4 Baby Infant Formula Sales and 麻豆原创ing
7.4.1 Baby Infant Formula Sales Channels
7.4.2 Baby Infant Formula Distributors
7.5 Baby Infant Formula Customers
8 Baby Infant Formula 麻豆原创 Dynamics
8.1 Baby Infant Formula Industry Trends
8.2 Baby Infant Formula 麻豆原创 Drivers
8.3 Baby Infant Formula 麻豆原创 Challenges
8.4 Baby Infant Formula 麻豆原创 Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 麻豆原创 Size Estimation
10.1.3 麻豆原创 Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Abbott Laboratories
Arla Foods
Beingmate Group Co. Ltd.
Campbell Soup Company
D. SIGNSTORE
Danone
Heinz and Hain Celestial Group
HiPP GmbH & Co.
Mead Johnson Nutrition Company, LLC
Nestle S.A
听
听
*If Applicable.