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Infant Formula Ingredients Market Share

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

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Infant Formula Ingredients Market Share

Some of the major companies operating in the infant formula ingredients market are:

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.

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

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.