Follow On Formula Milk Market

By Product;

Powdered Formula, Liquid Formula and Ready-To-Use Formula

By Nutritional Composition;

Standard Follow-On Formula, Organic Follow-On Formula, Specialty Follow-On Formula and Non-Milk Based Formula

By Distribution Channel;

Supermarkets & Hypermarkets, Specialty Stores, Online Retail and Pharmacies

By Packaging;

Cans, Pouches and Tetra Packs

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn425023265 Published Date: August, 2025 Updated Date: September, 2025

Follow On Formula Milk Market Overview

Follow On Formula Milk Market (USD Million)

Follow On Formula Milk Market was valued at USD 21040.18 million in the year 2024. The size of this market is expected to increase to USD 29605.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Follow On Formula Milk Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 21040.18 Million
Market Size (2031)USD 29605.65 Million
Market ConcentrationMedium
Report Pages375
21040.18
2024
29605.65
2031

Major Players

  • The Hain Celestial Group.
  • Vertrieb KG
  • Abbott Laboratories
  • Reckitt Benckiser
  • Campbell Soups
  • HiPP GmbH & Co.
  • Nestle S.A.
  • Dana Dairy Group Ltd
  • Danone SA
  • Gerber Products Company
  • Arla Foods Amba
  • D-Signstore

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Follow On Formula Milk Market

Fragmented - Highly competitive market without dominant players


The Follow On Formula Milk Market is witnessing consistent growth as parents look for balanced nutritional alternatives beyond breastfeeding. Currently, follow-on formulas make up close to 40% of infant nutrition sales. Packed with essential vitamins and minerals, they are widely chosen for supporting healthy infant development.

Enhanced Nutritional Fortification
Manufacturers are increasingly adding micronutrients like iron, calcium, and omega-3 to formula milk, improving its role in infant nutrition. Research indicates that around 45% of available formulas now include fortified blends to strengthen cognitive and immune health. This focus on enrichment is driving widespread consumer adoption.

Rising Preference for Premium Offerings
Parents are showing stronger demand for premium and specialized formulas, including organic and allergen-free products. Reports suggest that nearly 50% of buyers now prefer such customized nutrition solutions for infants. This trend underlines the growing importance of follow-on formula in delivering personalized nourishment.

Innovation in Processing Techniques
The market is advancing with improved formulations and bioactive components designed for better digestibility. Studies reveal that about 35% of new product introductions incorporate advanced technologies for enhanced absorption and nutrient stability. These innovations are raising product quality and building higher consumer confidence.

Future Market Prospects
With rising awareness about infant nutrition and fortified feeding solutions, the follow-on formula market shows strong growth potential. Present insights indicate that over 55% of producers are developing advanced formula ranges to meet evolving needs. This positions the market for continued long-term expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Ingredient
    4. Market Snapshot, By Flavors
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Follow On Formula Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infant population growth
        2. Increasing disposable incomes
        3. Convenience and nutrition benefits
        4. Urbanization and changing lifestyles
        5. Rising awareness about infant nutrition
      2. Restraints
        1. Regulatory challenges
        2. High production costs
        3. Cultural preferences for breastfeeding
        4. Health concerns and allergies
        5. Environmental impact concerns
      3. Opportunities
        1. Emerging markets expansion
        2. Product innovation and development
        3. Online retailing growth
        4. Increasing health consciousness
        5. Pediatrician endorsements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Follow On Formula Milk Market, By Form, 2021 - 2031 (USD Million)
      1. Ready To Feed
      2. Powder
    2. Follow On Formula Milk Market, By Product Type, 2021 - 2031 (USD Million)

      1. Standard Follow On Formula

      2. Organic Follow On Formula

      3. Specialized Follow On Formula

    3. Follow On Formula Milk Market, By Ingredient, 2021 - 2031 (USD Million)
      1. Minerals
      2. Carbohydrates
      3. Vitamins
      4. Proteins
      5. Others
    4. Follow On Formula Milk Market, By Flavors, 2021 - 2031 (USD Million)
      1. Unflavored
      2. Chocolate
      3. Vanilla
      4. Strawberry
      5. Peach
      6. Original
      7. Others
    5. Follow On Formula Milk Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarkets
      2. Pharmacy Stores
      3. Specialty Stores
      4. Supermarkets
      5. Hard Discounter Stores
      6. Others
    6. Follow On Formula Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nestlé S.A.
      2. Danone S.A.
      3. Abbott Laboratories
      4. Reckitt Benckiser
      5. Kraft Heinz Company
      6. FrieslandCampina
      7. Arla Foods
      8. New Zealand Milk Products
      9. Bebivita
      10. Sprout Organic
      11. Boram Dairy
      12. Panda Dairy
      13. Hipp (HiPP)
      14. Perrigo Company plc
      15. Bellamy’s Organic
  7. Analyst Views
  8. Future Outlook of the Market