Baby Formula Market

Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
Baby Formula Market aims to provide a comprehensive presentation of the global market for Baby Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Formula. Baby Formula Market contains market size and forecasts of Baby Formula in global, including the following market information:
Global Baby Formula Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Baby Formula Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Baby Formula companies in 2022 (%)
The global Baby Formula market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
We surveyed the Baby Formula manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Baby Formula Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, by Type, 2022 (%)
Cow Milk Infant Formula
Goat Milk Infant Formula
Global Baby Formula Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, by Application, 2022 (%)
Maternal Stores
Supermarkets/Hypermarkets
Global Baby Formula Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Baby Formula revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Baby Formula revenues share in global market, 2022 (%)
Key companies Baby Formula sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Baby Formula sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Baby Formula, market overview.
Chapter 2: Global Baby Formula market size in revenue and volume.
Chapter 3: Detailed analysis of Baby Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Baby Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Baby Formula capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.