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The global soy-based infant formula market is expected to grow in the forecast period of 2024-2032 at a CAGR of 3.5%. The market is driven by the rising demand for organic infant formulas.
Soy-Based Infant Formula Market Size
Soy-Based Infant Formula Market Analysis
Soy-Based Infant Formula Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Soy-Based Infant Formula Market Analysis
8.1 Key Industry Highlights
8.2 Global Soy-Based Infant Formula Historical Market (2018-2023)
8.3 Global Soy-Based Infant Formula Market Forecast (2024-2032)
8.4 Global Soy-Based Infant Formula Market by Application
8.4.1 12-36 Months
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 6-12 Months
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 0-6 Months
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Soy-Based Infant Formula Market by Region
8.5.1 North America
8.5.2 Europe
8.5.3 Asia Pacific
8.5.4 Latin America
8.5.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Abbott Laboratories
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nestlé SA
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Reckitt Benckiser Group Plc
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Soy-Based Infant Formula Market: Key Industry Highlights, 2018 and 2032
2. Global Soy-Based Infant Formula Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Soy-Based Infant Formula Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Soy-Based Infant Formula Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Soy-Based Infant Formula Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Soy-Based Infant Formula Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Soy-Based Infant Formula Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Soy-Based Infant Formula Market Structure
The global soy-based infant formula market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The industry is being driven by the rise in the number of working women, rise in the awareness among consumers about the brand name, safety and nutrition, increase in the disposable income, rise in the demand from emerging economies, and increase in the availability of breastmilk banks.
The key trends augmenting the market’s expansion are the increased parental concerns about the harmful chemical additions in store-bought infant meals and the rising demand for organic infant formulas.
The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The market is segmented on the basis of applications into 12-36 months, 6-12 months, and 0-6 months.
The major players in the industry are Abbott Laboratories, Nestlé SA, and Reckitt Benckiser Group Plc, among others.
The global soy-based infant formula market is being driven by the increased demand for organic infant formula in the historical period. Aided by the rise in demand for healthier, chemical-free alternatives and rise in awareness among consumers, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the global soy-based infant formula industry can be segmented into 12-36 months, 6-12 months, and 0-6 months. The major regional markets for soy-based infant formula are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include Abbott Laboratories, Nestlé SA, and Reckitt Benckiser Group Plc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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