Global Baby Milk Formula Market - Industry Analysis, Trends, Growth, & Forecast

Global Baby Milk Formula market is expected to be growing to a market size of less than USD 60 Million. Asia leads the market with a share of more than 30%.

Featured Companies

  • 1. Hain Celestial Group, Inc.
  • 2. Reckitt Benckiser Group Plc.
  • 3. Danone - WhiteWave Foods
  • 4. Arla Food
  • 5. Ausnutria
  • 6. Beingmate
  • 7. Ella’s Kitchen
  • 8. Friesland Campina
  • 9. Happy Family Brands (Nurture Inc)
  • More...

The baby milk formula is specially manufactured for the infants under 12 months. The formula is usually prepared for feeding milk to the baby other than mother’s milk. Though breastfeeding is always recommended for the babies under 6 months, but mothers still prefer milk formula for their baby to get more nutrition. However, the baby milk formula is more popular than the other baby food products in the market. The milk formula contains various nutrients like carbohydrates, fats, proteins, vitamins, minerals and etc. These nutrients are very important for development of the baby. The three major baby milk formulas, mostly preferred by the new mothers are, Cow milk protein-based formulas, Soy-based formulas and Protein hydrolysate formulas.

Cow milk-based formula is prepared with cow’s milk, that has been the alternative of the breast milk. Therefore, this formula gives the right balance of nutrients and also makes the formula easier for digestion. This formula is mostly preferred by every baby. The Soy-based formulas are meant for those who want to exclude animal proteins from their child’s diet. This formula can also be an option for the babies who are intolerant or allergic to cow milk formula or allergic to lactose, for those soy-milk formula can be useful. The protein hydrolysate formulas contain protein that is broken down into smaller sizes, than those in cow milk and soy-based formulas. This formula is meant for babies who can’t tolerate cow milk or soy-based milk.

In the research report published by Actual Market Research titled- Global Baby Milk Formula Market Overview, 2021-2026, in 2015 the global baby milk formula market valued more than USD 30 million, and it is expected that by the end of the forecasted period, the market will be growing less than USD 60 million. Globally, China leads the market with a little higher market share of 15% by the end of the forecasted period and regionally, in 2015 Asia leaded the milk formula market share by more than 30% and will increase through the forecasted period. As per country wise Brazil has a potential market growth by the increase of the disposable income by a large number of working women in this country.

With the help of the government initiatives for improving the penetration of baby milk formula across the countries like India and China is helping out the market to grow. The reason behind the popularity of the baby milk formula, are the millennial parents. The millennial parents are more conscious about the healthy ingredients, this reason is also enhancing the companies to come up with clean label marketing. This is also driven the companies to adopt and to introduce organic food products for babies across the globe.

Few best baby milk formulas across the globe are, Similac Pro-Advance Infant Formula, Burt’s Bees Baby Formula, Earth’s Best Organic Dairy Infant Powder Formula, Enfamil NeuroPro Baby Formula Milk, Enfamil Neuro Pro Gentlease Baby Formula, Similac Go & Grow, Happy Baby Organic Infant Formula, Similac Advance Infant Formula, Enfamil Nutramigen Hypoallergenic Colic Baby Formula, Neocate Infant Baby Formula, Gerber Good Start Powder Infant Formula, Alfamino Infant Formula.

Major players in the Baby Milk Formula Market are: 
1. Arla Foods
2. Ausnutria
3. Beingmate
4. Danone
5. Ella's Kitchen
6. Friesland Campina
7. Happy Family Brands (Nurture Inc)
8. Hero Group
9. Hipp Organic (UK)
10. Mead Johnson Nutrition
11. Perrigo Company plc
12. Reckitt
13. Sun-Maid Growers of California
14. The Hain Celestial Group
15. The Kraft Heinz Company

CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Sales Channel (Supermarket & Hypermarket, Pharmacy/ Drug Store, Convenience Stores & Online)
• Market Share by Region
• Market Share by Country
• Market Share by Company

This report would help you answer the following questions:
1. What is the market size and forecast of the Global Baby Milk Formula Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Baby Milk Formula Market during the forecast period?
3. Which region outstands in the Global Baby Milk Formula Market?
4. Which are the segments to invest in over the forecast period in the Global Baby Milk Formula Market?
5. What is the competitive strategic window for opportunities in the Global Baby Milk Formula Market?
6. What are the technology trends and regulatory frameworks in the Global Baby Milk Formula Market?
7. What are the major companies in the Global Baby Milk Formula Market?

What's Inside a Actual Market Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Kripa Shah

Kripa Shah

Senior Analyst

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Companies Mentioned

  • Hain Celestial Group, Inc.
  • Reckitt Benckiser Group Plc.
  • Danone - WhiteWave Foods
  • Arla Food
  • Ausnutria
  • Beingmate
  • Ella’s Kitchen
  • Friesland Campina
  • Happy Family Brands (Nurture Inc)
  • Hipp Organic (UK)
  • Mead Johnson Nutrition
  • Perrigo Company plc
  • Sun-Maid Growers of California

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considered
  • 3.2. Market Definitions
  • 4. Global Baby Milk Formula Market Outlook
  • 4.1. Market Size By Value
  • 4.2. Market Share
  • 4.2.1. By Sales Channel
  • 4.2.2. By Region
  • 4.2.3. By Country
  • 5. North America Baby Milk Formula Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Sales Channel
  • 5.2.2. By Country
  • 5.3. US Baby Milk Formula Care Market Outlook
  • 5.4. Canada Baby Milk Formula Care Market Outlook
  • 5.5. Mexico Baby Milk Formula Care Market Outlook
  • 6. Europe Baby Milk Formula Market Outlook Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Sales Channel
  • 6.2.2. By Country
  • 6.3. UK Baby Milk Formula Market Outlook
  • 6.4. Germany Baby Milk Formula Market Outlook
  • 6.5. France Baby Milk Formula Market Outlook
  • 6.6. Spain Baby Milk Formula Market Outlook
  • 6.7. Italy Baby Milk Formula Market Outlook
  • 6.8. Russia Baby Milk Formula Market Outlook
  • 7. Asia Pacific Baby Milk Formula Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share
  • 7.2.1. By Sales Channel
  • 7.2.2. By Country
  • 7.3. China Baby Milk Formula Market Outlook
  • 7.4. Japan Baby Milk Formula Market Outlook
  • 7.5. India Baby Milk Formula Market Outlook
  • 7.6. Australia Baby Milk Formula Market Outlook
  • 8. Latin America Baby Milk Formula Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share
  • 8.2.1. By Sales Channel
  • 8.2.2. By Country
  • 8.3. Brazil Baby Milk Formula Market Outlook
  • 8.4. Argentina Baby Milk Formula Market Outlook
  • 8.5. Columbia Baby Milk Formula Market Outlook
  • 9. Middle East & Africa Baby Milk Formula Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share
  • 9.2.1. By Product
  • 9.2.2. By Sales Channel
  • 9.2.3. By Country
  • 9.3. UAE Baby Milk Formula Market Outlook
  • 9.4. Saudi Arabia Baby Milk Formula Market Outlook
  • 9.5. South Africa Baby Milk Formula Market Outlook
  • 10. Market Dynamics
  • 10.1. Key Drivers
  • 10.2. Key Challenges
  • 11. Market Trends and Developments
  • 12. Company Profiles
  • 12.1. Arla Food
  • 12.2. Ausnutria
  • 12.3. Beingmate
  • 12.4. Danone
  • 12.5. Ella’s Kitchen
  • 12.6. Friesland Campina
  • 12.7. Happy Family Brands (Nurture Inc)
  • 12.8. Hero Group
  • 12.9. Hipp Organic
  • 12.10. Mead Johnson Nutrition
  • 12.11. Perrigo Company plc
  • 12.12. Reckitt
  • 12.13. Sun-Maid Growers of California
  • 12.14. The Hain Celestial Group
  • 12.15. The Kraft Heinz Company
  • 13. Strategic Recommendations
  • 14. Related Reports
  • 15. Disclaimer

List of Tables
Table 1: Global Baby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
Table 2: Global Baby Milk Formula Market Share By Region (2015, 2020 & 2026F)
Table 3: Global Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 4: North America Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 5: USA Baby Population 2015 – 2030F
Table 6: USA Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 7: USA Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 8: Canada Baby Population 2015 – 2030F
Table 9: Canada Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 10: Canada Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 11: Mexico Baby Population 2015 – 2030F
Table 12: Mexico Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 13: Mexico Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 14: Europe Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 15: UK Baby Population 2015 – 2030F
Table 16: UK Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 17: UK Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 18: Germany Baby Population 2015 – 2030F
Table 19: Germany Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 20: Germany Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 21: France Baby Population 2015 – 2030F
Table 22: France Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 23: France Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 24: Spain Baby Population 2015 – 2030F
Table 25: Spain Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 26: Spain Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 27: Italy Baby Population 2015 – 2030F
Table 28: Italy Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 29: Italy Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 30: Russia Baby Population 2015 – 2030F
Table 31: Russia Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 32: Russia Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 33: Asia Pacific Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 34: China Baby Population 2015 – 2030F
Table 35: China Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 36: China Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 37: Japan Baby Population 2015 – 2030F
Table 38: Japan Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 39: Japan Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 40: India Baby Population 2015 – 2030F
Table 41: India Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 42: India Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 43: Australia Baby Population 2015 – 2030F
Table 44: Australia Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 45: Australia Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 46: Latin America Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 47: Brazil Baby Population 2015 – 2030F
Table 48: Brazil Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 49: Brazil Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 50: Argentina Baby Population 2015 – 2030F
Table 51: Argentina Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 52: Argentina Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 53: Columbia Baby Population 2015 – 2030F
Table 54: Columbia Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 55: Columbia Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 56: Middle East & Africa Baby Milk Formula Market Share By Country (2015, 2020 & 2026F)
Table 57: UAE Baby Population 2015 – 2030F
Table 58: UAE Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 59: UAE Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 60: Saudi Arabia Baby Population 2015 – 2030F
Table 61: Saudi Arabia Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 62: Saudi Arabia Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 63: South Africa Baby Population 2015 – 2030F
Table 64: South Africa Baby Milk Formula Market Size By Value 2015 - 2020 (In USD Million)
Table 65: South Africa Baby Milk Formula Market Size Forecast By Value 2021- 2026F (In USD Million)
Table 66: Key Facts of Arla Food
Table 67: Key Facts of Ausnutria
Table 68: Key Facts of Beingmate
Table 69: Key Facts of Danone
Table 70: Key Facts of Ella’s Kitchen
Table 71: Key Facts of Friesland Campina
Table 72: Key Facts of Happy Family Brands (Nurture Inc)
Table 73: Key Facts of Hero Group
Table 74: Key Facts of Hipp Organic (UK)
Table 75: Key Facts of Mead Johnson Nutrition
Table 76: Key Facts of Perrigo Company plc
Table 77: Key Facts of Reckitt
Table 78: Key Facts of Sun-Maid Growers of California
Table 79: Key Facts of The Hain Celestial Group

List of Figures
Figure 1: Global Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 2: North America Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 3: North America Baby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
Figure 4: Europe Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 5: Europe Baby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
Figure 6: Asia Pacific Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 7: Asia Pacific Baby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
Figure 8: Latin America Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 9: Latin AmericaBaby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
Figure 10: Middle East & Africa Baby Milk Formula Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 11: Middle East & Africa Baby Milk Formula Market Share By Product (2015, 2020 & 2026F)
Figure 12: Middle East & Africa Baby Milk Formula Market Share By Sales Channel (2015, 2020 & 2026F)
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Global Baby Milk Formula Market - Industry Analysis, Trends, Growth, & Forecast

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