Global Infant Formula Market Key Players, Demands, Growth Rate, Covid-19 Impact Analysis, Product & Distribution Channel and Forecasts to 2026

The global infant formula market is anticipated to be valued at US$98.69 billion in 2026, growing at a CAGR of 8% for the period spanning from 2022 to 2026. Factors that supported growth in the global infant formula market are increasing female participation in workforce, growth in middle class population and rise in e-commerce sales. The market growth is expected to be hindered by declining fertility rate and stringent regulations. However, the market would experience growth accrued to key trends like growing awareness about feeding baby foods and growing adoption of probiotics in infant formula.

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The global infant formula market by product can be segmented as follows: toddler (1-2 months), standard (0-6 months), follow-on (6-12 months) and special (Premature & Allergic). In 2021, the dominant share of the market was held by toddler infant formula, followed by standard and follow-on infant formula. On the basis of distribution channel, the global infant formula market can be segmented into the following categories: hypermarkets/supermarkets, specialty stores and pharmacy/medical stores. The dominant share of the market in 2021 was held by hypermarkets/supermarkets segment.

The global infant formula market by region can be segmented into the following six regions: China, Asia Pacific (ex. China), Europe, North America, Latin America and MEA. In 2021, the dominant share of the global infant formula market was held by China, followed by Asia Pacific (ex. China) and Europe. The abolishment of one child policy in China was the one major factor that supported growth in China infant formula market. China is predicted to acquire dominant share in the global infant formula market, supported by various factors like increasing birth rates and growing preference for infant formula by working women.

Scope of the report:

- The report provides a comprehensive analysis of the global infant formula market with potential impact of COVID-19.
- The major regional markets (China, Asia Pacific (ex. China), Europe, North America, Latin America and MEA) have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Nestlé S.A., Danone S.A., Abbott Laboratories, Royal FrieslandCampina, Reckitt Benckiser and Kraft Heinz) are also presented in detail.

Key Target Audience:

- Infant Formula Producers
- Raw Material Suppliers
- Consulting Firms
- Investment Banks
- Government Bodies & Regulating Authorities

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Table of Contents:

1. Market Overview
1.1 Baby Food
1.2 Infant Formula
1.3 Infant Formula Value Chain Analysis
1.4 Advantages of Infant Formula
2. Impact of COVID-19
2.1 Impact on Global Economy
2.2 Impact on Birth Rate
2.3 Surging Unemployment
3. Baby Food Market Analysis
3.1 Global Baby Food Market by Value
3.2 Global Baby Food Market Forecast by Value
3.3 Global Baby Food Market by Product Type
3.4 Asia Pacific Baby Food Market by Value
3.5 Asia Pacific Baby Food Market Forecast by Value
4. Global Infant Formula Market Analysis
4.1 Infant Formula Market by Value
4.2 Infant Formula Market Forecast by Value
4.3 Infant Formula Market by Volume
4.4 Infant Formula Market Forecast by Volume
4.5 Infant Formula Market Value by Product
4.5.1 Global Toddler Infant Formula Market by Value
4.5.2 Global Toddler Infant Formula Market Forecast by Value
4.5.3 Global Standard Infant Formula Market by Value
4.5.4 Global Standard Infant Formula Market Forecast by Value
4.5.5 Global Follow-on Infant Formula Market by Value
4.5.6 Global Follow-on Infant Formula Market Forecast by Value
4.5.7 Global Special Infant Formula Market by Value
4.5.8 Global Special Infant Formula Market Forecast by Value
4.6 Infant Formula Market by Distribution Channel
4.6.1 Global Infant Formula Market Value by Distribution Channel
4.6.2 Global Infant Formula Market Value Forecast by Distribution Channel
4.7 Infant Formula Market Value by Region
5. Regional Infant Formula Market Analysis
5.1 China
5.1.1 China Infant Formula Market by Value
5.1.2 China Infant Formula Market Forecast by Value
5.1.3 China Infant Formula Market by Volume
5.1.4 China Infant Formula Market Forecast by Volume
5.1.5 China Infant Formula Market Share by Product
5.1.6 China Infant Formula Market Value Forecast by Product
5.1.7 China Infant Formula Market by Distribution Channels
5.2 Asia Pacific (Ex. China)
5.2.1 Asia Pacific (Ex. China) Infant Formula Market by Value
5.2.2 Asia Pacific (Ex. China) Infant Formula Market Forecast by Value
5.2.3 Australia Infant Formula Market by Volume
5.2.4 Australia Infant Formula Market Forecast by Volume
5.3 Europe
5.3.1 Europe Infant Formula Market by Value
5.3.2 Europe Infant Formula Market Forecast by Value
5.4 North America
5.4.1 North America Infant Formula Market by Value
5.4.2 North America Infant Formula Market Forecast by Value
5.5 Latin America
5.5.1 Latin America Infant Formula Market by Value
5.5.2 Latin America Infant Formula Market Forecast by Value
5.6 MEA
5.6.1 MEA Infant Formula Market by Value
5.6.2 MEA Infant Formula Market Forecast by Value
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Rising Number of Females in the Workforce
6.1.2 Surge in E-Commerce Sales
6.1.3 Emerging Middle Class Population
6.1.4 Increasing Disposable Income
6.1.5 Escalating Economic Growth
6.1.6 Rising Prevalence of Suboptimal Breastfeeding
6.2 Key Trends and Developments
6.2.1 Increasing Preference Towards Imported Infant Formula in China
6.2.2 Rising Adoption of Probiotics in Infant Formula
6.2.3 Increasing Awareness About Feeding Baby Foods
6.3 Challenges
6.3.1 Declining Birth Rate
6.3.2 Decreasing Fertility Rate
6.3.3 Stringent Regulations
6.3.4 Dominance of Infant Formula Alternatives
7. Competitive Landscape
7.1 Global Market
7.1.1 Global Infant Formula Market Share by Producers
7.2 Asia Pacific
7.2.1 Asia Pacific Infant Formula Market Share by Producers
7.2.2 Asia Pacific Infant Formula Market Share by Brand
7.2.3 China Infant Formula Market Share by Producers
7.2.4 Australia Infant Formula Market Share by Producers
7.3 North America
7.3.1 North America Infant Formula Market Share by Producers
7.4 Europe
7.4.1 Eastern Europe Infant Formula Market Share by Producers
7.4.2 Western Europe Infant Formula Market Share by Producers
7.5 Latin America
7.5.1 Latin America Infant Formula Market Share by Producers
7.6 MEA
7.6.1 MEA Infant Formula Market Share by Producers
8. Company Profiles
8.1 Nestlé S.A.
8.1.1 Business Overview
8.2 Danone S.A.
8.2.1 Business Overview
8.3 Abbott Laboratories
8.3.1 Business Overview
8.4 Royal FrieslandCampina N.V.
8.4.1 Business Overview
8.5 Reckitt Benckiser
8.5.1 Business Overview
8.6 Kraft Heinz
8.6.1 Business Overview

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