Infant Formula Market Size, By Product, By Distribution Channel, Industry Analysis Report, Regional Outlook, End-user Development Potential, Price Trends, Competitive Market Share & Forecast, 2023

Description

List of Tables

The global infant formula market is slated to expand exponentially through 2032 owing to the burgeoning infant population. In addition, the high rate of employed women across the world is expected to foster market growth.

The increasing availability and rise in internet technology, innovations in financial transactions, as well as easy availability of information via online sources, are all pushing the worldwide e-commerce business, thus influencing the market outlook.

Several market conglomerates are relentlessly working toward developing new products and engaging in strategic initiatives such as mergers and acquisitions to score an edge over competitors. For instance, in October 2020, Nutricia acquired The Real Food Blends, LLC Company. The food processing business Real Food Blends creates and markets wholesome food meals for families and tube-fed individuals. This move will aid the company to attract new clients and generate more money.

The infant formula industry has been divided in terms of product, distribution channels, and region.

Based on product, the follow-on segment is expected to expand positively over the review timeline. For infants between the ages of 6 and 12 months, the follow-on formula is created to assist make up for the lack of iron availability, which is likely to proliferate the industry outlook.

On the other hand, the toddler segment is anticipated to attain more than $45 billion by 2032. Due to its high nutritional value, which will aid in newborns' full development, the segment is set to develop significantly over the forecast years.

With respect to distribution channels, the hypermarkets segment is poised to garner strong growth through the forthcoming timeframe. The distinctive mix of hypermarkets in the format of departmental stores is one of the primary aspects which is expected to foster segmental growth.

Meanwhile, the convenience store segment is set to witness high gains by the end of the research years credited to the availability of more convenience stores in any given neighborhood which makes it easier to fulfill the demand for infant formula easily.

From the regional perspective, the Europe infant formula market is estimated to amass more than $35 billion by 2032 given the burgeoning demand for infant formula products in the region on account of their nutritional value and environmentally friendly qualities.

Meanwhile, the Latin America infant formula industry is speculated to propel steadily over the forthcoming years. The LATAM region is seeing stable political and economic conditions, which is supporting the region's growing middle-class sector.

Product Code: 3237

Chapter 1 Methodology & Scope

1.1 Scope & Market definitions
1.2 Methodology & forecast parameters
1.3 COVID-19 impact calculations on the industry forecast
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 Middle East & Africa
1.4 Regional trends
1.5 Data sources
- 1.5.1 Primary
- 1.5.2 Secondary
1.6 Industry Glossary

Chapter 2 Executive Summary

2.1 Infant formula market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Distribution channel trends
- 2.1.4 Regional trends

Chapter 3 Bioplastic Textile Industry Insights

3.1 Introduction
3.2 Industry size & forecast, 2018 - 2032
- 3.2.1 Impact analysis of coronavirus COVID-19 pandemic
3.3 Industry ecosystem analysis
- 3.3.1 Profit margin analysis
- 3.3.2 Value chain analysis
- 3.3.3 Distributor channel analysis
- 3.3.4 Value chain disruption analysis (COVID-19 Impact)
- 3.3.5 Vendor matrix
3.4 Supply-demand scenario in the U.S. infant formula market
3.5 Regulatory landscape
- 3.5.1 The U.S.
- 3.5.2 Europe
- 3.5.3 China
- 3.5.4 India
3.6 Industry impact forces
- 3.6.1 Growth drivers
  - 3.6.1.1 Increasing infant population along with increasing women's employment
  - 3.6.1.2 Increasing awareness among consumers regarding wellness & adoption of home healthcare
  - 3.6.1.3 Strong distribution network and highly adopted E-commerce platforms across the globe
  - 3.6.1.4 Increasing incidence of premature birth and metabolic disorders in babies
- 3.6.2 Industry pitfalls and challenges
  - 3.6.2.1 Stringent government regulations
  - 3.6.2.2 Risk of contamination of chemical residues & harmful bacteria in infant formula and frequent product recall
3.7 Growth potential analysis
3.8 Pricing analysis
- 3.8.1 Pricing analysis, by region
- 3.8.2 Pricing analysis, by product
- 3.8.3 Pricing analysis, by distribution channel
- 3.8.4 Cost structure analysis
  - 3.8.4.1 R&D cost
  - 3.8.4.2 Manufacturing & equipment cost
  - 3.8.4.3 Raw material cost
  - 3.8.4.4 Distribution cost
  - 3.8.4.5 Operating cost
  - 3.8.4.6 Miscellaneous cost
3.9 Innovation & sustainability
- 3.9.1 Patent analysis
- 3.9.2 Technology landscape
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Vendor adoption matrix

Chapter 5 Infant Formula Market, By Product

5.1 Infant Formula market share, by product, 2022 & 2032
5.2 Standard
- 5.2.1 Market estimate and forecast 2018 - 2032
- 5.2.2 Market estimate and forecast, by region, 2018 - 2032
5.3 Follow-on
- 5.3.1 Market estimate and forecast 2018 - 2032
- 5.3.2 Market estimate and forecast, by region, 2018 - 2032
5.4 Toddler
- 5.4.1 Market estimate and forecast 2018 - 2032
- 5.4.2 Market estimate and forecast, by region, 2018 - 2032
5.5 Specialty
- 5.5.1 Market estimate and forecast 2018 - 2032
- 5.5.2 Market estimate and forecast, by region, 2018 - 2032

Chapter 6 Infant Formula Market, By Distribution Channel

6.1 Infant Formula market share, by distribution channel, 2022 & 2032
6.2 Hypermarkets
- 6.2.1 Market estimate and forecast 2018 - 2032
- 6.2.2 Market estimate and forecast, by region, 2018 - 2032
6.3 Supermarkets
- 6.3.1 Market estimate and forecast 2018 - 2032
- 6.3.2 Market estimate and forecast, by region, 2018 - 2032
6.4 Convenience stores
- 6.4.1 Market estimate and forecast 2018 - 2032
- 6.4.2 Market estimate and forecast, by region, 2018 - 2032
6.5 Online
- 6.5.1 Market estimate and forecast 2018 - 2032
- 6.5.2 Market estimate and forecast, by region, 2018 - 2032
6.6 Others
- 6.6.1 Market estimate and forecast 2018 - 2032
- 6.6.2 Market estimate and forecast, by region, 2018 - 2032

Chapter 7 Infant Formula Market, By Region

7.1 Infant Formula market share, by region, 2022 & 2032
7.2 North America
- 7.2.1 North America infant formula market estimate and forecast, 2018 - 2032
- 7.2.2 North America infant formula market estimates and forecast, by product, 2018 - 2032
- 7.2.3 North America market estimates and forecast, by distribution channel, 2018 - 2032
- 7.2.4 U.S.
  - 7.2.4.1 U.S. infant formula market estimate and forecast, 2018 - 2032
  - 7.2.4.2 U.S. infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.2.4.3 U.S. market estimates and forecast, by distribution channel, 2018 - 2032
- 7.2.5 Canada
  - 7.2.5.1 Canada infant formula market estimate and forecast, 2018 - 2032
  - 7.2.5.2 Canada infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.2.5.3 Canada market estimates and forecast, by distribution channel, 2018 - 2032
7.3 Europe
- 7.3.1 Europe infant formula market estimate and forecast, 2018 - 2032
- 7.3.2 Europe infant formula market estimates and forecast, by product, 2018 - 2032
- 7.3.3 Europe market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.4 Germany
  - 7.3.4.1 Germany infant formula market estimate and forecast, 2018 - 2032
  - 7.3.4.2 Germany infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.4.3 Germany market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.5 UK
  - 7.3.5.1 UK infant formula market estimate and forecast, 2018 - 2032
  - 7.3.5.2 UK infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.5.3 UK market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.6 France
  - 7.3.6.1 France infant formula market estimate and forecast, 2018 - 2032
  - 7.3.6.2 France infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.6.3 France market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.7 Italy
  - 7.3.7.1 Italy infant formula market estimate and forecast, 2018 - 2032
  - 7.3.7.2 Italy infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.7.3 Italy market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.8 Spain
  - 7.3.8.1 Spain infant formula market estimate and forecast, 2018 - 2032
  - 7.3.8.2 Spain infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.8.3 Spain market estimates and forecast, by distribution channel, 2018 - 2032
- 7.3.9 Russia
  - 7.3.9.1 Russia infant formula market estimate and forecast, 2018 - 2032
  - 7.3.9.2 Russia infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.3.9.3 Russia market estimates and forecast, by distribution channel, 2018 - 2032
7.4 Asia Pacific
- 7.4.1 Asia Pacific infant formula market estimate and forecast, 2018 - 2032
- 7.4.2 Asia Pacific infant formula market estimates and forecast, by product, 2018 - 2032
- 7.4.3 Asia Pacific market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.4 China
  - 7.4.4.1 China infant formula market estimate and forecast, 2018 - 2032
  - 7.4.4.2 China infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.4.3 China market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.5 India
  - 7.4.5.1 India infant formula market estimate and forecast, 2018 - 2032
  - 7.4.5.2 India infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.5.3 India market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.6 Japan
  - 7.4.6.1 Japan infant formula market estimate and forecast, 2018 - 2032
  - 7.4.6.2 Japan infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.6.3 Japan market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.7 Australia
  - 7.4.7.1 Australia infant formula market estimate and forecast, 2018 - 2032
  - 7.4.7.2 Australia infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.7.3 Australia market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.8 Indonesia
  - 7.4.8.1 Indonesia infant formula market estimate and forecast, 2018 - 2032
  - 7.4.8.2 Indonesia infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.8.3 Indonesia market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.9 Malaysia
  - 7.4.9.1 Malaysia infant formula market estimate and forecast, 2018 - 2032
  - 7.4.9.2 Malaysia infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.9.3 Malaysia market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.10 South Korea
  - 7.4.10.1 South Korea infant formula market estimate and forecast, 2018 - 2032
  - 7.4.10.2 South Korea infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.10.3 South Korea market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.11 Thailand
  - 7.4.11.1 Thailand infant formula market estimate and forecast, 2018 - 2032
  - 7.4.11.2 Thailand infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.11.3 Thailand market estimates and forecast, by distribution channel, 2018 - 2032
- 7.4.12 Vietnam
  - 7.4.12.1 Vietnam infant formula market estimate and forecast, 2018 - 2032
  - 7.4.12.2 Vietnam infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.4.12.3 Vietnam market estimates and forecast, by distribution channel, 2018 - 2032
7.5 Latin America
- 7.5.1 Latin America infant formula market estimate and forecast, 2018 - 2032
- 7.5.2 Latin America infant formula market estimates and forecast, by product, 2018 - 2032
- 7.5.3 Latin America market estimates and forecast, by distribution channel, 2018 - 2032
- 7.5.4 Brazil
  - 7.5.4.1 Brazil infant formula market estimate and forecast, 2018 - 2032
  - 7.5.4.2 Brazil infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.5.4.3 Brazil market estimates and forecast, by distribution channel, 2018 - 2032
- 7.5.5 Mexico
  - 7.5.5.1 Mexico infant formula market estimate and forecast, 2018 - 2032
  - 7.5.5.2 Mexico infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.5.5.3 Mexico market estimates and forecast, by distribution channel, 2018 - 2032
7.6 Middle East & Africa
- 7.6.1 Middle East & Africa infant formula market estimate and forecast, 2018 - 2032
- 7.6.2 Middle East & Africa infant formula market estimates and forecast, by product, 2018 - 2032
- 7.6.3 Middle East & Africa market estimates and forecast, by distribution channel, 2018 - 2032
- 7.6.4 South Africa
  - 7.6.4.1 South Africa infant formula market estimate and forecast, 2018 - 2032
  - 7.6.4.2 South Africa infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.6.4.3 South Africa market estimates and forecast, by distribution channel, 2018 - 2032
- 7.6.5 Saudi Arabia
  - 7.6.5.1 Saudi Arabia infant formula market estimate and forecast, 2018 - 2032
  - 7.6.5.2 Saudi Arabia infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.6.5.3 Saudi Arabia market estimates and forecast, by distribution channel, 2018 - 2032
- 7.6.6 UAE
  - 7.6.6.1 UAE infant formula market estimate and forecast, 2018 - 2032
  - 7.6.6.2 UAE infant formula market estimates and forecast, by product, 2018 - 2032
  - 7.6.6.3 UAE market estimates and forecast, by distribution channel, 2018 - 2032

Chapter 8 Company Profiles

8.1 Nestle SA
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
8.2 Nutricia
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
8.3 BUBS Australia
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
8.4 Abbot Laboratories
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
8.5 Hero Group
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
8.6 Mead Johnson Nutrition
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
8.7 Perrigo
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
8.8 Arla Group
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
8.9 HiPP
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
8.10 Bellamy's Organic
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis