The global infant formula ingredients market is anticipated to grow from USD 16.8 billion in 2019 to USD 30 billion by 2027, at a CAGR of 7.5% during the forecast period 2020-2027.
Infant formula ingredients are produced to feed infants from birth till 12 months of age. Infant formula tries to include the ingredients present in breast milk. Some of the formulae also tries to substitute the elements present in cow milk. The main ingredients of the formula are prebiotics, polyunsaturated fatty acids, probiotics, and nucleotides. They help to provide appropriate protein component substitutes for good physical growth of the baby.
The increase in the number of women going to work after giving birth is the major factor driving market growth. The inability of mothers to lactate, parents seeking additional sources of nutrition for babies are also fuelling the growth of the market. The health benefits received from the infant formula ingredients like healthy bone growth, improved digestion, low cholesterol, and less risk of cardiovascular diseases also contributes to the growth of the market. The changing preferences of the people towards a healthy lifestyle will also lead to market growth. Less awareness about the product and its benefits will act as a restraint to market growth.
This study delivers a comprehensive analysis of ingredient types, applications, form, source, and regions. On the basis of the type of ingredients, the market is divided into oils & fats, carbohydrates, vitamins, proteins, minerals, and prebiotics. The oils and fats market is expected to dominate the market share as they are the main ingredients for the growth of infants. The oil and fats provide high energy and help in metabolism and other benefits for the development of the health of infants. On the basis of application, the market is divided into standard infant formula, growing-up milk, follow-on formula, and speciality. The growing-up milk segment is expected to dominate the market share as it helps to provide a balanced diet to infants. The need for additional nutrition options for infants helps to increase the demand for growing-up milk segment. On the basis of form, the market can be divided into powder and liquid/semi-liquid form. The powdered form has a higher demand due to its ease of use and handling. On the basis of source, the market can be divided into cow milk, soy, protein hydrolysates, and others. The cow milk segment is expected to dominate the market share due to its low cost and widespread acceptance. Also, the ingredients for cow milk are readily available, contributing to market growth.
The market for infant formula ingredients has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific region is expected to dominate the market, and the market share is going to increase during the forecast period. The growth in the region can be attributed to rising urbanization and changing lifestyles of people leading to an increase in demand for digestive and high-protein products. The rise in the disposable incomes of people in the region is also expected to fuel market growth.
The leading players of the market include Co-operative Group Limited, Royal Friesland Campina N.V., AAK AB, BASF SE, Carbery Food Ingredients Limited, Glanbia plc, Sachsenmilch Leppersdorf GmbH, Koninklijke DSM N.V., Chr. Hansen Holdings A/S, Lactalis Ingredients, Arla Foods, Kerry Group plc, and Vitablend Nederland B.V.
Global Infant Formula Ingredients Market Analysis And Forecast, By Ingredient Type
Global Infant Formula Ingredients Market Analysis And Forecast, By Application
Global Infant Formula Ingredients Market Analysis And Forecast, By Form
Global Infant Formula Ingredients Market Analysis And Forecast, By Source
Global Infant Formula Ingredients Market Analysis And Forecast, By Regional Analysis
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Ingredients
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Form
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Infant Formula Ingredients Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Cow Milk
6.3. Soy
6.4. Protein Hydrolasates
6.5. Others
7. Global Infant Formula Ingredients Market Analysis and Forecast, By Ingredient Type
7.1. Segment Overview
7.2. Oil & Fats
7.3. Carbohydrates
7.4. Vitamins
7.5. Proteins
7.6. Minerals
7.7. Prebiotics
8. Global Infant Formula Ingredients Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Standard Milk Formula
8.3. Growing-up Milk
8.4. Follow-on Formula
8.5. Specialty
9. Global Infant Formula Ingredients Market Analysis and Forecast, By Form
9.1. Segment Overview
9.2. Powder
9.3. Liquid & Semi Liquid
10. Global Infant Formula Ingredients Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Infant Formula Ingredients Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Infant Formula Ingredients Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Co-operative Group Limited
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Royal Friesland Campina N.V.
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. AAK AB
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. BASF SE
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Carbery Food Ingredients Limited
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Glanbia PLC
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. SachsenmilchLeppersdorf GmbH
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Koninklijke DSM N.V., Chr. Hansen Holdings A/S, Lactalis Ingredients, Arla Foods, Kerry Group plc, and Vitablend Nederland B.V.
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Chr. Hansen Holdings A/S
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Lactalis Ingredients
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Arla Foods
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Kerry Group plc
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. Vitablend Nederland B.V.
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
List of Table
1. Global Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
2. Global Cow Milk, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
3. Global Soy, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
4. Global Protein Hydrolysates, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
5. Global Others, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
6. Global Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
7. Global Oil & Fats, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
8. Global Carbohydrates, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
9. Global Vitamins, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
10. Global Prebiotics, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
11. 2017-2027 (USD Billion)
12. Global Minerals, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
13. 2017-2027 (USD Billion)
14. Global Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
15. Global Standard Milk Formula, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
16. Global Growing-up Milk, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
17. Global Follow-on Formula, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
18. Global Specialty, Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
19. Global Infant Formula Ingredients Market, By Form, 2017–2027 (USD Million)
20. Global Powder Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
21. Global Liquid & Semi Liquid Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
22. Global Infant Formula Ingredients Market, By Region, 2017-2027 (USD Billion)
23. North America Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
24. North America Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
25. North America Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
26. North America Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
27. U.S. Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
28. U.S. Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
29. U.S. Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
30. U.S. Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
31. Canada Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
32. Canada Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
33. Canada Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
34. Canada Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
35. Mexico Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
36. Mexico Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
37. Mexico Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
38. Mexico Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
39. Europe Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
40. Europe Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
41. Europe Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
42. Europe Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
43. Germany Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
44. Germany Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
45. Germany Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
46. Germany Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
47. France Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
48. France Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
49. France Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
50. France Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
51. U.K. Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
52. U.K. Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
53. U.K. Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
54. U.K. Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
55. Italy Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
56. Italy Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
57. Italy Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
58. Italy Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
59. Spain Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
60. Spain Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
61. Spain Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
62. Spain Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
63. Asia Pacific Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
64. Asia Pacific Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
65. Asia Pacific Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
66. Asia Pacific Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
67. Japan Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
68. Japan Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
69. Japan Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
70. Japan Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
71. China Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
72. China Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
73. China Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
74. China Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
75. India Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
76. India Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
77. India Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
78. India Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
79. South America Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
80. South America Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
81. South America Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
82. South America Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
83. Brazil Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
84. Brazil Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
85. Brazil Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
86. Brazil Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
87. Middle East and Africa Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
88. Middle East and Africa Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
89. Middle East and Africa Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
90. Middle East and Africa Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
91. UAE Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
92. UAE Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
93. UAE Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
94. UAE Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
95. South Africa Infant Formula Ingredients Market, By Source, 2017-2027 (USD Billion)
96. South Africa Infant Formula Ingredients Market, By Ingredient Type, 2017-2027 (USD Billion)
97. South Africa Infant Formula Ingredients Market, By Application, 2017-2027 (USD Billion)
98. South Africa Infant Formula Ingredients Market, By Form, 2017-2027 (USD Billion)
List of Figures
1. Global Infant Formula Ingredients Market Segmentation
2. Infant Formula Ingredients Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Infant Formula Ingredients Market Attractiveness Analysis By Source
9. Global Infant Formula Ingredients Market Attractiveness Analysis By Ingredient Type
10. Global Infant Formula Ingredients Market Attractiveness Analysis By Application
11. Global Infant Formula Ingredients Market Attractiveness Analysis By Form
12. Global Infant Formula Ingredients Market Attractiveness Analysis By Region
13. Global Infant Formula Ingredients Market: Dynamics
14. Global Infant Formula Ingredients Market Share By Source(2020 & 2027)
15. Global Infant Formula Ingredients Market Share By Application(2020 & 2027)
16. Global Infant Formula Ingredients Market Share By Form(2020 & 2027)
17. Global Infant Formula Ingredients Market Share by Regions (2020 & 2027)
18. Global Infant Formula Ingredients Market Share by Company (2019)
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