Global Baby Food and Infant Formula Market 2020-2024

Baby Food and Infant Formula Market 2020-2024

Technavio has been monitoring the baby food and infant formula market and it is poised to grow by $ 33.12 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on baby food and infant formula market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the new product launches and the increasing number of working mothers. In addition, new product launches is anticipated to boost the growth of the market as well.

The baby food and infant formula market analysis includes product segment and geographical landscapes.

Technavio's baby food and infant formula market is segmented as below:

By Product

  • Infant formula
  • Baby food
By Geographical Landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the increasing number of M&As and investments as one of the prime reasons driving the baby food and infant formula market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our baby food and infant formula market covers the following areas:
  • Baby food and infant formula market sizing
  • Baby food and infant formula market forecast
  • Baby food and infant formula market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading baby food and infant formula market vendors that include Abbott Laboratories, Beingmate Co. Ltd., Danone SA, HiPP GmbH & Co. Vertrieb KG, Meiji Holdings Co. Ltd., Nestlé SA, Perrigo Co. Plc, Reckitt Benckiser Group Plc, The Hain Celestial Group Inc., and The Kraft Heinz Co. Also, the baby food and infant formula market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Packaged foods and meats market
      • Input
      • Inbound logistics
      • Primary processing
      • Secondary and tertiary processing
      • Outbound logistics
      • End-customers
      • Marketing and sales
      • Services
      • Innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global baby food and infant formula market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on global baby food and infant formula market
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Infant formula - Market size and forecast 2019- 2024
      • Table Infant formula - Market size and forecast 2019-2024 ($ billion)
      • Table Global baby food and infant formula market by infant formula product 2019- 2024 ($ billion), exclusive of COVID-19 impact
      • Table Infant formula - Year-over-year growth 2019-2024 (%)
    • Baby food - Market size and forecast 2019-2024
      • Table Baby food - Market size and forecast 2019-2024 ($ billion)
      • Table Global baby food and infant formula market by baby food product 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Baby food - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Baby food and infant formula market in APAC 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Baby food and infant formula market in Europe 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Baby food and infant formula market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Baby food and infant formula market in South America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Baby food and infant formula market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • New product launches
      • Increasing number of working mothers
      • Increasing number of M&As and investments
    • Market challenges
      • Increasing number of product recalls
      • Declining global birth rates
      • Increasing health concerns about processed baby food and infant formula
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing demand for organic baby food products
      • Expanding organized retail landscape
      • Innovations in packaging
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abbott Laboratories
      • Table Abbott Laboratories - Overview
      • Table Abbott Laboratories - Business segments
      • Table Abbott Laboratories - Key news
      • Table Abbott Laboratories - Key offerings
      • Table Abbott Laboratories - Segment focus
    • Beingmate Co. Ltd.
      • Table Beingmate Co. Ltd. - Overview
      • Table Beingmate Co. Ltd. - Product and service
      • Table Beingmate Co. Ltd. - Key offerings
    • Danone SA
      • Table Danone SA - Overview
      • Table Danone SA - Business segments
      • Table Danone SA - Key news
      • Table Danone SA - Key offerings
      • Table Danone SA - Segment focus
    • HiPP GmbH & Co. Vertrieb KG
      • Table HiPP GmbH & Co. Vertrieb KG - Overview
      • Table HiPP GmbH & Co. Vertrieb KG - Product and service
      • Table HiPP GmbH & Co. Vertrieb KG - Key offerings
    • Meiji Holdings Co. Ltd.
      • Table Meiji Holdings Co. Ltd. - Overview
      • Table Meiji Holdings Co. Ltd. - Business segments
      • Table Meiji Holdings Co. Ltd. - Key news
      • Table Meiji Holdings Co. Ltd. - Key offerings
      • Table Meiji Holdings Co. Ltd. - Segment focus
    • Nestlé SA
      • Table Nestlé SA - Overview
      • Table Nestlé SA - Business segments
      • Table Nestlé SA - Key news
      • Table Nestlé SA - Key offerings
      • Table Nestlé SA - Segment focus
    • Perrigo Co. Plc
      • Table Perrigo Co. Plc - Overview
      • Table Perrigo Co. Plc - Business segments
      • Table Perrigo Co. Plc - Key news
      • Table Perrigo Co. Plc - Key offerings
      • Table Perrigo Co. Plc - Segment focus
    • Reckitt Benckiser Group Plc
      • Table Reckitt Benckiser Group Plc - Overview
      • Table Reckitt Benckiser Group Plc - Business segments
      • Table Reckitt Benckiser Group Plc - Key news
      • Table Reckitt Benckiser Group Plc - Key offerings
      • Table Reckitt Benckiser Group Plc - Segment focus
    • The Hain Celestial Group Inc.
      • Table The Hain Celestial Group Inc. - Overview
      • Table The Hain Celestial Group Inc. - Business segments
      • Table The Hain Celestial Group Inc. - Key news
      • Table The Hain Celestial Group Inc. - Key offerings
      • Table The Hain Celestial Group Inc. - Segment focus
    • The Kraft Heinz Co.
      • Table The Kraft Heinz Co. - Overview
      • Table The Kraft Heinz Co. - Business segments
      • Table The Kraft Heinz Co. - Key news
      • Table The Kraft Heinz Co. - Key offerings
      • Table The Kraft Heinz Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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