Industry: Food & Beverages
Published Date: 2025-02-27
Pages: 100 Pages
Report ld: 4334902
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The global market for Soy-based Infant Formula was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
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.
This report aims to provide a comprehensive presentation of the global market for Soy-based Infant Formula, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Soy-based Infant Formula by region & country, by Type, and by Application.
The Soy-based Infant Formula market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, 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 Soy-based 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 Soy-based 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 Soy-based 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.
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 Market Overview
1.1 Soy-based Infant Formula Product Introduction
1.2 Global Soy-based Infant Formula Market Size Forecast
1.2.1 Global Soy-based Infant Formula Sales Value (2020-2031)
1.2.2 Global Soy-based Infant Formula Sales Volume (2020-2031)
1.2.3 Global Soy-based Infant Formula Sales Price (2020-2031)
1.3 Soy-based Infant Formula Market Trends & Drivers
1.3.1 Soy-based Infant Formula Industry Trends
1.3.2 Soy-based Infant Formula Market Drivers & Opportunity
1.3.3 Soy-based Infant Formula Market Challenges
1.3.4 Soy-based 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 Soy-based Infant Formula Players Revenue Ranking (2024)
2.2 Global Soy-based Infant Formula Revenue by Company (2020-2025)
2.3 Global Soy-based Infant Formula Players Sales Volume Ranking (2024)
2.4 Global Soy-based Infant Formula Sales Volume by Company Players (2020-2025)
2.5 Global Soy-based Infant Formula Average Price by Company (2020-2025)
2.6 Key Manufacturers Soy-based Infant Formula Manufacturing Base and Headquarters
2.7 Key Manufacturers Soy-based Infant Formula Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Soy-based Infant Formula
2.9 Soy-based Infant Formula Market Competitive Analysis
2.9.1 Soy-based Infant Formula Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Soy-based Infant Formula Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Soy-based Infant Formula as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Low Fat Soy-based Infant Formula
3.1.2 Whole-fat Soy-based Infant Formula
3.2 Global Soy-based Infant Formula Sales Value by Type
3.2.1 Global Soy-based Infant Formula Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Soy-based Infant Formula Sales Value, by Type (2020-2031)
3.2.3 Global Soy-based Infant Formula Sales Value, by Type (%) (2020-2031)
3.3 Global Soy-based Infant Formula Sales Volume by Type
3.3.1 Global Soy-based Infant Formula Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Soy-based Infant Formula Sales Volume, by Type (2020-2031)
3.3.3 Global Soy-based Infant Formula Sales Volume, by Type (%) (2020-2031)
3.4 Global Soy-based Infant Formula Average Price by Type (2020-2031)
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 12-36 Months Baby
4.2 Global Soy-based Infant Formula Sales Value by Application
4.2.1 Global Soy-based Infant Formula Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Soy-based Infant Formula Sales Value, by Application (2020-2031)
4.2.3 Global Soy-based Infant Formula Sales Value, by Application (%) (2020-2031)
4.3 Global Soy-based Infant Formula Sales Volume by Application
4.3.1 Global Soy-based Infant Formula Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Soy-based Infant Formula Sales Volume, by Application (2020-2031)
4.3.3 Global Soy-based Infant Formula Sales Volume, by Application (%) (2020-2031)
4.4 Global Soy-based Infant Formula Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Soy-based Infant Formula Sales Value by Region
5.1.1 Global Soy-based Infant Formula Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Soy-based Infant Formula Sales Value by Region (2020-2025)
5.1.3 Global Soy-based Infant Formula Sales Value by Region (2026-2031)
5.1.4 Global Soy-based Infant Formula Sales Value by Region (%), (2020-2031)
5.2 Global Soy-based Infant Formula Sales Volume by Region
5.2.1 Global Soy-based Infant Formula Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Soy-based Infant Formula Sales Volume by Region (2020-2025)
5.2.3 Global Soy-based Infant Formula Sales Volume by Region (2026-2031)
5.2.4 Global Soy-based Infant Formula Sales Volume by Region (%), (2020-2031)
5.3 Global Soy-based Infant Formula Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Soy-based Infant Formula Sales Value, 2020-2031
5.4.2 North America Soy-based Infant Formula Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Soy-based Infant Formula Sales Value, 2020-2031
5.5.2 Europe Soy-based Infant Formula Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Soy-based Infant Formula Sales Value, 2020-2031
5.6.2 Asia Pacific Soy-based Infant Formula Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Soy-based Infant Formula Sales Value, 2020-2031
5.7.2 South America Soy-based Infant Formula Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Soy-based Infant Formula Sales Value, 2020-2031
5.8.2 Middle East & Africa Soy-based Infant Formula Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Soy-based Infant Formula Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Soy-based Infant Formula Sales Value
6.2.1 Key Countries/Regions Soy-based Infant Formula Sales Value, 2020-2031
6.2.2 Key Countries/Regions Soy-based Infant Formula Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Soy-based Infant Formula Sales Value, 2020-2031
6.3.2 United States Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Soy-based Infant Formula Sales Value, 2020-2031
6.4.2 Europe Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Soy-based Infant Formula Sales Value, 2020-2031
6.5.2 China Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.5.3 China Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Soy-based Infant Formula Sales Value, 2020-2031
6.6.2 Japan Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Soy-based Infant Formula Sales Value, 2020-2031
6.7.2 South Korea Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Soy-based Infant Formula Sales Value, 2020-2031
6.8.2 Southeast Asia Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Soy-based Infant Formula Sales Value, 2020-2031
6.9.2 India Soy-based Infant Formula Sales Value by Type (%), 2024 VS 2031
6.9.3 India Soy-based Infant Formula Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Baby's Only
7.1.1 Baby's Only Company Information
7.1.2 Baby's Only Introduction and Business Overview
7.1.3 Baby's Only Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Baby's Only Soy-based Infant Formula Product Offerings
7.1.5 Baby's Only Recent Development
7.2 Earth's Best
7.2.1 Earth's Best Company Information
7.2.2 Earth's Best Introduction and Business Overview
7.2.3 Earth's Best Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Earth's Best Soy-based Infant Formula Product Offerings
7.2.5 Earth's Best Recent Development
7.3 Karicare
7.3.1 Karicare Company Information
7.3.2 Karicare Introduction and Business Overview
7.3.3 Karicare Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Karicare Soy-based Infant Formula Product Offerings
7.3.5 Karicare Recent Development
7.4 Wakodo
7.4.1 Wakodo Company Information
7.4.2 Wakodo Introduction and Business Overview
7.4.3 Wakodo Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Wakodo Soy-based Infant Formula Product Offerings
7.4.5 Wakodo Recent Development
7.5 Wyeth
7.5.1 Wyeth Company Information
7.5.2 Wyeth Introduction and Business Overview
7.5.3 Wyeth Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Wyeth Soy-based Infant Formula Product Offerings
7.5.5 Wyeth Recent Development
7.6 Bimbosan
7.6.1 Bimbosan Company Information
7.6.2 Bimbosan Introduction and Business Overview
7.6.3 Bimbosan Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Bimbosan Soy-based Infant Formula Product Offerings
7.6.5 Bimbosan Recent Development
7.7 Abbott
7.7.1 Abbott Company Information
7.7.2 Abbott Introduction and Business Overview
7.7.3 Abbott Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Abbott Soy-based Infant Formula Product Offerings
7.7.5 Abbott Recent Development
7.8 Nestle
7.8.1 Nestle Company Information
7.8.2 Nestle Introduction and Business Overview
7.8.3 Nestle Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Nestle Soy-based Infant Formula Product Offerings
7.8.5 Nestle Recent Development
7.9 Sanyuan
7.9.1 Sanyuan Company Information
7.9.2 Sanyuan Introduction and Business Overview
7.9.3 Sanyuan Soy-based Infant Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Sanyuan Soy-based Infant Formula Product Offerings
7.9.5 Sanyuan Recent Development
8 Industry Chain Analysis
8.1 Soy-based Infant Formula Industrial Chain
8.2 Soy-based 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 Soy-based Infant Formula Sales Model
8.5.2 Sales Channel
8.5.3 Soy-based Infant Formula Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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