Infant Formula Market Size | Industry Trends & Forecast 2025

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Code: MTA10073

Publication Date: Oct 2025

What is the size of Infant Formula Market?

According to 6Wresearch internal database and industry insights, the Global Infant Formula Market was valued at USD 73 billion in 2024 and is expected to reach USD 104 billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).

The primary catalysts for this growth are the increasing knowledge of baby nutrition, the increasing number of working mothers, and the growing number of births, especially in developing countries. Other drivers include urbanisation, disposable income, and growth in the female labour force.

Growth Factors for Infant Formula Industry

Heightened awareness of baby nutrition and the benefits of infant formula
The increase in working mothers is leading to a higher demand for convenient feeding alternatives
Urbanisation and increased disposable income can promote access to infant formula.
Innovation in formula composition, such as prebiotics, probiotics, HMOs, DHA and ARA
Established distribution networks and the use of e-retail sites.

Infant Formula Market Trends

Trends in the Infant Formula Market indicate increasing demand for premium and speciality formulas, including organic, lactose-free, and hypoallergenic formulas. Innovations in formula composition, including HMOs, DHA and ARA, are being widely adopted by consumers. Also, a significant shift toward clean-label products is happening with parents seeking transparency on ingredient sources and production processes. Meanwhile, expansion of e-commerce access to products is diversifying product availability.

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Emerging Developments in the Infant Formula Market

The Infant Formula Market developments are focusing on technological advancements in formula composition, such as incorporating prebiotics, probiotics, HMOs, DHA, and ARA. Companies are also investing in sustainable packaging solutions to appeal to environmentally conscious consumers. Furthermore, there is a growing emphasis on product safety, digestibility, and nutrition, leading to increased demand for premium and specialty formulas. The expansion of e-commerce platforms is enhancing accessibility and convenience for consumers, contributing to market growth.