Baby Infant Formula Market By Type, By Ingredient, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2031

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Baby Infant Formula Market," The baby infant formula market was valued at $25.5 billion in 2021, and is estimated to reach $56.6 billion by 2031, growing at a CAGR of 8.1% from 2022 to 2031.

The baby infant formula market is projected to be fueled by increase in consumer shift toward clean-label and plant-based products. The baby infant formula market is flourishing globally, with promising prospects for rapid expansion in the industry amid a frenzy of innovation including essential substances such as probiotics and human milk oligosaccharides. The expansion of organic and clean-labeled newborn nutrition products is anticipated to be supported by the increased consumer trend away from chemical components and toward all-natural & plant-based ingredients.

The Asia-Pacific baby infant formula market had a major share in 2021 and is projected to grow significantly during the forecast period, owing to the living standards in China, India, South Korea, and other countries. Rise in disposable income has led to higher spending on infant nutrition. Rapid increase in female participation in labor force in India, coupled with high infant population, is anticipated to provide opportunities to the infant formula manufacturers, thereby boosting the market growth.

Moreover, in the present scenario, consumers have become more health conscious and prefer minimally processed foods and natural drinks for their babies. Parents are on a constant look out for foods that are healthy for consumption by their children. Thus, baby infant formula free from ingredients such as added sugar, sodium, and preservatives is expected to present new opportunities for manufacturers.

In addition, infant formula serves as an ideal substitute for mother's milk; however, it lacks antibodies and the complexity of nutrients found in mother's milk. Moreover, it is less digestible as compared to breast milk and might contain allergens. Thus, development in technology of infant milk production results in the emergence of new products with high density of nutrition that match the nutrient complexity of breast milk, which is expected to provide lucrative opportunities for the growth of the global market.

However, according to the World Bank, more than 80% of the global population resides in the developing countries, while global birth rates have steadily decreased across all regions and economic levels have remained highest over the past 55 years in developing countries. According to the World Bank, in 2021, the global birth rate was 17.873 per 1,000 people, a 1.13% decline from 2020. This decline in the global birth rate is expected to result in sluggish market growth.

The baby infant formula market is segmented on the basis of type, ingredient, distribution channel, and region. By type, the market is classified into infant milk, follow on milk, specialty baby milk, and growing up milk. By ingredient, the market is divided into carbohydrate, fat, protein, minerals, and vitamins. By distribution channel, the market is categorized into online and offline. The offline segment is further segregated into hypermarkets & supermarkets, pharmacy/medical store, specialty stores, and hard discounter store. Region wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Turkey, Russia, and rest of Europe), Asia-Pacific (China, India, South Korea, Japan, Philippines, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, UAE, and rest of LAMEA).

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the baby infant formula market include Abbott Laboratories, Arla Foods amba, Campbell Soups, Dana Dairy Group Ltd, Danone, D-Signstore, HiPP GmbH & Co. Vertrieb KG, Reckitt Benckiser (Mead Johnson & Company LLC), The Hain Celestial Group, Inc., The Kraft Heinz Company, Reckitt Benckiser Group plc, Royal FrieslandCampina N.V., bellamy's organic, Nestle S.A., and yili group.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baby infant formula market analysis from 2021 to 2031 to identify the prevailing baby infant formula market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the baby infant formula market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global baby infant formula market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Distribution Channel

Online
Offline
- Offline Sub type
- Hypermarkets and Supermarkets
- Pharmacy/Medical Store
- Specialty Stores
- Hard Discounter Store

By Type

Infant milk
Follow on milk
Specialty baby milk
Growing-up milk

By Ingredient

Carbohydrate
Fat
Protein
Minerals
Vitamins
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Turkey
- Russia
- Rest of Europe
Asia-Pacific
- China
- India
- South Korea
- Japan
- Philippines
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA

Key Market Players:

Abbott Laboratories
Royal FrieslandCampina N.V.
Campbell Soup Company
The Hain Celestial Group, Inc.
Dana Dairy Group
Reckitt Benckiser Group PLC
Arla Foods amba
Nestle S.A.
Danone S.A.
The Kraft Heinz Company

Product Code: A02297

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in number of women participations in labor force
  - 3.4.1.2. High nutritional content of infant formula
  - 3.4.1.3. Rise in middle-class population in emerging economies

3.4.2. Restraints
- 3.4.2.1. Concerns related to food safety
- 3.4.2.2. Decline in global birth rate

3.4.3. Opportunities
- 3.4.3.1. Growth in preference for organic baby food & drinks
- 3.4.3.2. Developments in technology result in emergence of new products

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: BABY INFANT FORMULA MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Infant milk
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Follow on milk
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Specialty baby milk
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Growing-up milk
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: BABY INFANT FORMULA MARKET, BY INGREDIENT

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Carbohydrate
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Fat
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Protein
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Minerals
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Vitamins
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country

CHAPTER 6: BABY INFANT FORMULA MARKET, BY DISTRIBUTION CHANNEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Offline
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.3.4. Offline Baby Infant Formula Market by Offline Sub type
  - 6.3.4.1. Hypermarkets and Supermarkets Market size and forecast, by region
  - 6.3.4.2. Hypermarkets and Supermarkets Market size and forecast, by country
  - 6.3.4.3. Pharmacy/Medical Store Market size and forecast, by region
  - 6.3.4.4. Pharmacy/Medical Store Market size and forecast, by country
  - 6.3.4.5. Specialty Stores Market size and forecast, by region
  - 6.3.4.6. Specialty Stores Market size and forecast, by country
  - 6.3.4.7. Hard Discounter Store Market size and forecast, by region
  - 6.3.4.8. Hard Discounter Store Market size and forecast, by country

CHAPTER 7: BABY INFANT FORMULA MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Ingredient
- 7.2.4. Market size and forecast, by Distribution Channel
  - 7.2.4.1. North America Offline Baby Infant Formula Market by Offline Sub type
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Type
  - 7.2.5.1.3. Market size and forecast, by Ingredient
  - 7.2.5.1.4. Market size and forecast, by Distribution Channel
  - 7.2.5.1.4.1. U.S. Offline Baby Infant Formula Market by Offline Sub type
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Type
  - 7.2.5.2.3. Market size and forecast, by Ingredient
  - 7.2.5.2.4. Market size and forecast, by Distribution Channel
  - 7.2.5.2.4.1. Canada Offline Baby Infant Formula Market by Offline Sub type
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Type
  - 7.2.5.3.3. Market size and forecast, by Ingredient
  - 7.2.5.3.4. Market size and forecast, by Distribution Channel
  - 7.2.5.3.4.1. Mexico Offline Baby Infant Formula Market by Offline Sub type
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Ingredient
- 7.3.4. Market size and forecast, by Distribution Channel
  - 7.3.4.1. Europe Offline Baby Infant Formula Market by Offline Sub type
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Type
  - 7.3.5.1.3. Market size and forecast, by Ingredient
  - 7.3.5.1.4. Market size and forecast, by Distribution Channel
  - 7.3.5.1.4.1. UK Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Type
  - 7.3.5.2.3. Market size and forecast, by Ingredient
  - 7.3.5.2.4. Market size and forecast, by Distribution Channel
  - 7.3.5.2.4.1. Germany Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.3. France
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Type
  - 7.3.5.3.3. Market size and forecast, by Ingredient
  - 7.3.5.3.4. Market size and forecast, by Distribution Channel
  - 7.3.5.3.4.1. France Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Type
  - 7.3.5.4.3. Market size and forecast, by Ingredient
  - 7.3.5.4.4. Market size and forecast, by Distribution Channel
  - 7.3.5.4.4.1. Italy Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.5. Spain
  - 7.3.5.5.1. Key market trends, growth factors and opportunities
  - 7.3.5.5.2. Market size and forecast, by Type
  - 7.3.5.5.3. Market size and forecast, by Ingredient
  - 7.3.5.5.4. Market size and forecast, by Distribution Channel
  - 7.3.5.5.4.1. Spain Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.6. Turkey
  - 7.3.5.6.1. Key market trends, growth factors and opportunities
  - 7.3.5.6.2. Market size and forecast, by Type
  - 7.3.5.6.3. Market size and forecast, by Ingredient
  - 7.3.5.6.4. Market size and forecast, by Distribution Channel
  - 7.3.5.6.4.1. Turkey Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.7. Russia
  - 7.3.5.7.1. Key market trends, growth factors and opportunities
  - 7.3.5.7.2. Market size and forecast, by Type
  - 7.3.5.7.3. Market size and forecast, by Ingredient
  - 7.3.5.7.4. Market size and forecast, by Distribution Channel
  - 7.3.5.7.4.1. Russia Offline Baby Infant Formula Market by Offline Sub type
  - 7.3.5.8. Rest of Europe
  - 7.3.5.8.1. Key market trends, growth factors and opportunities
  - 7.3.5.8.2. Market size and forecast, by Type
  - 7.3.5.8.3. Market size and forecast, by Ingredient
  - 7.3.5.8.4. Market size and forecast, by Distribution Channel
  - 7.3.5.8.4.1. Rest of Europe Offline Baby Infant Formula Market by Offline Sub type
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Ingredient
- 7.4.4. Market size and forecast, by Distribution Channel
  - 7.4.4.1. Asia-Pacific Offline Baby Infant Formula Market by Offline Sub type
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Type
  - 7.4.5.1.3. Market size and forecast, by Ingredient
  - 7.4.5.1.4. Market size and forecast, by Distribution Channel
  - 7.4.5.1.4.1. China Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.2. India
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Type
  - 7.4.5.2.3. Market size and forecast, by Ingredient
  - 7.4.5.2.4. Market size and forecast, by Distribution Channel
  - 7.4.5.2.4.1. India Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.3. South Korea
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Type
  - 7.4.5.3.3. Market size and forecast, by Ingredient
  - 7.4.5.3.4. Market size and forecast, by Distribution Channel
  - 7.4.5.3.4.1. South Korea Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.4. Japan
  - 7.4.5.4.1. Key market trends, growth factors and opportunities
  - 7.4.5.4.2. Market size and forecast, by Type
  - 7.4.5.4.3. Market size and forecast, by Ingredient
  - 7.4.5.4.4. Market size and forecast, by Distribution Channel
  - 7.4.5.4.4.1. Japan Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.5. Philippines
  - 7.4.5.5.1. Key market trends, growth factors and opportunities
  - 7.4.5.5.2. Market size and forecast, by Type
  - 7.4.5.5.3. Market size and forecast, by Ingredient
  - 7.4.5.5.4. Market size and forecast, by Distribution Channel
  - 7.4.5.5.4.1. Philippines Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.6. Indonesia
  - 7.4.5.6.1. Key market trends, growth factors and opportunities
  - 7.4.5.6.2. Market size and forecast, by Type
  - 7.4.5.6.3. Market size and forecast, by Ingredient
  - 7.4.5.6.4. Market size and forecast, by Distribution Channel
  - 7.4.5.6.4.1. Indonesia Offline Baby Infant Formula Market by Offline Sub type
  - 7.4.5.7. Rest of Asia-Pacific
  - 7.4.5.7.1. Key market trends, growth factors and opportunities
  - 7.4.5.7.2. Market size and forecast, by Type
  - 7.4.5.7.3. Market size and forecast, by Ingredient
  - 7.4.5.7.4. Market size and forecast, by Distribution Channel
  - 7.4.5.7.4.1. Rest of Asia-Pacific Offline Baby Infant Formula Market by Offline Sub type
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Ingredient
- 7.5.4. Market size and forecast, by Distribution Channel
  - 7.5.4.1. LAMEA Offline Baby Infant Formula Market by Offline Sub type
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Type
  - 7.5.5.1.3. Market size and forecast, by Ingredient
  - 7.5.5.1.4. Market size and forecast, by Distribution Channel
  - 7.5.5.1.4.1. Brazil Offline Baby Infant Formula Market by Offline Sub type
  - 7.5.5.2. Argentina
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Type
  - 7.5.5.2.3. Market size and forecast, by Ingredient
  - 7.5.5.2.4. Market size and forecast, by Distribution Channel
  - 7.5.5.2.4.1. Argentina Offline Baby Infant Formula Market by Offline Sub type
  - 7.5.5.3. South Africa
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Type
  - 7.5.5.3.3. Market size and forecast, by Ingredient
  - 7.5.5.3.4. Market size and forecast, by Distribution Channel
  - 7.5.5.3.4.1. South Africa Offline Baby Infant Formula Market by Offline Sub type
  - 7.5.5.4. Saudi Arabia
  - 7.5.5.4.1. Key market trends, growth factors and opportunities
  - 7.5.5.4.2. Market size and forecast, by Type
  - 7.5.5.4.3. Market size and forecast, by Ingredient
  - 7.5.5.4.4. Market size and forecast, by Distribution Channel
  - 7.5.5.4.4.1. Saudi Arabia Offline Baby Infant Formula Market by Offline Sub type
  - 7.5.5.5. UAE
  - 7.5.5.5.1. Key market trends, growth factors and opportunities
  - 7.5.5.5.2. Market size and forecast, by Type
  - 7.5.5.5.3. Market size and forecast, by Ingredient
  - 7.5.5.5.4. Market size and forecast, by Distribution Channel
  - 7.5.5.5.4.1. UAE Offline Baby Infant Formula Market by Offline Sub type
  - 7.5.5.6. Rest of LAMEA
  - 7.5.5.6.1. Key market trends, growth factors and opportunities
  - 7.5.5.6.2. Market size and forecast, by Type
  - 7.5.5.6.3. Market size and forecast, by Ingredient
  - 7.5.5.6.4. Market size and forecast, by Distribution Channel
  - 7.5.5.6.4.1. Rest of LAMEA Offline Baby Infant Formula Market by Offline Sub type

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

9.1. Abbott Laboratories
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Arla Foods amba
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. The Hain Celestial Group, Inc.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. The Kraft Heinz Company
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
9.5. Reckitt Benckiser Group PLC
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Royal FrieslandCampina N.V.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Nestle S.A.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
9.8. Campbell Soup Company
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
9.9. Danone S.A.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Dana Dairy Group
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio