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Infant Formula Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published May 08, 2024
Length 83 Pages
SKU # IBSS18859149

Description

Infant Formula Manufacturing in the US - Industry Market Research Report


Infant Formula Manufacturing in the US

As information about the importance of breastfeeding has spread recently, instant formula manufacturers has struggled to maintain growth while entering 2023. As a substitute for breastmilk, demand for infant formula is directly determined by the popularity of breastfeeding. According to the Centers for Disease Control and Prevention (CDC)'s 2020 Breastfeeding Report Card, the percentage of infants exclusively breastfed for the first six months after birth has grown to reach 25.6%, up from 20.6% in 2015. As a result of this boost demand for infant formula has been hampered. In addition, the percentage of babies who have been breastfed at any point in their lives has expanded from 80.2% in 2015 to 84.1% in 2020, according to the CDC (latest data available).

Infant formula manufacturers make infant formula, a powdered substitute for breast feeding that consumers use to support adequate growth of infants.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

83 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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