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Global Baby Formula Market Research Report 2025
Synopsis
Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
The global Baby Formula market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
This report aims to provide a comprehensive presentation of the global market for Baby Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Formula.
Report Scope
The Baby Formula market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Formula market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Segment by Type
Cow Milk Infant Formula
Goat Milk Infant Formula
Segment by Application
Maternal Stores
Supermarkets/Hypermarkets
Consumption 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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
The global Baby Formula market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
This report aims to provide a comprehensive presentation of the global market for Baby Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Formula.
Report Scope
The Baby Formula market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Formula market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Formula manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Segment by Type
Cow Milk Infant Formula
Goat Milk Infant Formula
Segment by Application
Maternal Stores
Supermarkets/Hypermarkets
Consumption 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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Baby Formula Market Overview
1.1 Product Overview and Scope of Baby Formula
1.2 Baby Formula Segment by Type
1.2.1 Global Baby Formula Market Value Comparison by Type (2024-2030)
1.2.2 Cow Milk Infant Formula
1.2.3 Goat Milk Infant Formula
1.3 Baby Formula Segment by Application
1.3.1 Global Baby Formula Market Value by Application: (2024-2030)
1.3.2 Maternal Stores
1.3.3 Supermarkets/Hypermarkets
1.4 Global Baby Formula Market Size Estimates and Forecasts
1.4.1 Global Baby Formula Revenue 2019-2030
1.4.2 Global Baby Formula Sales 2019-2030
1.4.3 Global Baby Formula Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Baby Formula Market Competition by Manufacturers
2.1 Global Baby Formula Sales Market Share by Manufacturers (2019-2024)
2.2 Global Baby Formula Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Baby Formula Average Price by Manufacturers (2019-2024)
2.4 Global Baby Formula Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Baby Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Baby Formula, Product Type & Application
2.7 Baby Formula Market Competitive Situation and Trends
2.7.1 Baby Formula Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Baby Formula Players Market Share by Revenue
2.7.3 Global Baby Formula Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Baby Formula Retrospective Market Scenario by Region
3.1 Global Baby Formula Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Baby Formula Global Baby Formula Sales by Region: 2019-2030
3.2.1 Global Baby Formula Sales by Region: 2019-2024
3.2.2 Global Baby Formula Sales by Region: 2025-2030
3.3 Global Baby Formula Global Baby Formula Revenue by Region: 2019-2030
3.3.1 Global Baby Formula Revenue by Region: 2019-2024
3.3.2 Global Baby Formula Revenue by Region: 2025-2030
3.4 North America Baby Formula Market Facts & Figures by Country
3.4.1 North America Baby Formula Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Baby Formula Sales by Country (2019-2030)
3.4.3 North America Baby Formula Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Baby Formula Market Facts & Figures by Country
3.5.1 Europe Baby Formula Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Baby Formula Sales by Country (2019-2030)
3.5.3 Europe Baby Formula Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Baby Formula Market Facts & Figures by Country
3.6.1 Asia Pacific Baby Formula Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Baby Formula Sales by Country (2019-2030)
3.6.3 Asia Pacific Baby Formula Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Baby Formula Market Facts & Figures by Country
3.7.1 Latin America Baby Formula Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Baby Formula Sales by Country (2019-2030)
3.7.3 Latin America Baby Formula Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Baby Formula Market Facts & Figures by Country
3.8.1 Middle East and Africa Baby Formula Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Baby Formula Sales by Country (2019-2030)
3.8.3 Middle East and Africa Baby Formula Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Baby Formula Sales by Type (2019-2030)
4.1.1 Global Baby Formula Sales by Type (2019-2024)
4.1.2 Global Baby Formula Sales by Type (2025-2030)
4.1.3 Global Baby Formula Sales Market Share by Type (2019-2030)
4.2 Global Baby Formula Revenue by Type (2019-2030)
4.2.1 Global Baby Formula Revenue by Type (2019-2024)
4.2.2 Global Baby Formula Revenue by Type (2025-2030)
4.2.3 Global Baby Formula Revenue Market Share by Type (2019-2030)
4.3 Global Baby Formula Price by Type (2019-2030)
5 Segment by Application
5.1 Global Baby Formula Sales by Application (2019-2030)
5.1.1 Global Baby Formula Sales by Application (2019-2024)
5.1.2 Global Baby Formula Sales by Application (2025-2030)
5.1.3 Global Baby Formula Sales Market Share by Application (2019-2030)
5.2 Global Baby Formula Revenue by Application (2019-2030)
5.2.1 Global Baby Formula Revenue by Application (2019-2024)
5.2.2 Global Baby Formula Revenue by Application (2025-2030)
5.2.3 Global Baby Formula Revenue Market Share by Application (2019-2030)
5.3 Global Baby Formula Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Yili
6.1.1 Yili Corporation Information
6.1.2 Yili Description and Business Overview
6.1.3 Yili Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Yili Baby Formula Product Portfolio
6.1.5 Yili Recent Developments/Updates
6.2 Biostime
6.2.1 Biostime Corporation Information
6.2.2 Biostime Description and Business Overview
6.2.3 Biostime Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Biostime Baby Formula Product Portfolio
6.2.5 Biostime Recent Developments/Updates
6.3 Yashili
6.3.1 Yashili Corporation Information
6.3.2 Yashili Description and Business Overview
6.3.3 Yashili Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Yashili Baby Formula Product Portfolio
6.3.5 Yashili Recent Developments/Updates
6.4 Feihe
6.4.1 Feihe Corporation Information
6.4.2 Feihe Description and Business Overview
6.4.3 Feihe Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Feihe Baby Formula Product Portfolio
6.4.5 Feihe Recent Developments/Updates
6.5 Brightdairy
6.5.1 Brightdairy Corporation Information
6.5.2 Brightdairy Description and Business Overview
6.5.3 Brightdairy Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Brightdairy Baby Formula Product Portfolio
6.5.5 Brightdairy Recent Developments/Updates
6.6 Beingmate
6.6.1 Beingmate Corporation Information
6.6.2 Beingmate Description and Business Overview
6.6.3 Beingmate Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Beingmate Baby Formula Product Portfolio
6.6.5 Beingmate Recent Developments/Updates
6.7 Wonderson
6.6.1 Wonderson Corporation Information
6.6.2 Wonderson Description and Business Overview
6.6.3 Wonderson Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Wonderson Baby Formula Product Portfolio
6.7.5 Wonderson Recent Developments/Updates
6.8 Synutra
6.8.1 Synutra Corporation Information
6.8.2 Synutra Description and Business Overview
6.8.3 Synutra Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Synutra Baby Formula Product Portfolio
6.8.5 Synutra Recent Developments/Updates
6.9 Wissun
6.9.1 Wissun Corporation Information
6.9.2 Wissun Description and Business Overview
6.9.3 Wissun Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Wissun Baby Formula Product Portfolio
6.9.5 Wissun Recent Developments/Updates
6.10 Wyeth
6.10.1 Wyeth Corporation Information
6.10.2 Wyeth Description and Business Overview
6.10.3 Wyeth Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Wyeth Baby Formula Product Portfolio
6.10.5 Wyeth Recent Developments/Updates
6.11 Junlebao
6.11.1 Junlebao Corporation Information
6.11.2 Junlebao Baby Formula Description and Business Overview
6.11.3 Junlebao Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Junlebao Baby Formula Product Portfolio
6.11.5 Junlebao Recent Developments/Updates
6.12 Danone
6.12.1 Danone Corporation Information
6.12.2 Danone Baby Formula Description and Business Overview
6.12.3 Danone Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Danone Baby Formula Product Portfolio
6.12.5 Danone Recent Developments/Updates
6.13 Mead Johnson & Company
6.13.1 Mead Johnson & Company Corporation Information
6.13.2 Mead Johnson & Company Baby Formula Description and Business Overview
6.13.3 Mead Johnson & Company Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Mead Johnson & Company Baby Formula Product Portfolio
6.13.5 Mead Johnson & Company Recent Developments/Updates
6.14 Abbott
6.14.1 Abbott Corporation Information
6.14.2 Abbott Baby Formula Description and Business Overview
6.14.3 Abbott Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Abbott Baby Formula Product Portfolio
6.14.5 Abbott Recent Developments/Updates
6.15 Friso
6.15.1 Friso Corporation Information
6.15.2 Friso Baby Formula Description and Business Overview
6.15.3 Friso Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Friso Baby Formula Product Portfolio
6.15.5 Friso Recent Developments/Updates
6.16 Ausnutria
6.16.1 Ausnutria Corporation Information
6.16.2 Ausnutria Baby Formula Description and Business Overview
6.16.3 Ausnutria Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Ausnutria Baby Formula Product Portfolio
6.16.5 Ausnutria Recent Developments/Updates
6.17 Nanshan
6.17.1 Nanshan Corporation Information
6.17.2 Nanshan Baby Formula Description and Business Overview
6.17.3 Nanshan Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Nanshan Baby Formula Product Portfolio
6.17.5 Nanshan Recent Developments/Updates
6.18 Hongxingmeiling
6.18.1 Hongxingmeiling Corporation Information
6.18.2 Hongxingmeiling Baby Formula Description and Business Overview
6.18.3 Hongxingmeiling Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Hongxingmeiling Baby Formula Product Portfolio
6.18.5 Hongxingmeiling Recent Developments/Updates
6.19 Sanyuan
6.19.1 Sanyuan Corporation Information
6.19.2 Sanyuan Baby Formula Description and Business Overview
6.19.3 Sanyuan Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Sanyuan Baby Formula Product Portfolio
6.19.5 Sanyuan Recent Developments/Updates
6.20 Babybio
6.20.1 Babybio Corporation Information
6.20.2 Babybio Baby Formula Description and Business Overview
6.20.3 Babybio Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Babybio Baby Formula Product Portfolio
6.20.5 Babybio Recent Developments/Updates
6.21 Yatai
6.21.1 Yatai Corporation Information
6.21.2 Yatai Baby Formula Description and Business Overview
6.21.3 Yatai Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Yatai Baby Formula Product Portfolio
6.21.5 Yatai Recent Developments/Updates
6.22 Fineboon
6.22.1 Fineboon Corporation Information
6.22.2 Fineboon Baby Formula Description and Business Overview
6.22.3 Fineboon Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Fineboon Baby Formula Product Portfolio
6.22.5 Fineboon Recent Developments/Updates
6.23 YeePer
6.23.1 YeePer Corporation Information
6.23.2 YeePer Baby Formula Description and Business Overview
6.23.3 YeePer Baby Formula Sales, Revenue and Gross Margin (2019-2024)
6.23.4 YeePer Baby Formula Product Portfolio
6.23.5 YeePer Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Baby Formula Industry Chain Analysis
7.2 Baby Formula Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Baby Formula Production Mode & Process
7.4 Baby Formula Sales and Marketing
7.4.1 Baby Formula Sales Channels
7.4.2 Baby Formula Distributors
7.5 Baby Formula Customers
8 Baby Formula Market Dynamics
8.1 Baby Formula Industry Trends
8.2 Baby Formula Market Drivers
8.3 Baby Formula Market Challenges
8.4 Baby Formula Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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