Global Soy Infant Formula Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Soy Infant Formula market size was valued at US$ 293 million in 2024 and is forecast to a readjusted size of USD 367 million by 2031 with a CAGR of 3.3% during review period.

The global soy infant formula market has been witnessing significant growth in recent years. The increasing awareness about the benefits of soy-based products, rising demand for plant-based alternatives, and the growing number of lactose-intolerant infants are some of the key factors driving the market growth.The market for soy infant formula is concentrated in regions such as North America, Europe, and Asia Pacific. North America holds a significant share in the market due to the high prevalence of lactose intolerance and the increasing adoption of plant-based diets. Europe is also a major market for soy infant formula, driven by the growing demand for organic and natural products. The Asia Pacific region is expected to witness substantial growth in the coming years, primarily due to the rising population and increasing disposable income in countries like China and India.The soy infant formula market is highly concentrated, with a few key players dominating the industry. There are several opportunities for growth in the soy infant formula market. The increasing demand for organic and natural products presents a significant opportunity for manufacturers to develop and market organic soy infant formula. Additionally, the rising awareness about the benefits of soy-based products among consumers in emerging economies provides an opportunity for market expansion.Despite the growth prospects, the soy infant formula market also faces certain challenges. One of the major challenges is the availability of alternative plant-based options such as almond and rice milk, which may hinder the growth of soy infant formula. Moreover, the high cost of soy infant formula compared to conventional dairy-based formula is another challenge that manufacturers need to address.

This report is a detailed and comprehensive analysis for global Soy Infant Formula market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Soy Infant Formula market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Soy Infant Formula market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Soy Infant Formula market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Soy Infant Formula market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Soy Infant Formula

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Soy Infant Formula market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Enfamil, Gerber, Similac, Parent's Choice, Store Brand, Perrigo, Earth's Best, Bobbie, Burt's Bees, Nestlé, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Soy Infant Formula market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Non-GMO Infant Formula
GMO Infant Formula

Market segment by Application
0-6 Months
6-12 Months
12-36 Months

Major players covered
Enfamil
Gerber
Similac
Parent's Choice
Store Brand
Perrigo
Earth's Best
Bobbie
Burt's Bees
Nestlé
Abbott
SMA
Honest
Danone

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Soy Infant Formula product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Soy Infant Formula, with price, sales quantity, revenue, and global market share of Soy Infant Formula from 2020 to 2025.

Chapter 3, the Soy Infant Formula competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Soy Infant Formula breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Soy Infant Formula market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Soy Infant Formula.

Chapter 14 and 15, to describe Soy Infant Formula sales channel, distributors, customers, research findings and conclusion.