The global market for Plant-based Infant Formula was valued at US$ 3584 million in the year 2024 and is projected to reach a revised size of US$ 4089 million by 2031, growing at a CAGR of 1.9% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Plant-based Infant Formula competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Plant-based infant formula milk powder is a baby food made by scientific proportioning and processing, with plant protein as the main protein source, and adding appropriate amounts of vitamins, minerals, carbohydrates, fats and other nutrients according to the nutritional needs of infants. It aims to provide alternative nutritional support for infants who cannot accept animal milk-based formula milk powder to meet their growth and development needs.
North American market for Plant-based Infant Formula is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Plant-based Infant Formula is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Plant-based Infant Formula include Mead Johnson, Abbott, Sprout Organic, ELSE Nutrition, Kendal Nutricare, Nestle, Bébé M, Nutricia, Synutra International Inc, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Plant-based 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 Plant-based Infant Formula.
The Plant-based Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Plant-based 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 Plant-based 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.
By Company
Mead Johnson
Abbott
Sprout Organic
ELSE Nutrition
Kendal Nutricare
Nestle
Bébé M
Nutricia
Synutra International Inc
Segment by Type
Soy Protein
Pea Protein
Rice Protein
Mixed Plant Protein
Others
Segment by Application
Online Sales
Offline Sales
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East and Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 Plant-based Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Plant-based 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. 
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1 Plant-based Infant Formula Âé¶¹Ô´´ Overview
1.1 Product Definition
1.2 Plant-based Infant Formula by Type
1.2.1 Global Plant-based Infant Formula Âé¶¹Ô´´ Value Comparison by Type (2024 VS 2031)
1.2.2 Soy Protein
1.2.3 Pea Protein
1.2.4 Rice Protein
1.2.5 Mixed Plant Protein
1.2.6 Others
1.3 Plant-based Infant Formula by Application
1.3.1 Global Plant-based Infant Formula Âé¶¹Ô´´ Value by Application (2024 VS 2031)
1.3.2 Online Sales
1.3.3 Offline Sales
1.4 Global Plant-based Infant Formula Âé¶¹Ô´´ Size Estimates and Forecasts
1.4.1 Global Plant-based Infant Formula Revenue 2020-2031
1.4.2 Global Plant-based Infant Formula Sales 2020-2031
1.4.3 Global Plant-based Infant Formula Âé¶¹Ô´´ Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Plant-based Infant Formula Âé¶¹Ô´´ Competition by Manufacturers
2.1 Global Plant-based Infant Formula Sales Âé¶¹Ô´´ Share by Manufacturers (2020-2025)
2.2 Global Plant-based Infant Formula Revenue Âé¶¹Ô´´ Share by Manufacturers (2020-2025)
2.3 Global Plant-based Infant Formula Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Plant-based Infant Formula, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Plant-based Infant Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Plant-based Infant Formula, Product Type & Application
2.7 Global Key Manufacturers of Plant-based Infant Formula, Date of Enter into This Industry
2.8 Global Plant-based Infant Formula Âé¶¹Ô´´ Competitive Situation and Trends
2.8.1 Global Plant-based Infant Formula Âé¶¹Ô´´ Concentration Rate
2.8.2 The Global 5 and 10 Largest Plant-based Infant Formula Players Âé¶¹Ô´´ Share by Revenue
2.8.3 Global Plant-based Infant Formula Company Type and Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Plant-based Infant Formula Âé¶¹Ô´´ Scenario by Region
3.1 Global Plant-based Infant Formula Âé¶¹Ô´´ Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Plant-based Infant Formula Sales by Region: 2020-2031
3.2.1 Global Plant-based Infant Formula Sales by Region: 2020-2025
3.2.2 Global Plant-based Infant Formula Sales by Region: 2026-2031
3.3 Global Plant-based Infant Formula Revenue by Region: 2020-2031
3.3.1 Global Plant-based Infant Formula Revenue by Region: 2020-2025
3.3.2 Global Plant-based Infant Formula Revenue by Region: 2026-2031
3.4 North America Plant-based Infant Formula Âé¶¹Ô´´ Facts & Figures by Country
3.4.1 North America Plant-based Infant Formula Âé¶¹Ô´´ Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Plant-based Infant Formula Sales by Country (2020-2031)
3.4.3 North America Plant-based Infant Formula Revenue by Country (2020-2031)
3.4.4 United States
3.4.5 Canada
3.5 Europe Plant-based Infant Formula Âé¶¹Ô´´ Facts & Figures by Country
3.5.1 Europe Plant-based Infant Formula Âé¶¹Ô´´ Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Plant-based Infant Formula Sales by Country (2020-2031)
3.5.3 Europe Plant-based Infant Formula Revenue by Country (2020-2031)
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 Plant-based Infant Formula Âé¶¹Ô´´ Facts & Figures by Region
3.6.1 Asia Pacific Plant-based Infant Formula Âé¶¹Ô´´ Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Plant-based Infant Formula Sales by Region (2020-2031)
3.6.3 Asia Pacific Plant-based Infant Formula Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Southeast Asia
3.7 Latin America Plant-based Infant Formula Âé¶¹Ô´´ Facts & Figures by Country
3.7.1 Latin America Plant-based Infant Formula Âé¶¹Ô´´ Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Plant-based Infant Formula Sales by Country (2020-2031)
3.7.3 Latin America Plant-based Infant Formula Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.7.7 Colombia
3.8 Middle East and Africa Plant-based Infant Formula Âé¶¹Ô´´ Facts & Figures by Country
3.8.1 Middle East and Africa Plant-based Infant Formula Âé¶¹Ô´´ Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Plant-based Infant Formula Sales by Country (2020-2031)
3.8.3 Middle East and Africa Plant-based Infant Formula Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Plant-based Infant Formula Sales by Type (2020-2031)
4.1.1 Global Plant-based Infant Formula Sales by Type (2020-2025)
4.1.2 Global Plant-based Infant Formula Sales by Type (2026-2031)
4.1.3 Global Plant-based Infant Formula Sales Âé¶¹Ô´´ Share by Type (2020-2031)
4.2 Global Plant-based Infant Formula Revenue by Type (2020-2031)
4.2.1 Global Plant-based Infant Formula Revenue by Type (2020-2025)
4.2.2 Global Plant-based Infant Formula Revenue by Type (2026-2031)
4.2.3 Global Plant-based Infant Formula Revenue Âé¶¹Ô´´ Share by Type (2020-2031)
4.3 Global Plant-based Infant Formula Price by Type (2020-2031)
5 Segment by Application
5.1 Global Plant-based Infant Formula Sales by Application (2020-2031)
5.1.1 Global Plant-based Infant Formula Sales by Application (2020-2025)
5.1.2 Global Plant-based Infant Formula Sales by Application (2026-2031)
5.1.3 Global Plant-based Infant Formula Sales Âé¶¹Ô´´ Share by Application (2020-2031)
5.2 Global Plant-based Infant Formula Revenue by Application (2020-2031)
5.2.1 Global Plant-based Infant Formula Revenue by Application (2020-2025)
5.2.2 Global Plant-based Infant Formula Revenue by Application (2026-2031)
5.2.3 Global Plant-based Infant Formula Revenue Âé¶¹Ô´´ Share by Application (2020-2031)
5.3 Global Plant-based Infant Formula Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Mead Johnson
6.1.1 Mead Johnson Company Information
6.1.2 Mead Johnson Description and Business Overview
6.1.3 Mead Johnson Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Mead Johnson Plant-based Infant Formula Product Portfolio
6.1.5 Mead Johnson Recent Developments/Updates
6.2 Abbott
6.2.1 Abbott Company Information
6.2.2 Abbott Description and Business Overview
6.2.3 Abbott Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Abbott Plant-based Infant Formula Product Portfolio
6.2.5 Abbott Recent Developments/Updates
6.3 Sprout Organic
6.3.1 Sprout Organic Company Information
6.3.2 Sprout Organic Description and Business Overview
6.3.3 Sprout Organic Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Sprout Organic Plant-based Infant Formula Product Portfolio
6.3.5 Sprout Organic Recent Developments/Updates
6.4 ELSE Nutrition
6.4.1 ELSE Nutrition Company Information
6.4.2 ELSE Nutrition Description and Business Overview
6.4.3 ELSE Nutrition Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.4.4 ELSE Nutrition Plant-based Infant Formula Product Portfolio
6.4.5 ELSE Nutrition Recent Developments/Updates
6.5 Kendal Nutricare
6.5.1 Kendal Nutricare Company Information
6.5.2 Kendal Nutricare Description and Business Overview
6.5.3 Kendal Nutricare Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Kendal Nutricare Plant-based Infant Formula Product Portfolio
6.5.5 Kendal Nutricare Recent Developments/Updates
6.6 Nestle
6.6.1 Nestle Company Information
6.6.2 Nestle Description and Business Overview
6.6.3 Nestle Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Nestle Plant-based Infant Formula Product Portfolio
6.6.5 Nestle Recent Developments/Updates
6.7 Bébé M
6.7.1 Bébé M Company Information
6.7.2 Bébé M Description and Business Overview
6.7.3 Bébé M Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Bébé M Plant-based Infant Formula Product Portfolio
6.7.5 Bébé M Recent Developments/Updates
6.8 Nutricia
6.8.1 Nutricia Company Information
6.8.2 Nutricia Description and Business Overview
6.8.3 Nutricia Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Nutricia Plant-based Infant Formula Product Portfolio
6.8.5 Nutricia Recent Developments/Updates
6.9 Synutra International Inc
6.9.1 Synutra International Inc Company Information
6.9.2 Synutra International Inc Description and Business Overview
6.9.3 Synutra International Inc Plant-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Synutra International Inc Plant-based Infant Formula Product Portfolio
6.9.5 Synutra International Inc Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Plant-based Infant Formula Industry Chain Analysis
7.2 Plant-based Infant Formula Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Plant-based Infant Formula Production Mode & Process Analysis
7.4 Plant-based Infant Formula Sales and Âé¶¹Ô´´ing
7.4.1 Plant-based Infant Formula Sales Channels
7.4.2 Plant-based Infant Formula Distributors
7.5 Plant-based Infant Formula Customer Analysis
8 Plant-based Infant Formula Âé¶¹Ô´´ Dynamics
8.1 Plant-based Infant Formula Industry Trends
8.2 Plant-based Infant Formula Âé¶¹Ô´´ Drivers
8.3 Plant-based Infant Formula Âé¶¹Ô´´ Challenges
8.4 Plant-based Infant Formula Âé¶¹Ô´´ Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Âé¶¹Ô´´ Size Estimation
10.1.3 Âé¶¹Ô´´ 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
Mead Johnson
Abbott
Sprout Organic
ELSE Nutrition
Kendal Nutricare
Nestle
Bébé M
Nutricia
Synutra International Inc
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*If Applicable.