Global Infant Milk Powder Market Insights and Forecast to 2028

Market Analysis and Insights: Global Infant Milk Powder Market
Due to the COVID-19 pandemic, the global Infant Milk Powder market size is estimated to be worth US$ 27740 million in 2022 and is forecast to a readjusted size of US$ 33760 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, Cow's Milk Based Formula accounting for % of the Infant Milk Powder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While 0-6 Months Baby (First Class) segment is altered to an % CAGR throughout this forecast period.
China Infant Milk Powder market size is valued at US$ million in 2021, while the US and Europe Infant Milk Powder are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Infant Milk Powder landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Infant Milk Powder include Mead Johnson, Nestle, Danone (Sutton Group), Abbott, FrieslandCampinaHeinz, Bellamy, Topfer, HiPP and Perrigo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Infant Milk Powder Scope and Segment
Infant Milk Powder market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Infant Milk Powder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Cow's Milk Based Formula
Soy-Based Formula
Protein Hydrolysate Based Formula
Specialty Formula
Segment by Application
0-6 Months Baby (First Class)
6-12 Months Baby (Second Class)
12-36 Months Baby (Third Class)
By Company
Mead Johnson
Nestle
Danone (Sutton Group)
Abbott
FrieslandCampinaHeinz
Bellamy
Topfer
HiPP
Perrigo
Arla
Holle
Fonterra
Westland Dairy
Pinnacle
Meiji
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE