Milk Infant Formula Market, Global Outlook and Forecast 2024-2030
Report ID
48416
Publisher
Market Monitor Global
Published Date
07-Feb
Delivery Format
PDF
No of Report Page
155
Editor's Rating
US $3,250.00
US $4,225.00
US $4,875.00
  • Report Details 
    This research report provides a comprehensive analysis of the Milk Infant Formula market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Milk Infant Formula market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Milk Infant Formula, challenges faced by the industry, and potential opportunities for market players.
The global Milk Infant Formula market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Milk Infant Formula market presents opportunities for various stakeholders, including 0~6 Months Baby, 6~12 Months Baby. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Milk Infant Formula market. Additionally, the growing consumer demand present avenues for market expansion.
The global Milk Infant Formula market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period.
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 ¥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 ¥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.
Key Features:
The research report on the Milk Infant Formula market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Milk Infant Formula market.
Market Overview: The report provides a comprehensive overview of the Milk Infant Formula market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., SMP, WMP), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Milk Infant Formula market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Milk Infant Formula market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Milk Infant Formula market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments. 
Market Segmentation and Forecast: The report segment the Milk Infant Formula market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Milk Infant Formula market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Milk Infant Formula market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Milk Infant Formula, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Milk Infant Formula market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Milk Infant Formula market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
    SMP
    WMP
    Whey Powders
    Others
Market segment by Application
    0~6 Months Baby
    6~12 Months Baby
    1~3 Years Baby
Global Milk Infant Formula Market Segment Percentages, By Region and Country, 2023 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Major players covered
    Mead Johnson
    Nestle
    Danone
    Abbott
    FrieslandCampina
    Heinz
    Bellamy
    Topfer
    HiPP
    Perrigo
    Arla
    Holle
    Fonterra
    Westland Dairy
    Pinnacle
    Meiji
    Yili
    Biostime
    Yashili
    Feihe
    Brightdairy
    Beingmate
    Wonderson
    Synutra
    Wissun
Outline of Major Chapters:
Chapter 1: Introduces the definition of Milk Infant Formula, market overview.
Chapter 2: Global Milk Infant Formula market size in revenue and volume.
Chapter 3: Detailed analysis of Milk Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
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: Sales of Milk 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 of each country in the world.
Chapter 7: 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 8: Global Milk Infant Formula capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
  • Table Of Content 
    1 Introduction to Research & Analysis Reports
    1.1 Milk Infant Formula Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Milk Infant Formula Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Milk Infant Formula Overall Market Size
    2.1 Global Milk Infant Formula Market Size: 2023 VS 2030
    2.2 Global Milk Infant Formula Revenue, Prospects & Forecasts: 2019-2030
    2.3 Global Milk Infant Formula Sales: 2019-2030
3 Company Landscape
    3.1 Top Milk Infant Formula Players in Global Market
    3.2 Top Global Milk Infant Formula Companies Ranked by Revenue
    3.3 Global Milk Infant Formula Revenue by Companies
    3.4 Global Milk Infant Formula Sales by Companies
    3.5 Global Milk Infant Formula Price by Manufacturer (2019-2024)
    3.6 Top 3 and Top 5 Milk Infant Formula Companies in Global Market, by Revenue in 2023
    3.7 Global Manufacturers Milk Infant Formula Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Milk Infant Formula Players in Global Market
        3.8.1 List of Global Tier 1 Milk Infant Formula Companies
        3.8.2 List of Global Tier 2 and Tier 3 Milk Infant Formula Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Milk Infant Formula Market Size Markets, 2023 & 2030
        4.1.2 SMP
        4.1.3 WMP
        4.1.4 Whey Powders
        4.1.5 Others
    4.2 By Type - Global Milk Infant Formula Revenue & Forecasts
        4.2.1 By Type - Global Milk Infant Formula Revenue, 2019-2024
        4.2.2 By Type - Global Milk Infant Formula Revenue, 2025-2030
        4.2.3 By Type - Global Milk Infant Formula Revenue Market Share, 2019-2030
    4.3 By Type - Global Milk Infant Formula Sales & Forecasts
        4.3.1 By Type - Global Milk Infant Formula Sales, 2019-2024
        4.3.2 By Type - Global Milk Infant Formula Sales, 2025-2030
        4.3.3 By Type - Global Milk Infant Formula Sales Market Share, 2019-2030
    4.4 By Type - Global Milk Infant Formula Price (Manufacturers Selling Prices), 2019-2030
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Milk Infant Formula Market Size, 2023 & 2030
        5.1.2 0~6 Months Baby
        5.1.3 6~12 Months Baby
        5.1.4 1~3 Years Baby
    5.2 By Application - Global Milk Infant Formula Revenue & Forecasts
        5.2.1 By Application - Global Milk Infant Formula Revenue, 2019-2024
        5.2.2 By Application - Global Milk Infant Formula Revenue, 2025-2030
        5.2.3 By Application - Global Milk Infant Formula Revenue Market Share, 2019-2030
    5.3 By Application - Global Milk Infant Formula Sales & Forecasts
        5.3.1 By Application - Global Milk Infant Formula Sales, 2019-2024
        5.3.2 By Application - Global Milk Infant Formula Sales, 2025-2030
        5.3.3 By Application - Global Milk Infant Formula Sales Market Share, 2019-2030
    5.4 By Application - Global Milk Infant Formula Price (Manufacturers Selling Prices), 2019-2030
6 Sights by Region
    6.1 By Region - Global Milk Infant Formula Market Size, 2023 & 2030
    6.2 By Region - Global Milk Infant Formula Revenue & Forecasts
        6.2.1 By Region - Global Milk Infant Formula Revenue, 2019-2024
        6.2.2 By Region - Global Milk Infant Formula Revenue, 2025-2030
        6.2.3 By Region - Global Milk Infant Formula Revenue Market Share, 2019-2030
    6.3 By Region - Global Milk Infant Formula Sales & Forecasts
        6.3.1 By Region - Global Milk Infant Formula Sales, 2019-2024
        6.3.2 By Region - Global Milk Infant Formula Sales, 2025-2030
        6.3.3 By Region - Global Milk Infant Formula Sales Market Share, 2019-2030
    6.4 North America
        6.4.1 By Country - North America Milk Infant Formula Revenue, 2019-2030
        6.4.2 By Country - North America Milk Infant Formula Sales, 2019-2030
        6.4.3 US Milk Infant Formula Market Size, 2019-2030
        6.4.4 Canada Milk Infant Formula Market Size, 2019-2030
        6.4.5 Mexico Milk Infant Formula Market Size, 2019-2030
    6.5 Europe
        6.5.1 By Country - Europe Milk Infant Formula Revenue, 2019-2030
        6.5.2 By Country - Europe Milk Infant Formula Sales, 2019-2030
        6.5.3 Germany Milk Infant Formula Market Size, 2019-2030
        6.5.4 France Milk Infant Formula Market Size, 2019-2030
        6.5.5 U.K. Milk Infant Formula Market Size, 2019-2030
        6.5.6 Italy Milk Infant Formula Market Size, 2019-2030
        6.5.7 Russia Milk Infant Formula Market Size, 2019-2030
        6.5.8 Nordic Countries Milk Infant Formula Market Size, 2019-2030
        6.5.9 Benelux Milk Infant Formula Market Size, 2019-2030
    6.6 Asia
        6.6.1 By Region - Asia Milk Infant Formula Revenue, 2019-2030
        6.6.2 By Region - Asia Milk Infant Formula Sales, 2019-2030
        6.6.3 China Milk Infant Formula Market Size, 2019-2030
        6.6.4 Japan Milk Infant Formula Market Size, 2019-2030
        6.6.5 South Korea Milk Infant Formula Market Size, 2019-2030
        6.6.6 Southeast Asia Milk Infant Formula Market Size, 2019-2030
        6.6.7 India Milk Infant Formula Market Size, 2019-2030
    6.7 South America
        6.7.1 By Country - South America Milk Infant Formula Revenue, 2019-2030
        6.7.2 By Country - South America Milk Infant Formula Sales, 2019-2030
        6.7.3 Brazil Milk Infant Formula Market Size, 2019-2030
        6.7.4 Argentina Milk Infant Formula Market Size, 2019-2030
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Milk Infant Formula Revenue, 2019-2030
        6.8.2 By Country - Middle East & Africa Milk Infant Formula Sales, 2019-2030
        6.8.3 Turkey Milk Infant Formula Market Size, 2019-2030
        6.8.4 Israel Milk Infant Formula Market Size, 2019-2030
        6.8.5 Saudi Arabia Milk Infant Formula Market Size, 2019-2030
        6.8.6 UAE Milk Infant Formula Market Size, 2019-2030
7 Manufacturers & Brands Profiles
    7.1 Mead Johnson
        7.1.1 Mead Johnson Company Summary
        7.1.2 Mead Johnson Business Overview
        7.1.3 Mead Johnson Milk Infant Formula Major Product Offerings
        7.1.4 Mead Johnson Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.1.5 Mead Johnson Key News & Latest Developments
    7.2 Nestle
        7.2.1 Nestle Company Summary
        7.2.2 Nestle Business Overview
        7.2.3 Nestle Milk Infant Formula Major Product Offerings
        7.2.4 Nestle Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.2.5 Nestle Key News & Latest Developments
    7.3 Danone
        7.3.1 Danone Company Summary
        7.3.2 Danone Business Overview
        7.3.3 Danone Milk Infant Formula Major Product Offerings
        7.3.4 Danone Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.3.5 Danone Key News & Latest Developments
    7.4 Abbott
        7.4.1 Abbott Company Summary
        7.4.2 Abbott Business Overview
        7.4.3 Abbott Milk Infant Formula Major Product Offerings
        7.4.4 Abbott Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.4.5 Abbott Key News & Latest Developments
    7.5 FrieslandCampina
        7.5.1 FrieslandCampina Company Summary
        7.5.2 FrieslandCampina Business Overview
        7.5.3 FrieslandCampina Milk Infant Formula Major Product Offerings
        7.5.4 FrieslandCampina Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.5.5 FrieslandCampina Key News & Latest Developments
    7.6 Heinz
        7.6.1 Heinz Company Summary
        7.6.2 Heinz Business Overview
        7.6.3 Heinz Milk Infant Formula Major Product Offerings
        7.6.4 Heinz Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.6.5 Heinz Key News & Latest Developments
    7.7 Bellamy
        7.7.1 Bellamy Company Summary
        7.7.2 Bellamy Business Overview
        7.7.3 Bellamy Milk Infant Formula Major Product Offerings
        7.7.4 Bellamy Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.7.5 Bellamy Key News & Latest Developments
    7.8 Topfer
        7.8.1 Topfer Company Summary
        7.8.2 Topfer Business Overview
        7.8.3 Topfer Milk Infant Formula Major Product Offerings
        7.8.4 Topfer Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.8.5 Topfer Key News & Latest Developments
    7.9 HiPP
        7.9.1 HiPP Company Summary
        7.9.2 HiPP Business Overview
        7.9.3 HiPP Milk Infant Formula Major Product Offerings
        7.9.4 HiPP Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.9.5 HiPP Key News & Latest Developments
    7.10 Perrigo
        7.10.1 Perrigo Company Summary
        7.10.2 Perrigo Business Overview
        7.10.3 Perrigo Milk Infant Formula Major Product Offerings
        7.10.4 Perrigo Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.10.5 Perrigo Key News & Latest Developments
    7.11 Arla
        7.11.1 Arla Company Summary
        7.11.2 Arla Business Overview
        7.11.3 Arla Milk Infant Formula Major Product Offerings
        7.11.4 Arla Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.11.5 Arla Key News & Latest Developments
    7.12 Holle
        7.12.1 Holle Company Summary
        7.12.2 Holle Business Overview
        7.12.3 Holle Milk Infant Formula Major Product Offerings
        7.12.4 Holle Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.12.5 Holle Key News & Latest Developments
    7.13 Fonterra
        7.13.1 Fonterra Company Summary
        7.13.2 Fonterra Business Overview
        7.13.3 Fonterra Milk Infant Formula Major Product Offerings
        7.13.4 Fonterra Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.13.5 Fonterra Key News & Latest Developments
    7.14 Westland Dairy
        7.14.1 Westland Dairy Company Summary
        7.14.2 Westland Dairy Business Overview
        7.14.3 Westland Dairy Milk Infant Formula Major Product Offerings
        7.14.4 Westland Dairy Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.14.5 Westland Dairy Key News & Latest Developments
    7.15 Pinnacle
        7.15.1 Pinnacle Company Summary
        7.15.2 Pinnacle Business Overview
        7.15.3 Pinnacle Milk Infant Formula Major Product Offerings
        7.15.4 Pinnacle Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.15.5 Pinnacle Key News & Latest Developments
    7.16 Meiji
        7.16.1 Meiji Company Summary
        7.16.2 Meiji Business Overview
        7.16.3 Meiji Milk Infant Formula Major Product Offerings
        7.16.4 Meiji Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.16.5 Meiji Key News & Latest Developments
    7.17 Yili
        7.17.1 Yili Company Summary
        7.17.2 Yili Business Overview
        7.17.3 Yili Milk Infant Formula Major Product Offerings
        7.17.4 Yili Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.17.5 Yili Key News & Latest Developments
    7.18 Biostime
        7.18.1 Biostime Company Summary
        7.18.2 Biostime Business Overview
        7.18.3 Biostime Milk Infant Formula Major Product Offerings
        7.18.4 Biostime Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.18.5 Biostime Key News & Latest Developments
    7.19 Yashili
        7.19.1 Yashili Company Summary
        7.19.2 Yashili Business Overview
        7.19.3 Yashili Milk Infant Formula Major Product Offerings
        7.19.4 Yashili Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.19.5 Yashili Key News & Latest Developments
    7.20 Feihe
        7.20.1 Feihe Company Summary
        7.20.2 Feihe Business Overview
        7.20.3 Feihe Milk Infant Formula Major Product Offerings
        7.20.4 Feihe Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.20.5 Feihe Key News & Latest Developments
    7.21 Brightdairy
        7.21.1 Brightdairy Company Summary
        7.21.2 Brightdairy Business Overview
        7.21.3 Brightdairy Milk Infant Formula Major Product Offerings
        7.21.4 Brightdairy Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.21.5 Brightdairy Key News & Latest Developments
    7.22 Beingmate
        7.22.1 Beingmate Company Summary
        7.22.2 Beingmate Business Overview
        7.22.3 Beingmate Milk Infant Formula Major Product Offerings
        7.22.4 Beingmate Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.22.5 Beingmate Key News & Latest Developments
    7.23 Wonderson
        7.23.1 Wonderson Company Summary
        7.23.2 Wonderson Business Overview
        7.23.3 Wonderson Milk Infant Formula Major Product Offerings
        7.23.4 Wonderson Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.23.5 Wonderson Key News & Latest Developments
    7.24 Synutra
        7.24.1 Synutra Company Summary
        7.24.2 Synutra Business Overview
        7.24.3 Synutra Milk Infant Formula Major Product Offerings
        7.24.4 Synutra Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.24.5 Synutra Key News & Latest Developments
    7.25 Wissun
        7.25.1 Wissun Company Summary
        7.25.2 Wissun Business Overview
        7.25.3 Wissun Milk Infant Formula Major Product Offerings
        7.25.4 Wissun Milk Infant Formula Sales and Revenue in Global (2019-2024)
        7.25.5 Wissun Key News & Latest Developments
8 Global Milk Infant Formula Production Capacity, Analysis
    8.1 Global Milk Infant Formula Production Capacity, 2019-2030
    8.2 Milk Infant Formula Production Capacity of Key Manufacturers in Global Market
    8.3 Global Milk Infant Formula Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Milk Infant Formula Supply Chain Analysis
    10.1 Milk Infant Formula Industry Value Chain
    10.2 Milk Infant Formula Upstream Market
    10.3 Milk Infant Formula Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Milk Infant Formula Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer
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