Market Research Logo

Global Infant Formula Market: Industry Analysis & Outlook (2018-2022)

Global Infant Formula Market: Industry Analysis & Outlook (2018-2022)

Baby food (baby nutrition) is a manufactured soft food, designed & marketed for feeding babies between four to six months and two years of age and usually used as a substitute or along with infant formula or human breast milk. It can be purchased ready made from the producers and comes in various varieties & flavors. Baby food can be segmented into four key products types including infant formula, prepared baby food, dried baby food and other baby food.

Infant formula (milk formula) is a close substitute for human breast milk, manufactured by mixture of dairy & other ingredients. Generally infant formula is manufactured for feeding infants under 12 months of age to achieve healthy growth & maintain good health. It is prepared for bottle-feeding or cup-feeding from mixing powder and liquid. There are different types of infant formulas available in the market which varies according to nutrients content, calorie count, taste and ability to be digested. Some of the common infant formula used globally are cow milk, soy based, protein hydrolysate, lactose free, special and newer formula.

China is a major contributor to the global infant formula market supported by increased population in China after withdrawal of one child policy by the Government of China in 2013 and increased income of middle class population.

The global infant formula market is expected to grow with emerging middle class population, growing birth rate in developing countries, increasing female in the workforce, increasing e-commerce sales, increasing disposable income and accelerating economic growth. Key trends of this market includes premiumisation of products and increasing preference by towards foreign infant formula in China. However, there are some factors which can hinder growth of the market including stringent regulations and dominance of infant formula alternatives.

The report “Global Infant Formula Market: Industry Analysis & Outlook (2018-2022)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers, key tends & developments and challenges of the market, covering China, Asia Pacific (Ex. China), Europe, North America, Latin America and Middle East Africa region along with the global market. The report profiles the key players of the market including Nestlé S.A. Danone S.A., Abbott Laboratories and Royal FrieslandCampina N.V.


1. Market Overview
1.1 Baby Food
Table 1: Baby Food by Product Types
1.2 Infant Formula
Table 2: Types of Infant Formula
1.3 Infant Formula Value Chain Analysis
Table 3: Infant Formula Value Chain
1.4 Advantages of Infant Formula
2. Baby Food Market Analysis
2.1 Global Baby Food Market by Value
Table 4: Global Baby Food Market by Value (2013-2017)
2.2 Global Baby Food Market Forecast by Value
Table 5: Global Baby Food Market Forecast by Value (2018-2022)
2.3 Global Baby Food Market by Product Type
Table 6: Global Baby Food Market by Product Type (2017)
2.4 Asia Pacific Baby Food Market by Value
Table 7: Asia Pacific Baby Food Market by Value (2013-2017)
2.5 Asia Pacific Baby Food Market Forecast by Value
Table 8: Asia Pacific Baby Food Market Forecast by Value (2018-2022)
3. Global Infant Formula Market Analysis
3.1 Infant Formula Market by Value
Table 9: Global Infant Formula Market by Value (2013-2017)
3.2 Infant Formula Market Forecast by Value
Table 10: Global Infant Formula Market Forecast by Value (2018-2022)
3.3 Infant Formula Market by Volume
Table 11: Global Infant Formula Market by Volume (2013-2017)
3.4 Infant Formula Market Forecast by Volume
Table 12: Global Infant Formula Market Forecast by Volume (2018-2022)
3.5 Infant Formula Market Value by Product
Table 13: Global Infant Formula Market Value by Product (2017)
3.6 Infant Formula Market Value by Region
Table 14: Global Infant Formula Market Value by Region (2017)
4. Regional Infant Formula Market Analysis
4.1 China
4.1.1 China Infant Formula Market by Value
Table 15: China Infant Formula Market by Value (2013-2017)
4.1.2 China Infant Formula Market Forecast by Value
Table 16: China Infant Formula Market Forecast by Value (2018-2022)
4.1.3 China Infant Formula Market by Volume
Table 17: China Infant Formula Market by Volume (2013-2017)
4.1.4 China Infant Formula Market Forecast by Volume
Table 18: China Infant Formula Market Forecast by Volume (2018-2022)
4.1.5 China Infant Formula Market by Distribution Channel
Table 19: China Infant Formula Market by Distribution Channel (2017)
4.2 Asia Pacific (Ex. China)
4.2.1 Asia Pacific (Ex. China) Infant Formula Market by Value
Table 20: Asia Pacific (Ex. China) Infant Formula Market by Value (2013-2017)
4.2.2 Asia Pacific (Ex. China) Infant Formula Market Forecast by Value
Table 21: Asia Pacific (Ex. China) Infant Formula Market Forecast by Value (2018-2022)
4.2.3 South Asia Infant Formula Market Value by Countries
Table 22: South Asia Infant Formula Market Value by Countries (2017)
4.2.4 Australia Infant Formula Market by Volume
Table 23: Australia Infant Formula Market by Volume (2013-2017)
4.2.5 Australia Infant Formula Market Forecast by Volume
Table 24: Australia Infant Formula Market Forecast by Volume (2018-2022)
4.3 Europe
4.3.1 Europe Infant Formula Market by Value
Table 25: Europe Infant Formula Market by Value (2013-2017)
4.3.2 Europe Infant Formula Market Forecast by Value
Table 26: Europe Infant Formula Market Forecast by Value (2018-2022)
4.4 North America
4.4.1 North America Infant Formula Market by Value
Table 27: North America Infant Formula Market by Value (2013-2017)
4.4.2 North America Infant Formula Market Forecast by Value
Table 28: North America Infant Formula Market Forecast by Value (2018-2022)
4.5 Latin America
4.5.1 Latin America Infant Formula Market by Value
Table 29: Latin America Infant Formula Market by Value (2013-2017)
4.5.2 Latin America Infant Formula Market Forecast by Value
Table 30: Latin America Infant Formula Market Forecast by Value (2018-2022)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Birth Rate in Developing Countries
Table 31: Population of 0-4 Years Old in Developing Countries (2013-2017)
5.1.2 Emerging Middle Class Population
Table 32: Global Middle Class Population (2015-2028)
5.1.3 Rising Females in the Workforce
Table 33: Global Working Women Population (2013-2017)
5.1.4 Increasing E-Commerce Sales
Table 34: Global E-Commerce Sales (2013-2017)
5.1.5 Increasing Disposable Income
Table 35: Global Gross National Income (GNI) Per Capita (2013-2017)
5.1.6 Accelerating Economic Growth
Table 36: Global GDP Per Capita (2013-2017)
5.2 Key Trends and Developments
5.2.1 Premiumisation of Products
Table 37: Infant Formula Monthly Expenditure by Region (PPP) (2017)
5.2.2 Increasing Preference Towards Imported Infant Formula in China
Table 38: China Infant Formula Preference by Tier City (2017)
5.3 Challenges
5.3.1 Stringent Regulations
5.3.2 Dominance of Infant Formula Alternatives
6. Competitive Landscape
6.1 Global Market
6.1.1 Net Sales Comparison of Key Players
Table 39: Global Infant Formula Key Players – Revenue/Net sales Comparison (2017)
6.1.2 Global Infant Formula Market Share by Producers
Table 40: Global Infant Formula Market Share by Producers (2017)
6.2 Asia Pacific
6.2.1 Asia Pacific Infant Formula Market Share by Producers
Table 41: Asia Pacific Infant Formula Market Share by Producers (2017)
6.2.2 China Infant Formula Market Share by Producers
Table 42: China Infant Formula Market Share by Producers (2017)
6.2.3 Australia Infant Formula Market Share by Producers
Table 43: Australia Infant Formula Market Share by Producers (2017)
6.3 North America
6.3.1 North America Infant Formula Market Share by Producers
Table 44: North America Infant Formula Market Share by Producers (2017)
6.4 Europe
6.4.1 Eastern Europe Infant Formula Market Share by Producers
Table 45: Eastern Europe Infant Formula Market Share by Producers (2017)
6.4.2 Western Europe Infant Formula Market Share by Producers
Table 46: Western Europe Infant Formula Market Share by Producers (2017)
6.5 Latin America
6.5.1 Latin America Infant Formula Market Share by Producers
Table 47: Latin America Infant Formula Market Share by Producers (2017)
6.6 MEA
6.6.1 MEA Infant Formula Market Share by Producers
Table 48: MEA Infant Formula Market Share by Producers (2017)
7. Company Profiles
7.1 Nestlé S.A.
7.1.1 Business Overview
Table 49: Nestlé S.A. Net Sales by Segments (2017)
7.1.2 Financial Overview
Table 50: Nestlé S.A. Net Sales and Net Profit (2013-2017)
7.1.3 Business Strategies
Table 51: Nestlé S.A. R&D Expenditure (2015-2017)
Table 52: Nestlé S.A. Advertising and Promotion Expenditure (2015-2017)
7.2 Danone S.A.
7.2.1 Business Overview
Table 53: Danone S.A. Net Sales by Segments (2017)
7.2.2 Financial Overview
Table 54: Danone S.A. Net Sales and Net Income (2013-2017)
7.2.3 Business Strategies
Table 55: Danone S.A. R&D Expenditure (2014-2016)
Table 56: Danone S.A. Strategic Agreements (2016/2017)
7.3 Abbott Laboratories
7.3.1 Business Overview
Table 57: Abbott Laboratories Net Sales by Segments (2017)
7.3.2 Financial Overview
Table 58: Abbott Laboratories Net Sales and Net Income (2013-2017)
Table 60: Abbott Laboratories New Product and Service Launches (2018/2017)
7.3.3 Business Strategies
Table 59: Abbott Laboratories R&D Expenditure (2015-2017)
7.4 Royal FrieslandCampina N.V.
7.4.1 Business Overview
Table 61: Royal FrieslandCampina N.V. Revenue by Business Groups (2017)
7.4.2 Financial Overview
Table 7.12: Royal FrieslandCampina N.V. Revenue and Net Profit (2013-2017)
7.4.3 Business Strategies
Table 7.13: Royal FrieslandCampina N.V. R&D Expenditure (2015-2017)
Table 7.14: Royal FrieslandCampina N.V. Advertising and Promotion Expenditure (2015- 2017)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report