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Infant Milk Formula Global Market Report 2025

Published Sep 09, 2025
Length 250 Pages
SKU # BRC20379649

Description

Infant Milk Formula Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on infant milk formula market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for infant milk formula ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The infant milk formula market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Product Type: Starting Milk Formula; Follow-On Milk Formula; Toddler Milk Formula
2) By Target Consumer Group: Premature Infants; Lactose Intolerant; Infant with Allergies; Twins/Multiples; Low Birth Weight Babies; General Population
3) By Application: Specialty Stores; Supermarkets; Online Retail; Chemists Or Pharmacies Or Drugstores; Other Applications

Subsegments:
1) By Starting Milk Formula (0–6 months): Cow Milk-Based Formula; Soy-Based Formula; Hydrolyzed Protein Formula; Specialty Formula
2) By Follow-On Milk Formula (6–12 months): Cow Milk-Based Formula; Soy-Based Formula; Goat Milk-Based Formula; Probiotic Or Prebiotic-Enriched Formula
3) By Toddler Milk Formula (12–36 months): Fortified Milk Drinks; Organic Toddler Formula; Plant-Based Formula; Flavored Toddler Formula

Companies Mentioned: Nestlé S.A.; Pfizer Inc.; Abbott Laboratories; Danone S.A.; The Kraft Heinz Company; Arla Foods amba; Reckitt Benckiser Group plc; FrieslandCampina N.V.; Meiji Holdings Co. Ltd.; Perrigo Company plc; Morinaga Milk Industry Co. Ltd.; Mead Johnson & Company LLC; The Hain Celestial Group Inc.; Hero Group AG; Ausnutria Dairy Corporation Ltd.; Biostime Inc.; HiPP GmbH & Co. Vertrieb KG; Beingmate Baby & Child Food Co. Ltd.; Synutra International Inc.; Bellamy's Organic Pty Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
2. Infant Milk Formula Market Characteristics
3. Infant Milk Formula Market Trends And Strategies
4. Infant Milk Formula Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Infant Milk Formula Growth Analysis And Strategic Analysis Framework
5.1. Global Infant Milk Formula PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Infant Milk Formula Market Growth Rate Analysis
5.4. Global Infant Milk Formula Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Infant Milk Formula Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Infant Milk Formula Total Addressable Market (TAM)
6. Infant Milk Formula Market Segmentation
6.1. Global Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Starting Milk Formula
Follow-On Milk Formula
Toddler Milk Formula
6.2. Global Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Premature Infants
Lactose Intolerant
Infant Witj Allergies
Twins Or Multiples
Low Birth Weight Babies
General Population
6.3. Global Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Specialty Stores
Supermarkets
Online Retail
Chemists Or Pharmacies Or Drugstores
Other Application
6.4. Global Infant Milk Formula Market, Sub-Segmentation Of Starting Milk Formula (0–6 months), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cow Milk-Based Formula
Soy-Based Formula
Hydrolyzed Protein Formula
Specialty Formula
6.5. Global Infant Milk Formula Market, Sub-Segmentation Of Follow-On Milk Formula (6–12 months), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cow Milk-Based Formula
Soy-Based Formula
Goat Milk-Based Formula
Probiotic Or Prebiotic-Enriched Formula
6.6. Global Infant Milk Formula Market, Sub-Segmentation Of Toddler Milk Formula (12–36 months), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Fortified Milk Drinks
Organic Toddler Formula
Plant-Based Formula
Flavored Toddler Formula
7. Infant Milk Formula Market Regional And Country Analysis
7.1. Global Infant Milk Formula Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Infant Milk Formula Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Infant Milk Formula Market
8.1. Asia-Pacific Infant Milk Formula Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Infant Milk Formula Market
9.1. China Infant Milk Formula Market Overview
9.2. China Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Infant Milk Formula Market
10.1. India Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Infant Milk Formula Market
11.1. Japan Infant Milk Formula Market Overview
11.2. Japan Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Infant Milk Formula Market
12.1. Australia Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Infant Milk Formula Market
13.1. Indonesia Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Infant Milk Formula Market
14.1. South Korea Infant Milk Formula Market Overview
14.2. South Korea Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Infant Milk Formula Market
15.1. Western Europe Infant Milk Formula Market Overview
15.2. Western Europe Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Infant Milk Formula Market
16.1. UK Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Infant Milk Formula Market
17.1. Germany Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Infant Milk Formula Market
18.1. France Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Infant Milk Formula Market
19.1. Italy Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Infant Milk Formula Market
20.1. Spain Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Infant Milk Formula Market
21.1. Eastern Europe Infant Milk Formula Market Overview
21.2. Eastern Europe Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Infant Milk Formula Market
22.1. Russia Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Infant Milk Formula Market
23.1. North America Infant Milk Formula Market Overview
23.2. North America Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Infant Milk Formula Market
24.1. USA Infant Milk Formula Market Overview
24.2. USA Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Infant Milk Formula Market
25.1. Canada Infant Milk Formula Market Overview
25.2. Canada Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Infant Milk Formula Market
26.1. South America Infant Milk Formula Market Overview
26.2. South America Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Infant Milk Formula Market
27.1. Brazil Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Infant Milk Formula Market
28.1. Middle East Infant Milk Formula Market Overview
28.2. Middle East Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Infant Milk Formula Market
29.1. Africa Infant Milk Formula Market Overview
29.2. Africa Infant Milk Formula Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Infant Milk Formula Market, Segmentation By Target Consumer Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Infant Milk Formula Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Infant Milk Formula Market Competitive Landscape And Company Profiles
30.1. Infant Milk Formula Market Competitive Landscape
30.2. Infant Milk Formula Market Company Profiles
30.2.1. Nestlé S.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Pfizer Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Abbott Laboratories Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Danone S.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. The Kraft Heinz Company Overview, Products and Services, Strategy and Financial Analysis
31. Infant Milk Formula Market Other Major And Innovative Companies
31.1. Arla Foods amba
31.2. Reckitt Benckiser Group plc
31.3. FrieslandCampina N.V.
31.4. Meiji Holdings Co. Ltd.
31.5. Perrigo Company plc
31.6. Morinaga Milk Industry Co. Ltd.
31.7. Mead Johnson & Company LLC
31.8. The Hain Celestial Group Inc.
31.9. Hero Group AG
31.10. Ausnutria Dairy Corporation Ltd.
31.11. Biostime Inc.
31.12. HiPP GmbH & Co. Vertrieb KG
31.13. Beingmate Baby & Child Food Co. Ltd.
31.14. Synutra International Inc.
31.15. Bellamy's Organic Pty Ltd.
32. Global Infant Milk Formula Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Infant Milk Formula Market
34. Recent Developments In The Infant Milk Formula Market
35. Infant Milk Formula Market High Potential Countries, Segments and Strategies
35.1 Infant Milk Formula Market In 2029 - Countries Offering Most New Opportunities
35.2 Infant Milk Formula Market In 2029 - Segments Offering Most New Opportunities
35.3 Infant Milk Formula Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer
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