Infant Formula Milk Powder Market Size, Share, and Outlook, 2025 Report- By Type (Whole Milk Powder, Skimmed Milk Powder), Source (Organic, No Artificial Colour, Lactose, and Dairy Free, Gluten-Free), Packaging (Cans, Packets), Age Group (0 to 6 Months, 6

Infant Formula Milk Powder Market Outlook

The global Infant Formula Milk Powder market is expected to register a growth rate of 10.6% during the forecast period from $83.5 Billion in 2024 to $187 Billion in 2032. The Infant Formula Milk Powder market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Infant Formula Milk Powder segments across 22 countries from 2021 to 2032. Key segments in the report include By Type(Whole Milk Powder, Skimmed Milk Powder), Source (Organic, No Artificial Colour, Lactose, and Dairy Free, Gluten-Free), Packaging (Cans, Packets), Age Group (0 to 6 Months, 6 to 12 Months, 12 to 36 Months), Distribution Channel (Supermarkets and Hypermarkets, Pharmacies, Convenience Store, Online Store, Others). Over 70 tables and charts showcase findings from our latest survey report on Infant Formula Milk Powder markets.

Infant Formula Milk Powder Market Insights, 2025

The infant formula milk powder market is a critical segment within the infant nutrition industry, providing essential nutrients for infants who are not breastfed or require supplemental feeding. Rising awareness about infant health, increasing working mothers, and advancements in formula compositions drive market demand globally. Innovations include formulas with added probiotics, prebiotics, DHA, ARA, and specialized variants for allergies or premature infants. Regulatory frameworks ensure stringent safety, nutritional adequacy, and quality standards across regions, impacting product formulations and labeling. The market sees growth in e-commerce and specialized retail channels, improving accessibility in urban and rural areas. Key regions such as Asia-Pacific exhibit robust growth due to rising birth rates and changing parental preferences. Additionally, consumer demand for organic and non-GMO formulas fosters product diversification. Market players invest heavily in R&D and marketing to build trust and brand loyalty among parents.

Five Trends that will define global Infant Formula Milk Powder market in 2025 and Beyond

A closer look at the multi-million global market for Infant Formula Milk Powder identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Infant Formula Milk Powder companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Infant Formula Milk Powder industry?

The Infant Formula Milk Powder sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Infant Formula Milk Powder Market Segment Insights

The Infant Formula Milk Powder industry presents strong offers across categories. The analytical report offers forecasts of Infant Formula Milk Powder industry performance across segments and countries. Key segments in the industry include- By Type(Whole Milk Powder, Skimmed Milk Powder), Source (Organic, No Artificial Colour, Lactose, and Dairy Free, Gluten-Free), Packaging (Cans, Packets), Age Group (0 to 6 Months, 6 to 12 Months, 12 to 36 Months), Distribution Channel (Supermarkets and Hypermarkets, Pharmacies, Convenience Store, Online Store, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Infant Formula Milk Powder market size outlook is provided for 22 countries across these regions.

Market Value Chain

The chapter identifies potential companies and their operations across the global Infant Formula Milk Powder industry ecosystem. It assists decision-makers in evaluating global Infant Formula Milk Powder market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Infant Formula Milk Powder industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Infant Formula Milk Powder Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Infant Formula Milk Powder Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Infant Formula Milk Powder with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Infant Formula Milk Powder market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Infant Formula Milk Powder market Insights- Executives are most excited about opportunities for the US Infant Formula Milk Powder industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Infant Formula Milk Powder companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Infant Formula Milk Powder market.

Latin American Infant Formula Milk Powder market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Infant Formula Milk Powder Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Infant Formula Milk Powder markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Infant Formula Milk Powder markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Infant Formula Milk Powder companies outcompete in 2025?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Nestlé S.A., Mead Johnson Nutrition Company LLC, Danone S.A., Abbott Laboratories, Kraft Heinz Company, Perrigo Company plc, Arla Foods Ingredients Group P/S, Bellamy's Australia Limited, Health and Happiness (HandH) International Holdings Limited.

Infant Formula Milk Powder Market Scope

Leading Segments

By Type

Whole Milk Powder

Skimmed Milk Powder

By Source

Organic

No Artificial Colour

Lactose and Dairy Free

Gluten-Free

By Packaging

Cans

Packets

By Age Group 0 to 6 Months

6 to 12 Months

12 to 36 Months

By Distribution Channel

Supermarkets and Hypermarkets

Pharmacies

Convenience Store

Online Store

Others

Leading Companies

Nestlé S.A.

Mead Johnson Nutrition Company LLC

Danone S.A.

Abbott Laboratories

Kraft Heinz Company

Perrigo Company plc

Arla Foods Ingredients Group P/S

Bellamy's Australia Limited

Health and Happiness (HandH) International Holdings Limited

Geographies

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others

Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others

Latin America- Brazil, Argentina, Others

Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.