Infant Formula Market Analysis & Forecast 2025-2031

Global Infant Formula Market is expected to reach USD 84670.19 million by 2032 with CAGR of 7.8 % between 2026 and 2032

Infant formula is food for babies under two years and it gives to babies as a replacement of mother’s milk. These are specially designed foods with same nutritional facts as that of mother’s milk. Infant formula is very easy to prepare, safe and fresh feed to babies. The infant formula is made by using protein, vegetable oils, lactose carbohydrates, a vitamins, minerals, and many other ingredients. Protein source may be cow’s milk or soybean depending on manufacturer. Global demand for the Infant formula is attributed to Growing awareness about baby foods, increasing population and increasing number of working women.  

There are some formulas which are prepared by using protein which is hydrolysed into its component amino acids. These are specially prepared for infants who are allergic to other proteins. Infant formula is preferred when mother is unable to feed milk due to some health issues or baby is suffering from malnutrition or lactation insufficiency or may be due to personal experience. Now a day’s people are having concern about nutrition of babies. Due to growing awareness about baby foods, increasing population and increasing number of working women, the demand for infant formula is increasing. People are looking for convenient and easy to carry foods. This will fuel the infant formula market in upcoming years.  

Geographically, Infant Formula Market is segmented into regions North America, Europe, China, Japan, Southeast Asia, India, Africa, and Latin America. Currently, Asia pacific accounts for largest share of the market for infant formula with a consumption market share nearly 50% in 2025 and it is expected to remain during forecast period also. China alone with the growth rate significantly more than the world in recent years, shares a consumption market nearly 30.57% in 2025. The second place is Europe; following Asia with the consumption market share 22.23% in 2025.  

Profshare Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users / regions. Our study on Infant Formula Market helps users to make precise decision to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in Infant Formula Market. The report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies.  

Infant Formula Market : Product Type

• Infant milk
• Follow on milk
• Specialty baby milk
• Growing-up milk

Infant Formula Market : Distribution Channels

• Online
• Offline

Global Infant Formula Market: Companies Covered

• Danone
• Abbott
• Nestle
• Mead Johnson Nutrition
• FrieslandCampina
• Heinz
• Yili
• Biostime
• Hipp Holding AG
• Perrigo
• Beingmate
• Synutra
• Fonterra
• Wonderson
• Meiji
• Bellamy
• Feihe
• Yashili
• Brightdairy
• Arla
• DGC
• Wissun
• Shijiazhuang Junlebao Dairy Co., Ltd.
• Westland Milk Products
• Pinnacle
• Holle baby food GmbH

Geographical analysis of Infant Formula Market includes :

• North America
  • U.S.A.
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Global Infant Formula Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2025-2031
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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