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Global Breast Milk Substitute Market Research Report 2024
Synopsis
Breastmilk substitute (BMS): any food being marketed or otherwise represented as a partial or total replacement for breastmilk, whether or not suitable for that purpose.
The global Breast Milk Substitute 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.
North American market for Breast Milk Substitute is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Breast Milk Substitute is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Breast Milk Substitute include Danone, Nestle, Abbott Nutrition, Mead Johnson (Reckitt Benckiser) and Kraft Heinz, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Breast Milk Substitute, 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 Breast Milk Substitute.
Report Scope
The Breast Milk Substitute 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 Breast Milk Substitute 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 Breast Milk Substitute 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
Danone
Nestle
Abbott Nutrition
Mead Johnson (Reckitt Benckiser)
Kraft Heinz
Segment by Type
Milk-based formula
Soy-based formula
Hypoallergenic formula
Others
Segment by Application
Pharmacies
Retail Stores
Others
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 Breast Milk Substitute manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Breast Milk Substitute 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.
Breastmilk substitute (BMS): any food being marketed or otherwise represented as a partial or total replacement for breastmilk, whether or not suitable for that purpose.
The global Breast Milk Substitute 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.
North American market for Breast Milk Substitute is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Breast Milk Substitute is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Breast Milk Substitute include Danone, Nestle, Abbott Nutrition, Mead Johnson (Reckitt Benckiser) and Kraft Heinz, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Breast Milk Substitute, 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 Breast Milk Substitute.
Report Scope
The Breast Milk Substitute 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 Breast Milk Substitute 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 Breast Milk Substitute 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
Danone
Nestle
Abbott Nutrition
Mead Johnson (Reckitt Benckiser)
Kraft Heinz
Segment by Type
Milk-based formula
Soy-based formula
Hypoallergenic formula
Others
Segment by Application
Pharmacies
Retail Stores
Others
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 Breast Milk Substitute manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Breast Milk Substitute 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 Breast Milk Substitute Market Overview
1.1 Product Overview and Scope of Breast Milk Substitute
1.2 Breast Milk Substitute Segment by Type
1.2.1 Global Breast Milk Substitute Market Value Comparison by Type (2024-2030)
1.2.2 Milk-based formula
1.2.3 Soy-based formula
1.2.4 Hypoallergenic formula
1.2.5 Others
1.3 Breast Milk Substitute Segment by Application
1.3.1 Global Breast Milk Substitute Market Value by Application: (2024-2030)
1.3.2 Pharmacies
1.3.3 Retail Stores
1.3.4 Others
1.4 Global Breast Milk Substitute Market Size Estimates and Forecasts
1.4.1 Global Breast Milk Substitute Revenue 2019-2030
1.4.2 Global Breast Milk Substitute Sales 2019-2030
1.4.3 Global Breast Milk Substitute Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Breast Milk Substitute Market Competition by Manufacturers
2.1 Global Breast Milk Substitute Sales Market Share by Manufacturers (2019-2024)
2.2 Global Breast Milk Substitute Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Breast Milk Substitute Average Price by Manufacturers (2019-2024)
2.4 Global Breast Milk Substitute Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Breast Milk Substitute, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Breast Milk Substitute, Product Type & Application
2.7 Breast Milk Substitute Market Competitive Situation and Trends
2.7.1 Breast Milk Substitute Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Breast Milk Substitute Players Market Share by Revenue
2.7.3 Global Breast Milk Substitute Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Breast Milk Substitute Retrospective Market Scenario by Region
3.1 Global Breast Milk Substitute Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Breast Milk Substitute Global Breast Milk Substitute Sales by Region: 2019-2030
3.2.1 Global Breast Milk Substitute Sales by Region: 2019-2024
3.2.2 Global Breast Milk Substitute Sales by Region: 2025-2030
3.3 Global Breast Milk Substitute Global Breast Milk Substitute Revenue by Region: 2019-2030
3.3.1 Global Breast Milk Substitute Revenue by Region: 2019-2024
3.3.2 Global Breast Milk Substitute Revenue by Region: 2025-2030
3.4 North America Breast Milk Substitute Market Facts & Figures by Country
3.4.1 North America Breast Milk Substitute Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Breast Milk Substitute Sales by Country (2019-2030)
3.4.3 North America Breast Milk Substitute Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Breast Milk Substitute Market Facts & Figures by Country
3.5.1 Europe Breast Milk Substitute Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Breast Milk Substitute Sales by Country (2019-2030)
3.5.3 Europe Breast Milk Substitute 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 Breast Milk Substitute Market Facts & Figures by Country
3.6.1 Asia Pacific Breast Milk Substitute Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Breast Milk Substitute Sales by Country (2019-2030)
3.6.3 Asia Pacific Breast Milk Substitute 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 Breast Milk Substitute Market Facts & Figures by Country
3.7.1 Latin America Breast Milk Substitute Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Breast Milk Substitute Sales by Country (2019-2030)
3.7.3 Latin America Breast Milk Substitute Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Breast Milk Substitute Market Facts & Figures by Country
3.8.1 Middle East and Africa Breast Milk Substitute Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Breast Milk Substitute Sales by Country (2019-2030)
3.8.3 Middle East and Africa Breast Milk Substitute 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 Breast Milk Substitute Sales by Type (2019-2030)
4.1.1 Global Breast Milk Substitute Sales by Type (2019-2024)
4.1.2 Global Breast Milk Substitute Sales by Type (2025-2030)
4.1.3 Global Breast Milk Substitute Sales Market Share by Type (2019-2030)
4.2 Global Breast Milk Substitute Revenue by Type (2019-2030)
4.2.1 Global Breast Milk Substitute Revenue by Type (2019-2024)
4.2.2 Global Breast Milk Substitute Revenue by Type (2025-2030)
4.2.3 Global Breast Milk Substitute Revenue Market Share by Type (2019-2030)
4.3 Global Breast Milk Substitute Price by Type (2019-2030)
5 Segment by Application
5.1 Global Breast Milk Substitute Sales by Application (2019-2030)
5.1.1 Global Breast Milk Substitute Sales by Application (2019-2024)
5.1.2 Global Breast Milk Substitute Sales by Application (2025-2030)
5.1.3 Global Breast Milk Substitute Sales Market Share by Application (2019-2030)
5.2 Global Breast Milk Substitute Revenue by Application (2019-2030)
5.2.1 Global Breast Milk Substitute Revenue by Application (2019-2024)
5.2.2 Global Breast Milk Substitute Revenue by Application (2025-2030)
5.2.3 Global Breast Milk Substitute Revenue Market Share by Application (2019-2030)
5.3 Global Breast Milk Substitute Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Danone
6.1.1 Danone Corporation Information
6.1.2 Danone Description and Business Overview
6.1.3 Danone Breast Milk Substitute Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Danone Breast Milk Substitute Product Portfolio
6.1.5 Danone Recent Developments/Updates
6.2 Nestle
6.2.1 Nestle Corporation Information
6.2.2 Nestle Description and Business Overview
6.2.3 Nestle Breast Milk Substitute Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Nestle Breast Milk Substitute Product Portfolio
6.2.5 Nestle Recent Developments/Updates
6.3 Abbott Nutrition
6.3.1 Abbott Nutrition Corporation Information
6.3.2 Abbott Nutrition Description and Business Overview
6.3.3 Abbott Nutrition Breast Milk Substitute Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Abbott Nutrition Breast Milk Substitute Product Portfolio
6.3.5 Abbott Nutrition Recent Developments/Updates
6.4 Mead Johnson (Reckitt Benckiser)
6.4.1 Mead Johnson (Reckitt Benckiser) Corporation Information
6.4.2 Mead Johnson (Reckitt Benckiser) Description and Business Overview
6.4.3 Mead Johnson (Reckitt Benckiser) Breast Milk Substitute Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Mead Johnson (Reckitt Benckiser) Breast Milk Substitute Product Portfolio
6.4.5 Mead Johnson (Reckitt Benckiser) Recent Developments/Updates
6.5 Kraft Heinz
6.5.1 Kraft Heinz Corporation Information
6.5.2 Kraft Heinz Description and Business Overview
6.5.3 Kraft Heinz Breast Milk Substitute Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Kraft Heinz Breast Milk Substitute Product Portfolio
6.5.5 Kraft Heinz Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Breast Milk Substitute Industry Chain Analysis
7.2 Breast Milk Substitute Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Breast Milk Substitute Production Mode & Process
7.4 Breast Milk Substitute Sales and Marketing
7.4.1 Breast Milk Substitute Sales Channels
7.4.2 Breast Milk Substitute Distributors
7.5 Breast Milk Substitute Customers
8 Breast Milk Substitute Market Dynamics
8.1 Breast Milk Substitute Industry Trends
8.2 Breast Milk Substitute Market Drivers
8.3 Breast Milk Substitute Market Challenges
8.4 Breast Milk Substitute 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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