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Milk Infant Formula-Global Market Insights and Sales Trends 2024

Milk Infant Formula-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1837858

No of Pages : 124

Synopsis
Milk Infant Formula is usually made from cows' milk that has been treated to make it more suitable for babies.
The global Milk Infant Formula 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 Milk Infant Formula in various end use industries. The expanding demands from the 0~6 Months Baby, 6~12 Months Baby and 1~3 Years Baby,, are propelling Milk Infant Formula market. SMP, 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 WMP 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 Milk Infant Formula, 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 Milk Infant Formula 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 Milk Infant Formula market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Milk Infant Formula 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 Milk Infant Formula covered in this report include Mead Johnson, Nestle, Danone, Abbott, FrieslandCampina, Heinz, Bellamy, Topfer and HiPP, etc.
The global Milk Infant Formula market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Milk Infant Formula 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 Milk Infant Formula market, Segment by Type:
SMP
WMP
Whey Powders
Others
Global Milk Infant Formula market, by Application
0~6 Months Baby
6~12 Months Baby
1~3 Years Baby
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 Milk Infant Formula manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Milk Infant Formula 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.
Index
1 Milk Infant Formula Market Overview
1.1 Milk Infant Formula Product Overview
1.2 Milk Infant Formula Market Segment by Type
1.2.1 SMP
1.2.2 WMP
1.2.3 Whey Powders
1.2.4 Others
1.3 Global Milk Infant Formula Market Size by Type
1.3.1 Global Milk Infant Formula Market Size Overview by Type (2018-2029)
1.3.2 Global Milk Infant Formula Historic Market Size Review by Type (2018-2023)
1.3.3 Global Milk Infant Formula Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Milk Infant Formula Sales Breakdown by Type (2018-2023)
1.4.2 Europe Milk Infant Formula Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Milk Infant Formula Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Milk Infant Formula Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Milk Infant Formula Sales Breakdown by Type (2018-2023)
2 Global Milk Infant Formula Market Competition by Company
2.1 Global Top Players by Milk Infant Formula Sales (2018-2023)
2.2 Global Top Players by Milk Infant Formula Revenue (2018-2023)
2.3 Global Top Players by Milk Infant Formula Price (2018-2023)
2.4 Global Top Manufacturers Milk Infant Formula Manufacturing Base Distribution, Sales Area, Product Type
2.5 Milk Infant Formula Market Competitive Situation and Trends
2.5.1 Milk Infant Formula Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Milk Infant Formula 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 Milk Infant Formula as of 2022)
2.7 Date of Key Manufacturers Enter into Milk Infant Formula Market
2.8 Key Manufacturers Milk Infant Formula Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Milk Infant Formula Status and Outlook by Region
3.1 Global Milk Infant Formula Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Milk Infant Formula Historic Market Size by Region
3.2.1 Global Milk Infant Formula Sales in Volume by Region (2018-2023)
3.2.2 Global Milk Infant Formula Sales in Value by Region (2018-2023)
3.2.3 Global Milk Infant Formula Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Milk Infant Formula Forecasted Market Size by Region
3.3.1 Global Milk Infant Formula Sales in Volume by Region (2024-2029)
3.3.2 Global Milk Infant Formula Sales in Value by Region (2024-2029)
3.3.3 Global Milk Infant Formula Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Milk Infant Formula by Application
4.1 Milk Infant Formula Market Segment by Application
4.1.1 0~6 Months Baby
4.1.2 6~12 Months Baby
4.1.3 1~3 Years Baby
4.2 Global Milk Infant Formula Market Size by Application
4.2.1 Global Milk Infant Formula Market Size Overview by Application (2018-2029)
4.2.2 Global Milk Infant Formula Historic Market Size Review by Application (2018-2023)
4.2.3 Global Milk Infant Formula Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Milk Infant Formula Sales Breakdown by Application (2018-2023)
4.3.2 Europe Milk Infant Formula Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Milk Infant Formula Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Milk Infant Formula Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Milk Infant Formula Sales Breakdown by Application (2018-2023)
5 North America Milk Infant Formula by Country
5.1 North America Milk Infant Formula Historic Market Size by Country
5.1.1 North America Milk Infant Formula Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Milk Infant Formula Sales in Volume by Country (2018-2023)
5.1.3 North America Milk Infant Formula Sales in Value by Country (2018-2023)
5.2 North America Milk Infant Formula Forecasted Market Size by Country
5.2.1 North America Milk Infant Formula Sales in Volume by Country (2024-2029)
5.2.2 North America Milk Infant Formula Sales in Value by Country (2024-2029)
6 Europe Milk Infant Formula by Country
6.1 Europe Milk Infant Formula Historic Market Size by Country
6.1.1 Europe Milk Infant Formula Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Milk Infant Formula Sales in Volume by Country (2018-2023)
6.1.3 Europe Milk Infant Formula Sales in Value by Country (2018-2023)
6.2 Europe Milk Infant Formula Forecasted Market Size by Country
6.2.1 Europe Milk Infant Formula Sales in Volume by Country (2024-2029)
6.2.2 Europe Milk Infant Formula Sales in Value by Country (2024-2029)
7 Asia-Pacific Milk Infant Formula by Region
7.1 Asia-Pacific Milk Infant Formula Historic Market Size by Region
7.1.1 Asia-Pacific Milk Infant Formula Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Milk Infant Formula Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Milk Infant Formula Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Milk Infant Formula Forecasted Market Size by Region
7.2.1 Asia-Pacific Milk Infant Formula Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Milk Infant Formula Sales in Value by Region (2024-2029)
8 Latin America Milk Infant Formula by Country
8.1 Latin America Milk Infant Formula Historic Market Size by Country
8.1.1 Latin America Milk Infant Formula Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Milk Infant Formula Sales in Volume by Country (2018-2023)
8.1.3 Latin America Milk Infant Formula Sales in Value by Country (2018-2023)
8.2 Latin America Milk Infant Formula Forecasted Market Size by Country
8.2.1 Latin America Milk Infant Formula Sales in Volume by Country (2024-2029)
8.2.2 Latin America Milk Infant Formula Sales in Value by Country (2024-2029)
9 Middle East and Africa Milk Infant Formula by Country
9.1 Middle East and Africa Milk Infant Formula Historic Market Size by Country
9.1.1 Middle East and Africa Milk Infant Formula Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Milk Infant Formula Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Milk Infant Formula Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Milk Infant Formula Forecasted Market Size by Country
9.2.1 Middle East and Africa Milk Infant Formula Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Milk Infant Formula Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Mead Johnson
10.1.1 Mead Johnson Company Information
10.1.2 Mead Johnson Introduction and Business Overview
10.1.3 Mead Johnson Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Mead Johnson Milk Infant Formula Products Offered
10.1.5 Mead Johnson Recent Development
10.2 Nestle
10.2.1 Nestle Company Information
10.2.2 Nestle Introduction and Business Overview
10.2.3 Nestle Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nestle Milk Infant Formula Products Offered
10.2.5 Nestle Recent Development
10.3 Danone
10.3.1 Danone Company Information
10.3.2 Danone Introduction and Business Overview
10.3.3 Danone Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Danone Milk Infant Formula Products Offered
10.3.5 Danone Recent Development
10.4 Abbott
10.4.1 Abbott Company Information
10.4.2 Abbott Introduction and Business Overview
10.4.3 Abbott Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Abbott Milk Infant Formula Products Offered
10.4.5 Abbott Recent Development
10.5 FrieslandCampina
10.5.1 FrieslandCampina Company Information
10.5.2 FrieslandCampina Introduction and Business Overview
10.5.3 FrieslandCampina Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FrieslandCampina Milk Infant Formula Products Offered
10.5.5 FrieslandCampina Recent Development
10.6 Heinz
10.6.1 Heinz Company Information
10.6.2 Heinz Introduction and Business Overview
10.6.3 Heinz Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Heinz Milk Infant Formula Products Offered
10.6.5 Heinz Recent Development
10.7 Bellamy
10.7.1 Bellamy Company Information
10.7.2 Bellamy Introduction and Business Overview
10.7.3 Bellamy Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bellamy Milk Infant Formula Products Offered
10.7.5 Bellamy Recent Development
10.8 Topfer
10.8.1 Topfer Company Information
10.8.2 Topfer Introduction and Business Overview
10.8.3 Topfer Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Topfer Milk Infant Formula Products Offered
10.8.5 Topfer Recent Development
10.9 HiPP
10.9.1 HiPP Company Information
10.9.2 HiPP Introduction and Business Overview
10.9.3 HiPP Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HiPP Milk Infant Formula Products Offered
10.9.5 HiPP Recent Development
10.10 Perrigo
10.10.1 Perrigo Company Information
10.10.2 Perrigo Introduction and Business Overview
10.10.3 Perrigo Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Perrigo Milk Infant Formula Products Offered
10.10.5 Perrigo Recent Development
10.11 Arla
10.11.1 Arla Company Information
10.11.2 Arla Introduction and Business Overview
10.11.3 Arla Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Arla Milk Infant Formula Products Offered
10.11.5 Arla Recent Development
10.12 Holle
10.12.1 Holle Company Information
10.12.2 Holle Introduction and Business Overview
10.12.3 Holle Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Holle Milk Infant Formula Products Offered
10.12.5 Holle Recent Development
10.13 Fonterra
10.13.1 Fonterra Company Information
10.13.2 Fonterra Introduction and Business Overview
10.13.3 Fonterra Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Fonterra Milk Infant Formula Products Offered
10.13.5 Fonterra Recent Development
10.14 Westland Dairy
10.14.1 Westland Dairy Company Information
10.14.2 Westland Dairy Introduction and Business Overview
10.14.3 Westland Dairy Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Westland Dairy Milk Infant Formula Products Offered
10.14.5 Westland Dairy Recent Development
10.15 Pinnacle
10.15.1 Pinnacle Company Information
10.15.2 Pinnacle Introduction and Business Overview
10.15.3 Pinnacle Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Pinnacle Milk Infant Formula Products Offered
10.15.5 Pinnacle Recent Development
10.16 Meiji
10.16.1 Meiji Company Information
10.16.2 Meiji Introduction and Business Overview
10.16.3 Meiji Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Meiji Milk Infant Formula Products Offered
10.16.5 Meiji Recent Development
10.17 Yili
10.17.1 Yili Company Information
10.17.2 Yili Introduction and Business Overview
10.17.3 Yili Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Yili Milk Infant Formula Products Offered
10.17.5 Yili Recent Development
10.18 Biostime
10.18.1 Biostime Company Information
10.18.2 Biostime Introduction and Business Overview
10.18.3 Biostime Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Biostime Milk Infant Formula Products Offered
10.18.5 Biostime Recent Development
10.19 Yashili
10.19.1 Yashili Company Information
10.19.2 Yashili Introduction and Business Overview
10.19.3 Yashili Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Yashili Milk Infant Formula Products Offered
10.19.5 Yashili Recent Development
10.20 Feihe
10.20.1 Feihe Company Information
10.20.2 Feihe Introduction and Business Overview
10.20.3 Feihe Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Feihe Milk Infant Formula Products Offered
10.20.5 Feihe Recent Development
10.21 Brightdairy
10.21.1 Brightdairy Company Information
10.21.2 Brightdairy Introduction and Business Overview
10.21.3 Brightdairy Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Brightdairy Milk Infant Formula Products Offered
10.21.5 Brightdairy Recent Development
10.22 Beingmate
10.22.1 Beingmate Company Information
10.22.2 Beingmate Introduction and Business Overview
10.22.3 Beingmate Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Beingmate Milk Infant Formula Products Offered
10.22.5 Beingmate Recent Development
10.23 Wonderson
10.23.1 Wonderson Company Information
10.23.2 Wonderson Introduction and Business Overview
10.23.3 Wonderson Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Wonderson Milk Infant Formula Products Offered
10.23.5 Wonderson Recent Development
10.24 Synutra
10.24.1 Synutra Company Information
10.24.2 Synutra Introduction and Business Overview
10.24.3 Synutra Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Synutra Milk Infant Formula Products Offered
10.24.5 Synutra Recent Development
10.25 Wissun
10.25.1 Wissun Company Information
10.25.2 Wissun Introduction and Business Overview
10.25.3 Wissun Milk Infant Formula Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Wissun Milk Infant Formula Products Offered
10.25.5 Wissun Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Milk Infant Formula 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 Milk Infant Formula Industrial Chain Analysis
11.4 Milk Infant Formula Market Dynamics
11.4.1 Milk Infant Formula Industry Trends
11.4.2 Milk Infant Formula Market Drivers
11.4.3 Milk Infant Formula Market Challenges
11.4.4 Milk Infant Formula Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Milk Infant Formula Distributors
12.3 Milk Infant Formula 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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