Breast Milk Storage Products Market Size, Share & Trends Analysis Report By Product (Bottles, Bags), By Sales Channel (Hospital Pharmacy, Retail Store, E-Commerce), By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: September 23, 2024

PAGES: 90 Pages

DELIVERY TIME: 2-10 business days

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Description

Breast Milk Storage Products Market Growth & Trends:

The global breast milk storage products market size is expected to reach USD 834.1 million in 2030 and is projected to grow at a CAGR of 8.3% from 2024 to 2030. The expansion of the market for breast milk storage products can be attributed to growing public knowledge of the advantages of breast milk. Various governments around the world urge moms to breastfeed their children until they are 6 months old. A number of industry participants, including Medela LLC, Laura & Co., and Ameda, and universities, such as Washington University and Fudan University, are educating women about breastfeeding and its advantages by organizing workshops and offering educational periodicals. This is, in turn, impelling the market growth.

Globally expanding milk banks are predicted to significantly increase the demand for breast milk storage products including bottles and bags. For instance, Germany has roughly 18 breastmilk banks that can aid premature children by giving them donor milk. In order to assist clinical institutions in Germany, Austria, and Switzerland with the establishment and management of human milk banks on a national scale, the European Foundation for Care of Newborn Infants (EFCNI) has also launched an international project. This is expected to increase the milk donation, thereby impelling the need for breast milk storage products.

Furthermore, it is anticipated that increasing awareness and a number of government measures to normalize the use of breast milk will benefit the market growth. For instance, a congresswoman introduced a bipartisan bill in August 2022 to safeguard parents who are traveling with breast milk. The Transportation Security Administration (TSA) is now required to clarify and regulate updates on handling breast milk and infant formula. This law will make it possible for parents to transport breast milk as well as other infant formula while feeling safe and at ease. This could result in driving the demand for breast milk bottles and bags.

Breast Milk Storage Products Market Report Highlights:

The bottle dominated the market and accounted for the largest revenue share of 59.6% in 2023. This growth is attributed to the demand for solutions to store breast milk safely and for as long as possible, which has increased the demand for R&D and technological advancement.
The hospital pharmacy (inpatient) segment dominated the market and accounted for the largest revenue share of 38.6% in 2023.
E-commerce is expected to grow at a CAGR of 9.2% over the projected years owing to rapid technological advancement, which enables consumers to browse and purchase products anywhere with enhanced payment gateways, which ease the transaction process and innovative logistics and supply chain management
Asia Pacific breast milk storage products market is anticipated to witness significant growth with a CAGR of 8.1% from 2024 to 2030

Product Code: GVR-4-68039-985-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Breast Milk Storage Products Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Breast Milk Storage Products Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Breast Milk Storage Products Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Breast Milk Storage Products Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Bottles
- 4.3.1. Bottles Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Bags
- 4.4.1. Bags Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Breast Milk Storage Products Market: Sales Channel Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Breast Milk Storage Products Market: Sales Channel Movement Analysis, 2023 & 2030 (USD Million)
5.3. Hospital Pharmacy (Inpatient)
- 5.3.1. Hospital Pharmacy (Inpatient) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Retail Store
- 5.4.1. Retail Store Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. E-Commerce
- 5.5.1. E-Commerce Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Wholesaler/Distributor
- 5.6.1. Wholesaler/Distributor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Direct Purchase
- 5.7.1. Direct Purchase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Breast Milk Storage Products Market: Regional Estimates & Trend Analysis

6.1. Breast Milk Storage Products Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
- 6.2.1. North America Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
  - 6.2.3.1. Canada Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
- 6.3.1. Europe Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
  - 6.3.2.1. UK Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
  - 6.3.3.1. Germany Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
  - 6.3.4.1. France Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
  - 6.3.5.1. Italy Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
  - 6.3.6.1. Spain Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
  - 6.4.2.1. China Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
  - 6.4.3.1. Japan Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
  - 6.4.4.1. India Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
  - 6.4.5.1. South Korea Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
  - 6.4.6.1. Australia Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
- 6.5.1. Latin America Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
  - 6.5.3.1. Argentina Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.4. Colombia
  - 6.5.4.1. Colombia Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
  - 6.6.2.1. Saudi Arabia Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
  - 6.6.3.1. UAE Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
  - 6.6.4.1. South Africa Breast Milk Storage Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. Medela
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Magento, Inc.
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Ardo medical AG
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Koninklijke Philips N.V.
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Pigeon Corporation
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Spectra Baby USA
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. LaVie Mom.
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Motif Medical
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Mayborn Group Limited
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Chicco
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives