The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Baby Foods and Infant Formula Market Research Report 2024
Synopsis
Baby food products help in fulfilling nutritional requirements of babies and help in their physical growth and development. Infant formula products are to meet the nutritional needs of babies by adding various nutrients to milk powder to achieve an effect close to breast milk.
The global Baby Foods and Infant Formula market was valued at US$ 36720 million in 2023 and is anticipated to reach US$ 42250 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
The major global manufacturers of baby food and formula include Beingmate, Hipp, Mead Johnson, Arla Foods, FrieslandCampina, Morinaga Milk, Yili Group, Danone, Abbott, Nestle, China Feihe, Hero Group and Meiji, etc., which are mainly distributed in Europe, North America, China and Japan, accounting for more than 60% of the market share. The world's largest consumer region is the Asia-Pacific region, which accounts for half of the market, followed by Europe and North America at 22 and 16 per cent, respectively.
Baby Foods and Infant Formula includes Milk Formula and Infant Complementary Foods, Milk Formula occupies the main market share. Among them, A2 Infant Formulas is the closest natural formula, so it is also widely favored by consumers. In 2019, it occupied 4% of the entire market.
The sales of Baby Foods and Infant Formula are mainly carried out through offline channels, of which Supermarket/Hypermarket and Baby Stores account for 23% and 36% of the market respectively in 2019. However, online sales will grow rapidly in the future.
This report aims to provide a comprehensive presentation of the global market for Baby Foods and Infant Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Foods and Infant Formula.
Report Scope
The Baby Foods and Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Foods and Infant Formula market comprehensively. Regional market sizes, concerning products by Type, by Sales Channel, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Foods and Infant Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Sales Channel, and by regions.
Market Segmentation
By Company
Beingmate
HiPP
Mead Johnson
Arla Foods
FrieslandCampina
Morinaga Milk
Yili Group
Danone
Abbott
Nestle
China Feihe
Hero Group
Meiji
Segment by Type
Milk Formula
A2 Infant Formulas
Infant Complementary Foods
Segment by Sales Channel
Offline Retail
E-Commerce
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Sales Channel, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Foods and Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Foods and 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, and market size of each country in the world.
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 Sales Channel, 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: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Baby food products help in fulfilling nutritional requirements of babies and help in their physical growth and development. Infant formula products are to meet the nutritional needs of babies by adding various nutrients to milk powder to achieve an effect close to breast milk.
The global Baby Foods and Infant Formula market was valued at US$ 36720 million in 2023 and is anticipated to reach US$ 42250 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
The major global manufacturers of baby food and formula include Beingmate, Hipp, Mead Johnson, Arla Foods, FrieslandCampina, Morinaga Milk, Yili Group, Danone, Abbott, Nestle, China Feihe, Hero Group and Meiji, etc., which are mainly distributed in Europe, North America, China and Japan, accounting for more than 60% of the market share. The world's largest consumer region is the Asia-Pacific region, which accounts for half of the market, followed by Europe and North America at 22 and 16 per cent, respectively.
Baby Foods and Infant Formula includes Milk Formula and Infant Complementary Foods, Milk Formula occupies the main market share. Among them, A2 Infant Formulas is the closest natural formula, so it is also widely favored by consumers. In 2019, it occupied 4% of the entire market.
The sales of Baby Foods and Infant Formula are mainly carried out through offline channels, of which Supermarket/Hypermarket and Baby Stores account for 23% and 36% of the market respectively in 2019. However, online sales will grow rapidly in the future.
This report aims to provide a comprehensive presentation of the global market for Baby Foods and Infant Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Foods and Infant Formula.
Report Scope
The Baby Foods and Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Foods and Infant Formula market comprehensively. Regional market sizes, concerning products by Type, by Sales Channel, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Foods and Infant Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Sales Channel, and by regions.
Market Segmentation
By Company
Beingmate
HiPP
Mead Johnson
Arla Foods
FrieslandCampina
Morinaga Milk
Yili Group
Danone
Abbott
Nestle
China Feihe
Hero Group
Meiji
Segment by Type
Milk Formula
A2 Infant Formulas
Infant Complementary Foods
Segment by Sales Channel
Offline Retail
E-Commerce
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Sales Channel, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Foods and Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Foods and 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, and market size of each country in the world.
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 Sales Channel, 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: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Baby Foods and Infant Formula Market Overview
1.1 Product Overview and Scope of Baby Foods and Infant Formula
1.2 Baby Foods and Infant Formula Segment by Type
1.2.1 Global Baby Foods and Infant Formula Market Value Comparison by Type (2024-2030)
1.2.2 Milk Formula
1.2.3 A2 Infant Formulas
1.2.4 Infant Complementary Foods
1.3 Baby Foods and Infant Formula Segment by Sales Channel
1.3.1 Global Baby Foods and Infant Formula Market Value by Sales Channel: (2024-2030)
1.3.2 Offline Retail
1.3.3 E-Commerce
1.4 Global Baby Foods and Infant Formula Market Size Estimates and Forecasts
1.4.1 Global Baby Foods and Infant Formula Revenue 2019-2030
1.4.2 Global Baby Foods and Infant Formula Sales 2019-2030
1.4.3 Global Baby Foods and Infant Formula Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Baby Foods and Infant Formula Market Competition by Manufacturers
2.1 Global Baby Foods and Infant Formula Sales Market Share by Manufacturers (2019-2024)
2.2 Global Baby Foods and Infant Formula Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Baby Foods and Infant Formula Average Price by Manufacturers (2019-2024)
2.4 Global Baby Foods and Infant Formula Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Baby Foods and Infant Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Baby Foods and Infant Formula, Product Type & Application
2.7 Baby Foods and Infant Formula Market Competitive Situation and Trends
2.7.1 Baby Foods and Infant Formula Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Baby Foods and Infant Formula Players Market Share by Revenue
2.7.3 Global Baby Foods and Infant Formula Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Baby Foods and Infant Formula Retrospective Market Scenario by Region
3.1 Global Baby Foods and Infant Formula Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Baby Foods and Infant Formula Global Baby Foods and Infant Formula Sales by Region: 2019-2030
3.2.1 Global Baby Foods and Infant Formula Sales by Region: 2019-2024
3.2.2 Global Baby Foods and Infant Formula Sales by Region: 2025-2030
3.3 Global Baby Foods and Infant Formula Global Baby Foods and Infant Formula Revenue by Region: 2019-2030
3.3.1 Global Baby Foods and Infant Formula Revenue by Region: 2019-2024
3.3.2 Global Baby Foods and Infant Formula Revenue by Region: 2025-2030
3.4 North America Baby Foods and Infant Formula Market Facts & Figures by Country
3.4.1 North America Baby Foods and Infant Formula Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Baby Foods and Infant Formula Sales by Country (2019-2030)
3.4.3 North America Baby Foods and Infant Formula Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Baby Foods and Infant Formula Market Facts & Figures by Country
3.5.1 Europe Baby Foods and Infant Formula Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Baby Foods and Infant Formula Sales by Country (2019-2030)
3.5.3 Europe Baby Foods and Infant Formula Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Baby Foods and Infant Formula Market Facts & Figures by Country
3.6.1 Asia Pacific Baby Foods and Infant Formula Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Baby Foods and Infant Formula Sales by Country (2019-2030)
3.6.3 Asia Pacific Baby Foods and Infant Formula Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Baby Foods and Infant Formula Market Facts & Figures by Country
3.7.1 Latin America Baby Foods and Infant Formula Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Baby Foods and Infant Formula Sales by Country (2019-2030)
3.7.3 Latin America Baby Foods and Infant Formula Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Baby Foods and Infant Formula Market Facts & Figures by Country
3.8.1 Middle East and Africa Baby Foods and Infant Formula Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Baby Foods and Infant Formula Sales by Country (2019-2030)
3.8.3 Middle East and Africa Baby Foods and Infant Formula Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Baby Foods and Infant Formula Sales by Type (2019-2030)
4.1.1 Global Baby Foods and Infant Formula Sales by Type (2019-2024)
4.1.2 Global Baby Foods and Infant Formula Sales by Type (2025-2030)
4.1.3 Global Baby Foods and Infant Formula Sales Market Share by Type (2019-2030)
4.2 Global Baby Foods and Infant Formula Revenue by Type (2019-2030)
4.2.1 Global Baby Foods and Infant Formula Revenue by Type (2019-2024)
4.2.2 Global Baby Foods and Infant Formula Revenue by Type (2025-2030)
4.2.3 Global Baby Foods and Infant Formula Revenue Market Share by Type (2019-2030)
4.3 Global Baby Foods and Infant Formula Price by Type (2019-2030)
5 Segment by Sales Channel
5.1 Global Baby Foods and Infant Formula Sales by Sales Channel (2019-2030)
5.1.1 Global Baby Foods and Infant Formula Sales by Sales Channel (2019-2024)
5.1.2 Global Baby Foods and Infant Formula Sales by Sales Channel (2025-2030)
5.1.3 Global Baby Foods and Infant Formula Sales Market Share by Sales Channel (2019-2030)
5.2 Global Baby Foods and Infant Formula Revenue by Sales Channel (2019-2030)
5.2.1 Global Baby Foods and Infant Formula Revenue by Sales Channel (2019-2024)
5.2.2 Global Baby Foods and Infant Formula Revenue by Sales Channel (2025-2030)
5.2.3 Global Baby Foods and Infant Formula Revenue Market Share by Sales Channel (2019-2030)
5.3 Global Baby Foods and Infant Formula Price by Sales Channel (2019-2030)
6 Key Companies Profiled
6.1 Beingmate
6.1.1 Beingmate Corporation Information
6.1.2 Beingmate Description and Business Overview
6.1.3 Beingmate Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Beingmate Baby Foods and Infant Formula Product Portfolio
6.1.5 Beingmate Recent Developments/Updates
6.2 HiPP
6.2.1 HiPP Corporation Information
6.2.2 HiPP Description and Business Overview
6.2.3 HiPP Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.2.4 HiPP Baby Foods and Infant Formula Product Portfolio
6.2.5 HiPP Recent Developments/Updates
6.3 Mead Johnson
6.3.1 Mead Johnson Corporation Information
6.3.2 Mead Johnson Description and Business Overview
6.3.3 Mead Johnson Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Mead Johnson Baby Foods and Infant Formula Product Portfolio
6.3.5 Mead Johnson Recent Developments/Updates
6.4 Arla Foods
6.4.1 Arla Foods Corporation Information
6.4.2 Arla Foods Description and Business Overview
6.4.3 Arla Foods Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Arla Foods Baby Foods and Infant Formula Product Portfolio
6.4.5 Arla Foods Recent Developments/Updates
6.5 FrieslandCampina
6.5.1 FrieslandCampina Corporation Information
6.5.2 FrieslandCampina Description and Business Overview
6.5.3 FrieslandCampina Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.5.4 FrieslandCampina Baby Foods and Infant Formula Product Portfolio
6.5.5 FrieslandCampina Recent Developments/Updates
6.6 Morinaga Milk
6.6.1 Morinaga Milk Corporation Information
6.6.2 Morinaga Milk Description and Business Overview
6.6.3 Morinaga Milk Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Morinaga Milk Baby Foods and Infant Formula Product Portfolio
6.6.5 Morinaga Milk Recent Developments/Updates
6.7 Yili Group
6.6.1 Yili Group Corporation Information
6.6.2 Yili Group Description and Business Overview
6.6.3 Yili Group Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Yili Group Baby Foods and Infant Formula Product Portfolio
6.7.5 Yili Group Recent Developments/Updates
6.8 Danone
6.8.1 Danone Corporation Information
6.8.2 Danone Description and Business Overview
6.8.3 Danone Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Danone Baby Foods and Infant Formula Product Portfolio
6.8.5 Danone Recent Developments/Updates
6.9 Abbott
6.9.1 Abbott Corporation Information
6.9.2 Abbott Description and Business Overview
6.9.3 Abbott Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Abbott Baby Foods and Infant Formula Product Portfolio
6.9.5 Abbott Recent Developments/Updates
6.10 Nestle
6.10.1 Nestle Corporation Information
6.10.2 Nestle Description and Business Overview
6.10.3 Nestle Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Nestle Baby Foods and Infant Formula Product Portfolio
6.10.5 Nestle Recent Developments/Updates
6.11 China Feihe
6.11.1 China Feihe Corporation Information
6.11.2 China Feihe Baby Foods and Infant Formula Description and Business Overview
6.11.3 China Feihe Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.11.4 China Feihe Baby Foods and Infant Formula Product Portfolio
6.11.5 China Feihe Recent Developments/Updates
6.12 Hero Group
6.12.1 Hero Group Corporation Information
6.12.2 Hero Group Baby Foods and Infant Formula Description and Business Overview
6.12.3 Hero Group Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Hero Group Baby Foods and Infant Formula Product Portfolio
6.12.5 Hero Group Recent Developments/Updates
6.13 Meiji
6.13.1 Meiji Corporation Information
6.13.2 Meiji Baby Foods and Infant Formula Description and Business Overview
6.13.3 Meiji Baby Foods and Infant Formula Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Meiji Baby Foods and Infant Formula Product Portfolio
6.13.5 Meiji Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Baby Foods and Infant Formula Industry Chain Analysis
7.2 Baby Foods and Infant Formula Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Baby Foods and Infant Formula Production Mode & Process
7.4 Baby Foods and Infant Formula Sales and Marketing
7.4.1 Baby Foods and Infant Formula Sales Channels
7.4.2 Baby Foods and Infant Formula Distributors
7.5 Baby Foods and Infant Formula Customers
8 Baby Foods and Infant Formula Market Dynamics
8.1 Baby Foods and Infant Formula Industry Trends
8.2 Baby Foods and Infant Formula Market Drivers
8.3 Baby Foods and Infant Formula Market Challenges
8.4 Baby Foods and Infant Formula Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Retail Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
