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Infant Formula Market Share

  • Report ID: GMI3237
  • Published Date: Nov 2022
  • Report Format: PDF
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Infant Formula Market Share

  • Nestlé SA
  • Hero Group
  • BUBS Australia
  • Nutricia
  • Abbot Laboratories
  • Mead Johnson Nutrition
  • Arla Group
  • Perrigo
  • HiPP Bellamy's Organic

are some of the prominent players in the infant formula market. These companies are focusing on strategies such as mergers and acquisitions to expand their customer base and reinforce their presence in the global market.
 

For instance, in May 2021, Nestlé Health Science acquired The Bountiful Company, including Osteo Bi-Flex, Nature's Bounty, Solgar, Ester-C, Puritan's Pride, and Sundown. This initiative, intended to attract customers in the global nutrition and supplement category, will enable the company to strengthen its footprint in the infant formula industry.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The global market size for infant formula was over USD 35 billion in 2022 and is anticipated to depict more than 10% CAGR through 2023-2032, due to the rising incidence of premature births and metabolic disorders among babies.

The infant formula industry size from the standard product segment is slated to be valued at more than USD 23.5 billion by 2032, given the growing instances of malnutrition among infants aged 0 to 6 months.

APAC infant formula industry is projected to be valued at over USD 40 billion by 2032, on account of the escalating consumer spending and infant population.

Nestlé SA, Hero Group, BUBS Australia, Nutricia, Abbot Laboratories, Mead Johnson Nutrition, Arla Group, Perrigo, HiPP, and Bellamy's Organic are some of the prominent players in the infant formula market.

Infant Formula Market Scope

  • Infant Formula Market Size
  • Infant Formula Market Analysis
  • Infant Formula Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 10
    • Tables & Figures: 371
    • Countries covered: 22
    • Pages: 300
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