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Home » Our Report Repository » Baby Formula Market Analysis and Global Forecast (2020-2028) with COVID Impact Analysis
Water Heater Market Analysis and Forecast (2020-2028) with COVID Impact Analysis ₹265,281.49(Approx. $ 3,475.00)
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Frozen Food Market Analysis and Global Forecast (2020-2028) with COVID Impact Analysis ₹265,281.49(Approx. $ 3,475.00)

Baby Formula Market Analysis and Global Forecast (2020-2028) with COVID Impact Analysis

₹265,281.49(Approx. $ 3,475.00)

Global Baby Formula Market By Product Type (Infant Milk, Follow on milk, Specialty baby milk, and Growing-up milk), By Ingredient (Carbohydrate, Fats, Proteins, Minerals, Vitamin), By Distribution Channel (Online and Offline (Hypermarkets, Supermarkets, Medical Stores, Specialty Stores)) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028

Report Code: EB_F&B_294 | Page: 174 | Report Status: Upcoming

Categories: Baby Food, Food & Beverage
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  • Description
  • Table of Content
  • Connect to Analyst
  • Pricing
  • Research Methodology
Description

The global baby formula market size was valued at $ 28.66 Billion in 2022 and is expected to reach $70.79 Billion by 2033 growing at the CAGR of 8.44% from 2023 to 2033. This growth is attributed to several macro and micro economic factors such as

Increasing population of newborns

The global population of newborns is increasing, which is a major driver for the baby formula market. The newborns population is increasing due to several factors, including the decline in infant mortality rates, the increasing number of births in developing countries, and the rising trend of delayed childbearing.

According to the World Health Organization (WHO), there were an estimated 140 million births in 2020. This number is expected to increase to 150 million by 2030. The majority of the world’s population growth is occurring in developing countries. This is due to a number of factors, including the decline in fertility rates in developed countries and the increasing number of women of childbearing age in developing countries.

The increasing population of newborns leads to increase in demand for baby formula as many parents choose to use baby formula when they are unable to breastfeed their babies. The baby formula market is expected to continue to grow in the coming years, as the global population of newborns continues to increase.

Rising number of working mothers helps to grow global baby formula market

Another major driver for the baby formula market is the rising number of working mothers. In many countries, more and more women are entering the workforce. This means that they have less time to breastfeed their babies, and they may choose to use baby formula instead.

In many countries, women are becoming more economically active. This is due to a number of factors, including the increasing educational attainment of women and the changing social norms. In several developing economies, the availability of affordable child care is limited. This means that working mothers may have to choose between working and breastfeeding their babies. The working mothers are often away from their babies for long periods of time. As a result, they choose to use baby formula instead.

The baby formula market is expected to continue to grow in the coming years, as the number of working mothers continues to rise.

Further several factors restraining the market growth include

  • Stringent regulations regarding baby formula products
  • High cost of ready-to-eat baby formulas

Collaborations and Alliances in the Baby formula market is expected to generate higher avenues during the forecast period.

The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the baby formula market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.

In terms of COVID 19 impact, the baby formula market report also includes following data points:

  • Impact on baby formula market size
  • End User Trend, Preferences and Budget Impact
  • Regulatory Framework/Government Policies
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in baby formula market

 

Key Insight in the report:

The global baby formula market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.

Our report covers extensive competitive intelligence which include following data points:

  • Business Overview
  • Business Segment Data
  • Financial Data
  • Product Segment Analysis and Specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis

 

The report covers market sizing and forecasting at the country level as well as at the segment level. Baby formula market is analyzed across below-mentioned different segments:

  • Product Type
    • Infant Milk
    • Follow on milk
    • Specialty baby milk
    • Growing-up milk
  • Ingredient
    • Carbohydrate
    • Fats
    • Proteins
    • Minerals
    • Vitamin
    • Others
  • Distribution Channel
    • Online
    • Offline
      • Hypermarkets
      • Supermarkets
      • Medical Stores
      • Specialty Stores

Baby formula market is also analyzed across below-mentioned regions/countries:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • South America
    • Middle East & Africa

 

The some of the key players in of Baby formula market include:

  • Dana Dairy Group Ltd
  • Arla Foods Amba
  • Campbell Soups
  • Danone
  • D-Signstore
  • HiPP GmbH & Co. Vertrieb KG
  • Reckitt Benckiser
  • The Hain Celestial Group
  • Nestle S.A.
  • Abbott

 

REPORT CONTENT BRIEF:

  • High level analysis of the current and future market trends and opportunities
  • Detailed analysis on current market drivers, restraining factors, and opportunities in the future
  • Baby formula market estimates for 2020 and forecast from 2021 to 2028
  • Vendor market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.

 

Target Audience

  • Manufacturers
  • Suppliers and traders
  • Government, associations, and industrial bodies
  • Investors and trade experts
  • Consulting Firms or Individual Consultant
  • Anyone interested in understanding industry dynamic of baby formula market

For more details mail us at

[email protected]

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Table of Content

Table of Content

Chapter 1.   Executive Summary

 

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

 

Chapter 3.   Evolve BI Methodology

 

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact of COVID-19 on Baby Formula Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End User Trend, Preferences and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

 

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DRO Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

 

Chapter 6.   Global Baby Formula Market, By Product Type

                     6.1.   Introduction

                     6.2.   Starting Milk Formula

                     6.3.   Follow-on Milk Formula

                     6.4.   Toddlers Milk Formula

                     6.5.   Special Milk Formula

 

Chapter 7.   Global Baby Formula Market, By Ingredient

                     7.1.   Introduction

                     7.2.   Carbohydrate

                     7.3.   Fats

                     7.4.   Proteins

                     7.5.   Minerals

                     7.6.   Vitamin

 

Chapter 8.   Global Baby Formula Market, By Distribution Channel

                     8.1.   Introduction

                     8.2.   Hypermarkets

                     8.3.   Supermarkets

                     8.4.   Medical Stores

                     8.5.   Specialty Stores

 

Chapter 9.   Global Baby Formula Market, By Region

                     9.1.   Introduction

                     9.2.   North America

                               9.2.1.   Introduction

                               9.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.2.3.   Market Size and Forecast, By Country, 2020 - 2026

                               9.2.4.   Market Size and Forecast, By Product Type, 2020 - 2026

                               9.2.5.   Market Size and Forecast, By Ingredient, 2020 – 2026

                               9.2.6.   Market Size and Forecast, By Distribution Channel, 2020 – 2026

                               9.2.7.   US

                                              9.2.7.1.   Introduction

                                              9.2.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.7.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.2.7.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.2.7.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.2.8.   Canada

                                              9.2.8.1.   Introduction

                                              9.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.8.4.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.2.8.5.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.2.8.6.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                     9.3.   Europe

                               9.3.1.   Introduction

                               9.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.3.3.   Market Size and Forecast, By Country, 2020 - 2026

                               9.3.4.   Market Size and Forecast, By Product Type, 2020 - 2026

                               9.3.5.   Market Size and Forecast, By Ingredient, 2020 – 2026

                               9.3.6.   Market Size and Forecast, By Distribution Channel, 2020 – 2026

                               9.3.7.   Germany

                                              9.3.7.1.   Introduction

                                              9.3.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.7.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.3.7.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.3.7.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.3.8.   France

                                              9.3.8.1.   Introduction

                                              9.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.8.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.3.8.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.3.8.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.3.9.   UK

                                              9.3.9.1.   Introduction

                                              9.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.9.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.3.9.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.3.9.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.3.10.   Italy

                                              9.3.10.1.   Introduction

                                              9.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.10.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.3.10.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.3.10.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.3.11.   Rest Of Europe

                                              9.3.11.1.   Introduction

                                              9.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.11.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.3.11.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.3.11.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                     9.4.   Asia-Pacific

                               9.4.1.   Introduction

                               9.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.4.3.   Market Size and Forecast, By Country, 2020 - 2026

                               9.4.4.   Market Size and Forecast, By Product Type, 2020 - 2026

                               9.4.5.   Market Size and Forecast, By Ingredient, 2020 – 2026

                               9.4.7.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.4.8.   China

                                              9.4.8.1.   Introduction

                                              9.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.8.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.4.8.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.4.8.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.4.9.   India

                                              9.4.9.1.   Introduction

                                              9.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.9.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.4.9.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.4.9.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.4.10.   Japan

                                              9.4.10.1.   Introduction

                                              9.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.10.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.4.10.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.4.10.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.4.11.   South Korea

                                              9.4.11.1.   Introduction

                                              9.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.11.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.4.11.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.4.11.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.4.12.   Rest Of Asia-Pacific

                                              9.4.11.1.   Introduction

                                              9.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.12.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.4.12.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.4.12.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                     9.5.   Rest Of The World (RoW)

                               9.5.1.   Introduction

                               9.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.5.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                               9.5.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                               9.5.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.5.6.   Market Size and Forecast, By Region, 2020 - 2026

                               9.5.7.   South America

                                              9.5.7.1.   Introduction

                                              9.5.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.7.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.5.7.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.5.7.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

                               9.5.8.   Middle East & Africa

                                              9.5.8.1.   Introduction

                                              9.5.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.8.3.   Market Size and Forecast, By Product Type, 2020 - 2026

                                              9.5.8.4.   Market Size and Forecast, By Ingredient, 2020 – 2026

                                              9.5.8.5.   Market Size and Forecast, By Distribution Channel, 2020 - 2026

 

Chapter 10.   Competitive Landscape

                     10.1.   Introduction

                     10.2.   Vendor Share Analysis, 2020/Key Players Positioning 2020

 

Chapter 11.   Company Profiles

                     11.1.   Dana Dairy Group Ltd

                               11.1.1.   Business Overview

                               11.1.2.   Financial Analysis

                               11.1.3.   Product Portfolio

                               11.1.4.   Recent Development and Strategies Adopted

                               11.1.5.   SWOT Analysis

                     11.2.   Arla Foods Amba

                               11.2.1.   Business Overview

                               11.2.2.   Financial Analysis

                               11.2.3.   Product Portfolio

                               11.2.4.   Recent Development and Strategies Adopted

                               11.2.5.   SWOT Analysis

                     11.3.   Campbell Soups

                               11.3.1.   Business Overview

                               11.3.2.   Financial Analysis

                               11.3.3.   Product Portfolio

                               11.3.4.   Recent Development and Strategies Adopted

                               11.3.5.   SWOT Analysis

                     11.4.   Danone

                               11.4.1.   Business Overview

                               11.4.2.   Financial Analysis

                               11.4.3.   Product Portfolio

                               11.4.4.   Recent Development and Strategies Adopted

                               11.4.5.   SWOT Analysis

                     11.5.    D-Signstore

                               11.5.1.   Business Overview

                               11.5.2.   Financial Analysis

                               11.5.3.   Product Portfolio

                               11.5.4.   Recent Development and Strategies Adopted

                               11.5.5.   SWOT Analysis

                     11.6.   HiPP GmbH & Co. Vertrieb KG

                               11.6.1.   Business Overview

                               11.6.2.   Financial Analysis

                               11.6.3.   Product Portfolio

                               11.6.4.   Recent Development and Strategies Adopted

                               11.6.5.   SWOT Analysis

                     11.7.   Reckitt Benckiser

                               11.7.1.   Business Overview

                               11.7.2.   Financial Analysis

                               11.7.3.   Product Portfolio

                               11.7.4.   Recent Development and Strategies Adopted

                               11.7.5.   SWOT Analysis

                     11.8.   The Hain Celestial Group

                               11.8.1.   Business Overview

                               11.8.2.   Financial Analysis

                               11.8.3.   Product Portfolio

                               11.8.4.   Recent Development and Strategies Adopted

                               11.8.5.   SWOT Analysis

                     11.9.   Nestle S.A.

                               11.9.1.   Business Overview

                               11.9.2.   Financial Analysis

                               11.9.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

                     11.10.   Abbott

                               11.10.1.   Business Overview

                               11.10.2.   Financial Analysis

                               11.10.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

 

Chapter 12.   Key Takeaways

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This report gives a brief idea about the industry, without being too heavy on your budget. It gives you an understanding of current and future market scenarios (long-term and short-term), major dynamics and their impact analysis, top-level regional analysis, and competitive benchmarking of 10 key competitors in the market.
(Customization Possible as per your need)
$250 Connect with our Sales Representative by Email or Filling Form on the side
Competitive Intelligence Report
(35-45 Pages PDF Report)
This report gives you a detailed understanding of key competitors in the market. This report includes competitive benchmarking of 15 key competitors, market share of the top 5 competitors, key strategies adopted by the top 5 players, and key market share acquisition strategies adopted in the market.
(Customization Possible as per your need)
$750 Connect with our Sales Representative by Email or Filling Form on the side
Excel Data Pack
(Excel Report)
This report includes market Segmental, Regional, and Country level market estimation & forecast to 2033 in Excel format.
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$2,499 Connect with our Sales Representative by Email or Filling Form on the side

 

Research Methodology

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