Infant Milk Powder Market

By Source;

Cow Milk-Based and Goat Milk-Based

By Type;

Whole Milk Powder, Semi-Skimmed Milk Powder and Skimmed Milk Powder

By Packaging Type;

Metal Cans and Plastic Containers

By Distribution Channel;

Online Retail, Supermarket/Hypermarket, Convenience Store, Departmental Store and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn546418640 Published Date: August, 2025 Updated Date: September, 2025

Infant Milk Powders Market Overview

Infant Milk Powders Market (USD Million)

Infant Milk Powders Market was valued at USD 31805.98 million in the year 2024. The size of this market is expected to increase to USD 47824.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Infant Milk Powder Market

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 31805.98 Million
Market Size (2031)USD 47824.43 Million
Market ConcentrationMedium
Report Pages314
31805.98
2024
47824.43
2031

Major Players

  • DANA DAIRY GROUP
  • Geo-Poland
  • Lisa Infant Milk
  • Mead Johnson & Company
  • Aptaclub
  • Holland at Home

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Infant Milk Powder Market

Fragmented - Highly competitive market without dominant players


The Infant Milk Powder Market is growing steadily, fueled by rising demand for convenient and balanced nutrition options for infants. More than 45% of families now rely on milk powder, underscoring its role as a trusted source of essential nutrients. This increasing adoption highlights the market’s expanding influence in infant feeding solutions.

Rising Demand for Infant Nutrition
Awareness around infant health has driven nearly 40% of caregivers to choose powdered formulations due to their nutrient-rich blends and extended shelf stability. These products are designed to deliver proteins, minerals, and vitamins that support proper growth, making them a preferred option for modern caregivers.

Convenience and Lifestyle Shifts
With lifestyle changes and growing urban populations, around 50% of parents favor infant milk powder for its convenience. The ease of preparation, safe storage, and portability make it an attractive choice, particularly for working households seeking both nutrition and practicality in their daily routines.

Technological Advancements in Formulation
Innovation has transformed product development, with nearly 55% of new launches incorporating added probiotics, DHA, and immune-boosting nutrients. These technological enhancements not only support infant development but also strengthen consumer trust, positioning milk powder as a premium solution for early nutrition.

Future Growth Prospects
The outlook for the Infant Milk Powder Market is highly promising, as nearly 60% of parents indicate increased spending intentions on advanced nutritional formulas. Ongoing R&D initiatives and partnerships are broadening product offerings, ensuring continued growth and solidifying the market’s place in infant nutrition worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Type
    3. Market Snapshot, By Packaging Type
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Infant Milk Powders Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing urbanization and changing lifestyles leading to higher demand for convenient infant nutrition solutions.
        2. Rising disposable incomes in emerging markets, enhancing affordability and accessibility of infant milk powders.
        3. Technological advancements in production and packaging, improving product safety and nutritional content.
        4. Growing awareness of infant health and nutrition, driving demand for high-quality infant milk powders.
      2. Restraints
        1. Regulatory scrutiny and compliance challenges regarding ingredients and labeling requirements.
        2. Cultural and societal norms favoring breastfeeding over formula feeding in certain regions.
        3. Concerns over the environmental impact of packaging waste associated with infant milk powders.
        4. Health controversies and safety concerns regarding additives and processing methods.
      3. Opportunities
        1. Innovation in organic and clean-label infant milk powders to meet growing consumer demand for natural products.
        2. Expansion into emerging markets in Asia-Pacific, Latin America, and Africa with rising birth rates and increasing disposable incomes.
        3. Development of specialized formulations like hypoallergenic and fortified infant milk powders catering to niche market segments.
        4. Strategic partnerships and collaborations to enhance product distribution and market penetration globally.
    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. Infant Milk Powders Market, By Source, 2021 - 2031 (USD Million)

      1. Cow Milk-Based

      2. Goat Milk-Based

    2. Infant Milk Powders Market, By Type, 2021 - 2031 (USD Million)
      1. Whole Milk Powder
      2. Semi-Skimmed Milk Powder
      3. Skimmed Milk Powder
    3. Infant Milk Powders Market, By Packaging Type, 2021 - 2031 (USD Million)

      1. Metal Cans

      2. Plastic Containers

    4. Infant Milk Powders Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Retail
      2. Supermarket/Hypermarket
      3. Convenience Store
      4. Departmental Store
      5. Others
    5. Infant Milk Powders 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)
      4. Rest of Asia Pacific
        1. Middle East & Africa
        2. GCC
        3. Israel
        4. South Africa
        5. 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. DANA DAIRY GROUP
      2. Geo-Poland
      3. Lisa Infant Milk
      4. Mead Johnson & Company
      5. Aptaclub
      6. Holland at Home
  7. Analyst Views
  8. Future Outlook of the Market