Infant Formula Milk Powder Market

Infant formula milk powder, also called infant formula milk powder, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with water). The U.S. Federal Food, Drug, and Cosmetic Act(FFDCA) defines infant formula as "a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk".

Infant Formula Milk Powder Market contains market size and forecasts of Infant Formula Milk Powder in global, including the following market information:

Global Infant Formula Milk Powder Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Infant Formula Milk Powder Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Infant Formula Milk Powder companies in 2021 (%)

The global Infant Formula Milk Powder market was valued at 27520 million in 2021 and is projected to reach US$ 34440 million by 2028, at a CAGR of 3.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

First Stage Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Infant Formula Milk Powder include Danone, Nestle, Abbott, Reckiit, Biostime, Bellamy, Topfer, HiPP and Perrigo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Infant Formula Milk Powder 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 Infant Formula Milk Powder Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Infant Formula Milk Powder Market Segment Percentages, by Type, 2021 (%)

First Stage

Second Stage

Third Stage

Global Infant Formula Milk Powder Market, by Sales Channel, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Infant Formula Milk Powder Market Segment Percentages, by Sales Channel, 2021 (%)

Maternal Stores

Supermarkets/Hypermarkets

Online Retail

Global Infant Formula Milk Powder Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Infant Formula Milk Powder 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 Infant Formula Milk Powder revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Infant Formula Milk Powder revenues share in global market, 2021 (%)

Key companies Infant Formula Milk Powder sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Infant Formula Milk Powder sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Danone

Nestle

Abbott

Reckiit

Biostime

Bellamy

Topfer

HiPP

Perrigo

Humana

Nutribio

Meiji

a2 Milk

Ausnutria

Feihe

Yili

Yashili

Bright Dairy & Food

Junlebao

Beingmate

Wonder Sun

Wissun

YeePer

Synutra