Infant Nutrition Market Size Analysis and Top Companies
The global infant nutrition market size is estimated to hit around USD 130.08 billion by 2033 from USD 54.54 billion in 2024 with a CAGR of 10.14% from 2024 to 2033. The top companies operating in the infant nutrition market are Nestle S.A., Danone SA, Abbott, Arla Foods amba, Yili Group, The Kraft Heinz Company, Bellamy's Organic, Perrigo Company plc, Reckitt Benckiser Group plc., Royal Friesland Campina N.V., and others.
Market Scope
Report Coverage |
Details |
Market Size in 2024 |
USD 54.54 Billion |
Market Size by 2034 |
USD 143.27 Billion |
Growth Rate from 2024 to 2034 |
CAGR of 10.14%% |
Base Year |
2023 |
Forecast Period |
2024 to 2034 |
Segments Covered |
By Type and By Distribution Channel |
Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Infant Nutrition Market Companies
- Nestle S.A.
- Danone SA
- Abbott
- Arla Foods amba
- Yili Group
- The Kraft Heinz Company
- Bellamy's Organic
- Perrigo Company plc
- Reckitt Benckiser Group plc.
- Royal Friesland Campina N.V.
Recent Developments
- Arla food ingredients launched easy digest whey protein which is a new product for infants in the year 2019. This product is made by changing the content of protein and it will help in reducing gastrointestinal problems in the infants.
- One of the best alternatives for breast milk was found by university of Kyoto and Technical University of Denmark in 2019 and it contains similar amounts of sugar that can be administered to babies who are lactating.
- GlycoSyn and BASF associated for the production of child nutrition food products. This association aims at the commercialization and development of HMO.
- Organic formula food for toddlers was launched in the year 2020 by a distributor and producer Else nutrition. This organization makes use of clean ingredients and makes plant-based food products. The formula is made of tapioca, buckwheat and almonds.
- Karicare toddler is a new product launched by Danone in the year 2019 and the company launched this newly innovated product made with sheep milk from New Zealand.
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