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Baby Milk Powder-Global Market Insights and Sales Trends 2025
Synopsis
The global Baby Milk Powder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Baby Milk Powder in various end use industries. The expanding demands from the Infant Under 6 Months, Infant Between 6 And 12 Months, Infant Between 12 And 36 Months and Infant Above 3 Years Old, are propelling Baby Milk Powder market. Milk-based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic segment is estimated at % CAGR for the next seven-year 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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Baby Milk Powder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Baby Milk Powder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Baby Milk Powder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Baby Milk Powder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Baby Milk Powder covered in this report include Enfamil, Abbott, Gerber, HiPP, Earth's Best, Baby's Only Organic and Plum Organics, etc.
The global Baby Milk Powder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Enfamil
Abbott
Gerber
HiPP
Earth's Best
Baby's Only Organic
Plum Organics
Global Baby Milk Powder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Baby Milk Powder market, Segment by Type:
Milk-based
Organic
Toddler
Hypoallergenic
Global Baby Milk Powder market, by Application
Infant Under 6 Months
Infant Between 6 And 12 Months
Infant Between 12 And 36 Months
Infant Above 3 Years Old
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Baby Milk Powder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Baby Milk Powder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Baby Milk Powder market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Baby Milk Powder in various end use industries. The expanding demands from the Infant Under 6 Months, Infant Between 6 And 12 Months, Infant Between 12 And 36 Months and Infant Above 3 Years Old, are propelling Baby Milk Powder market. Milk-based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic segment is estimated at % CAGR for the next seven-year 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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Baby Milk Powder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Baby Milk Powder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Baby Milk Powder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Baby Milk Powder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Baby Milk Powder covered in this report include Enfamil, Abbott, Gerber, HiPP, Earth's Best, Baby's Only Organic and Plum Organics, etc.
The global Baby Milk Powder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Enfamil
Abbott
Gerber
HiPP
Earth's Best
Baby's Only Organic
Plum Organics
Global Baby Milk Powder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Baby Milk Powder market, Segment by Type:
Milk-based
Organic
Toddler
Hypoallergenic
Global Baby Milk Powder market, by Application
Infant Under 6 Months
Infant Between 6 And 12 Months
Infant Between 12 And 36 Months
Infant Above 3 Years Old
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Baby Milk Powder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Baby Milk Powder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Baby Milk Powder Market Overview
1.1 Baby Milk Powder Product Overview
1.2 Baby Milk Powder Market Segment by Type
1.2.1 Milk-based
1.2.2 Organic
1.2.3 Toddler
1.2.4 Hypoallergenic
1.3 Global Baby Milk Powder Market Size by Type
1.3.1 Global Baby Milk Powder Market Size Overview by Type (2018-2029)
1.3.2 Global Baby Milk Powder Historic Market Size Review by Type (2018-2023)
1.3.3 Global Baby Milk Powder Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Baby Milk Powder Sales Breakdown by Type (2018-2023)
1.4.2 Europe Baby Milk Powder Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Baby Milk Powder Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Baby Milk Powder Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Baby Milk Powder Sales Breakdown by Type (2018-2023)
2 Global Baby Milk Powder Market Competition by Company
2.1 Global Top Players by Baby Milk Powder Sales (2018-2023)
2.2 Global Top Players by Baby Milk Powder Revenue (2018-2023)
2.3 Global Top Players by Baby Milk Powder Price (2018-2023)
2.4 Global Top Manufacturers Baby Milk Powder Manufacturing Base Distribution, Sales Area, Product Type
2.5 Baby Milk Powder Market Competitive Situation and Trends
2.5.1 Baby Milk Powder Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Baby Milk Powder Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Baby Milk Powder as of 2022)
2.7 Date of Key Manufacturers Enter into Baby Milk Powder Market
2.8 Key Manufacturers Baby Milk Powder Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Baby Milk Powder Status and Outlook by Region
3.1 Global Baby Milk Powder Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Baby Milk Powder Historic Market Size by Region
3.2.1 Global Baby Milk Powder Sales in Volume by Region (2018-2023)
3.2.2 Global Baby Milk Powder Sales in Value by Region (2018-2023)
3.2.3 Global Baby Milk Powder Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Baby Milk Powder Forecasted Market Size by Region
3.3.1 Global Baby Milk Powder Sales in Volume by Region (2024-2029)
3.3.2 Global Baby Milk Powder Sales in Value by Region (2024-2029)
3.3.3 Global Baby Milk Powder Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Baby Milk Powder by Application
4.1 Baby Milk Powder Market Segment by Application
4.1.1 Infant Under 6 Months
4.1.2 Infant Between 6 And 12 Months
4.1.3 Infant Between 12 And 36 Months
4.1.4 Infant Above 3 Years Old
4.2 Global Baby Milk Powder Market Size by Application
4.2.1 Global Baby Milk Powder Market Size Overview by Application (2018-2029)
4.2.2 Global Baby Milk Powder Historic Market Size Review by Application (2018-2023)
4.2.3 Global Baby Milk Powder Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Baby Milk Powder Sales Breakdown by Application (2018-2023)
4.3.2 Europe Baby Milk Powder Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Baby Milk Powder Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Baby Milk Powder Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Baby Milk Powder Sales Breakdown by Application (2018-2023)
5 North America Baby Milk Powder by Country
5.1 North America Baby Milk Powder Historic Market Size by Country
5.1.1 North America Baby Milk Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Baby Milk Powder Sales in Volume by Country (2018-2023)
5.1.3 North America Baby Milk Powder Sales in Value by Country (2018-2023)
5.2 North America Baby Milk Powder Forecasted Market Size by Country
5.2.1 North America Baby Milk Powder Sales in Volume by Country (2024-2029)
5.2.2 North America Baby Milk Powder Sales in Value by Country (2024-2029)
6 Europe Baby Milk Powder by Country
6.1 Europe Baby Milk Powder Historic Market Size by Country
6.1.1 Europe Baby Milk Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Baby Milk Powder Sales in Volume by Country (2018-2023)
6.1.3 Europe Baby Milk Powder Sales in Value by Country (2018-2023)
6.2 Europe Baby Milk Powder Forecasted Market Size by Country
6.2.1 Europe Baby Milk Powder Sales in Volume by Country (2024-2029)
6.2.2 Europe Baby Milk Powder Sales in Value by Country (2024-2029)
7 Asia-Pacific Baby Milk Powder by Region
7.1 Asia-Pacific Baby Milk Powder Historic Market Size by Region
7.1.1 Asia-Pacific Baby Milk Powder Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Baby Milk Powder Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Baby Milk Powder Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Baby Milk Powder Forecasted Market Size by Region
7.2.1 Asia-Pacific Baby Milk Powder Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Baby Milk Powder Sales in Value by Region (2024-2029)
8 Latin America Baby Milk Powder by Country
8.1 Latin America Baby Milk Powder Historic Market Size by Country
8.1.1 Latin America Baby Milk Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Baby Milk Powder Sales in Volume by Country (2018-2023)
8.1.3 Latin America Baby Milk Powder Sales in Value by Country (2018-2023)
8.2 Latin America Baby Milk Powder Forecasted Market Size by Country
8.2.1 Latin America Baby Milk Powder Sales in Volume by Country (2024-2029)
8.2.2 Latin America Baby Milk Powder Sales in Value by Country (2024-2029)
9 Middle East and Africa Baby Milk Powder by Country
9.1 Middle East and Africa Baby Milk Powder Historic Market Size by Country
9.1.1 Middle East and Africa Baby Milk Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Baby Milk Powder Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Baby Milk Powder Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Baby Milk Powder Forecasted Market Size by Country
9.2.1 Middle East and Africa Baby Milk Powder Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Baby Milk Powder Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Enfamil
10.1.1 Enfamil Company Information
10.1.2 Enfamil Introduction and Business Overview
10.1.3 Enfamil Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Enfamil Baby Milk Powder Products Offered
10.1.5 Enfamil Recent Development
10.2 Abbott
10.2.1 Abbott Company Information
10.2.2 Abbott Introduction and Business Overview
10.2.3 Abbott Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Abbott Baby Milk Powder Products Offered
10.2.5 Abbott Recent Development
10.3 Gerber
10.3.1 Gerber Company Information
10.3.2 Gerber Introduction and Business Overview
10.3.3 Gerber Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gerber Baby Milk Powder Products Offered
10.3.5 Gerber Recent Development
10.4 HiPP
10.4.1 HiPP Company Information
10.4.2 HiPP Introduction and Business Overview
10.4.3 HiPP Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.4.4 HiPP Baby Milk Powder Products Offered
10.4.5 HiPP Recent Development
10.5 Earth's Best
10.5.1 Earth's Best Company Information
10.5.2 Earth's Best Introduction and Business Overview
10.5.3 Earth's Best Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Earth's Best Baby Milk Powder Products Offered
10.5.5 Earth's Best Recent Development
10.6 Baby's Only Organic
10.6.1 Baby's Only Organic Company Information
10.6.2 Baby's Only Organic Introduction and Business Overview
10.6.3 Baby's Only Organic Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Baby's Only Organic Baby Milk Powder Products Offered
10.6.5 Baby's Only Organic Recent Development
10.7 Plum Organics
10.7.1 Plum Organics Company Information
10.7.2 Plum Organics Introduction and Business Overview
10.7.3 Plum Organics Baby Milk Powder Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Plum Organics Baby Milk Powder Products Offered
10.7.5 Plum Organics Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Baby Milk Powder Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Baby Milk Powder Industrial Chain Analysis
11.4 Baby Milk Powder Market Dynamics
11.4.1 Baby Milk Powder Industry Trends
11.4.2 Baby Milk Powder Market Drivers
11.4.3 Baby Milk Powder Market Challenges
11.4.4 Baby Milk Powder Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Baby Milk Powder Distributors
12.3 Baby Milk Powder Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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