Industry: Food & Beverages
Published Date: 2024-01-24
Pages: 167 Pages
Report ld: 2341313
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Milk Infant Formula is usually made from cows' milk that has been treated to make it more suitable for babies.
The global market for Milk Infant Formula was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % 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 Milk Infant Formula, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Milk Infant Formula by region & country, by Type, and by Application.
The Milk Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (MT) 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 Milk Infant Formula.
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 Milk Infant Formula 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 Milk Infant Formula 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 Milk Infant Formula 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.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Milk Infant Formula Product Introduction
1.2 Global Milk Infant Formula Market Size Forecast
1.2.1 Global Milk Infant Formula Sales Value (2019-2030)
1.2.2 Global Milk Infant Formula Sales Volume (2019-2030)
1.2.3 Global Milk Infant Formula Sales Price (2019-2030)
1.3 Milk Infant Formula Market Trends & Drivers
1.3.1 Milk Infant Formula Industry Trends
1.3.2 Milk Infant Formula Market Drivers & Opportunity
1.3.3 Milk Infant Formula Market Challenges
1.3.4 Milk Infant Formula Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Milk Infant Formula Players Revenue Ranking (2023)
2.2 Global Milk Infant Formula Revenue by Company (2019-2024)
2.3 Global Milk Infant Formula Players Sales Volume Ranking (2023)
2.4 Global Milk Infant Formula Sales Volume by Company Players (2019-2024)
2.5 Global Milk Infant Formula Average Price by Company (2019-2024)
2.6 Key Manufacturers Milk Infant Formula Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Milk Infant Formula Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Milk Infant Formula
2.9 Milk Infant Formula Market Competitive Analysis
2.9.1 Milk Infant Formula Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Milk Infant Formula Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Milk Infant Formula as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 SMP
3.1.2 WMP
3.1.3 Whey Powders
3.1.4 Others
3.2 Global Milk Infant Formula Sales Value by Type
3.2.1 Global Milk Infant Formula Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Milk Infant Formula Sales Value, by Type (2019-2030)
3.2.3 Global Milk Infant Formula Sales Value, by Type (%) (2019-2030)
3.3 Global Milk Infant Formula Sales Volume by Type
3.3.1 Global Milk Infant Formula Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Milk Infant Formula Sales Volume, by Type (2019-2030)
3.3.3 Global Milk Infant Formula Sales Volume, by Type (%) (2019-2030)
3.4 Global Milk Infant Formula Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 0~6 Months Baby
4.1.2 6~12 Months Baby
4.1.3 1~3 Years Baby
4.2 Global Milk Infant Formula Sales Value by Application
4.2.1 Global Milk Infant Formula Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Milk Infant Formula Sales Value, by Application (2019-2030)
4.2.3 Global Milk Infant Formula Sales Value, by Application (%) (2019-2030)
4.3 Global Milk Infant Formula Sales Volume by Application
4.3.1 Global Milk Infant Formula Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Milk Infant Formula Sales Volume, by Application (2019-2030)
4.3.3 Global Milk Infant Formula Sales Volume, by Application (%) (2019-2030)
4.4 Global Milk Infant Formula Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Milk Infant Formula Sales Value by Region
5.1.1 Global Milk Infant Formula Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Milk Infant Formula Sales Value by Region (2019-2024)
5.1.3 Global Milk Infant Formula Sales Value by Region (2025-2030)
5.1.4 Global Milk Infant Formula Sales Value by Region (%), (2019-2030)
5.2 Global Milk Infant Formula Sales Volume by Region
5.2.1 Global Milk Infant Formula Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Milk Infant Formula Sales Volume by Region (2019-2024)
5.2.3 Global Milk Infant Formula Sales Volume by Region (2025-2030)
5.2.4 Global Milk Infant Formula Sales Volume by Region (%), (2019-2030)
5.3 Global Milk Infant Formula Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Milk Infant Formula Sales Value, 2019-2030
5.4.2 North America Milk Infant Formula Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Milk Infant Formula Sales Value, 2019-2030
5.5.2 Europe Milk Infant Formula Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Milk Infant Formula Sales Value, 2019-2030
5.6.2 Asia Pacific Milk Infant Formula Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Milk Infant Formula Sales Value, 2019-2030
5.7.2 South America Milk Infant Formula Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Milk Infant Formula Sales Value, 2019-2030
5.8.2 Middle East & Africa Milk Infant Formula Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Milk Infant Formula Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Milk Infant Formula Sales Value
6.2.1 Key Countries/Regions Milk Infant Formula Sales Value, 2019-2030
6.2.2 Key Countries/Regions Milk Infant Formula Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Milk Infant Formula Sales Value, 2019-2030
6.3.2 United States Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Milk Infant Formula Sales Value, 2019-2030
6.4.2 Europe Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Milk Infant Formula Sales Value, 2019-2030
6.5.2 China Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.5.3 China Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Milk Infant Formula Sales Value, 2019-2030
6.6.2 Japan Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Milk Infant Formula Sales Value, 2019-2030
6.7.2 South Korea Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Milk Infant Formula Sales Value, 2019-2030
6.8.2 Southeast Asia Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Milk Infant Formula Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Milk Infant Formula Sales Value, 2019-2030
6.9.2 India Milk Infant Formula Sales Value by Type (%), 2023 VS 2030
6.9.3 India Milk Infant Formula Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Mead Johnson
7.1.1 Mead Johnson Company Information
7.1.2 Mead Johnson Introduction and Business Overview
7.1.3 Mead Johnson Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Mead Johnson Milk Infant Formula Product Offerings
7.1.5 Mead Johnson Recent Development
7.2 Nestle
7.2.1 Nestle Company Information
7.2.2 Nestle Introduction and Business Overview
7.2.3 Nestle Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Nestle Milk Infant Formula Product Offerings
7.2.5 Nestle Recent Development
7.3 Danone
7.3.1 Danone Company Information
7.3.2 Danone Introduction and Business Overview
7.3.3 Danone Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Danone Milk Infant Formula Product Offerings
7.3.5 Danone Recent Development
7.4 Abbott
7.4.1 Abbott Company Information
7.4.2 Abbott Introduction and Business Overview
7.4.3 Abbott Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Abbott Milk Infant Formula Product Offerings
7.4.5 Abbott Recent Development
7.5 FrieslandCampina
7.5.1 FrieslandCampina Company Information
7.5.2 FrieslandCampina Introduction and Business Overview
7.5.3 FrieslandCampina Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.5.4 FrieslandCampina Milk Infant Formula Product Offerings
7.5.5 FrieslandCampina Recent Development
7.6 Heinz
7.6.1 Heinz Company Information
7.6.2 Heinz Introduction and Business Overview
7.6.3 Heinz Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Heinz Milk Infant Formula Product Offerings
7.6.5 Heinz Recent Development
7.7 Bellamy
7.7.1 Bellamy Company Information
7.7.2 Bellamy Introduction and Business Overview
7.7.3 Bellamy Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Bellamy Milk Infant Formula Product Offerings
7.7.5 Bellamy Recent Development
7.8 Topfer
7.8.1 Topfer Company Information
7.8.2 Topfer Introduction and Business Overview
7.8.3 Topfer Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Topfer Milk Infant Formula Product Offerings
7.8.5 Topfer Recent Development
7.9 HiPP
7.9.1 HiPP Company Information
7.9.2 HiPP Introduction and Business Overview
7.9.3 HiPP Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.9.4 HiPP Milk Infant Formula Product Offerings
7.9.5 HiPP Recent Development
7.10 Perrigo
7.10.1 Perrigo Company Information
7.10.2 Perrigo Introduction and Business Overview
7.10.3 Perrigo Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Perrigo Milk Infant Formula Product Offerings
7.10.5 Perrigo Recent Development
7.11 Arla
7.11.1 Arla Company Information
7.11.2 Arla Introduction and Business Overview
7.11.3 Arla Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Arla Milk Infant Formula Product Offerings
7.11.5 Arla Recent Development
7.12 Holle
7.12.1 Holle Company Information
7.12.2 Holle Introduction and Business Overview
7.12.3 Holle Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Holle Milk Infant Formula Product Offerings
7.12.5 Holle Recent Development
7.13 Fonterra
7.13.1 Fonterra Company Information
7.13.2 Fonterra Introduction and Business Overview
7.13.3 Fonterra Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Fonterra Milk Infant Formula Product Offerings
7.13.5 Fonterra Recent Development
7.14 Westland Dairy
7.14.1 Westland Dairy Company Information
7.14.2 Westland Dairy Introduction and Business Overview
7.14.3 Westland Dairy Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Westland Dairy Milk Infant Formula Product Offerings
7.14.5 Westland Dairy Recent Development
7.15 Pinnacle
7.15.1 Pinnacle Company Information
7.15.2 Pinnacle Introduction and Business Overview
7.15.3 Pinnacle Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Pinnacle Milk Infant Formula Product Offerings
7.15.5 Pinnacle Recent Development
7.16 Meiji
7.16.1 Meiji Company Information
7.16.2 Meiji Introduction and Business Overview
7.16.3 Meiji Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Meiji Milk Infant Formula Product Offerings
7.16.5 Meiji Recent Development
7.17 Yili
7.17.1 Yili Company Information
7.17.2 Yili Introduction and Business Overview
7.17.3 Yili Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Yili Milk Infant Formula Product Offerings
7.17.5 Yili Recent Development
7.18 Biostime
7.18.1 Biostime Company Information
7.18.2 Biostime Introduction and Business Overview
7.18.3 Biostime Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Biostime Milk Infant Formula Product Offerings
7.18.5 Biostime Recent Development
7.19 Yashili
7.19.1 Yashili Company Information
7.19.2 Yashili Introduction and Business Overview
7.19.3 Yashili Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Yashili Milk Infant Formula Product Offerings
7.19.5 Yashili Recent Development
7.20 Feihe
7.20.1 Feihe Company Information
7.20.2 Feihe Introduction and Business Overview
7.20.3 Feihe Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.20.4 Feihe Milk Infant Formula Product Offerings
7.20.5 Feihe Recent Development
7.21 Brightdairy
7.21.1 Brightdairy Company Information
7.21.2 Brightdairy Introduction and Business Overview
7.21.3 Brightdairy Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.21.4 Brightdairy Milk Infant Formula Product Offerings
7.21.5 Brightdairy Recent Development
7.22 Beingmate
7.22.1 Beingmate Company Information
7.22.2 Beingmate Introduction and Business Overview
7.22.3 Beingmate Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.22.4 Beingmate Milk Infant Formula Product Offerings
7.22.5 Beingmate Recent Development
7.23 Wonderson
7.23.1 Wonderson Company Information
7.23.2 Wonderson Introduction and Business Overview
7.23.3 Wonderson Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.23.4 Wonderson Milk Infant Formula Product Offerings
7.23.5 Wonderson Recent Development
7.24 Synutra
7.24.1 Synutra Company Information
7.24.2 Synutra Introduction and Business Overview
7.24.3 Synutra Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.24.4 Synutra Milk Infant Formula Product Offerings
7.24.5 Synutra Recent Development
7.25 Wissun
7.25.1 Wissun Company Information
7.25.2 Wissun Introduction and Business Overview
7.25.3 Wissun Milk Infant Formula Sales, Revenue and Gross Margin (2019-2024)
7.25.4 Wissun Milk Infant Formula Product Offerings
7.25.5 Wissun Recent Development
8 Industry Chain Analysis
8.1 Milk Infant Formula Industrial Chain
8.2 Milk Infant Formula 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 Milk Infant Formula Sales Model
8.5.2 Sales Channel
8.5.3 Milk Infant Formula 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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