Published by Coherent Market Insights
Posted on September 24, 2021
3 min readLast updated: February 2, 2026
The infant formula market is projected to grow significantly by 2027, driven by increasing working women and high birth rates in developing regions.
Infant formula is also referred to as a baby formula that has a rich nutritional value such as carbohydrates, vitamins, proteins, fats, and minerals. This formula is prepared for the baby for their overall development and provides crucial nutrients to the baby in the early phase of developments. Infant formula is suitable for children below 1 year of age.
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Statistics:
The global infant formula market is estimated to account for US$ 32,237.4 Mn in terms of value in 2019.
Drivers:
Driver 1
Increasing number of working women population is a prime factor driving the market growth of infant formula. Various women resume their jobs quickly after delivery and infant formula is ideal for these women as it is easy to prepare and consume lesser time. Moreover, infant’s formula have various nutrients values that are present in human breast milk which is further augmenting their adoption across consumers.
Driver 2
A high birth rate across developing regions is expected to foster the market growth of the infant formula. According to the Population Reference Bureau, the world population in 2015 was 7.3 billion and is estimated to increase to 9.8 billion by 2050. This will favor the market growth in the near future. Moreover, the two-child policy in China since 1 January 2016 is further expected to augment the market growth over the forecast timeframe.
egions is expected to foster the market growth of the infant formula market during the forecast period. Infant formula are available for various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula and special milk formula.
Market Dynamics
The global infant formula market has witnessed significant growth in recent past years, owing to the changing consumer lifestyles which have led to a shift in food preference. For instance, growing demand for processed and convenience foods is expected to fuel the growth of the global infant formula market during the forecast period.
Major players in the global infant formula market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula and special milk formula. This scenario is expected to fuel the market during the forecast period.
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Key features of the study:
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The post Infant Formula Market Size, Share, Growth Rate, Industry Analysis And Global Forecast – 2027 appeared first on Gatorledger.
The article discusses the growth and forecast of the global infant formula market up to 2027.
How does the working women population affect the infant formula market?
What are the key drivers for the infant formula market growth?
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