Global Milk Infant Formula Market Scale: Size, Trends, and Forecasts 2024-2030

    According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.

Global Market Research Publisher QYResearch announces the release of its lastest report “Milk Infant Formula - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Milk Infant Formula market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.

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Some of the Key Questions Answered in this Report:

• What is the Milk Infant Formula market size at the regional and country-level
• What are the key drivers, restraints, opportunities, and challenges of the Milk Infant Formula market, and how they are expected to impact the market
• What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Milk Infant Formula
• Who are the global key manufacturers of the Milk Infant Formula Industry, How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
• What are the Milk Infant Formula market opportunities and threats faced by the vendors in the global Milk Infant Formula Industry
• Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
• What focused approach and constraints are holding the Milk Infant Formula market
• What are the different sales, marketing, and distribution channels in the global industry
• What are the upstream raw materials andof Milk Infant Formula along with the manufacturing process of Milk Infant Formula
• What are the key market trends impacting the growth of the Milk Infant Formula market
• Economic impact on the Milk Infant Formula industry and development trend of the Milk Infant Formula industry
• What are the Milk Infant Formula market opportunities, market risk, and market overview of the Milk Infant Formula market

Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Milk Infant Formula market is segmented as below:

By Company

    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

Segment by Type

    SMP

    WMP

    Whey Powders

    Others

Segment by Application

    0~6 Months Baby

    6~12 Months Baby

    1~3 Years Baby

This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.

Each chapter of the report provides detailed information for readers to further understand the Milk Infant Formula market:

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Milk Infant Formula manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Milk Infant Formula in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

Table of Contents

1 Milk Infant Formula Market Overview

1.2 Milk Infant Formula Market by Type

1.3 Global Milk Infant Formula Market Size by Type

1.4 Key Regions Market Size by Type

1.4.1 North America Milk Infant Formula Sales Breakdown by Type (2019-2024)

1.4.2 Europe Milk Infant Formula Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific Milk Infant Formula Sales Breakdown by Type (2019-2024)

1.4.4 Latin America Milk Infant Formula Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa Milk Infant Formula Sales Breakdown by Type (2019-2024)

2 Milk Infant Formula Market Competition by Company

2.1 Global Top Players by Milk Infant Formula Sales (2019-2024)

2.2 Global Top Players by Milk Infant Formula Revenue (2019-2024)

2.3 Global Top Players by Milk Infant Formula Price (2019-2024)

2.4 Global Top Manufacturers Milk Infant Formula Manufacturing Base Distribution, Sales Area, Product Type

2.5 Milk Infant Formula Market Competitive Situation and Trends

2.5.1 Milk Infant Formula Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by Milk Infant Formula Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Milk Infant Formula as of 2023)

2.7 Date of Key Manufacturers Enter into Milk Infant Formula Market

2.8 Key Manufacturers Milk Infant Formula Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Milk Infant Formula Status and Outlook by Region

3.1 Global Milk Infant Formula Market Size and CAGR by Region: 2019 VS 2023 VS 2030

3.2 Global Milk Infant Formula Historic Market Size by Region

3.3 Global Milk Infant Formula Forecasted Market Size by Region

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