Report Overview
Infant Formula Ingredients Market Size:
The Infant formula ingredients market is expected to grow from USD 16.612 billion in 2025 to USD 23.806 billion in 2030, at a CAGR of 7.46%.
In the baby food market, nutritional composition plays an imperative role, and the infant formula ingredients market is expected to grow significantly because infant formula caters to the dietary requirements of infants. These formula ingredients, moreover, act like a substitute for human breast milk as they substitute the same number of additional components present in breast milk. Ingredients that are used in infant formulas, such as proteins, carbohydrates, vitamins, minerals, and even prebiotics, are available in powder animal liquid forms. Industrially modified cow milk includes various plant-based sources, such as soy, which are a few ingredients present in infant formulas.
Infant Formula Ingredient Market Driver:
- Efficient developmental activities coupled with constant market research are driving market growth.
Various companies present in the infant formula market are taking initiatives for extensive research and developments in infant formula ingredients. This extensive Research and developmental activities are effective in creating market products according to the consumer’s needs, which will drive the market growth in the forecast period. There are manufacturers involved in the infant formula ingredients market who are also consistently engaged in R&D in order to develop ingredients that could be suitable per consumer expectations. For instance, a new research and development centre was opened by Nestle in Ireland in 2019. As a result of these efficient research and development activities, Nestle further made an investment of USD 30 million for the same. Infant nutrition will be the aim of this research center.
Infant Formula Ingredient Market Geographical Outlook:
- The APAC region is expected to hold significant market share
The Asia Pacific region, owing to countries with large population shares, is anticipated to grow significantly during the forecast period. In this regard, China is one of the largest consumers of the infant ingredients formula market.
Moreover, China is expected to witness a growth in the number of infants, which will drive the market as the government of China, over China’s one-child policy, is shifting towards a positive side by allowing couples to have two children. Additionally, the significant importer of international infant products from New Zealand and Australia is China. Fonterra Cooperative Group is a Chinese company that is further increasing its production of ingredients and coming up with efficient strategies which could be essential in its portfolio expansion out of its geographical reach. Thus, this is another factor that will drive the infant formula ingredients market growth in this region.
Segmentation
- By Ingredient Type
- Carbohydrates
- Fats & Oil
- Proteins
- Vitamin & Mineral
- Others
- By Source
- Cow Milk
- Protein Hydrolysate
- Soy Protein
- Others
- By Formulation
- Powder
- Concentrated Liquid
- Ready-To-Use
- By Application
- Infant Milk Formula
- Follow-On-Milk
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Thailand
- Taiwan
- Others
- North America
Infant Formula Ingredients Market Report
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