Baby Formula market

Baby Formula Market - Global Outlook and Forecast 2022-2028

  • 03 February 2022
  • Food and Beverages
  • 123 Pages
  • Report code : PMR-6834872

  • 4.7 (158)

Baby Formula Market

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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 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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