Baby Food and Infant Formula Market, Global Outlook and Forecast 2023-2029

Baby food is any soft, easily consumed food, other than breastmilk or infant formula, which is made specifically for babies. The food comes in multiple varieties and tastes.
This report aims to provide a comprehensive presentation of the global market for Baby Food and Infant Formula, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Food and Infant Formula. This report contains market size and forecasts of Baby Food and Infant Formula in global, including the following market information:
Global Baby Food and Infant Formula Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Baby Food and Infant Formula Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Baby Food and Infant Formula companies in 2022 (%)
The global Baby Food and Infant Formula market was valued at US$ 37280 million in 2022 and is projected to reach US$ 42570 million by 2029, at a CAGR of 1.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Baby Food and Infant Formula key players include Danone, Abbott, Nestle, China Feihe, etc. Global top four manufacturers hold a share nearly 40%.
Asia-Pacific is the largest market, with a share over 45%, followed by Europe, and North America, both have a share over 40 percent. 
In terms of product, Milk Formula is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Offline Retail, followed by E-Commerce.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Baby Food and Infant Formula manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Baby Food and Infant Formula Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Baby Food and Infant Formula Market Segment Percentages, by Type, 2022 (%)
    Milk Formula
    A2 Infant Formulas
    Infant Complementary Foods
Global Baby Food and Infant Formula Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Baby Food and Infant Formula Market Segment Percentages, by Application, 2022 (%)
    Offline Retail
    E-Commerce
Global Baby Food and Infant Formula Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Baby Food and Infant Formula Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Baby Food and Infant Formula revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Baby Food and Infant Formula revenues share in global market, 2022 (%)
Key companies Baby Food and Infant Formula sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Baby Food and Infant Formula sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Beingmate
    HiPP
    Mead Johnson
    Arla Foods
    FrieslandCampina
    Morinaga Milk
    Yili Group
    Danone
    Abbott
    Nestle
    China Feihe
    Hero Group
    Meiji
Outline of Major Chapters:
Chapter 1: Introduces the definition of Baby Food and Infant Formula, market overview.
Chapter 2: Global Baby Food and Infant Formula market size in revenue and volume.
Chapter 3: Detailed analysis of Baby Food and Infant Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Baby Food and Infant Formula in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Baby Food and Infant Formula capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.