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Soy-Based Infant Formula Market

Global Soy-Based Infant Formula Market Trends, Forecast: By Application: 12-36 months, 6-12 months, 0-6 months; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Soy-Based Infant Formula Market Outlook

The global soy-based infant formula market is expected to grow in the forecast period of 2024-2032 at a CAGR of 3.5%. The market is driven by the rising demand for organic infant formulas.

 

Global Soy-Based Infant Formula

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Market Segmentation

The soy-based infant formula is a soy formula made using soy protein and other components to be fed to the infants. It is a supplement or replacement for human milk or cow milk formula.

 

Global Soy-Based Infant Formula Market By Application

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The soy-based infant formula market is segmented on the basis of applications into:

  • 12-36 months 
  • 6-12 months 
  • 0-6 months

The EMR report looks into the regional soy-based infant formula markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Soy-Based Infant Formula Market By Region

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Market Analysis

The global soy-based infant formula market is driven by the rising demand for organic infant formulas, contributing to the market growth of the soy-based infant formula. The market is aided by the increasing parental concerns regarding the unhealthy chemical additives in store-bought baby foods, resulting in the rising demand for healthier alternatives that are free from chemical agents. Further, the organic baby foods like soy-based infant formulas have captured the attention of parents in recent years because of their health benefits and no side-effects, enhancing the soy-based infant formula market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global soy-based infant formula market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Abbott Laboratories 
  • Nestlé SA
  • Reckitt Benckiser Group Plc
  • Others

The EMR report gives an in-depth insight into the soy-based infant formula market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • 12-36 months
  • 6-12 months
  • 0-6 months
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Abbott Laboratories 
  • Nestlé SA
  • Reckitt Benckiser Group Plc
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Soy-Based Infant Formula Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Soy-Based Infant Formula Historical Market (2018-2023) 
    8.3    Global Soy-Based Infant Formula Market Forecast (2024-2032)
    8.4    Global Soy-Based Infant Formula Market by Application
        8.4.1    12-36 Months
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    6-12 Months
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    0-6 Months
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Soy-Based Infant Formula Market by Region
        8.5.1    North America
        8.5.2    Europe
        8.5.3    Asia Pacific
        8.5.4    Latin America
        8.5.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Abbott Laboratories  
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Nestlé SA 
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Reckitt Benckiser Group Plc 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Others
13    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Soy-Based Infant Formula Market: Key Industry Highlights, 2018 and 2032
2.    Global Soy-Based Infant Formula Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Soy-Based Infant Formula Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Soy-Based Infant Formula Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global Soy-Based Infant Formula Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Global Soy-Based Infant Formula Market Structure

Key Questions Answered in the Report

The global soy-based infant formula market is projected to grow at a CAGR of 3.5% between 2024 and 2032.

The industry is being driven by the rise in the number of working women, rise in the awareness among consumers about the brand name, safety and nutrition, increase in the disposable income, rise in the demand from emerging economies, and increase in the availability of breastmilk banks.

The key trends augmenting the market’s expansion are the increased parental concerns about the harmful chemical additions in store-bought infant meals and the rising demand for organic infant formulas.

The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The market is segmented on the basis of applications into 12-36 months, 6-12 months, and 0-6 months.

The major players in the industry are Abbott Laboratories, Nestlé SA, and Reckitt Benckiser Group Plc, among others.

Analyst Review

The global soy-based infant formula market is being driven by the increased demand for organic infant formula in the historical period. Aided by the rise in demand for healthier, chemical-free alternatives and rise in awareness among consumers, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the global soy-based infant formula industry can be segmented into 12-36 months, 6-12 months, and 0-6 months. The major regional markets for soy-based infant formula are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include Abbott Laboratories, Nestlé SA, and Reckitt Benckiser Group Plc, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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