Global Cow Milk Infant Formula Market Insights and Forecast to 2028

Infant formula milk powder, also called cow milk infant formula, is a manufactured food designed and marketed for feeding to babies and infants, usually prepared for bottle-feeding or cup-feeding from milk powder (mixed with water). The U.S. Federal Food, Drug, and Cosmetic Act(FFDCA) defines infant formula as "a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk".
Market Analysis and Insights: Global Cow Milk Infant Formula Market
Due to the COVID-19 pandemic, the global Cow Milk Infant Formula market size is estimated to be worth US$ 22640 million in 2022 and is forecast to a readjusted size of US$ 27200 million by 2028 with a CAGR of 3.1% during the review period. Fully considering the economic change by this health crisis, Regular Infant Formula accounting for % of the Cow Milk Infant Formula global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Infant Formula segment is altered to an % CAGR throughout this forecast period.
The major players in global Cow Milk Infant Formula market include Mead Johnson, Danone, Nestle, etc. The top 3 players occupy about 35% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. Regular Infant Formula is the main type, with a share about 85%. Follow-on Formula is the main application, which holds a share about 55%.
Global Cow Milk Infant Formula Scope and Segment
Cow Milk Infant Formula market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Cow Milk Infant Formula market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Regular Infant Formula
Specialty Infant Formula
Segment by Application
Infant Formula
Follow-on Formula
Growing-up Formula
By Company
Mead Johnson
Nestle
Danone
Abbott
FrieslandCampina
Heinz
Bellamy
Topfer
HiPP
Perrigo
Arla
Holle
Fonterra
Westland Dairy
Pinnacle
Meiji
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE