Industry: Food & Beverages
Published Date: 2024-01-16
Pages: 138 Pages
Report ld: 2233756
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Infant Food Market Size(US$)

CAGR 2024-2030
4.2%
Market Size,2030
USD 48,710
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Baby food products help in fulfilling nutritional requirements of babies and help in their physical growth and development. Infant formula products are to meet the nutritional needs of babies by adding various nutrients to milk powder to achieve an effect close to breast milk.
The global market for Infant Food was estimated to be worth US$ 37160 million in 2023 and is forecast to a readjusted size of US$ 48710 million by 2030 with a CAGR of 4.2% during the forecast period 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.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Infant Food, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Infant Food by region & country, by Type, and by Application.
The Infant Food market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Infant Food.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Infant Food manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Infant Food in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Infant Food in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Infant Food Product Introduction
1.2 Global Infant Food Market Size Forecast
1.2.1 Global Infant Food Sales Value (2019-2030)
1.2.2 Global Infant Food Sales Volume (2019-2030)
1.2.3 Global Infant Food Sales Price (2019-2030)
1.3 Infant Food Market Trends & Drivers
1.3.1 Infant Food Industry Trends
1.3.2 Infant Food Market Drivers & Opportunity
1.3.3 Infant Food Market Challenges
1.3.4 Infant Food Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Infant Food Players Revenue Ranking (2023)
2.2 Global Infant Food Revenue by Company (2019-2024)
2.3 Global Infant Food Players Sales Volume Ranking (2023)
2.4 Global Infant Food Sales Volume by Company Players (2019-2024)
2.5 Global Infant Food Average Price by Company (2019-2024)
2.6 Key Manufacturers Infant Food Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Infant Food Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Infant Food
2.9 Infant Food Market Competitive Analysis
2.9.1 Infant Food Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Infant Food Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Infant Food as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Milk Formula
3.1.2 Infant Complementary Foods
3.2 Global Infant Food Sales Value by Type
3.2.1 Global Infant Food Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Infant Food Sales Value, by Type (2019-2030)
3.2.3 Global Infant Food Sales Value, by Type (%) (2019-2030)
3.3 Global Infant Food Sales Volume by Type
3.3.1 Global Infant Food Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Infant Food Sales Volume, by Type (2019-2030)
3.3.3 Global Infant Food Sales Volume, by Type (%) (2019-2030)
3.4 Global Infant Food Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Less than 6 Months Baby (First Class)
4.1.2 6-12 months Baby (Second Class)
4.1.3 12-36 months Baby (Third Class)
4.1.4 Other
4.2 Global Infant Food Sales Value by Application
4.2.1 Global Infant Food Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Infant Food Sales Value, by Application (2019-2030)
4.2.3 Global Infant Food Sales Value, by Application (%) (2019-2030)
4.3 Global Infant Food Sales Volume by Application
4.3.1 Global Infant Food Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Infant Food Sales Volume, by Application (2019-2030)
4.3.3 Global Infant Food Sales Volume, by Application (%) (2019-2030)
4.4 Global Infant Food Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Infant Food Sales Value by Region
5.1.1 Global Infant Food Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Infant Food Sales Value by Region (2019-2024)
5.1.3 Global Infant Food Sales Value by Region (2025-2030)
5.1.4 Global Infant Food Sales Value by Region (%), (2019-2030)
5.2 Global Infant Food Sales Volume by Region
5.2.1 Global Infant Food Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Infant Food Sales Volume by Region (2019-2024)
5.2.3 Global Infant Food Sales Volume by Region (2025-2030)
5.2.4 Global Infant Food Sales Volume by Region (%), (2019-2030)
5.3 Global Infant Food Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Infant Food Sales Value, 2019-2030
5.4.2 North America Infant Food Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Infant Food Sales Value, 2019-2030
5.5.2 Europe Infant Food Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Infant Food Sales Value, 2019-2030
5.6.2 Asia Pacific Infant Food Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Infant Food Sales Value, 2019-2030
5.7.2 South America Infant Food Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Infant Food Sales Value, 2019-2030
5.8.2 Middle East & Africa Infant Food Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Infant Food Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Infant Food Sales Value
6.2.1 Key Countries/Regions Infant Food Sales Value, 2019-2030
6.2.2 Key Countries/Regions Infant Food Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Infant Food Sales Value, 2019-2030
6.3.2 United States Infant Food Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Infant Food Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Infant Food Sales Value, 2019-2030
6.4.2 Europe Infant Food Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Infant Food Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Infant Food Sales Value, 2019-2030
6.5.2 China Infant Food Sales Value by Type (%), 2023 VS 2030
6.5.3 China Infant Food Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Infant Food Sales Value, 2019-2030
6.6.2 Japan Infant Food Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Infant Food Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Infant Food Sales Value, 2019-2030
6.7.2 South Korea Infant Food Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Infant Food Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Infant Food Sales Value, 2019-2030
6.8.2 Southeast Asia Infant Food Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Infant Food Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Infant Food Sales Value, 2019-2030
6.9.2 India Infant Food Sales Value by Type (%), 2023 VS 2030
6.9.3 India Infant Food Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Abbott Nutrition
7.1.1 Abbott Nutrition Company Information
7.1.2 Abbott Nutrition Introduction and Business Overview
7.1.3 Abbott Nutrition Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Abbott Nutrition Infant Food Product Offerings
7.1.5 Abbott Nutrition Recent Development
7.2 Danone
7.2.1 Danone Company Information
7.2.2 Danone Introduction and Business Overview
7.2.3 Danone Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Danone Infant Food Product Offerings
7.2.5 Danone Recent Development
7.3 Nestle
7.3.1 Nestle Company Information
7.3.2 Nestle Introduction and Business Overview
7.3.3 Nestle Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Nestle Infant Food Product Offerings
7.3.5 Nestle Recent Development
7.4 Hero
7.4.1 Hero Company Information
7.4.2 Hero Introduction and Business Overview
7.4.3 Hero Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Hero Infant Food Product Offerings
7.4.5 Hero Recent Development
7.5 HiPP
7.5.1 HiPP Company Information
7.5.2 HiPP Introduction and Business Overview
7.5.3 HiPP Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.5.4 HiPP Infant Food Product Offerings
7.5.5 HiPP Recent Development
7.6 Baby Gourmet
7.6.1 Baby Gourmet Company Information
7.6.2 Baby Gourmet Introduction and Business Overview
7.6.3 Baby Gourmet Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Baby Gourmet Infant Food Product Offerings
7.6.5 Baby Gourmet Recent Development
7.7 Amara
7.7.1 Amara Company Information
7.7.2 Amara Introduction and Business Overview
7.7.3 Amara Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Amara Infant Food Product Offerings
7.7.5 Amara Recent Development
7.8 Olli Organic
7.8.1 Olli Organic Company Information
7.8.2 Olli Organic Introduction and Business Overview
7.8.3 Olli Organic Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Olli Organic Infant Food Product Offerings
7.8.5 Olli Organic Recent Development
7.9 Initiative Foods
7.9.1 Initiative Foods Company Information
7.9.2 Initiative Foods Introduction and Business Overview
7.9.3 Initiative Foods Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Initiative Foods Infant Food Product Offerings
7.9.5 Initiative Foods Recent Development
7.10 Saipro Biotech
7.10.1 Saipro Biotech Company Information
7.10.2 Saipro Biotech Introduction and Business Overview
7.10.3 Saipro Biotech Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Saipro Biotech Infant Food Product Offerings
7.10.5 Saipro Biotech Recent Development
7.11 Cow and Gate
7.11.1 Cow and Gate Company Information
7.11.2 Cow and Gate Introduction and Business Overview
7.11.3 Cow and Gate Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Cow and Gate Infant Food Product Offerings
7.11.5 Cow and Gate Recent Development
7.12 Ella's Kitchen
7.12.1 Ella's Kitchen Company Information
7.12.2 Ella's Kitchen Introduction and Business Overview
7.12.3 Ella's Kitchen Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Ella's Kitchen Infant Food Product Offerings
7.12.5 Ella's Kitchen Recent Development
7.13 Heinz
7.13.1 Heinz Company Information
7.13.2 Heinz Introduction and Business Overview
7.13.3 Heinz Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Heinz Infant Food Product Offerings
7.13.5 Heinz Recent Development
7.14 Friso
7.14.1 Friso Company Information
7.14.2 Friso Introduction and Business Overview
7.14.3 Friso Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Friso Infant Food Product Offerings
7.14.5 Friso Recent Development
7.15 Yili
7.15.1 Yili Company Information
7.15.2 Yili Introduction and Business Overview
7.15.3 Yili Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Yili Infant Food Product Offerings
7.15.5 Yili Recent Development
7.16 Arla
7.16.1 Arla Company Information
7.16.2 Arla Introduction and Business Overview
7.16.3 Arla Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Arla Infant Food Product Offerings
7.16.5 Arla Recent Development
7.17 Mead Johnson
7.17.1 Mead Johnson Company Information
7.17.2 Mead Johnson Introduction and Business Overview
7.17.3 Mead Johnson Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Mead Johnson Infant Food Product Offerings
7.17.5 Mead Johnson Recent Development
7.18 Biostime
7.18.1 Biostime Company Information
7.18.2 Biostime Introduction and Business Overview
7.18.3 Biostime Infant Food Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Biostime Infant Food Product Offerings
7.18.5 Biostime Recent Development
8 Industry Chain Analysis
8.1 Infant Food Industrial Chain
8.2 Infant Food Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Infant Food Sales Model
8.5.2 Sales Channel
8.5.3 Infant Food Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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