Product Code: ETC13218845 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Cow Milk Based Infant Formula Market was valued at USD 48 Billion in 2024 and is expected to reach USD 65 Billion by 2031, growing at a compound annual growth rate of 4.20% during the forecast period (2025-2031).
The global cow milk-based infant formula market is experiencing steady growth driven by increasing awareness about the importance of nutrition for infants, rising disposable incomes, and changing lifestyle patterns. The market is characterized by a high demand for premium and organic infant formulas due to growing concerns about food safety and quality. Key players in the market are continuously innovating to offer products with enhanced nutritional profiles and improved taste to cater to evolving consumer preferences. Geographically, Asia Pacific holds a significant share in the market due to the large population base and rising birth rates in countries like China and India. The market is also witnessing a shift towards online retail channels, offering convenience and a wide range of product choices for consumers.
The Global Cow Milk Based Infant Formula Market is experiencing significant growth due to rising awareness about infant nutrition, increasing disposable income, and changing lifestyles. The market is witnessing a shift towards organic and clean label products, with parents seeking healthier options for their infants. Additionally, the demand for specialized infant formulas catering to specific health needs, such as lactose intolerance or allergies, is on the rise. Opportunities exist for manufacturers to innovate and develop new formulations with added nutrients and functional ingredients to meet the evolving consumer preferences. Furthermore, the expansion of distribution channels, particularly online retail platforms, presents a promising avenue for market growth. Overall, the Global Cow Milk Based Infant Formula Market is expected to continue expanding as parents prioritize quality nutrition for their infants.
The Global Cow Milk Based Infant Formula Market faces several challenges including increasing competition from plant-based alternatives, regulatory scrutiny over ingredients and labeling, concerns about sustainability and environmental impact of dairy farming, and shifting consumer preferences towards organic and clean label products. Additionally, there are health and safety concerns related to potential contamination, quality control issues, and the need for stricter regulations to ensure product safety for infants. Market volatility due to fluctuations in raw material prices and geopolitical factors also present challenges for manufacturers in this market. Adapting to changing consumer demands, maintaining product quality and safety standards, and navigating complex regulatory environments are key challenges faced by companies operating in the global cow milk based infant formula market.
The Global Cow Milk Based Infant Formula Market is primarily driven by factors such as increasing awareness about the benefits of infant formula in providing essential nutrients for infants, rising disposable income leading to higher spending on premium infant nutrition products, and a growing trend of working mothers opting for formula feeding. Additionally, the rising prevalence of lactose intolerance among infants, convenience offered by ready-to-feed formula products, and advancements in product innovation and formulation techniques are also contributing to the market growth. Moreover, the expanding distribution channels, aggressive marketing strategies by key players, and increasing demand for organic and clean label infant formula products are further fueling the market expansion.
Government policies related to the global cow milk-based infant formula market primarily focus on ensuring product safety, quality, and proper labeling to protect the health of infants. Regulatory bodies such as the FDA in the United States and EFSA in the European Union set standards for ingredients, manufacturing processes, and nutritional content of infant formula products. These policies also include restrictions on advertising and marketing practices to prevent misleading claims and promote breastfeeding as the best option for infant nutrition. Additionally, some countries have regulations on the import and export of infant formula to maintain food security and prevent market manipulation. Overall, government policies aim to safeguard infant health, promote transparency in the market, and support breastfeeding as the preferred choice for infant nutrition.
The Global Cow Milk Based Infant Formula Market is projected to witness steady growth in the coming years, driven by factors such as increasing awareness about infant nutrition, rising disposable incomes, and growing urbanization. The market is expected to benefit from the expanding middle-class population in emerging economies, leading to higher demand for convenient and nutritionally balanced infant formulas. Additionally, technological advancements in production processes and packaging are anticipated to further boost market growth. However, regulatory challenges and the emergence of alternative plant-based infant formulas may pose some challenges to market expansion. Overall, the market is likely to experience moderate yet consistent growth, with key players focusing on product innovation and strategic partnerships to maintain their competitive positions.
In the Global Cow Milk Based Infant Formula Market, Asia is expected to dominate in terms of market share due to the large population base and increasing disposable income in countries like China and India. North America and Europe are projected to witness steady growth driven by the rising awareness about infant nutrition and health benefits of cow milk based formulas. The Middle East and Africa region is anticipated to experience moderate growth due to improving healthcare infrastructure and growing urbanization. Latin America is likely to show substantial growth owing to the rising demand for premium infant formula products among the middle-class population. Overall, factors such as increasing birth rates, changing lifestyles, and awareness about the importance of early childhood nutrition are driving the growth of the cow milk based infant formula market across all regions.
Global Cow Milk Based Infant Formula Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Cow Milk Based Infant Formula Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Cow Milk Based Infant Formula Market Revenues & Volume, 2021 & 2031F |
3.3 Global Cow Milk Based Infant Formula Market - Industry Life Cycle |
3.4 Global Cow Milk Based Infant Formula Market - Porter's Five Forces |
3.5 Global Cow Milk Based Infant Formula Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Cow Milk Based Infant Formula Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Cow Milk Based Infant Formula Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Global Cow Milk Based Infant Formula Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Cow Milk Based Infant Formula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Cow Milk Based Infant Formula Market Trends |
6 Global Cow Milk Based Infant Formula Market, 2021 - 2031 |
6.1 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Carbohydrates, 2021 - 2031 |
6.1.3 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Oils & Fats, 2021 - 2031 |
6.1.4 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Proteins, 2021 - 2031 |
6.1.5 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Vitamins, 2021 - 2031 |
6.1.6 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Minerals, 2021 - 2031 |
6.1.7 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Prebiotics, 2021 - 2031 |
6.1.8 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.2.3 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.2.4 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Semi-Liquid, 2021 - 2031 |
6.3 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Growing-Up Milk, 2021 - 2031 |
6.3.3 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Standard Infant Formula, 2021 - 2031 |
6.3.4 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Follow-On Formula, 2021 - 2031 |
6.3.5 Global Cow Milk Based Infant Formula Market, Revenues & Volume, By Specialty Formula, 2021 - 2031 |
7 North America Cow Milk Based Infant Formula Market, Overview & Analysis |
7.1 North America Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
7.2 North America Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
7.5 North America Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Cow Milk Based Infant Formula Market, Overview & Analysis |
8.1 Latin America (LATAM) Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
8.5 Latin America (LATAM) Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Cow Milk Based Infant Formula Market, Overview & Analysis |
9.1 Asia Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
9.5 Asia Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Cow Milk Based Infant Formula Market, Overview & Analysis |
10.1 Africa Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
10.5 Africa Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Cow Milk Based Infant Formula Market, Overview & Analysis |
11.1 Europe Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
11.5 Europe Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Cow Milk Based Infant Formula Market, Overview & Analysis |
12.1 Middle East Cow Milk Based Infant Formula Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Cow Milk Based Infant Formula Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Cow Milk Based Infant Formula Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Cow Milk Based Infant Formula Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Cow Milk Based Infant Formula Market, Revenues & Volume, By Form, 2021 - 2031 |
12.5 Middle East Cow Milk Based Infant Formula Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Cow Milk Based Infant Formula Market Key Performance Indicators |
14 Global Cow Milk Based Infant Formula Market - Export/Import By Countries Assessment |
15 Global Cow Milk Based Infant Formula Market - Opportunity Assessment |
15.1 Global Cow Milk Based Infant Formula Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Cow Milk Based Infant Formula Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Cow Milk Based Infant Formula Market Opportunity Assessment, By Form, 2021 & 2031F |
15.4 Global Cow Milk Based Infant Formula Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Cow Milk Based Infant Formula Market - Competitive Landscape |
16.1 Global Cow Milk Based Infant Formula Market Revenue Share, By Companies, 2024 |
16.2 Global Cow Milk Based Infant Formula Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |