Baby Milk/Infant Formulae Market

Report Highlights

The scope of this report is broad and covers different types of baby milk/infant formulas, along with the applications, and major markets. The market is broken down by types of baby milk/infant formulas, distribution, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of baby milk/infant formulae, distribution, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional baby milk/infant formulae markets; it explains the major market drivers of the global baby milk/infant formulae industry, current trends within the industry, major distribution, and the regional dynamics of the global baby milk/infant formulae market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global baby milk/infant formulae industry.

Report Includes 

• 62 tables
• An up-to-date analysis of the global baby milk/infant formulae market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global baby milk/infant formulae market, and corresponding market share analysis by type, distribution and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for baby milk/infant formulae, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the baby milk/infant formulae market as compared to overall global economy.
• Insight into the growth development strategies of major baby milk/infant formulae manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including are Nestle, Reckitt Benckiser, Danone, Abbott, Arla Food Ingredients & Perrigo Nutritionals.

Summary

Various types of baby milk/infant formulae are standard, follow-on toddler, specialty. Based on its distribution channel, baby milk/infant formulae are distributed through hypermarkets, supermarkets, pharmacy/medical stores, specialty stores, and others.

The global baby milk/infant formulae market will grow from over $62 billion in 2020 to $97 billion by 2025 at a five-year CAGR of 9.5%. The market for baby milk/infant formulae is expected to grow, mainly due to an increase in demand for high nutritional formulae, the convenience of use, and availability of a variety of flavors.

In 2020, based on distribution channels, the hypermarkets/supermarkets captured the largest share in the global market. This segment will continue to dominate the market for the next five years.