Market Overview
According to DIResearch＇s in-depth investigation and research, the global Infant Formula Milk Powder market size will reach 32,271 Million USD in 2025 and is projected to reach 41,504 Million USD by 2032, with a CAGR of 3.66% (2025-2032). Notably, the China Infant Formula Milk Powder market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Infant formula milk powder is a specially formulated and commercially produced powder that serves as a substitute for breast milk in feeding infants. It is designed to provide essential nutrients, vitamins, and minerals needed for the healthy growth and development of infants who are not breastfed or when breastfeeding is not possible. Infant formula milk powder typically contains a combination of proteins, carbohydrates, fats, vitamins, and minerals to mimic the nutritional composition of breast milk. This product is prepared by mixing the powder with water to create a liquid formula suitable for feeding infants through bottle-feeding. Infant formula milk powder comes in various types, including those designed for specific dietary needs or stages of development, catering to the nutritional requirements of infants during the first months of life. It serves as a convenient and regulated alternative to ensure that infants receive adequate nutrition when breastfeeding is not an option.
The major global manufacturers of Infant Formula Milk Powder include Danone, Nestle, Abbott, Reckiit, Biostime, Bellamy, Topfer, HiPP, Perrigo, Humana, Nutribio, Meiji, a2 Milk, Ausnutria, Feihe, Yili, Yashili, Bright Dairy & Food, Junlebao, Beingmate, Wonder Sun, Wissun, YeePer, Synutra, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Infant Formula Milk Powder. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Infant Formula Milk Powder market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Infant Formula Milk Powder market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Infant Formula Milk Powder industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Infant Formula Milk Powder Include:
Danone
Nestle
Abbott
Reckiit
Biostime
Bellamy
Topfer
HiPP
Perrigo
Humana
Nutribio
Meiji
a2 Milk
Ausnutria
Feihe
Yili
Yashili
Bright Dairy & Food
Junlebao
Beingmate
Wonder Sun
Wissun
YeePer
Synutra
Infant Formula Milk Powder Product Segment Include:
First Stage Infant Formula Milk
Second Stage Infant Formula Milk
Third Stage Infant Formula Milk
Infant Formula Milk Powder Product Application Include:
Maternal Stores
Supermarkets/Hypermarkets
Online Retail
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Infant Formula Milk Powder Industry PESTEL Analysis
Chapter 3: Global Infant Formula Milk Powder Industry Porter's Five Forces Analysis
Chapter 4: Global Infant Formula Milk Powder Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Infant Formula Milk Powder Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Infant Formula Milk Powder Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Infant Formula Milk Powder Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
- 1 Infant Formula Milk Powder Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Infant Formula Milk Powder Product by Type
- 1.2.1 First Stage Infant Formula Milk
- 1.2.2 Second Stage Infant Formula Milk
- 1.2.3 Third Stage Infant Formula Milk
- 1.3 Infant Formula Milk Powder Product by Application
- 1.3.1 Maternal Stores
- 1.3.2 Supermarkets/Hypermarkets
- 1.3.3 Online Retail
- 1.4 Global Infant Formula Milk Powder Market Revenue and Sales Analysis
- 1.4.1 Global Infant Formula Milk Powder Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Infant Formula Milk Powder Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Infant Formula Milk Powder Market Sales Price Trend Analysis (2020-2032)
- 1.5 Infant Formula Milk Powder Market Development Status and Trends
- 1.5.1 Infant Formula Milk Powder Industry Development Status Analysis
- 1.5.2 Infant Formula Milk Powder Industry Development Trends Analysis
- 2 Infant Formula Milk Powder Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Infant Formula Milk Powder Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Infant Formula Milk Powder Market Analysis by Country
- 4.1 Global Infant Formula Milk Powder Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Infant Formula Milk Powder Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Infant Formula Milk Powder Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Infant Formula Milk Powder Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Infant Formula Milk Powder Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Infant Formula Milk Powder Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Infant Formula Milk Powder Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Infant Formula Milk Powder Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Infant Formula Milk Powder Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Infant Formula Milk Powder Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Infant Formula Milk Powder Average Sales Price by Manufacturers (2021-2025)
- 5.2 Infant Formula Milk Powder Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Infant Formula Milk Powder Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Infant Formula Milk Powder Market Analysis by Type
- 6.1 Global Infant Formula Milk Powder Market Revenue Analysis by Type
- 6.1.1 Global Infant Formula Milk Powder Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Infant Formula Milk Powder Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Infant Formula Milk Powder Market Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Infant Formula Milk Powder Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Danone
- 7.1.1 Danone Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Danone Infant Formula Milk Powder Product Portfolio
- 7.1.3 Danone Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Nestle
- 7.2.1 Nestle Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Nestle Infant Formula Milk Powder Product Portfolio
- 7.2.3 Nestle Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Abbott
- 7.3.1 Abbott Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Abbott Infant Formula Milk Powder Product Portfolio
- 7.3.3 Abbott Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Reckiit
- 7.4.1 Reckiit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Reckiit Infant Formula Milk Powder Product Portfolio
- 7.4.3 Reckiit Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Biostime
- 7.5.1 Biostime Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Biostime Infant Formula Milk Powder Product Portfolio
- 7.5.3 Biostime Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Bellamy
- 7.6.1 Bellamy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Bellamy Infant Formula Milk Powder Product Portfolio
- 7.6.3 Bellamy Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Topfer
- 7.7.1 Topfer Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Topfer Infant Formula Milk Powder Product Portfolio
- 7.7.3 Topfer Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 HiPP
- 7.8.1 HiPP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 HiPP Infant Formula Milk Powder Product Portfolio
- 7.8.3 HiPP Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Perrigo
- 7.9.1 Perrigo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Perrigo Infant Formula Milk Powder Product Portfolio
- 7.9.3 Perrigo Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Humana
- 7.10.1 Humana Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Humana Infant Formula Milk Powder Product Portfolio
- 7.10.3 Humana Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Nutribio
- 7.11.1 Nutribio Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Nutribio Infant Formula Milk Powder Product Portfolio
- 7.11.3 Nutribio Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.12 Meiji
- 7.12.1 Meiji Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Meiji Infant Formula Milk Powder Product Portfolio
- 7.12.3 Meiji Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.13 a2 Milk
- 7.13.1 a2 Milk Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 a2 Milk Infant Formula Milk Powder Product Portfolio
- 7.13.3 a2 Milk Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.14 Ausnutria
- 7.14.1 Ausnutria Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Ausnutria Infant Formula Milk Powder Product Portfolio
- 7.14.3 Ausnutria Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.15 Feihe
- 7.15.1 Feihe Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 Feihe Infant Formula Milk Powder Product Portfolio
- 7.15.3 Feihe Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.16 Yili
- 7.16.1 Yili Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 Yili Infant Formula Milk Powder Product Portfolio
- 7.16.3 Yili Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.17 Yashili
- 7.17.1 Yashili Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 Yashili Infant Formula Milk Powder Product Portfolio
- 7.17.3 Yashili Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.18 Bright Dairy & Food
- 7.18.1 Bright Dairy & Food Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.18.2 Bright Dairy & Food Infant Formula Milk Powder Product Portfolio
- 7.18.3 Bright Dairy & Food Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.19 Junlebao
- 7.19.1 Junlebao Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.19.2 Junlebao Infant Formula Milk Powder Product Portfolio
- 7.19.3 Junlebao Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.20 Beingmate
- 7.20.1 Beingmate Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.20.2 Beingmate Infant Formula Milk Powder Product Portfolio
- 7.20.3 Beingmate Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.21 Wonder Sun
- 7.21.1 Wonder Sun Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.21.2 Wonder Sun Infant Formula Milk Powder Product Portfolio
- 7.21.3 Wonder Sun Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.22 Wissun
- 7.22.1 Wissun Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.22.2 Wissun Infant Formula Milk Powder Product Portfolio
- 7.22.3 Wissun Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.23 YeePer
- 7.23.1 YeePer Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.23.2 YeePer Infant Formula Milk Powder Product Portfolio
- 7.23.3 YeePer Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.24 Synutra
- 7.24.1 Synutra Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.24.2 Synutra Infant Formula Milk Powder Product Portfolio
- 7.24.3 Synutra Infant Formula Milk Powder Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Infant Formula Milk Powder Industry Chain Analysis
- 8.2 Infant Formula Milk Powder Industry Upstream Supply Analysis
- 8.2.1 Upstream Key Raw Material Supply Analysis
- 8.2.2 Raw Material Suppliers and Contact Information
- 8.3 Infant Formula Milk Powder Product Downstream Application Analysis
- 8.3.1 Global Infant Formula Milk Powder Revenue Market Size by Application: 2024 & 2025 & 2032
- 8.3.2 Global Infant Formula Milk Powder Revenue and Forecast Analysis by Application (2020-2032)
- 8.3.3 Global Infant Formula Milk Powder Sales and Forecast Analysis by Application (2020-2032)
- 8.4 Infant Formula Milk Powder Typical Downstream Customers
- 8.5 Infant Formula Milk Powder Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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