Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (Infant Milk, Follow-on-Milk, Specialty Baby Milk, Growing-up Milk), By Distribution Channel (Hypermarkets, Supermarkets, Pharmacy/Medical Stores, Specialty Stores, Hard Discounter Stores, Others), By Ingredient (Carbohydrate, Fat, Protein, Minerals, Vitamins, Others) And Competitive Landscape
Product Code: ETC13218231 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
The global infant formula milk powder market size was valued at approximately USD 52.9 billion in 2024 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2031. This growth is driven by increasing awareness of infant nutrition.
Report Name | Global Infant Formula Milk Powder Market |
Forecast Period | 2025-2031 |
Market Size | USD 85.2 billion by 2031 |
CAGR | 7.5% |
Growing Sector | Miscellaneous |
The Global Infant Formula Milk Powder Market report thoroughly covers the market by Type, Distribution Channel, Ingredientand Regions.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global infant formula milk powder market growth has been boosting due to several factors. These factors are increasing income levels of the population, particularly in emerging economies, are contributing to a surge in the affordability and accessibility of high-quality baby nutrition products. Furthermore, rapid technological advancements in product formulations, with manufacturers provide hypoallergenic, organic, and fortified options, fulfilling to the diverse nutritional needs of infants.
As per 6Wresearch, Global Infant Formula Milk Powder Market is expected to grow at a significant CAGR of 7.5% during the forecast period 2025-2031. The global infant formula milk powder market growth is attributed by one of the major factors such as a surge in the awareness among the parents of the nutritional need’sinfants. This has boosted the demand for premium and specialized infant formula products across the globe. Additionally, the increasing number of working mothers has heightened the reliance on formula milk as a convenient and reliable alternative to breastfeeding. Advancements in science and technology have led to enhanced formulations designed to closely mimic natural breast milk, further encouraging adoption. The expansion of e-commerce platforms has also played a pivotal role in improving product accessibility and boosting sales globally.
Despite these drivers, the market faces notable challenges. High production costs and the volatility of raw material prices pose significant hurdles for manufacturers. Stringent regulatory requirements, while ensuring product safety, often result in prolonged approval processes, delaying time-to-market for new products. Growing consumer concerns regarding the environmental impact of formula production and packaging have also placed pressure on companies to adopt sustainable practices. Addressing these challenges is critical for the sustained growth of the market.
The global infant formula milk powder market is being shaped by several key trends. One prominent trend is the increasing demand for organic and clean-label products, driven by rising consumer awareness of the benefits of natural and minimally processed ingredients. Additionally, advancements in nutritional science continue to lead to the development of highly specialized formulas tailored to address specific dietary needs, including hypoallergenic, lactose-free, and probiotic-enriched formulas. Emerging markets in Asia-Pacific, Africa, and Latin America are also witnessing rapid growth, fueled by rising income levels, urbanization, and an expanding middle class. Leveraging these trends effectively is crucial for companies aiming to maintain a competitive edge in the industry.
The global infant formula milk powder market presents numerous investment opportunities, particularly in the development of innovative and sustainable products. Companies that prioritize research and development to produce advanced formulas or incorporate sustainable packaging solutions stand to gain significant market share. There is also strong potential for expansion in developing regions, as economic growth and improving healthcare infrastructure increase demand for high-quality nutrition. Similarly, investments in digital marketing strategies and e-commerce platforms can help brands reach tech-savvy consumers and capitalize on the convenience-oriented purchasing behavior of modern parents. These opportunities highlight the potential for both short-term growth and long-term profitability in the market.
The global infant formula milk powder market is dominated by several key players who lead through innovation, quality standards, and extensive global reach. Prominent companies include Nestlé S.A., Danone S.A., Abbott Laboratories, and Mead Johnson Nutrition.
Government regulations significantly impact the infant formula milk powder market, aiming to ensure product safety and quality while protecting public health. Various countries enforce strict guidelines on manufacturing standards, advertising practices, and ingredient usage. For instance, the European Union and the United States have stringent nutritional labeling and composition requirements to ensure the products meet infants' dietary needs. Likewise, certain regions, such as China, have elevated import restrictions and mandatory registration processes for foreign manufacturers to ensure compliance with domestic safety standards. Increasing scrutiny around labeling transparency and the use of additives continues to shape the regulatory landscape, influencing market dynamics and requiring companies to adapt swiftly to remain compliant.
The global infant formula milk powder market is poised for sustained growth in the coming years, driven by factors such as rising parental awareness of infant nutrition, increasing disposable income in developing countries, and advancements in product innovation. Enhanced formulations incorporating probiotics, prebiotics, and organic ingredients are expected to dominate consumer demand. Furthermore, the rising popularity of plant-based and lactose-free alternatives opens opportunities for diversification. While the market faces challenges such as regulatory hurdles and competition, companies investing in research, eco-friendly packaging solutions, and digital transformation are well-positioned to thrive.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Protein is currently the leading ingredient in the global infant formula milk powder market, driven by its significance in promoting growth and development in infants. Carbohydrates and fats also form an essential part of the formulations and are experiencing consistent demand due to their critical role in providing energy.
According to Ravi Bhandari, Research Head, 6Wresearch,North America remains a leading market due to advanced healthcare systems and high awareness among consumers. Europe follows closely, driven by stringent product quality standards and demand for organic products.
The marketreport provides a detailed analysis of the following market segments
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 Infant Formula Milk Powder Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Infant Formula Milk Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Global Infant Formula Milk Powder Market - Industry Life Cycle |
3.4 Global Infant Formula Milk Powder Market - Porter's Five Forces |
3.5 Global Infant Formula Milk Powder Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Infant Formula Milk Powder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Infant Formula Milk Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Global Infant Formula Milk Powder Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
4 Global Infant Formula Milk Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Infant Formula Milk Powder Market Trends |
6 Global Infant Formula Milk Powder Market, 2021 - 2031 |
6.1 Global Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Infant Formula Milk Powder Market, Revenues & Volume, By Infant Milk, 2021 - 2031 |
6.1.3 Global Infant Formula Milk Powder Market, Revenues & Volume, By Follow-on-Milk, 2021 - 2031 |
6.1.4 Global Infant Formula Milk Powder Market, Revenues & Volume, By Specialty Baby Milk, 2021 - 2031 |
6.1.5 Global Infant Formula Milk Powder Market, Revenues & Volume, By Growing-up Milk, 2021 - 2031 |
6.2 Global Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Infant Formula Milk Powder Market, Revenues & Volume, By Hypermarkets, 2021 - 2031 |
6.2.3 Global Infant Formula Milk Powder Market, Revenues & Volume, By Supermarkets, 2021 - 2031 |
6.2.4 Global Infant Formula Milk Powder Market, Revenues & Volume, By Pharmacy/Medical Stores, 2021 - 2031 |
6.2.5 Global Infant Formula Milk Powder Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
6.2.6 Global Infant Formula Milk Powder Market, Revenues & Volume, By Hard Discounter Stores, 2021 - 2031 |
6.2.7 Global Infant Formula Milk Powder Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Infant Formula Milk Powder Market, Revenues & Volume, By Carbohydrate, 2021 - 2031 |
6.3.3 Global Infant Formula Milk Powder Market, Revenues & Volume, By Fat, 2021 - 2031 |
6.3.4 Global Infant Formula Milk Powder Market, Revenues & Volume, By Protein, 2021 - 2031 |
6.3.5 Global Infant Formula Milk Powder Market, Revenues & Volume, By Minerals, 2021 - 2031 |
6.3.6 Global Infant Formula Milk Powder Market, Revenues & Volume, By Vitamins, 2021 - 2031 |
6.3.7 Global Infant Formula Milk Powder Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Infant Formula Milk Powder Market, Overview & Analysis |
7.1 North America Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
7.2 North America Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.5 North America Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
8 Latin America (LATAM) Infant Formula Milk Powder Market, Overview & Analysis |
8.1 Latin America (LATAM) Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.5 Latin America (LATAM) Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
9 Asia Infant Formula Milk Powder Market, Overview & Analysis |
9.1 Asia Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.5 Asia Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
10 Africa Infant Formula Milk Powder Market, Overview & Analysis |
10.1 Africa Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.5 Africa Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
11 Europe Infant Formula Milk Powder Market, Overview & Analysis |
11.1 Europe Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.5 Europe Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
12 Middle East Infant Formula Milk Powder Market, Overview & Analysis |
12.1 Middle East Infant Formula Milk Powder Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Infant Formula Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Infant Formula Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Infant Formula Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Infant Formula Milk Powder Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.5 Middle East Infant Formula Milk Powder Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
13 Global Infant Formula Milk Powder Market Key Performance Indicators |
14 Global Infant Formula Milk Powder Market - Export/Import By Countries Assessment |
15 Global Infant Formula Milk Powder Market - Opportunity Assessment |
15.1 Global Infant Formula Milk Powder Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Infant Formula Milk Powder Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Infant Formula Milk Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.4 Global Infant Formula Milk Powder Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
16 Global Infant Formula Milk Powder Market - Competitive Landscape |
16.1 Global Infant Formula Milk Powder Market Revenue Share, By Companies, 2024 |
16.2 Global Infant Formula Milk Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |