In global market, the consumption of formula milk powder increases from 2233 K MT in 2012 to 2656 K MT in 2016, at a CAGR of more than 4.43%. In 2016, the global formula milk powder market is led by Asia-Pacific, capturing about 56.26% of global formula milk powder consumption. Europe is the second-largest region-wise market with 21.46% global consumption share.
Formula milk powder downstream is suit for 1-3 year old infants and adult (student, pregnant women, the elderly, etc.). National policy and media exposure may limit some brand development. Once a certain brand of milk powder has been exposed quality issues, it will receive a deadly sales impact. Therefore, it seems that formula milk powder market is always changing.
The global Infant Formula Milk Powder market is valued at 27700 million US$ in 2017 and will reach 35000 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.
The major manufacturers covered in this report
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Whole Milk Powder
Skimmed Milk Powder
By Application, the market can be split into
0-6 Months Baby
6-12 Months Baby
12-36 Months Baby
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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