Philippines Infant Formula Market is projected to grow at a CAGR of 3.4% from 2025 to 2031F

Infant milk by Type held the highest revenue share in the Philippines Infant Formula Market -6Wresearch

In 2024, infant milk captured the highest revenue share in the Philippines, driven by its role in meeting critical early nutrition needs during the first year of life. Rising maternal employment and breastfeeding challenges boosted demand, while its wide availability across supermarkets, pharmacies, and e-commerce platforms ensured accessibility, making it the most preferred formula category nationwide.

According to 6Wresearch, the Philippines Infant Formula Market is projected to grow at a CAGR of 3.4% from 2025 to 2031F. The Infant Formula market in the Philippines has shown significant growth over the past few years, shaped by demographic trends, regulatory frameworks, and evolving consumer lifestyles. With urbanization steadily rising, projected to reach more by 2045, and Female participation in the labor force as of 2024, the country is experiencing structural shifts in family dynamics. The female employment rate of March 2025 highlights the growing number of working mothers who balance professional responsibilities with childcare. This trend has underpinned demand for convenient infant nutrition solutions, including formula. On the demand side, household final consumption expenditure on food & beverages rose from 2017 to 2023, underscoring sustained growth in consumer spending capacity. This rising disposable income, combined with urban lifestyle changes and premium product availability, is reshaping family nutrition choices.

According to Parth, Senior Research Analyst, 6Wresearch, powdered formula led the Philippines infant formula market due to its affordability, long shelf life, and widespread availability across supermarkets and e-commerce. Strong consumer familiarity and preparation habits reinforced its dominance. Additionally, aggressive marketing by leading brands such as Nestle, Abbott, and Wyeth strengthened consumer trust, making powdered formula the preferred choice nationwide.

The Philippines Infant Formula Market (2025-2031) report provides an in-depth analysis with 17 figures and 3 tables, covered in 62 pages. The report thoroughly covers the market by bearing type and by end-user. The Thailand Industrial Bearings Market outlook report provides an unbiased and detailed analysis of the ongoing Thailand Industrial Bearings 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.