Industry: Food & Beverages
Published Date: 2025-02-27
Pages: 78 Pages
Report ld: 4334278
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The global market for Soy-based Infant Formula was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Soy-based infant formula is a substitute for human breast milk.
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.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Soy-based Infant 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 Soy-based Infant Formula.
The Soy-based Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Soy-based Infant 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 Soy-based Infant 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.
By Company
Baby's Only
Earth's Best
Karicare
Wakodo
Wyeth
Bimbosan
Abbott
Nestle
Sanyuan
Segment by Type
Low Fat Soy-based Infant Formula
Whole-fat Soy-based Infant Formula
Segment by Application
0-6 Months Baby
6-12 Months Baby
12-36 Months Baby
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 Soy-based Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Soy-based Infant 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.
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.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Soy-based Infant Formula Market Overview
1.1 Product Definition
1.2 Soy-based Infant Formula by Type
1.2.1 Global Soy-based Infant Formula Market Value Comparison by Type (2024 VS 2031)
1.2.2 Low Fat Soy-based Infant Formula
1.2.3 Whole-fat Soy-based Infant Formula
1.3 Soy-based Infant Formula by Application
1.3.1 Global Soy-based Infant Formula Market Value by Application (2024 VS 2031)
1.3.2 0-6 Months Baby
1.3.3 6-12 Months Baby
1.3.4 12-36 Months Baby
1.4 Global Soy-based Infant Formula Market Size Estimates and Forecasts
1.4.1 Global Soy-based Infant Formula Revenue 2020-2031
1.4.2 Global Soy-based Infant Formula Sales 2020-2031
1.4.3 Global Soy-based Infant Formula Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Soy-based Infant Formula Market Competition by Manufacturers
2.1 Global Soy-based Infant Formula Sales Market Share by Manufacturers (2020-2025)
2.2 Global Soy-based Infant Formula Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Soy-based Infant Formula Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Soy-based Infant Formula, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Soy-based Infant Formula, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Soy-based Infant Formula, Product Type & Application
2.7 Global Key Manufacturers of Soy-based Infant Formula, Date of Enter into This Industry
2.8 Global Soy-based Infant Formula Market Competitive Situation and Trends
2.8.1 Global Soy-based Infant Formula Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Soy-based Infant Formula Players Market Share by Revenue
2.8.3 Global Soy-based Infant Formula Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Soy-based Infant Formula Market Scenario by Region
3.1 Global Soy-based Infant Formula Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Soy-based Infant Formula Sales by Region: 2020-2031
3.2.1 Global Soy-based Infant Formula Sales by Region: 2020-2025
3.2.2 Global Soy-based Infant Formula Sales by Region: 2026-2031
3.3 Global Soy-based Infant Formula Revenue by Region: 2020-2031
3.3.1 Global Soy-based Infant Formula Revenue by Region: 2020-2025
3.3.2 Global Soy-based Infant Formula Revenue by Region: 2026-2031
3.4 North America Soy-based Infant Formula Market Facts & Figures by Country
3.4.1 North America Soy-based Infant Formula Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Soy-based Infant Formula Sales by Country (2020-2031)
3.4.3 North America Soy-based Infant Formula Revenue by Country (2020-2031)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Soy-based Infant Formula Market Facts & Figures by Country
3.5.1 Europe Soy-based Infant Formula Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Soy-based Infant Formula Sales by Country (2020-2031)
3.5.3 Europe Soy-based Infant Formula Revenue by Country (2020-2031)
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 Soy-based Infant Formula Market Facts & Figures by Region
3.6.1 Asia Pacific Soy-based Infant Formula Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Soy-based Infant Formula Sales by Region (2020-2031)
3.6.3 Asia Pacific Soy-based Infant Formula Revenue by Region (2020-2031)
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 Soy-based Infant Formula Market Facts & Figures by Country
3.7.1 Latin America Soy-based Infant Formula Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Soy-based Infant Formula Sales by Country (2020-2031)
3.7.3 Latin America Soy-based Infant Formula Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Soy-based Infant Formula Market Facts & Figures by Country
3.8.1 Middle East and Africa Soy-based Infant Formula Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Soy-based Infant Formula Sales by Country (2020-2031)
3.8.3 Middle East and Africa Soy-based Infant Formula Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Soy-based Infant Formula Sales by Type (2020-2031)
4.1.1 Global Soy-based Infant Formula Sales by Type (2020-2025)
4.1.2 Global Soy-based Infant Formula Sales by Type (2026-2031)
4.1.3 Global Soy-based Infant Formula Sales Market Share by Type (2020-2031)
4.2 Global Soy-based Infant Formula Revenue by Type (2020-2031)
4.2.1 Global Soy-based Infant Formula Revenue by Type (2020-2025)
4.2.2 Global Soy-based Infant Formula Revenue by Type (2026-2031)
4.2.3 Global Soy-based Infant Formula Revenue Market Share by Type (2020-2031)
4.3 Global Soy-based Infant Formula Price by Type (2020-2031)
5 Segment by Application
5.1 Global Soy-based Infant Formula Sales by Application (2020-2031)
5.1.1 Global Soy-based Infant Formula Sales by Application (2020-2025)
5.1.2 Global Soy-based Infant Formula Sales by Application (2026-2031)
5.1.3 Global Soy-based Infant Formula Sales Market Share by Application (2020-2031)
5.2 Global Soy-based Infant Formula Revenue by Application (2020-2031)
5.2.1 Global Soy-based Infant Formula Revenue by Application (2020-2025)
5.2.2 Global Soy-based Infant Formula Revenue by Application (2026-2031)
5.2.3 Global Soy-based Infant Formula Revenue Market Share by Application (2020-2031)
5.3 Global Soy-based Infant Formula Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Baby's Only
6.1.1 Baby's Only Company Information
6.1.2 Baby's Only Description and Business Overview
6.1.3 Baby's Only Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Baby's Only Soy-based Infant Formula Product Portfolio
6.1.5 Baby's Only Recent Developments/Updates
6.2 Earth's Best
6.2.1 Earth's Best Company Information
6.2.2 Earth's Best Description and Business Overview
6.2.3 Earth's Best Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Earth's Best Soy-based Infant Formula Product Portfolio
6.2.5 Earth's Best Recent Developments/Updates
6.3 Karicare
6.3.1 Karicare Company Information
6.3.2 Karicare Description and Business Overview
6.3.3 Karicare Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Karicare Soy-based Infant Formula Product Portfolio
6.3.5 Karicare Recent Developments/Updates
6.4 Wakodo
6.4.1 Wakodo Company Information
6.4.2 Wakodo Description and Business Overview
6.4.3 Wakodo Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Wakodo Soy-based Infant Formula Product Portfolio
6.4.5 Wakodo Recent Developments/Updates
6.5 Wyeth
6.5.1 Wyeth Company Information
6.5.2 Wyeth Description and Business Overview
6.5.3 Wyeth Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Wyeth Soy-based Infant Formula Product Portfolio
6.5.5 Wyeth Recent Developments/Updates
6.6 Bimbosan
6.6.1 Bimbosan Company Information
6.6.2 Bimbosan Description and Business Overview
6.6.3 Bimbosan Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Bimbosan Soy-based Infant Formula Product Portfolio
6.6.5 Bimbosan Recent Developments/Updates
6.7 Abbott
6.7.1 Abbott Company Information
6.7.2 Abbott Description and Business Overview
6.7.3 Abbott Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Abbott Soy-based Infant Formula Product Portfolio
6.7.5 Abbott Recent Developments/Updates
6.8 Nestle
6.8.1 Nestle Company Information
6.8.2 Nestle Description and Business Overview
6.8.3 Nestle Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Nestle Soy-based Infant Formula Product Portfolio
6.8.5 Nestle Recent Developments/Updates
6.9 Sanyuan
6.9.1 Sanyuan Company Information
6.9.2 Sanyuan Description and Business Overview
6.9.3 Sanyuan Soy-based Infant Formula Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Sanyuan Soy-based Infant Formula Product Portfolio
6.9.5 Sanyuan Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Soy-based Infant Formula Industry Chain Analysis
7.2 Soy-based Infant Formula Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Soy-based Infant Formula Production Mode & Process Analysis
7.4 Soy-based Infant Formula Sales and Marketing
7.4.1 Soy-based Infant Formula Sales Channels
7.4.2 Soy-based Infant Formula Distributors
7.5 Soy-based Infant Formula Customer Analysis
8 Soy-based Infant Formula Market Dynamics
8.1 Soy-based Infant Formula Industry Trends
8.2 Soy-based Infant Formula Market Drivers
8.3 Soy-based Infant Formula Market Challenges
8.4 Soy-based Infant Formula Market Restraints
9 Research Findings 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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QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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