Liquid Concentrate Baby Formulas Market size was valued at USD 5.1 Billion in 2024 and is projected to reach USD 8.3 Billion by 2033, exhibiting a CAGR of 6.5% from 2026 to 2033.
In 2022, the global liquid concentrate baby formulas market was valued at approximately USD 5.2 billion, with projections indicating growth to around USD 8.7 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 6.8%. North America led the market, accounting for approximately 35% of the total revenue, followed by Asia Pacific at 30%, Europe at 25%, Latin America at 7%, and the Middle East & Africa at 3%. The Asia Pacific region emerged as the fastest growing market, driven by increasing demand and expanding market infrastructure. The "Standard" liquid concentrate baby formula segment dominated in 2023, capturing around 50% of the market share, while the "Organic" segment, reflecting a growing parental preference for natural products, contributed 25%. The "0 6 Month Infant" application segment represented the largest market share at approximately 45% in 2023, due to the high nutritional needs during early infant development. The "6 12 Month Infant" segment is projected to grow at the fastest rate during the forecast period, driven by the growing preference for liquid concentrates as infants begin transitioning to solid foods. Overall, the markets expansion is fueled by rising parental awareness regarding infant nutrition, an increase in dual income households, and a growing infant population, collectively contributing to the burgeoning demand for convenient and nutritious feeding options.
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Nestle
Mead Johnson＆Company，LLC
Abbott
Feihe
Yili
Mengniu
Biostime
Beingmate
Synutra International Inc
Wondersun
Wissun
Shijiazhuang Junlebao Dairy Co.
Ltd.
Brightdairy Dairy Co.
Ltd
Sanyuan Group
Yinqiao Group
Longdan Dairy
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Liquid Concentrate Baby Formulas Market
Powdered Liquid Concentrate
Ready-to-Feed Liquid Concentrate
Infants (0-6 months)
Infants (6-12 months)
Toddlers (12-36 months)
Cow Milk-Based Formula
Soy Protein-Based Formula
Protein Hydrolysate Formula
Lactose-Free Formula
Organic Formula
Supermarkets/Hypermarkets
Online Retailers
Pharmacies/Drug Stores
Convenience Stores
Glass Bottles
Plastic Bottles
Carton Packs
Canisters
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Liquid Concentrate Baby Formulas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Liquid Concentrate Baby Formulas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Liquid Concentrate Baby Formulas Market, By Type
6. Global Liquid Concentrate Baby Formulas Market, By Application
7. Global Liquid Concentrate Baby Formulas Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Liquid Concentrate Baby Formulas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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