Infant Formula Foods Market Analysis & Forecast 2024-2030

Global Infant Formula Foods Market is expected to reach USD 84670.19 million by 2030 with CAGR of 7.8% between 2024 and 2030

Infant formula is food for babies under two years. It is gives to babies as a replacement of mother’s milk. It is specially designed food with same nutritional facts as that of mother’s milk. This is very easy to prepare, safe and fresh feed to babies. These are best quality food for 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. Based on product type, infant formula market is segmented into four segments i.e. growing up milk, starting formula foods, follow-on formula foods, special Formula Foods.  

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 2017 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 2017. The second place is Europe; following Asia with the consumption market share 22.23% in 2017.  

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 Foods 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 Foods 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 Foods Market : Product Type

• Infant Formula Powder
• Infant Complementary Foods

Infant Formula Foods Market : End Users/ Applications

• 0-6 Months
• 6-12 Months
• 12-36 Months

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

• Market Forecast for 2024-2030
• 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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