Infant Formula Ingredients Market Share

Report ID: 2616
Published Date: Dec 23, 2024
Report Format: PDF, PPT

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Based on regional analysis, the global infant formula ingredients market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

Asia Pacific industry is poised to hold largest revenue share by 2037, owing to rising urbanization and increasing demand for easy food in the region. The Asia Pacific is dominated by the Chinese industry, being one of the region's biggest buyers of infant formula ingredients. In addition, manufacturers are shifting their manufacturing base from developed nations to countries in the Asia Pacific region, especially in Japan and Australia, due to low manufacturing costs coupled with abundant raw material availability is predicted to spice up the business in the Asia Pacific region.

Browse key industry insights with market data tables & charts from the report:

Infant Formula Ingredients Market Size & Share, Growth Trends 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of infant formula ingredients is estimated at USD 87.08 billion.

Infant Formula Ingredients Market size was over USD 80.01 billion in 2024 and is poised to exceed USD 289.56 billion by 2037, growing at over 10.4% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is poised to hold largest revenue share by 2037, owing to rising urbanization and increasing demand for easy food in the region.

The major players in the market are Conagen, Inc., Fonterra Co-operative Group Limited, Arla Foods amba, Carbery Food Ingredients Limited, Chr. Hansen Holding A/S, LACTALIS Ingredients, Sachsenmilch Leppersdorf GmbH., Royal Friesland Campina N.V, Glanbia plc, and others.