Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of infant formula ingredients is estimated at USD 87.08 billion.
The infant market is thriving on the back of the growing demand for packaged infant food products backed by the increasing middle-class population and the upsurge in the number of working women which is further raising the prevalence of natural feeding for infants. In the last few years, the incidence of malnutrition or nutritionally deficient babies has increased. Infant formula ingredients have captured the attention of various people across the globe. Additionally, a substantial population base, rapid urban growth, and high birth rate would fuel business growth.