Companies Dominating the Baby Specialty Milk Formula Landscape
- Danone S.A.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Perrigo Nutritionals
- Nestle SA
- Piermen B.V.
- Bebelan Lacta Ltd.
- Mead Johnson & Company, LLC.
- Savencia Fromage & Dairy
- Abbott Laboratories
- Else Nutrition
- Arla Foods Ingredients Group P/S
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of baby specialty milk formula is estimated at USD 47.54 billion.
The baby specialty milk formula market size was valued at USD 44.02 billion in 2024 and is set to exceed USD 81.98 billion by 2037, expanding at over 4.9% CAGR during the forecast period i.e., between 2025-2037. Growing disposable income, high women employment rate in developed countries and decreasing breastfeeding rates will boost the market growth.
North America industry is poised to dominate majority revenue share by 2037, driven by increasing number of working mothers coupled with the rising number of women returning to work after giving birth.
The major players in the market are Danone S.A., Perrigo Nutritionals, Nestle SA, Piermen B.V., Bebelan Lacta Ltd., Mead Johnson & Company, LLC., Savencia Fromage & Dairy, Abbott Laboratories, Else Nutrition, Arla Foods Ingredients Group P/S
