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Report Overview

The infant formula market was valued at USD 73.19 Billion in 2025, driven by the increasing challenges with breastfeeding and increasing awareness regarding the benefits of infant formula across the globe. The market is anticipated to grow at a CAGR of 7.31% during the forecast period of 2026-2035 to achieve a value of USD 148.20 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The market is expected to witness steady growth, driven by increasing demand for nutrition-rich alternatives, rising awareness of infant health, and growing disposable incomes in emerging economies.

  • Advances in technology and innovation, such as the development of organic and plant-based infant formulas, are expected to shape market trends, appealing to health-conscious parents seeking natural options.

  • Regulatory changes and increasing scrutiny around infant nutrition standards could influence market dynamics, with companies focusing on product quality, safety, and compliance to address consumer concerns.

Leading Players in the Infant Formula Market

The key features of the market report comprise patent analysis, clinical trials analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:

Nestle S.A

Nestlé S.A, headquartered in Switzerland, is a global leader in the infant formula market. Its popular brands, such as NAN and Gerber, focus on providing scientifically backed nutrition to support infant growth and development. Nestlé invests heavily in research and development to innovate and improve its formula offerings. The company emphasizes quality, safety, and sustainability across its product lines. Nestlé’s strong global presence and trusted reputation make it a dominant player in the competitive infant nutrition sector.

Danone S.A

Danone S.A, based in France, is a major multinational company offering a wide range of infant formula products under brands like Aptamil and Nutricia. The company focuses on early life nutrition, using cutting-edge science to develop formulas that closely mimic breast milk. Danone promotes health and wellness through sustainably sourced ingredients and rigorous quality standards. With a strong commitment to research, Danone aims to provide formulas that meet the evolving needs of infants and their parents worldwide.

Arla Foods amba

Arla Foods amba, headquartered in Denmark, is a farmer-owned cooperative known for its premium dairy products, including infant formula under brands like Arla Baby&Me. The company emphasises natural, high-quality ingredients and sustainable production practices. Arla leverages its strong expertise in dairy science to create nutritional products that support infant health and development. With a growing global presence, Arla is committed to offering safe, traceable, and responsibly produced infant formulas that meet the demands of modern consumers.

Royal Friesland Campina

Royal FrieslandCampina, a Dutch multinational cooperative, is a key player in the infant formula market. The company produces well-known brands like Friso, focusing on delivering high-quality, science-based nutrition for infants. FrieslandCampina maintains strict quality control from farm to formula, ensuring safety and nutritional excellence. It invests heavily in research to understand early childhood nutrition needs and continues to expand its global reach. Sustainability, innovation, and farmer partnerships are central to the company’s approach to infant nutrition.

Reckitt Benckiser Group plc

Reckitt Benckiser Group plc, based in the United Kingdom, has established a strong presence in the infant formula market through its brand Enfamil, acquired via Mead Johnson Nutrition. The company prioritizes research-driven product development to support infant health and cognitive development. Reckitt Benckiser places great emphasis on quality, safety, and innovation in its nutritional offerings. With a growing portfolio and commitment to responsible practices, Reckitt aims to meet the diverse dietary needs of infants across global markets.

Other key players in the market include Abbott, The Kraft Heinz Company, Bellamy’s Australia Limited, Perrigo Company plc, and Yili Group.  

Infant Formula Market Report Snapshots

Infant Formula Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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