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Infant Formula Ingredients Market: Exploring the Figures - Market Size, Growth Rates, Key Drivers and Emerging Trends
From $23.41 billion in 2024 to an estimated $35.95 billion by 2029 - the global infant formula ingredients market is on the ascend powered by heightened awareness of infant nutrition, increased birth rates and population growth, alongside progressive urbanization and busy lifestyles of parents.What Is The Projected Market Size Of The Global Infant Formula Ingredients Market And Its Growth Rate?
• The infant formula ingredients market has grown swiftly from $23.41 billion in 2024 to $25.53 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.0%.
• Key drivers of growth during the historic period involved improved distribution channels, regulatory standards for infant formula production, and an overall rise in global birth rates and population growth.
• Cumulatively, the market size is projected to expand to $35.95 billion in 2029, with a CAGR of 8.9%. This growth is anticipated to be driven by the demand for organic and clean label infant formula ingredients, expansion of e-commerce platforms for infant nutrition products, and rising disposable income.
What Is Driving The Growth In The Infant Formula Ingredients Market?
The global concentration on infant care and nutrition fuels the growth of the infant formula ingredients market. Infant care and nutrition are paramount for reducing morbidity and mortality in infants, minimizing risk of chronic diseases, and promoting regular mental and physical development. Adequate nutrition encourages total growth, health, and development in children, and halts the possibility of obesity or developing non-communicable diseases in later life stages. This rising focus will create a significant demand for infant formula ingredients as they provide adequate nutrition to infants as an effective alternative to breast milk.
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Who Are the Key Players Driving Infant Formula Ingredients Market Growth?
• Arla Foods AMBA
• Fonterra Co-Operative Group Limited
• Royal FrieslandCampina NV
• DuPont de Nemours Inc.
• Sachsenmilch Leppersdorf GmbH
• AAK AB
• Carbery Food Ingredients Limited
• Kerry Group plc
• BASF SE
• Koninklijke DSM N.V.
What Are The Key Trends In The Infant Formula Ingredients Market?
• Human milk oligosaccharides
• Probiotics and prebiotics for gut health
• Non-gmo and organic ingredients
• Omega-3 fatty acids (dha and epa)
• Personalized and customized formulas
What Are The Segments Of The Global Infant Formula Ingredients Market?
• By Ingredients Type: Carbohydrates, Oil And Fats, Protein, Vitamin, Minerals, Prebiotics
• By Form: Powder, Liquid, Semi Liquid
• By Application: Growing Milk, Standard Infant, Follow On Formula, Specialty Formula
Which Region Leads The Infant Formula Ingredients Market?
In 2024, North America led the market as the largest region in the infant formula ingredients market, with Asia-Pacific expected to be the fastest-growing region. The report includes insights into other regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Infant Formula Ingredients Market Global Market Report?
- Market Size Analysis: Analyze the Infant Formula Ingredients Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Infant Formula Ingredients Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Infant Formula Ingredients Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Infant Formula Ingredients Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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