Global Infant Formula Milk Powder Market Growth 2019-2024

Global Infant Formula Milk Powder Market Growth 2019-2024 -
4 months ago

The Global Infant Formula Milk Powder Market Growth 2019-2024Report added by gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

Infant formula milk powder, also called infant formula milk powder, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with water). The U.S. Federal Food, Drug, and Cosmetic Act(FFDCA) defines infant formula as “a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk”.

Milk Powder Formulated are also for adults or higher age group. This report covers formula milk powder.

In global market, the consumption of formula milk powder increases from 2233 K MT in 2012 to 2656 K MT in 2016, at a CAGR of more than 4.43%. In 2016, the global formula milk powder market is led by Asia-Pacific, capturing about 56.26% of global formula milk powder consumption. Europe is the second-largest region-wise market with 21.46% global consumption share.

Formula milk powder downstream is suit for 1-3 year old infants and adult (student, pregnant women, the elderly, etc.). National policy and media exposure may limit some brand development. Once a certain brand of milk powder has been exposed quality issues, it will receive a deadly sales impact. Therefore, it seems that formula milk powder market is always changing.

According to this study, over the next five years the Infant Formula Milk Powder market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Infant Formula Milk Powder business, shared in Chapter 3.

Browse the complete Infant Formula Milk Powder market Report and TOC @

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Whole Milk Powder
  • Skimmed Milk Powder

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • 0-6 Months Baby
  • 6-12 Months Baby
  • 12-36 Months Baby
  • Adults 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Mead Johnson
  • Nestle
  • Danone
  • Abbott
  • FrieslandCampina
  • Heinz
  • Bellamy
  • Topfer
  • HiPP
  • Perrigo
  • Arla
  • Holle
  • Fonterra
  • Westland Dairy
  • Pinnacle
  • Meiji
  • Yili
  • Biostime
  • Yashili
  • Feihe
  • Brightdairy
  • Beingmate
  • Wonderson
  • Synutra
  • Wissun

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Research objectives

·         To study and analyze the global Infant Formula Milk Powder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

·         To understand the structure of Infant Formula Milk Powder market by identifying its various subsegments.

·         Focuses on the key global Infant Formula Milk Powder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

·         To analyze the Infant Formula Milk Powder with respect to individual growth trends, future prospects, and their contribution to the total market.

·         To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

·         To project the consumption of Infant Formula Milk Powder submarkets, with respect to key regions (along with their respective key countries).

·         To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

·         To strategically profile the key players and comprehensively analyze their growth strategies.

Purchase the complete Global Infant Formula Milk Powder Market Research Report @

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