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Global Baby Formula Oil Ingredients Market Research Report 2024
Synopsis
The human infant was designed to consume a high-fat diet. Roughly 50% of the calories in breast milk come from fat. All baby formulas provide roughly that much fat as well. Fat consists of smaller components known as fatty acids. Baby formulas all contain a blend of different fats and oils to provide the infant with a fatty acid composition similar to that of breast milk. The most common oils could be seen in baby formula ingredients are: palm olein oil, soy oil, coconut oil, high oleic sunflower oil and high oleic safflower oil, in various combinations.
The global Baby Formula Oil Ingredients market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Baby Formula Oil Ingredients, 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 Formula Oil Ingredients.
Report Scope
The Baby Formula Oil Ingredients market size, estimations, and forecasts are provided in terms of sales volume (K Tonnes) 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 Formula Oil Ingredients market comprehensively. Regional market sizes, concerning products by Type, by Application, 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 Formula Oil Ingredients 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 Application, and by regions.
Market Segmentation
By Company
AAK
Bunge Loders Croklaan
Advanced Lipids
Wilmar(Yihai Kerry)
GrainCorp Foods
Danisco/DuPont
Fuji Oil Holdings
Stepan International
Segment by Type
OPO Fat
Other Oils and Fats
Segment by Application
0-6 Months Baby
6-12 Months Baby
12-36 Months Baby
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
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, 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 Formula Oil Ingredients manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Formula Oil Ingredients 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 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: 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.
The human infant was designed to consume a high-fat diet. Roughly 50% of the calories in breast milk come from fat. All baby formulas provide roughly that much fat as well. Fat consists of smaller components known as fatty acids. Baby formulas all contain a blend of different fats and oils to provide the infant with a fatty acid composition similar to that of breast milk. The most common oils could be seen in baby formula ingredients are: palm olein oil, soy oil, coconut oil, high oleic sunflower oil and high oleic safflower oil, in various combinations.
The global Baby Formula Oil Ingredients market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Baby Formula Oil Ingredients, 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 Formula Oil Ingredients.
Report Scope
The Baby Formula Oil Ingredients market size, estimations, and forecasts are provided in terms of sales volume (K Tonnes) 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 Formula Oil Ingredients market comprehensively. Regional market sizes, concerning products by Type, by Application, 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 Formula Oil Ingredients 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 Application, and by regions.
Market Segmentation
By Company
AAK
Bunge Loders Croklaan
Advanced Lipids
Wilmar(Yihai Kerry)
GrainCorp Foods
Danisco/DuPont
Fuji Oil Holdings
Stepan International
Segment by Type
OPO Fat
Other Oils and Fats
Segment by Application
0-6 Months Baby
6-12 Months Baby
12-36 Months Baby
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
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, 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 Formula Oil Ingredients manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Formula Oil Ingredients 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 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: 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 Formula Oil Ingredients Market Overview
1.1 Product Overview and Scope of Baby Formula Oil Ingredients
1.2 Baby Formula Oil Ingredients Segment by Type
1.2.1 Global Baby Formula Oil Ingredients Market Value Comparison by Type (2024-2030)
1.2.2 OPO Fat
1.2.3 Other Oils and Fats
1.3 Baby Formula Oil Ingredients Segment by Application
1.3.1 Global Baby Formula Oil Ingredients Market Value by Application: (2024-2030)
1.3.2 0-6 Months Baby
1.3.3 6-12 Months Baby
1.3.4 12-36 Months Baby
1.4 Global Baby Formula Oil Ingredients Market Size Estimates and Forecasts
1.4.1 Global Baby Formula Oil Ingredients Revenue 2019-2030
1.4.2 Global Baby Formula Oil Ingredients Sales 2019-2030
1.4.3 Global Baby Formula Oil Ingredients Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Baby Formula Oil Ingredients Market Competition by Manufacturers
2.1 Global Baby Formula Oil Ingredients Sales Market Share by Manufacturers (2019-2024)
2.2 Global Baby Formula Oil Ingredients Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Baby Formula Oil Ingredients Average Price by Manufacturers (2019-2024)
2.4 Global Baby Formula Oil Ingredients Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Baby Formula Oil Ingredients, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Baby Formula Oil Ingredients, Product Type & Application
2.7 Baby Formula Oil Ingredients Market Competitive Situation and Trends
2.7.1 Baby Formula Oil Ingredients Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Baby Formula Oil Ingredients Players Market Share by Revenue
2.7.3 Global Baby Formula Oil Ingredients Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Baby Formula Oil Ingredients Retrospective Market Scenario by Region
3.1 Global Baby Formula Oil Ingredients Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Baby Formula Oil Ingredients Global Baby Formula Oil Ingredients Sales by Region: 2019-2030
3.2.1 Global Baby Formula Oil Ingredients Sales by Region: 2019-2024
3.2.2 Global Baby Formula Oil Ingredients Sales by Region: 2025-2030
3.3 Global Baby Formula Oil Ingredients Global Baby Formula Oil Ingredients Revenue by Region: 2019-2030
3.3.1 Global Baby Formula Oil Ingredients Revenue by Region: 2019-2024
3.3.2 Global Baby Formula Oil Ingredients Revenue by Region: 2025-2030
3.4 North America Baby Formula Oil Ingredients Market Facts & Figures by Country
3.4.1 North America Baby Formula Oil Ingredients Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Baby Formula Oil Ingredients Sales by Country (2019-2030)
3.4.3 North America Baby Formula Oil Ingredients Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Baby Formula Oil Ingredients Market Facts & Figures by Country
3.5.1 Europe Baby Formula Oil Ingredients Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Baby Formula Oil Ingredients Sales by Country (2019-2030)
3.5.3 Europe Baby Formula Oil Ingredients 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 Formula Oil Ingredients Market Facts & Figures by Country
3.6.1 Asia Pacific Baby Formula Oil Ingredients Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Baby Formula Oil Ingredients Sales by Country (2019-2030)
3.6.3 Asia Pacific Baby Formula Oil Ingredients 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 Formula Oil Ingredients Market Facts & Figures by Country
3.7.1 Latin America Baby Formula Oil Ingredients Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Baby Formula Oil Ingredients Sales by Country (2019-2030)
3.7.3 Latin America Baby Formula Oil Ingredients Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Baby Formula Oil Ingredients Market Facts & Figures by Country
3.8.1 Middle East and Africa Baby Formula Oil Ingredients Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Baby Formula Oil Ingredients Sales by Country (2019-2030)
3.8.3 Middle East and Africa Baby Formula Oil Ingredients Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Baby Formula Oil Ingredients Sales by Type (2019-2030)
4.1.1 Global Baby Formula Oil Ingredients Sales by Type (2019-2024)
4.1.2 Global Baby Formula Oil Ingredients Sales by Type (2025-2030)
4.1.3 Global Baby Formula Oil Ingredients Sales Market Share by Type (2019-2030)
4.2 Global Baby Formula Oil Ingredients Revenue by Type (2019-2030)
4.2.1 Global Baby Formula Oil Ingredients Revenue by Type (2019-2024)
4.2.2 Global Baby Formula Oil Ingredients Revenue by Type (2025-2030)
4.2.3 Global Baby Formula Oil Ingredients Revenue Market Share by Type (2019-2030)
4.3 Global Baby Formula Oil Ingredients Price by Type (2019-2030)
5 Segment by Application
5.1 Global Baby Formula Oil Ingredients Sales by Application (2019-2030)
5.1.1 Global Baby Formula Oil Ingredients Sales by Application (2019-2024)
5.1.2 Global Baby Formula Oil Ingredients Sales by Application (2025-2030)
5.1.3 Global Baby Formula Oil Ingredients Sales Market Share by Application (2019-2030)
5.2 Global Baby Formula Oil Ingredients Revenue by Application (2019-2030)
5.2.1 Global Baby Formula Oil Ingredients Revenue by Application (2019-2024)
5.2.2 Global Baby Formula Oil Ingredients Revenue by Application (2025-2030)
5.2.3 Global Baby Formula Oil Ingredients Revenue Market Share by Application (2019-2030)
5.3 Global Baby Formula Oil Ingredients Price by Application (2019-2030)
6 Key Companies Profiled
6.1 AAK
6.1.1 AAK Corporation Information
6.1.2 AAK Description and Business Overview
6.1.3 AAK Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.1.4 AAK Baby Formula Oil Ingredients Product Portfolio
6.1.5 AAK Recent Developments/Updates
6.2 Bunge Loders Croklaan
6.2.1 Bunge Loders Croklaan Corporation Information
6.2.2 Bunge Loders Croklaan Description and Business Overview
6.2.3 Bunge Loders Croklaan Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Bunge Loders Croklaan Baby Formula Oil Ingredients Product Portfolio
6.2.5 Bunge Loders Croklaan Recent Developments/Updates
6.3 Advanced Lipids
6.3.1 Advanced Lipids Corporation Information
6.3.2 Advanced Lipids Description and Business Overview
6.3.3 Advanced Lipids Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Advanced Lipids Baby Formula Oil Ingredients Product Portfolio
6.3.5 Advanced Lipids Recent Developments/Updates
6.4 Wilmar(Yihai Kerry)
6.4.1 Wilmar(Yihai Kerry) Corporation Information
6.4.2 Wilmar(Yihai Kerry) Description and Business Overview
6.4.3 Wilmar(Yihai Kerry) Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Wilmar(Yihai Kerry) Baby Formula Oil Ingredients Product Portfolio
6.4.5 Wilmar(Yihai Kerry) Recent Developments/Updates
6.5 GrainCorp Foods
6.5.1 GrainCorp Foods Corporation Information
6.5.2 GrainCorp Foods Description and Business Overview
6.5.3 GrainCorp Foods Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.5.4 GrainCorp Foods Baby Formula Oil Ingredients Product Portfolio
6.5.5 GrainCorp Foods Recent Developments/Updates
6.6 Danisco/DuPont
6.6.1 Danisco/DuPont Corporation Information
6.6.2 Danisco/DuPont Description and Business Overview
6.6.3 Danisco/DuPont Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Danisco/DuPont Baby Formula Oil Ingredients Product Portfolio
6.6.5 Danisco/DuPont Recent Developments/Updates
6.7 Fuji Oil Holdings
6.6.1 Fuji Oil Holdings Corporation Information
6.6.2 Fuji Oil Holdings Description and Business Overview
6.6.3 Fuji Oil Holdings Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Fuji Oil Holdings Baby Formula Oil Ingredients Product Portfolio
6.7.5 Fuji Oil Holdings Recent Developments/Updates
6.8 Stepan International
6.8.1 Stepan International Corporation Information
6.8.2 Stepan International Description and Business Overview
6.8.3 Stepan International Baby Formula Oil Ingredients Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Stepan International Baby Formula Oil Ingredients Product Portfolio
6.8.5 Stepan International Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Baby Formula Oil Ingredients Industry Chain Analysis
7.2 Baby Formula Oil Ingredients Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Baby Formula Oil Ingredients Production Mode & Process
7.4 Baby Formula Oil Ingredients Sales and Marketing
7.4.1 Baby Formula Oil Ingredients Sales Channels
7.4.2 Baby Formula Oil Ingredients Distributors
7.5 Baby Formula Oil Ingredients Customers
8 Baby Formula Oil Ingredients Market Dynamics
8.1 Baby Formula Oil Ingredients Industry Trends
8.2 Baby Formula Oil Ingredients Market Drivers
8.3 Baby Formula Oil Ingredients Market Challenges
8.4 Baby Formula Oil Ingredients 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
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