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Baby Formula- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Published Date: 2025-11-19   |   Pages: 161   |   Tables: 163   |  Food & Beverages

The global market for Baby Formula was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Baby Formula refers to products made from cow milk (goat milk) and its processed products as the main raw materials, added with appropriate amounts of vitamins, minerals and other auxiliary materials for consumption by infants (less than three years old)
Baby Formula has wide range of marketing channels, such as maternal stores, supermarkets/hypermarkets, online retail, and maternal stores was the most widely used area which took up about 48.83% of the Chinese market in 2019.
Chinese Baby Formula market now still dominated by international players, big players are from US and EU. Wyeth, Feihe, Danone, Friso, Mead Johnson & Company, etc. are top players in this industry, top 5 holds about 37.67 of the total Chinese market size.
This report aims to provide a comprehensive presentation of the global market for Baby Formula, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Baby Formula by region & country, by Type, and by Application.
The Baby Formula market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Formula.
Market Segmentation
By Company
Yili
Biostime
Yashili
Feihe
Brightdairy
Beingmate
Wonderson
Synutra
Wissun
Wyeth
Junlebao
Danone
Mead Johnson & Company
Abbott
Friso
Ausnutria
Nanshan
Hongxingmeiling
Sanyuan
Babybio
Yatai
Fineboon
YeePer
Segment by Type
Cow Milk Infant Formula
Goat Milk Infant Formula
Segment by Application
Maternal Stores
Supermarkets/Hypermarkets
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Baby Formula manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Baby Formula in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Baby Formula in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Research Methodology

The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:


Stage 1 SECONDARY RESEARCH

The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.

 

Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES

After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.

 

Stage 3 ANALYSIS OF THE GATHERED DATA

The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.

 

Stage 4 QUANTITATIVE DATA

The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.

 

Stage 5 QUALITY CONTROL

Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.

 

1 Market Overview
1.1 Baby Formula Product Introduction
1.2 Global Baby Formula Market Size Forecast
1.2.1 Global Baby Formula Sales Value (2020-2031)
1.2.2 Global Baby Formula Sales Volume (2020-2031)
1.2.3 Global Baby Formula Sales Price (2020-2031)
1.3 Baby Formula Market Trends & Drivers
1.3.1 Baby Formula Industry Trends
1.3.2 Baby Formula Market Drivers & Opportunity
1.3.3 Baby Formula Market Challenges
1.3.4 Baby Formula Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Baby Formula Players Revenue Ranking (2024)
2.2 Global Baby Formula Revenue by Company (2020-2025)
2.3 Global Baby Formula Players Sales Volume Ranking (2024)
2.4 Global Baby Formula Sales Volume by Company Players (2020-2025)
2.5 Global Baby Formula Average Price by Company (2020-2025)
2.6 Key Manufacturers Baby Formula Manufacturing Base and Headquarters
2.7 Key Manufacturers Baby Formula Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Baby Formula
2.9 Baby Formula Market Competitive Analysis
2.9.1 Baby Formula Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Baby Formula Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Baby Formula as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Cow Milk Infant Formula
3.1.2 Goat Milk Infant Formula
3.2 Global Baby Formula Sales Value by Type
3.2.1 Global Baby Formula Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Baby Formula Sales Value, by Type (2020-2031)
3.2.3 Global Baby Formula Sales Value, by Type (%) (2020-2031)
3.3 Global Baby Formula Sales Volume by Type
3.3.1 Global Baby Formula Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Baby Formula Sales Volume, by Type (2020-2031)
3.3.3 Global Baby Formula Sales Volume, by Type (%) (2020-2031)
3.4 Global Baby Formula Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Maternal Stores
4.1.2 Supermarkets/Hypermarkets
4.2 Global Baby Formula Sales Value by Application
4.2.1 Global Baby Formula Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Baby Formula Sales Value, by Application (2020-2031)
4.2.3 Global Baby Formula Sales Value, by Application (%) (2020-2031)
4.3 Global Baby Formula Sales Volume by Application
4.3.1 Global Baby Formula Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Baby Formula Sales Volume, by Application (2020-2031)
4.3.3 Global Baby Formula Sales Volume, by Application (%) (2020-2031)
4.4 Global Baby Formula Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Baby Formula Sales Value by Region
5.1.1 Global Baby Formula Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Baby Formula Sales Value by Region (2020-2025)
5.1.3 Global Baby Formula Sales Value by Region (2026-2031)
5.1.4 Global Baby Formula Sales Value by Region (%), (2020-2031)
5.2 Global Baby Formula Sales Volume by Region
5.2.1 Global Baby Formula Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Baby Formula Sales Volume by Region (2020-2025)
5.2.3 Global Baby Formula Sales Volume by Region (2026-2031)
5.2.4 Global Baby Formula Sales Volume by Region (%), (2020-2031)
5.3 Global Baby Formula Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Baby Formula Sales Value, 2020-2031
5.4.2 North America Baby Formula Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Baby Formula Sales Value, 2020-2031
5.5.2 Europe Baby Formula Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Baby Formula Sales Value, 2020-2031
5.6.2 Asia Pacific Baby Formula Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Baby Formula Sales Value, 2020-2031
5.7.2 South America Baby Formula Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Baby Formula Sales Value, 2020-2031
5.8.2 Middle East & Africa Baby Formula Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Baby Formula Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Baby Formula Sales Value
6.2.1 Key Countries/Regions Baby Formula Sales Value, 2020-2031
6.2.2 Key Countries/Regions Baby Formula Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Baby Formula Sales Value, 2020-2031
6.3.2 United States Baby Formula Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Baby Formula Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Baby Formula Sales Value, 2020-2031
6.4.2 Europe Baby Formula Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Baby Formula Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Baby Formula Sales Value, 2020-2031
6.5.2 China Baby Formula Sales Value by Type (%), 2024 VS 2031
6.5.3 China Baby Formula Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Baby Formula Sales Value, 2020-2031
6.6.2 Japan Baby Formula Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Baby Formula Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Baby Formula Sales Value, 2020-2031
6.7.2 South Korea Baby Formula Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Baby Formula Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Baby Formula Sales Value, 2020-2031
6.8.2 Southeast Asia Baby Formula Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Baby Formula Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Baby Formula Sales Value, 2020-2031
6.9.2 India Baby Formula Sales Value by Type (%), 2024 VS 2031
6.9.3 India Baby Formula Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Yili
7.1.1 Yili Company Information
7.1.2 Yili Introduction and Business Overview
7.1.3 Yili Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Yili Baby Formula Product Offerings
7.1.5 Yili Recent Development
7.2 Biostime
7.2.1 Biostime Company Information
7.2.2 Biostime Introduction and Business Overview
7.2.3 Biostime Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Biostime Baby Formula Product Offerings
7.2.5 Biostime Recent Development
7.3 Yashili
7.3.1 Yashili Company Information
7.3.2 Yashili Introduction and Business Overview
7.3.3 Yashili Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Yashili Baby Formula Product Offerings
7.3.5 Yashili Recent Development
7.4 Feihe
7.4.1 Feihe Company Information
7.4.2 Feihe Introduction and Business Overview
7.4.3 Feihe Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Feihe Baby Formula Product Offerings
7.4.5 Feihe Recent Development
7.5 Brightdairy
7.5.1 Brightdairy Company Information
7.5.2 Brightdairy Introduction and Business Overview
7.5.3 Brightdairy Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Brightdairy Baby Formula Product Offerings
7.5.5 Brightdairy Recent Development
7.6 Beingmate
7.6.1 Beingmate Company Information
7.6.2 Beingmate Introduction and Business Overview
7.6.3 Beingmate Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Beingmate Baby Formula Product Offerings
7.6.5 Beingmate Recent Development
7.7 Wonderson
7.7.1 Wonderson Company Information
7.7.2 Wonderson Introduction and Business Overview
7.7.3 Wonderson Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Wonderson Baby Formula Product Offerings
7.7.5 Wonderson Recent Development
7.8 Synutra
7.8.1 Synutra Company Information
7.8.2 Synutra Introduction and Business Overview
7.8.3 Synutra Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Synutra Baby Formula Product Offerings
7.8.5 Synutra Recent Development
7.9 Wissun
7.9.1 Wissun Company Information
7.9.2 Wissun Introduction and Business Overview
7.9.3 Wissun Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Wissun Baby Formula Product Offerings
7.9.5 Wissun Recent Development
7.10 Wyeth
7.10.1 Wyeth Company Information
7.10.2 Wyeth Introduction and Business Overview
7.10.3 Wyeth Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Wyeth Baby Formula Product Offerings
7.10.5 Wyeth Recent Development
7.11 Junlebao
7.11.1 Junlebao Company Information
7.11.2 Junlebao Introduction and Business Overview
7.11.3 Junlebao Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Junlebao Baby Formula Product Offerings
7.11.5 Junlebao Recent Development
7.12 Danone
7.12.1 Danone Company Information
7.12.2 Danone Introduction and Business Overview
7.12.3 Danone Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Danone Baby Formula Product Offerings
7.12.5 Danone Recent Development
7.13 Mead Johnson & Company
7.13.1 Mead Johnson & Company Company Information
7.13.2 Mead Johnson & Company Introduction and Business Overview
7.13.3 Mead Johnson & Company Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Mead Johnson & Company Baby Formula Product Offerings
7.13.5 Mead Johnson & Company Recent Development
7.14 Abbott
7.14.1 Abbott Company Information
7.14.2 Abbott Introduction and Business Overview
7.14.3 Abbott Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Abbott Baby Formula Product Offerings
7.14.5 Abbott Recent Development
7.15 Friso
7.15.1 Friso Company Information
7.15.2 Friso Introduction and Business Overview
7.15.3 Friso Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Friso Baby Formula Product Offerings
7.15.5 Friso Recent Development
7.16 Ausnutria
7.16.1 Ausnutria Company Information
7.16.2 Ausnutria Introduction and Business Overview
7.16.3 Ausnutria Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Ausnutria Baby Formula Product Offerings
7.16.5 Ausnutria Recent Development
7.17 Nanshan
7.17.1 Nanshan Company Information
7.17.2 Nanshan Introduction and Business Overview
7.17.3 Nanshan Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Nanshan Baby Formula Product Offerings
7.17.5 Nanshan Recent Development
7.18 Hongxingmeiling
7.18.1 Hongxingmeiling Company Information
7.18.2 Hongxingmeiling Introduction and Business Overview
7.18.3 Hongxingmeiling Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Hongxingmeiling Baby Formula Product Offerings
7.18.5 Hongxingmeiling Recent Development
7.19 Sanyuan
7.19.1 Sanyuan Company Information
7.19.2 Sanyuan Introduction and Business Overview
7.19.3 Sanyuan Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Sanyuan Baby Formula Product Offerings
7.19.5 Sanyuan Recent Development
7.20 Babybio
7.20.1 Babybio Company Information
7.20.2 Babybio Introduction and Business Overview
7.20.3 Babybio Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Babybio Baby Formula Product Offerings
7.20.5 Babybio Recent Development
7.21 Yatai
7.21.1 Yatai Company Information
7.21.2 Yatai Introduction and Business Overview
7.21.3 Yatai Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Yatai Baby Formula Product Offerings
7.21.5 Yatai Recent Development
7.22 Fineboon
7.22.1 Fineboon Company Information
7.22.2 Fineboon Introduction and Business Overview
7.22.3 Fineboon Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.22.4 Fineboon Baby Formula Product Offerings
7.22.5 Fineboon Recent Development
7.23 YeePer
7.23.1 YeePer Company Information
7.23.2 YeePer Introduction and Business Overview
7.23.3 YeePer Baby Formula Sales, Revenue, Price and Gross Margin (2020-2025)
7.23.4 YeePer Baby Formula Product Offerings
7.23.5 YeePer Recent Development
8 Industry Chain Analysis
8.1 Baby Formula Industrial Chain
8.2 Baby Formula Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Baby Formula Sales Model
8.5.2 Sales Channel
8.5.3 Baby Formula Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

List of Tables
Table 1. Baby Formula Market Trends
Table 2. Baby Formula Market Drivers & Opportunity
Table 3. Baby Formula Market Challenges
Table 4. Baby Formula Market Restraints
Table 5. Global Baby Formula Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Baby Formula Revenue Market Share by Company (2020-2025)
Table 7. Global Baby Formula Sales Volume by Company (2020-2025) & (Tons)
Table 8. Global Baby Formula Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Baby Formula Price by Company (2020-2025) & (US$/MT)
Table 10. Key Manufacturers Baby Formula Manufacturing Base and Headquarters
Table 11. Key Manufacturers Baby Formula Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Baby Formula
Table 13. Global Baby Formula Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Baby Formula as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Baby Formula Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Baby Formula Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Baby Formula Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Baby Formula Sales Market Share in Value by Type (2020-2025)
Table 20. Global Baby Formula Sales Market Share in Value by Type (2026-2031)
Table 21. Global Baby Formula Sales Volume by Type: 2020 VS 2024 VS 2031 (Tons)
Table 22. Global Baby Formula Sales Volume by Type (2020-2025) & (Tons)
Table 23. Global Baby Formula Sales Volume by Type (2026-2031) & (Tons)
Table 24. Global Baby Formula Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Baby Formula Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Baby Formula Price by Type (2020-2025) & (US$/MT)
Table 27. Global Baby Formula Price by Type (2026-2031) & (US$/MT)
Table 28. Global Baby Formula Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Baby Formula Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Baby Formula Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Baby Formula Sales Market Share in Value by Application (2020-2025)
Table 32. Global Baby Formula Sales Market Share in Value by Application (2026-2031)
Table 33. Global Baby Formula Sales Volume by Application: 2020 VS 2024 VS 2031 (Tons)
Table 34. Global Baby Formula Sales Volume by Application (2020-2025) & (Tons)
Table 35. Global Baby Formula Sales Volume by Application (2026-2031) & (Tons)
Table 36. Global Baby Formula Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Baby Formula Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Baby Formula Price by Application (2020-2025) & (US$/MT)
Table 39. Global Baby Formula Price by Application (2026-2031) & (US$/MT)
Table 40. Global Baby Formula Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Baby Formula Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Baby Formula Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Baby Formula Sales Value by Region (2020-2025) & (%)
Table 44. Global Baby Formula Sales Value by Region (2026-2031) & (%)
Table 45. Global Baby Formula Sales Volume by Region (Tons): 2020 VS 2024 VS 2031
Table 46. Global Baby Formula Sales Volume by Region (2020-2025) & (Tons)
Table 47. Global Baby Formula Sales Volume by Region (2026-2031) & (Tons)
Table 48. Global Baby Formula Sales Volume by Region (2020-2025) & (%)
Table 49. Global Baby Formula Sales Volume by Region (2026-2031) & (%)
Table 50. Global Baby Formula Average Price by Region (2020-2025) & (US$/MT)
Table 51. Global Baby Formula Average Price by Region (2026-2031) & (US$/MT)
Table 52. Key Countries/Regions Baby Formula Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Baby Formula Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Baby Formula Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Baby Formula Sales Volume, (2020-2025) & (Tons)
Table 56. Key Countries/Regions Baby Formula Sales Volume, (2026-2031) & (Tons)
Table 57. Yili Company Information
Table 58. Yili Introduction and Business Overview
Table 59. Yili Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 60. Yili Baby Formula Product Offerings
Table 61. Yili Recent Development
Table 62. Biostime Company Information
Table 63. Biostime Introduction and Business Overview
Table 64. Biostime Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 65. Biostime Baby Formula Product Offerings
Table 66. Biostime Recent Development
Table 67. Yashili Company Information
Table 68. Yashili Introduction and Business Overview
Table 69. Yashili Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 70. Yashili Baby Formula Product Offerings
Table 71. Yashili Recent Development
Table 72. Feihe Company Information
Table 73. Feihe Introduction and Business Overview
Table 74. Feihe Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 75. Feihe Baby Formula Product Offerings
Table 76. Feihe Recent Development
Table 77. Brightdairy Company Information
Table 78. Brightdairy Introduction and Business Overview
Table 79. Brightdairy Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 80. Brightdairy Baby Formula Product Offerings
Table 81. Brightdairy Recent Development
Table 82. Beingmate Company Information
Table 83. Beingmate Introduction and Business Overview
Table 84. Beingmate Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 85. Beingmate Baby Formula Product Offerings
Table 86. Beingmate Recent Development
Table 87. Wonderson Company Information
Table 88. Wonderson Introduction and Business Overview
Table 89. Wonderson Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 90. Wonderson Baby Formula Product Offerings
Table 91. Wonderson Recent Development
Table 92. Synutra Company Information
Table 93. Synutra Introduction and Business Overview
Table 94. Synutra Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 95. Synutra Baby Formula Product Offerings
Table 96. Synutra Recent Development
Table 97. Wissun Company Information
Table 98. Wissun Introduction and Business Overview
Table 99. Wissun Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 100. Wissun Baby Formula Product Offerings
Table 101. Wissun Recent Development
Table 102. Wyeth Company Information
Table 103. Wyeth Introduction and Business Overview
Table 104. Wyeth Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 105. Wyeth Baby Formula Product Offerings
Table 106. Wyeth Recent Development
Table 107. Junlebao Company Information
Table 108. Junlebao Introduction and Business Overview
Table 109. Junlebao Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 110. Junlebao Baby Formula Product Offerings
Table 111. Junlebao Recent Development
Table 112. Danone Company Information
Table 113. Danone Introduction and Business Overview
Table 114. Danone Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 115. Danone Baby Formula Product Offerings
Table 116. Danone Recent Development
Table 117. Mead Johnson & Company Company Information
Table 118. Mead Johnson & Company Introduction and Business Overview
Table 119. Mead Johnson & Company Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 120. Mead Johnson & Company Baby Formula Product Offerings
Table 121. Mead Johnson & Company Recent Development
Table 122. Abbott Company Information
Table 123. Abbott Introduction and Business Overview
Table 124. Abbott Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 125. Abbott Baby Formula Product Offerings
Table 126. Abbott Recent Development
Table 127. Friso Company Information
Table 128. Friso Introduction and Business Overview
Table 129. Friso Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 130. Friso Baby Formula Product Offerings
Table 131. Friso Recent Development
Table 132. Ausnutria Company Information
Table 133. Ausnutria Introduction and Business Overview
Table 134. Ausnutria Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 135. Ausnutria Baby Formula Product Offerings
Table 136. Ausnutria Recent Development
Table 137. Nanshan Company Information
Table 138. Nanshan Introduction and Business Overview
Table 139. Nanshan Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 140. Nanshan Baby Formula Product Offerings
Table 141. Nanshan Recent Development
Table 142. Hongxingmeiling Company Information
Table 143. Hongxingmeiling Introduction and Business Overview
Table 144. Hongxingmeiling Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 145. Hongxingmeiling Baby Formula Product Offerings
Table 146. Hongxingmeiling Recent Development
Table 147. Sanyuan Company Information
Table 148. Sanyuan Introduction and Business Overview
Table 149. Sanyuan Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 150. Sanyuan Baby Formula Product Offerings
Table 151. Sanyuan Recent Development
Table 152. Babybio Company Information
Table 153. Babybio Introduction and Business Overview
Table 154. Babybio Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 155. Babybio Baby Formula Product Offerings
Table 156. Babybio Recent Development
Table 157. Yatai Company Information
Table 158. Yatai Introduction and Business Overview
Table 159. Yatai Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 160. Yatai Baby Formula Product Offerings
Table 161. Yatai Recent Development
Table 162. Fineboon Company Information
Table 163. Fineboon Introduction and Business Overview
Table 164. Fineboon Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 165. Fineboon Baby Formula Product Offerings
Table 166. Fineboon Recent Development
Table 167. YeePer Company Information
Table 168. YeePer Introduction and Business Overview
Table 169. YeePer Baby Formula Sales (Tons), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
Table 170. YeePer Baby Formula Product Offerings
Table 171. YeePer Recent Development
Table 172. Key Raw Materials Lists
Table 173. Raw Materials Key Suppliers Lists
Table 174. Baby Formula Downstream Customers
Table 175. Baby Formula Distributors List
Table 176. Research Programs/Design for This Report
Table 177. Key Data Information from Secondary Sources
Table 178. Key Data Information from Primary Sources


List of Figures
Figure 1. Baby Formula Product Picture
Figure 2. Global Baby Formula Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Baby Formula Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Baby Formula Sales Volume (2020-2031) & (Tons)
Figure 5. Global Baby Formula Sales Price (2020-2031) & (US$/MT)
Figure 6. Baby Formula Report Years Considered
Figure 7. Global Baby Formula Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Baby Formula Players Sales Volume Ranking (2024) & (Tons)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Baby Formula Revenue in 2024
Figure 10. Baby Formula Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Cow Milk Infant Formula Picture
Figure 12. Goat Milk Infant Formula Picture
Figure 13. Global Baby Formula Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Baby Formula Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Baby Formula Sales Volume by Type (2020 VS 2024 VS 2031) & (Tons)
Figure 16. Global Baby Formula Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Baby Formula Price by Type (2020-2031) & (US$/MT)
Figure 18. Product Picture of Maternal Stores
Figure 19. Product Picture of Supermarkets/Hypermarkets
Figure 20. Global Baby Formula Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 21. Global Baby Formula Sales Value Market Share by Application, 2024 & 2031
Figure 22. Global Baby Formula Sales Volume by Application (2020 VS 2024 VS 2031) & (Tons)
Figure 23. Global Baby Formula Sales Volume Market Share by Application, 2024 & 2031
Figure 24. Global Baby Formula Price by Application (2020-2031) & (US$/MT)
Figure 25. North America Baby Formula Sales Value (2020-2031) & (US$ Million)
Figure 26. North America Baby Formula Sales Value by Country (%), 2024 VS 2031
Figure 27. Europe Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 28. Europe Baby Formula Sales Value by Country (%), 2024 VS 2031
Figure 29. Asia Pacific Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 30. Asia Pacific Baby Formula Sales Value by Region (%), 2024 VS 2031
Figure 31. South America Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 32. South America Baby Formula Sales Value by Country (%), 2024 VS 2031
Figure 33. Middle East & Africa Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 34. Middle East & Africa Baby Formula Sales Value by Country (%), 2024 VS 2031
Figure 35. Key Countries/Regions Baby Formula Sales Value (%), (2020-2031)
Figure 36. Key Countries/Regions Baby Formula Sales Volume (%), (2020-2031)
Figure 37. United States Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 38. United States Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 39. United States Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 40. Europe Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 41. Europe Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 42. Europe Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 43. China Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 44. China Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 45. China Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 46. Japan Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 47. Japan Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 48. Japan Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 49. South Korea Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 50. South Korea Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 51. South Korea Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 52. Southeast Asia Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 53. Southeast Asia Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 54. Southeast Asia Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 55. India Baby Formula Sales Value, (2020-2031) & (US$ Million)
Figure 56. India Baby Formula Sales Value by Type (%), 2024 VS 2031
Figure 57. India Baby Formula Sales Value by Application (%), 2024 VS 2031
Figure 58. Baby Formula Industrial Chain
Figure 59. Baby Formula Manufacturing Cost Structure
Figure 60. Channels of Distribution (Direct Sales, and Distribution)
Figure 61. Bottom-up and Top-down Approaches for This Report
Figure 62. Data Triangulation
Figure 63. Key Executives Interviewed

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