유아용 우유 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Baby Milk Market was valued at USD 16.5 billion in 2024 and is estimated to grow at a CAGR of 5.4% to reach USD 27.7 billion by 2034. This market helps in supporting infant nutrition, especially for mothers who are unable or choose not to breastfeed. The category includes various formulations such as infant formula (for babies up to 6 months), follow-on formula (6 to 12 months), growing-up milk (12 to 36 months), and specialized products developed for lactose intolerance, premature birth, and other sensitive health needs. These milk products are scientifically engineered to simulate breast milk, delivering essential nutrients such as carbohydrates, fats, proteins, vitamins, and minerals necessary for healthy growth. The market's momentum is being fueled by higher rates of working mothers, improved access to products through digital and retail platforms, and growing interest in clean-label and organic alternatives.

Evolving consumer preferences are reshaping the baby milk category, pushing companies to deliver safe, efficient, and nutrient-rich options that align with health-conscious parenting. Today's caregivers are not only looking for basic nutrition but are increasingly concerned about product transparency, clean labels, organic sourcing, and the absence of artificial additives. This shift has led manufacturers to reformulate offerings with non-GMO ingredients, probiotics for gut health, and formulas tailored to specific needs such as lactose intolerance, allergies, or premature birth. Parents are now more informed and demand products backed by clinical research and medical endorsements.

The infant formula segment held a 40.2% share in 2024 and is anticipated to maintain its leadership, growing at a CAGR of 5.6% through 2034. Parents rely heavily on this segment during the initial six months of life when infants are most vulnerable and need a carefully balanced nutritional solution. These formulas are crafted to deliver complete nourishment, closely mimicking the key nutrients found in breast milk. With health awareness rising among caregivers, demand for high-quality and medically approved infant formula remains a strong driver for the category, especially in urban households.

The carbohydrates segment held a 28.1% share in 2024 and is projected to rise at a 5.5% CAGR by 2034. Lactose, the primary carbohydrate in most baby milk formulas, serves as a critical energy source and supports vital functions such as brain development and healthy gut flora. It also plays a role in enhancing calcium absorption and promoting skeletal development. While other ingredients such as proteins, vitamins, fats, and prebiotics are essential for immune defense, metabolic function, and tissue repair, carbohydrates remain central due to their foundational contribution to infant growth. Their synergistic effect with other nutrients underscores their continued prominence in product formulations.

United States Baby Milk Market generated USD 3.9 billion in 2024 and is projected to grow at a 4.4% CAGR by 2034. The U.S. benefits from a mature formula manufacturing sector, wide-scale product accessibility, and a highly informed consumer base. Demand remains consistently high for both standard and specialized formulas, driven by evolving dietary needs and strong product availability. The presence of established players such as Abbott Laboratories, Nestle, and Mead Johnson (Reckitt) continues to influence innovation cycles and supply chain strength, making the U.S. a cornerstone of the baby milk industry in the region.

Key companies shaping the Global Baby Milk Market include Abbott Laboratories, Arla Foods Amba, Bellamy's Organic, Biostime (H&H Group), and Ausnutria Dairy Corporation Ltd. To reinforce their position, leading players in the baby milk sector are leveraging strategies that focus on product innovation, regulatory alignment, and consumer education. Many are investing in R&D to introduce formulations fortified with probiotics, organic ingredients, and allergen-free components. Companies are also working to expand their distribution reach by strengthening partnerships with e-commerce platforms, pharmacies, and healthcare networks. Sustainability initiatives around packaging and clean-label certifications have become key differentiators, especially among health-conscious parents.

Table of Contents

Chapter 1 Methodology

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Product type
  • 2.2.3 Ingredients type
  • 2.2.4 Form
  • 2.2.5 Source
  • 2.2.6 Nature
  • 2.2.7 Distribution channel
• 2.3 TAM Analysis, 2025-2034
• 2.4 CXO perspectives: Strategic imperatives
  • 2.4.1 Executive decision points
  • 2.4.2 Critical success factors
• 2.5 Future Outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier Landscape
  • 3.1.2 Profit Margin
  • 3.1.3 Value addition at each stage
  • 3.1.4 Factor affecting the value chain
  • 3.1.5 Disruptions
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
  • 3.2.2 Industry pitfalls and challenges
  • 3.2.3 Market opportunities
• 3.3 Growth potential analysis
• 3.4 Regulatory landscape
  • 3.4.1 North America
  • 3.4.2 Europe
  • 3.4.3 Asia Pacific
  • 3.4.4 Latin America
  • 3.4.5 Middle East & Africa
• 3.5 Porter's analysis
• 3.6 PESTEL analysis
  • 3.6.1 Technology and innovation landscape
  • 3.6.2 Current technological trends
  • 3.6.3 Emerging technologies
• 3.7 Price trends
  • 3.7.1 By region
  • 3.7.2 By product
• 3.8 Future market trends
• 3.9 Technology and Innovation landscape
  • 3.9.1 Current technological trends
  • 3.9.2 Emerging technologies
• 3.10 Patent landscape
• 3.11 Trade statistics (HS code) (Note: the trade statistics will be provided for key countries only)
  • 3.11.1 Major importing countries
  • 3.11.2 Major exporting countries
• 3.12 Sustainability and environmental aspects
  • 3.12.1 Sustainable practices
  • 3.12.2 Waste reduction strategies
  • 3.12.3 Energy efficiency in production
  • 3.12.4 Eco-friendly initiatives
• 3.13 Social responsibility initiatives
  • 3.13.1 Ethical marketing practices
  • 3.13.2 Maternal & infant health programs
  • 3.13.3 Community engagement
  • 3.13.4 Labor practices & human rights
• 3.14 Governance & transparency
  • 3.14.1 Corporate governance structures
  • 3.14.2 Ethical business practices
  • 3.14.3 Supply chain transparency
  • 3.14.4 Stakeholder engagement
• 3.15 Sustainability certifications & standards
• 3.16 ESG investment trends
• 3.17 Future of sustainable baby milk production
• 3.18 Emerging technologies & innovations
  • 3.18.1 Innovations in formula composition
    • 3.18.1.1 Human milk oligosaccharides (hmos)
    • 3.18.1.2 Milk fat globule membrane (mfgm)
    • 3.18.1.3 Probiotics & prebiotics
    • 3.18.1.4 Plant-based formulations
  • 3.18.2 Manufacturing & processing innovations
    • 3.18.2.1 Advanced drying technologies
    • 3.18.2.2 Aseptic processing
    • 3.18.2.3 Quality control innovations
  • 3.18.3 Digital transformation in production & supply chain
    • 3.18.3.1 Industry 4.0 applications
    • 3.18.3.2 Blockchain for traceability
    • 3.18.3.3 Ai & machine learning applications
  • 3.18.4 Packaging innovations
    • 3.18.4.1 Sustainable packaging materials
    • 3.18.4.2 Smart packaging technologies
    • 3.18.4.3 Convenience-focused packaging
• 3.19 Digital transformation & e-commerce trends
  • 3.19.1 market overview
  • 3.19.2 Omnichannel strategies & implementation
  • 3.19.3 Direct-to-consumer (D2C) business models
  • 3.19.4 Subscription services & auto-replenishment
  • 3.19.5 Digital marketing strategies
    • 3.19.5.1 Social media marketing
    • 3.19.5.2 Influencer partnerships
    • 3.19.5.3 Content marketing
    • 3.19.5.4 Mobile marketing
  • 3.19.6 Digital platforms & marketplaces analysis
  • 3.19.7 Future of digital commerce in baby milk market
• 3.20 Consumer behavior analysis
  • 3.20.1 Purchase decision factors
  • 3.20.2 Brand loyalty & switching behavior
  • 3.20.3 Price sensitivity analysis
  • 3.20.4 Channel preferences & omnichannel behavior
  • 3.20.5 Demographic influence on purchasing patterns

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 By region
    • 4.2.1.1 North America
    • 4.2.1.2 Europe
    • 4.2.1.3 Asia Pacific
    • 4.2.1.4 LATAM
    • 4.2.1.5 MEA
• 4.3 Company matrix analysis
• 4.4 Competitive analysis of major market players
• 4.5 Competitive positioning matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans

Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2034 (USD Million) (Kilo Tons)

• 5.1 Key trend
• 5.2 Infant formula (0-6 months)
• 5.3 Follow-on formula (6-12 months)
• 5.4 Growing-up formula (12-36 months)
• 5.5 Specialty baby formula
  • 5.5.1 Hypoallergenic formula
  • 5.5.2 Lactose-free formula
  • 5.5.3 Premature baby formula
  • 5.5.4 Other specialty formulas

Chapter 6 Market Estimates & Forecast, By Ingredient Type, 2021-2034 (USD Million) (Kilo Tons)

• 6.1 Key trend
• 6.2 Carbohydrates
• 6.3 Fats
• 6.4 Proteins
• 6.5 Vitamins & minerals
• 6.6 Prebiotics & probiotics
• 6.7 Others

Chapter 7 Market Estimates & Forecast, By Form, 2021-2034 (USD Million) (Kilo Tons)

• 7.1 Key trend
• 7.2 Powder
• 7.3 Liquid concentrate
• 7.4 Ready-to-feed

Chapter 8 Market Estimates & Forecast, By Source, 2021-2034 (USD Million) (Kilo Tons)

• 8.1 Key trend
• 8.2 Cow milk based
• 8.3 Soy based
• 8.4 Goat milk based
• 8.5 Other plant-based alternatives

Chapter 9 Market Estimates & Forecast, By Nature, 2021-2034 (USD Million) (Kilo Tons)

• 9.1 Key trend
• 9.2 Conventional
• 9.3 Organic
• 9.4 Non-GMO

Chapter 10 Market Estimates & Forecast, By Distribution Channel, 2021-2034 (USD Million) (Kilo Tons)

• 10.1 Key trend
• 10.2 Hypermarkets & supermarkets
• 10.3 Pharmacies & drug stores
• 10.4 Convenience stores
• 10.5 Online retail
  • 10.5.1 E-commerce platforms
  • 10.5.2 Direct-to-consumer websites
  • 10.5.3 Subscription services
• 10.6 Specialty stores
• 10.7 Others

Chapter 11 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Kilo Tons)

• 11.1 Key trends
• 11.2 North America
  • 11.2.1 U.S.
  • 11.2.2 Canada
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 France
  • 11.3.4 Italy
  • 11.3.5 Spain
• 11.4 Asia Pacific
  • 11.4.1 China
  • 11.4.2 India
  • 11.4.3 Japan
  • 11.4.4 Australia
  • 11.4.5 South Korea
• 11.5 Latin America
  • 11.5.1 Brazil
  • 11.5.2 Mexico
  • 11.5.3 Argentina
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 South Africa
  • 11.6.3 UAE

Chapter 12 Company Profiles

• 12.1 Arla Foods amba
• 12.2 Ausnutria Dairy Corporation Ltd.
• 12.3 Abbott Laboratories
• 12.4 Bellamy's Organic
• 12.5 Biostime (H&H Group)
• 12.6 Bobbie
• 12.7 Bubs Australia Limited
• 12.8 ByHeart
• 12.9 China Feihe Limited
• 12.10 Danone S.A.
• 12.11 FrieslandCampina N.V.
• 12.12 Hipp GmbH & Co. Vertrieb KG
• 12.13 Holle Baby Food AG
• 12.14 Kendamil
• 12.15 Mengniu Dairy
• 12.16 Morinaga Milk Industry Co., Ltd.
• 12.17 Nestle S.A.
• 12.18 Perrigo Company plc
• 12.19 Reckitt Benckiser Group plc (Mead Johnson)
• 12.20 Yili Group