Home > Food & Beverages > Nutraceuticals > Vitamins > Infant Formula Ingredients Market

Infant Formula Ingredients Market Analysis

  • Report ID: GMI6452
  • Published Date: Aug 2023
  • Report Format: PDF

Infant Formula Ingredients Market Analysis

The infant formula ingredients market from carbohydrate segment dominated around USD 8.3 billion revenue in 2022. Lactose, the primary carbohydrate in human breast milk, is preferred in infant formula to provide a source of energy and support digestive health. Some infants may have lactose intolerance or other dietary needs, leading to the demand for alternative carbohydrates, such as soy-based formula.
 

Global Infant Formula Ingredients Market Revenue Share, By Source, (2022)

The dairy based segment accounted for 40% of the infant formula ingredients market share in 2022. Cow's milk is a primary source of protein and calcium, providing essential nutrients for infant growth and bone development. Cow's milk-based ingredients are the most commonly used in infant formula due to their similarity to human breast milk in terms of protein and fat composition.
 

The infant formula ingredients market from supermarkets segment is anticipated to grow at 8.1% CAGR through 2032. Retail stores, including supermarkets, hypermarkets, and convenience stores, offer a one-stop shopping experience, making it convenient for parents to purchase infant formula ingredients alongside other household essentials.
 

U.S. Infant Formula Ingredients Market Size, 2021- 2032 (USD Billion)

U.S. infant formula ingredients market size held over USD 6.6 billion in 2022. The birth rate in North America, although not as high as in some developing regions, still contributes to a steady demand for infant formula products and ingredients.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of infant formula ingredients was reached USD 26.9 billion in 2022 and is set to cross USD 60.8 billion by the end of 2032.

Supermarkets segment will record around 8.1% CAGR from 2023 to 2032, as they offer a one-stop shopping experience, making it convenient for parents to purchase infant formula ingredients alongside other household essentials.

U.S. market size was worth USD 6.6 billion in 2022, as the country’s birth rate contributes to a steady demand for infant formula products and ingredients.

DuPont de Nemours, Inc., Koninklijke DSM N.V. (DSM), Arla Foods Ingredients Group P/S, FrieslandCampina Ingredients, Kerry Group plc, BASF SE, Ingredion Incorporated, Glanbia plc, AAK AB, Chr. Hansen Holding A/S, Saputo Inc., Carbery Group Ltd., Tate & Lyle plc, Lonza Group AG, Archer Daniels Midland Company.

Infant Formula Ingredients Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 150
 Download Free Sample