What Segmentation Insights And Expansion Opportunities Are Emerging In The Infant Milk Formula Market?

What Is The Comparative Market Size Outlook For The Infant Milk Formula Market Over The 2025–2029 Timeframe?
The infant milk formula market size has grown rapidly in recent years. It will grow from $62.36 billion in 2025 to $69.39 billion in 2026 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to increasing reliance on formula feeding due to changing maternal work patterns, early development of cow’s milk-based and soy-based formulations, rising commercialization of powdered and ready-to-feed formats, expansion of retail distribution channels for infant nutrition products, growing consumer trust in regulated infant formula standards.

The infant milk formula market size is expected to see rapid growth in the next few years. It will grow to $105.12 billion in 2030 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to rising demand for specialized and hydrolyzed formulas for allergy-prone infants, increasing preference for premium and fortified nutrition formulas, expansion of infant formula sales in emerging markets with growing birth rates, development of clean-label and sustainably sourced formula ingredients, growing adoption of e-commerce platforms for infant nutrition purchases. Major trends in the forecast period include rising demand for specialized and hypoallergenic infant formulas, premiumization and growth of organic and clean-label infant formulas, expansion of toddler and follow-on milk formula categories, increasing infant formula adoption in emerging and developing markets, stricter regulatory oversight and quality compliance in infant nutrition.

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Which Strategic Drivers Are Powering The Rise Of The Infant Milk Formula Market?
The growing number of working mothers is expected to propel the growth of the infant milk formula market going forward. Working mothers refer to women with children who are engaged in paid employment outside the home. The rise in the number of working mothers is driven by greater workplace flexibility, which allows them to better balance professional responsibilities with childcare and family needs. Infant milk formula helps working mothers by providing a convenient and reliable alternative to breastfeeding, enabling them to balance infant care with their professional responsibilities. For instance, in July 2025, according to the Official Statistics, a UK-based government agency, in England in 2024, 44% of mothers were employed full-time, while 27% worked part-time for 16 to 29 hours per week. Additionally, employment levels for mothers with children under age 5 have reached 99.2 percent of their pre-pandemic levels. Therefore, the growing number of working mothers is driving the growth of infant milk formula market.

How Do The Key Segment Classifications Define The Strategic Structure Of The Infant Milk Formula Market?
The infant milk formula market covered in this report is segmented –

1) By Product Type: Starting Milk Formula, Follow-On Milk Formula
2) By Target Consumer Group: Premature Infants, Lactose Intolerant, Infant with Allergies, Twins/Multiples, Low Birth Weight Babies, General Population
3) By Application: Specialty Stores, Supermarkets, Online Retail, Chemists Or Pharmacies Or Drugstores, Other Applications

Subsegments:
1) By Starting Milk Formula (0–6 months): Cow Milk-Based Formula, Soy-Based Formula, Hydrolyzed Protein Formula, Specialty Formula
2) By Follow-On Milk Formula (6–12 months): Cow Milk-Based Formula, Soy-Based Formula, Goat Milk-Based Formula, Probiotic Or Prebiotic-Enriched Formula

Which Trends Are Reshaping Growth Within The Infant Milk Formula Market?
Major companies operating in the infant milk formula market are focusing on advanced innovation, such as science-based growing-up milk solutions, to closely mimic the benefits of human breast milk, support early childhood development, and meet the evolving health and nutritional needs of infants and toddlers. Science-based growing-up milk solutions refer to formulas enriched with clinically validated ingredients such as HMOs, probiotics, and essential nutrients to support infants' immune, cognitive, and overall developmental health. For instance, in November 2023, Nestlé, a Switzerland-based food and beverage sector company, introduced its first growing-up milk formula with Human Milk Oligosaccharides (HMOs) in mainland China. This growing-up milk solution, manufactured in Suzhou, contains two major types of HMOs, including 2'Fucosyllactose (2'FL) and Lacto-N-(neo)tetraose (LNnT), and aims to support gut health, immune function, and cognitive development in infants. The launch follows China’s National Health Commission approval of HMO use in infant nutrition, reinforcing Nestlé's global leadership in nutrition science and expanding its HMO offerings in China.

Which Major Industry Players Are Recognized As Strong Influencers In The Infant Milk Formula Market?
Major companies operating in the infant milk formula market are Nestlé S.A., Pfizer Inc., Abbott Laboratories, Danone S.A., The Kraft Heinz Company, Arla Foods amba, Reckitt Benckiser Group plc, FrieslandCampina N.V., Meiji Holdings Co. Ltd., Perrigo Company plc, Morinaga Milk Industry Co. Ltd., Mead Johnson & Company LLC, The Hain Celestial Group Inc., Hero Group AG, Ausnutria Dairy Corporation Ltd., Biostime Inc., HiPP GmbH & Co. Vertrieb KG, Beingmate Baby & Child Food Co. Ltd., Synutra International Inc., Bellamy's Organic Pty Ltd.

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Which Region Currently Accounts For The Largest Share Of The Infant Milk Formula Market?
Europe was the largest region in the infant milk formula market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the infant milk formula market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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