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Download Free sampleBaby 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 contains market size and forecasts of Baby Formula in global, including the following market information:
Global Baby Formula Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Baby Formula Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Baby Formula companies in 2021 (%)
The global Baby Formula market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cow Milk Infant Formula Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Baby Formula include Yili, Biostime, Yashili, Feihe, Brightdairy, Beingmate, Wonderson, Synutra and Wissun, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
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, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, by Type, 2021 (%)
Cow Milk Infant Formula
Goat Milk Infant Formula
Global Baby Formula Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, by Application, 2021 (%)
Maternal Stores
Supermarkets/Hypermarkets
Global Baby Formula Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Baby Formula Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (Estimated), ($ millions)
Key companies Baby Formula revenues share in global market, 2021 (%)
Key companies Baby Formula sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Baby Formula sales share in global market, 2021 (%)
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
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