Global Infant Formula Ingredients Market Size, Share, Growth Analysis, By Source (Cow Milk, Protein Hydrolysates), By Application(Standard Infant Formula, Growing-up Milk)

Description

Market Insights

Global Infant Formula Ingredients Market size was valued at USD 59.68 Billion in 2021 and is poised to grow from USD 65.23 Billion in 2022 to USD 132.87 Billion by 2030, at a CAGR of 9.3% during the forecast period (2023-2030).

The Global Infant Formula Ingredients Market encompasses the vital components used in producing infant formula products. These ingredients typically include dairy-based proteins, plant-based oils, carbohydrates, vitamins, minerals, and prebiotics. This market's growth is driven by increasing awareness about infant nutrition, rising disposable income, and a growing number of working mothers. Regulatory standards, such as those outlined by organizations like Codex Alimentarius, play a pivotal role in ensuring the safety and quality of these ingredients in infant formula production.

Top-down and bottom-up approaches were used to estimate and validate the size of infant formula ingredients and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The global infant formula ingredients market is segmented on the basis of source, application, and region. By source, the market is segmented into cow milk, protein hydrolysates, and others. By application, the market is segmented into standard infant formula, growing-up milk, specialty formula, and follow-on formula. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers

Factors such as the growing recognition of infant nutrition significance and the expanding working demographic have resulted in an upsurge in the request for infant formula items as an alternative to breastfeeding. This elevates the necessity for top-notch infant formula components, guaranteeing prime nourishment for babies.

Restraints

The infant formula sector operates within a rigorous regulatory framework designed to guarantee the safety and excellence of both infant formula items and their constituents. Adhering to these regulations and acquiring essential endorsements can prove to be a lengthy and costly process for producers.

Market Trends

Non-allergenic components for infant formula, excluding prevalent allergens like dairy, soy, and gluten, have captured the interest of parents and caregivers. The surge in demand for ingredients suitable for allergen-sensitive infants has prompted extensive research and development in this domain.

Product Code: SQMIG30I2262

Executive Summary

Market Overview
Wheel of Fortune
Research Methodology
Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition
Market Dynamics & Outlook
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Infant Formula Ingredients Market by Source
Market Overview
Cow Milk
Protein Hydrolysates
and Others

Global Infant Formula Ingredients Market by Application

Market Overview
Standard Infant Formula
Growing-up Milk
Specialty Formula
and Follow-on Formula
Global Infant Formula Ingredients Market Size by Region
Market Overview
North America
USA
Canada
Europe
Germany
Spain
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
By Development
By Company
By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021
Key Company Profiles
Arla Foods - Denmark
Company Overview
Business Segment Overview
Financial Updates
Key Developments
FrieslandCampina - Netherlands
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Fonterra Co-operative Group Limited - New Zealand
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Glanbia plc - Ireland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Kerry Group - Ireland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
BASF SE - Germany
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Chr. Hansen Holding A/S - Denmark
Company Overview
Business Segment Overview
Financial Updates
Key Developments
DSM Nutritional Products AG - Switzerland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
AAK AB - Sweden
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Carbery Group - Ireland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Sachsenmilch Leppersdorf GmbH - Germany
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Lactalis Ingredients - France
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Danone - France
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Abbott Laboratories - USA
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Mead Johnson Nutrition - USA
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nestle S.A. - Switzerland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Reckitt Benckiser Group plc - UK
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Perrigo Nutritionals - USA
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Royal FrieslandCampina N.V. - Netherlands
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nature's One, Inc. - USA
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Infant Formula Ingredients Market Size, Share, Growth Analysis, By Source (Cow Milk, Protein Hydrolysates), By Application(Standard Infant Formula, Growing-up Milk) - Industry Forecast 2023-2030