Global Infant Formula Milk Powder Market Forecast, Analysis, Demand by 2023

Infant formula milk powder is prepared by vaporizing the liquid content from milk. Infant formula milk powder is a complex combination of sugars, iron, vitamins, and proteins, and is manufactured under highly sterile conditions. It is a substitute for breast milk and it covers the whole age span from 0-3 years. Infant formula milk powder is usually prepared for cup feeding and bottle feeding. Further, infant formula milk powder provides added fortified nutrients, along with benefits like comfort, easy to measure, and others.

Moreover, mothers who are not in a condition to feed milk to their babies can use infant milk powder that provides the maximum benefits to their babies. However, infant formula milk powder lacks the important antibodies provided by breast milk that help babies fight against various bacterial infections. In addition to this, infant formula milk powder products are usually expensive and can never replicate mother’s milk, which obstructs the infant formula milk powder market.


Based on the distribution channel, the offline channel segment dominated the market owing to a rise in the shares of supermarket. Supermarkets enable consumers to physically examine the product quality and also allow them to interact with the seller. In terms of applications, the babies in first stage segment witnessed significant growth in 2018, as babies in this stage are more dependent on mothers’ milk but due to some medical conditions they are deprived from it. Hence, they are given infant formula milk powder which is capable of providing the required nutrients such as proteins, vitamins, lactose, and fats to infants. Owing to these factors, there is a rise in demand for infant formula milk powder among the first stage (0-6months) babies.

Table Of Content

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach


1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope

Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Infant Formula Milk Powder Market, 2016-2023, (Units) (US$ Mn)
2.1 Market Snapshot: Global Infant Formula Milk Powder Market
2.2 Market Dynamics
2.3 Global Infant Formula Milk Powder Market, by Segment, 2018
2.3.1 Global Infant Formula Milk Powder Market, by Distribution Channel, 2018, (Units) (US$ Mn)
2.3.2 Global Infant Formula Milk Powder Market, by Application, 2018, (Units) (US$ Mn)
2.3.3 Global Infant Formula Milk Powder Market, by Region, 2018 (Units) (US$ Mn)
2.4 Premium Insights
2.4.1 Infant Formula Milk Powder Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Infant Formula Milk Powder Market: Regional Life Cycle Analysis


Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 The increasing number of women working population.
3.2.1 The rise in spending on infant premium nutrition.
3.2.2 Driver 3
3.3 Market Restraints
3.3.1 The high cost of infant formula milk powder.
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Growing demand for infant formula milk powder by babies in first stage.
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis

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Name: Steven Samuel
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Website: https://www.ozonemarketreports.com/

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