Global Baby Milk Formula Market Overview, 2021-2026
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%.
- Bonafide Research
- 15-09-2021
- Pages : 89
- Figures : 12
- Tables : 79
- Region : Global
- Category : Consumer Goods & Services
- Baby Products
Featured Companies
- 1. Hain Celestial Group, Inc.
- 2. Reckitt Benckiser Group Plc.
- 3. Danone SA
- 4. Arla Food
- 5. Ausnutria
- 6. Beingmate
- 7. Ella’s Kitchen
- 8. Friesland Campina
- 9. Happy Family Brands (Nurture Inc)
- More...
In the research report published by Bonafide Research titled- Global Baby Milk Formula Market Overview, 2021-2026, research has been conducted to outline and deep dive into the regional markets and their dynamics in the global baby food product market. To assess the market better, the market has been appropriately segmented based on product category, prominent sales channels delivering revenue, and region. The major sales channels that have been analyzed are- supermarket/hypermarket, pharmacy/drug store, convenience store, and online channels. Geographical regions considered for the study are- North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Popularly known as infant formula or milk formula, is manufactured and marketed for infants for under 12 months, usually prepared for feeding other than the mother’s milk. Even in the overall baby food market, the milk formula is the most popular among parents. It contains various nutrients like carbohydrates, fats, proteins, vitamins, minerals, etc which are important for the overall development of the baby. The global market was at a value of more than USD 30 Million in the year 2015. Though breastfeeding is recommended for under six months, the use of infant formula is an alternative preferred as it consists of similar nutrients. By the end of the forecasted period, the market is expected to be growing to a market value of less than USD 60 Million.
The increased disposable income in emerging economies is the major drive for the market growth other than the awareness about the high nutrition of the infant milk formula. China leads the global market with a little higher share than 15% at the end of the forecasted period. Evidentially, regionally, Asia leads the market with a share of more than 30% since 2015 and increasing through the forecasted period. Brazil is also a potential market given the rise in disposable income backed by a large number of working women in the country.
Across China and India, favorable government initiatives have improved the penetration of such infant milk formula products. Consumers especially millennial parents are now conscious about the ingredients, which have compelled the companies to come up with clean label marketing. This has also driven the adoption of organic food for babies across the globe. The awareness regarding the need for additional nutrition for a toddler has encourages the parents to invest in the product.
Few of the major players in the market are Arla Foods, Ausnutria, Beingmate, Danone, Ella's Kitchen, Friesland Campina, Happy Family Brands (Nurture Inc), Hero Group, Hipp Organic (UK), Mead Johnson Nutrition, Perrigo Company plc, Reckitt, Sun-Maid Growers of California, The Hain Celestial Group, 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 Bonafide 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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Companies Mentioned
- Hain Celestial Group, Inc.
- Reckitt Benckiser Group Plc.
- Danone SA
- 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
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
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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