Industry: Food & Beverages
Published Date: 2024-01-31
Pages: 106 Pages
Report ld: 2373516
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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 Infant Food market was valued at US$ 37160 million in 2023 and is anticipated to reach US$ 48710 million by 2030, witnessing 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.
This report aims to provide a comprehensive presentation of the global market for Infant Food, 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.
MARKET SEGMENTATION
REPORT SCOPE
The Infant Food market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) 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 Infant Food 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 Infant Food 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.
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 Infant Food manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Infant Food 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.
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.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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TABLE OF CONTENTS
1 Infant Food Market Overview
1.1 Product Overview and Scope of Infant Food
1.2 Infant Food Segment by Type
1.2.1 Global Infant Food Market Value Comparison by Type (2024-2030)
1.2.2 Milk Formula
1.2.3 Infant Complementary Foods
1.3 Infant Food Segment by Application
1.3.1 Global Infant Food Market Value by Application: (2024-2030)
1.3.2 Less than 6 Months Baby (First Class)
1.3.3 6-12 months Baby (Second Class)
1.3.4 12-36 months Baby (Third Class)
1.3.5 Other
1.4 Global Infant Food Market Size Estimates and Forecasts
1.4.1 Global Infant Food Revenue 2019-2030
1.4.2 Global Infant Food Sales 2019-2030
1.4.3 Global Infant Food Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Infant Food Market Competition by Manufacturers
2.1 Global Infant Food Sales Market Share by Manufacturers (2019-2024)
2.2 Global Infant Food Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Infant Food Average Price by Manufacturers (2019-2024)
2.4 Global Infant Food Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Infant Food, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Infant Food, Product Type & Application
2.7 Infant Food Market Competitive Situation and Trends
2.7.1 Infant Food Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Infant Food Players Market Share by Revenue
2.7.3 Global Infant Food Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Infant Food Retrospective Market Scenario by Region
3.1 Global Infant Food Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Infant Food Global Infant Food Sales by Region: 2019-2030
3.2.1 Global Infant Food Sales by Region: 2019-2024
3.2.2 Global Infant Food Sales by Region: 2025-2030
3.3 Global Infant Food Global Infant Food Revenue by Region: 2019-2030
3.3.1 Global Infant Food Revenue by Region: 2019-2024
3.3.2 Global Infant Food Revenue by Region: 2025-2030
3.4 North America Infant Food Market Facts & Figures by Country
3.4.1 North America Infant Food Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Infant Food Sales by Country (2019-2030)
3.4.3 North America Infant Food Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Infant Food Market Facts & Figures by Country
3.5.1 Europe Infant Food Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Infant Food Sales by Country (2019-2030)
3.5.3 Europe Infant Food 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 Infant Food Market Facts & Figures by Country
3.6.1 Asia Pacific Infant Food Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Infant Food Sales by Country (2019-2030)
3.6.3 Asia Pacific Infant Food 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 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Infant Food Market Facts & Figures by Country
3.7.1 Latin America Infant Food Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Infant Food Sales by Country (2019-2030)
3.7.3 Latin America Infant Food Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Infant Food Market Facts & Figures by Country
3.8.1 Middle East and Africa Infant Food Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Infant Food Sales by Country (2019-2030)
3.8.3 Middle East and Africa Infant Food 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 Infant Food Sales by Type (2019-2030)
4.1.1 Global Infant Food Sales by Type (2019-2024)
4.1.2 Global Infant Food Sales by Type (2025-2030)
4.1.3 Global Infant Food Sales Market Share by Type (2019-2030)
4.2 Global Infant Food Revenue by Type (2019-2030)
4.2.1 Global Infant Food Revenue by Type (2019-2024)
4.2.2 Global Infant Food Revenue by Type (2025-2030)
4.2.3 Global Infant Food Revenue Market Share by Type (2019-2030)
4.3 Global Infant Food Price by Type (2019-2030)
5 Segment by Application
5.1 Global Infant Food Sales by Application (2019-2030)
5.1.1 Global Infant Food Sales by Application (2019-2024)
5.1.2 Global Infant Food Sales by Application (2025-2030)
5.1.3 Global Infant Food Sales Market Share by Application (2019-2030)
5.2 Global Infant Food Revenue by Application (2019-2030)
5.2.1 Global Infant Food Revenue by Application (2019-2024)
5.2.2 Global Infant Food Revenue by Application (2025-2030)
5.2.3 Global Infant Food Revenue Market Share by Application (2019-2030)
5.3 Global Infant Food Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott Nutrition
6.1.1 Abbott Nutrition Corporation Information
6.1.2 Abbott Nutrition Description and Business Overview
6.1.3 Abbott Nutrition Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Nutrition Infant Food Product Portfolio
6.1.5 Abbott Nutrition Recent Developments/Updates
6.2 Danone
6.2.1 Danone Corporation Information
6.2.2 Danone Description and Business Overview
6.2.3 Danone Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Danone Infant Food Product Portfolio
6.2.5 Danone Recent Developments/Updates
6.3 Nestle
6.3.1 Nestle Corporation Information
6.3.2 Nestle Description and Business Overview
6.3.3 Nestle Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Nestle Infant Food Product Portfolio
6.3.5 Nestle Recent Developments/Updates
6.4 Hero
6.4.1 Hero Corporation Information
6.4.2 Hero Description and Business Overview
6.4.3 Hero Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Hero Infant Food Product Portfolio
6.4.5 Hero Recent Developments/Updates
6.5 HiPP
6.5.1 HiPP Corporation Information
6.5.2 HiPP Description and Business Overview
6.5.3 HiPP Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.5.4 HiPP Infant Food Product Portfolio
6.5.5 HiPP Recent Developments/Updates
6.6 Baby Gourmet
6.6.1 Baby Gourmet Corporation Information
6.6.2 Baby Gourmet Description and Business Overview
6.6.3 Baby Gourmet Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Baby Gourmet Infant Food Product Portfolio
6.6.5 Baby Gourmet Recent Developments/Updates
6.7 Amara
6.6.1 Amara Corporation Information
6.6.2 Amara Description and Business Overview
6.6.3 Amara Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Amara Infant Food Product Portfolio
6.7.5 Amara Recent Developments/Updates
6.8 Olli Organic
6.8.1 Olli Organic Corporation Information
6.8.2 Olli Organic Description and Business Overview
6.8.3 Olli Organic Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Olli Organic Infant Food Product Portfolio
6.8.5 Olli Organic Recent Developments/Updates
6.9 Initiative Foods
6.9.1 Initiative Foods Corporation Information
6.9.2 Initiative Foods Description and Business Overview
6.9.3 Initiative Foods Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Initiative Foods Infant Food Product Portfolio
6.9.5 Initiative Foods Recent Developments/Updates
6.10 Saipro Biotech
6.10.1 Saipro Biotech Corporation Information
6.10.2 Saipro Biotech Description and Business Overview
6.10.3 Saipro Biotech Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Saipro Biotech Infant Food Product Portfolio
6.10.5 Saipro Biotech Recent Developments/Updates
6.11 Cow and Gate
6.11.1 Cow and Gate Corporation Information
6.11.2 Cow and Gate Infant Food Description and Business Overview
6.11.3 Cow and Gate Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Cow and Gate Infant Food Product Portfolio
6.11.5 Cow and Gate Recent Developments/Updates
6.12 Ella's Kitchen
6.12.1 Ella's Kitchen Corporation Information
6.12.2 Ella's Kitchen Infant Food Description and Business Overview
6.12.3 Ella's Kitchen Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Ella's Kitchen Infant Food Product Portfolio
6.12.5 Ella's Kitchen Recent Developments/Updates
6.13 Heinz
6.13.1 Heinz Corporation Information
6.13.2 Heinz Infant Food Description and Business Overview
6.13.3 Heinz Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Heinz Infant Food Product Portfolio
6.13.5 Heinz Recent Developments/Updates
6.14 Friso
6.14.1 Friso Corporation Information
6.14.2 Friso Infant Food Description and Business Overview
6.14.3 Friso Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Friso Infant Food Product Portfolio
6.14.5 Friso Recent Developments/Updates
6.15 Yili
6.15.1 Yili Corporation Information
6.15.2 Yili Infant Food Description and Business Overview
6.15.3 Yili Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Yili Infant Food Product Portfolio
6.15.5 Yili Recent Developments/Updates
6.16 Arla
6.16.1 Arla Corporation Information
6.16.2 Arla Infant Food Description and Business Overview
6.16.3 Arla Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Arla Infant Food Product Portfolio
6.16.5 Arla Recent Developments/Updates
6.17 Mead Johnson
6.17.1 Mead Johnson Corporation Information
6.17.2 Mead Johnson Infant Food Description and Business Overview
6.17.3 Mead Johnson Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Mead Johnson Infant Food Product Portfolio
6.17.5 Mead Johnson Recent Developments/Updates
6.18 Biostime
6.18.1 Biostime Corporation Information
6.18.2 Biostime Infant Food Description and Business Overview
6.18.3 Biostime Infant Food Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Biostime Infant Food Product Portfolio
6.18.5 Biostime Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Infant Food Industry Chain Analysis
7.2 Infant Food Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Infant Food Production Mode & Process
7.4 Infant Food Sales and Marketing
7.4.1 Infant Food Sales Channels
7.4.2 Infant Food Distributors
7.5 Infant Food Customers
8 Infant Food Market Dynamics
8.1 Infant Food Industry Trends
8.2 Infant Food Market Drivers
8.3 Infant Food Market Challenges
8.4 Infant Food 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
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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