Infant Nutrition Market: By Product Type (Infant formula, Infant milk, Growing milk, Follow on milk, Speciality baby formula, Baby food, Dried baby food, Prepared baby food), By Distribution Channel (E-commerce, Retail pharmacies, Supermarkets, Drugstores) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)  

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Infant Nutrition Market size was valued at USD 45.4 Billion in 2023 and is projected to reach USD 68.83 Billion in 2030 at a significant CAGR of 6.9%  from  2024-2030. Infants need only breast milk during the age of 0-12 months for nutritional purposes. Infant nutritional products are similar to natural breast milk and are used for babies less than 2 years old. Nutritional products help to maintain proper growth by providing essential nutrients to the baby. Baby food and infant formula are two products used in infant nutrition.

The majority of infant nutrition products are prepared from cow milk. In June 2017, Reckitt Benckiser acquired Mead Johnson to diversify the companys infant nutrition portfolio. In August 2016, Nestle launched Ceregrow, an infant nutrition product belongs to cereal category in India.Infant nutrition market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report gives historical, current, and future market sizes (US$ Mn) of product type and distribution channel and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of Infant nutrition.

Global Infant Nutrition Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.9%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Infant Nutrition Market Dynamics

A rise in the working mothers, rapid urbanization, increase in expenditure for high-quality baby foods, a rise in the disposable income are anticipated to fuel the infant nutrition market over the forecast period. Moreover, increase in the birth rate across the globe, increase in demand for packaging products, and availability of wider products are expected to boost the infant nutrition market over the forecast period. However, a high cost of the products, a risk of allergies and autoimmune disorders, poor quality of few packaged infant nutrition food, and environmental factors such as storage conditions might hinder the infant nutrition market growth over the forecast period.

Global Infant Nutrition Market Segmentation

By Product Type
  • Infant formula
  • Infant milk
  • Growing up milk
  • Follow on milk
  • Speciality baby formula
  • Baby food
  • Dried baby food
  • Prepared baby food
  • Others
By Distribution Channel
  • E-commerce
  • Retail pharmacies
  • Supermarkets
  • Drugstores
  • Others
By Geography
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

The Infant nutrition market size was valued at USD 45.4 billion in 2023

The Infant nutrition market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The Infant nutrition market key players are Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Danone SA (France), Wakodo Co. Ltd. (Japan), The a2 Milk Company (Australia), Gerber Products Company (U.S.), Beech-Nut Nutrition Corporation (U.S.), Nurture Inc. (Happy Family) (U.S.), Bellamy's Organic (Australia), Reckitt Benckiser Group Plc. (U.K.), Blackmores (Australia), Bega Cheese (Australia)

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive Summary
2. Global Infant Nutrition Market Introduction 
2.1.Global Infant Nutrition Market  - Taxonomy
2.2.Global Infant Nutrition Market  - Definitions
2.2.1.Product Type
2.2.2.Distribution Channel
2.2.3.Region
3. Global Infant Nutrition Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID-19 on Market
4. Global Infant Nutrition Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Infant Nutrition Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Infant formula
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Infant milk
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Growing up milk
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Follow on milk
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Speciality baby formula
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Baby food
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Dried baby food
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Prepared baby food
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Others
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
6. Global Infant Nutrition Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. E-commerce
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Retail pharmacies
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Supermarkets
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Drugstores
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global Infant Nutrition Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Infant Nutrition Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Infant formula
8.1.2.Infant milk
8.1.3.Growing up milk
8.1.4.Follow on milk
8.1.5.Speciality baby formula
8.1.6.Baby food
8.1.7.Dried baby food
8.1.8.Prepared baby food
8.1.9.Others
8.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.E-commerce
8.2.2.Retail pharmacies
8.2.3.Supermarkets
8.2.4.Drugstores
8.2.5.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Infant Nutrition Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Infant formula
9.1.2.Infant milk
9.1.3.Growing up milk
9.1.4.Follow on milk
9.1.5.Speciality baby formula
9.1.6.Baby food
9.1.7.Dried baby food
9.1.8.Prepared baby food
9.1.9.Others
9.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.E-commerce
9.2.2.Retail pharmacies
9.2.3.Supermarkets
9.2.4.Drugstores
9.2.5.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) Infant Nutrition Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Infant formula
10.1.2.Infant milk
10.1.3.Growing up milk
10.1.4.Follow on milk
10.1.5.Speciality baby formula
10.1.6.Baby food
10.1.7.Dried baby food
10.1.8.Prepared baby food
10.1.9.Others
10.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.E-commerce
10.2.2.Retail pharmacies
10.2.3.Supermarkets
10.2.4.Drugstores
10.2.5.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Infant Nutrition Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Infant formula
11.1.2.Infant milk
11.1.3.Growing up milk
11.1.4.Follow on milk
11.1.5.Speciality baby formula
11.1.6.Baby food
11.1.7.Dried baby food
11.1.8.Prepared baby food
11.1.9.Others
11.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.E-commerce
11.2.2.Retail pharmacies
11.2.3.Supermarkets
11.2.4.Drugstores
11.2.5.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Infant Nutrition Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Infant formula
12.1.2.Infant milk
12.1.3.Growing up milk
12.1.4.Follow on milk
12.1.5.Speciality baby formula
12.1.6.Baby food
12.1.7.Dried baby food
12.1.8.Prepared baby food
12.1.9.Others
12.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.E-commerce
12.2.2.Retail pharmacies
12.2.3.Supermarkets
12.2.4.Drugstores
12.2.5.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Nestle S.A (Switzerland)
13.2.2.Abbott Laboratories (U.S)
13.2.3.Danone SA (France)
13.2.4.Wakodo Co. Ltd. (Japan)
13.2.5.The A2 Milk Company (Australia)
13.2.6.Gerber Products Company (U.S)
13.2.7.Beech-Nut Nutrition Corporation (U.S)
13.2.8.Nurture Inc. (Happy Family) (U.S)
13.2.9.Bellamy's Organic (Australia)
13.2.10.Reckitt Benckiser Group Plc. (U.K)
13.2.11.Blackmores (Australia)
13.2.12.Bega Cheese (Australia)
14. Research Methodology 
15. Appendix and Abbreviations 
  • Nestle S.A (Switzerland)
  • Abbott Laboratories (U.S)
  • Danone SA (France)
  • Wakodo Co. Ltd. (Japan)
  • The A2 Milk Company (Australia)
  • Gerber Products Company (U.S)
  • Beech-Nut Nutrition Corporation (U.S)
  • Nurture Inc. (Happy Family) (U.S)
  • Bellamy's Organic (Australia)
  • Reckitt Benckiser Group Plc. (U.K)
  • Blackmores (Australia)
  • Bega Cheese (Australia)

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