1. Global Infant Formula Market
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2015
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2. Executive Summary
The market for infant formula is one of the major and fastest growing segments of the overall baby food industry. Infant formula is manufactured
food, designed and marketed for feeding to babies and infants less than 12 months of age. All over the world parents are becoming more
concerned about the nutritional benefit of pediatric foods and breast-milk supplements.
The report “Global Infant Formula Market” provides an in-depth analysis of the infant formula market along with a detailed study of its various
segments. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players
in the industry, Nestlé SA, Danone S.A., Mead Johnson Nutrition and Abbott Laboratories are being profiled.
The key factors driving the growth of the infant formula industry are rapid growth of e-commerce in the Chinese market, growth in urbanization,
increasing globalization and growing global GDP. Some of the noteworthy trend and developments of this industry are growth in organized retailing,
growing demand of organic baby food and increased penetration of infant formula in China. However, the expansion of global infant formula market
is being hindered by rising competition, adverse effect of increases in commodity prices and regulatory issues.
The developing world, especially the Asia and Pacific region has provided the headroom for the global market expansion. Among various regions,
China is one of the prominent markets for infant formula.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry.
We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the
future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the
dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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3. The key factors driving the growth of the infant formula market are growing demand of organic baby food,
rising penetration of infant formula in China and growing global economy.
 As of 2014, the global baby food/infant nutrition market was
valued at US$... billion, as compared to US$... billion in 2013,
representing an incline of …%.
 In 2014, infant formula market reached US$... billion, as
compared to US$... billion in 2013, representing a growth of
…%.
 In 2014, the infant formula market was worth US$... billion, as
compared to US$... billion in 2013, representing an incline of
…% and further it is estimated to reach US$...billion by 2015.
Global Infant Formula Market (2009-2014)
Global Baby Food/Infant Nutrition Market (2008-2014)
China’s Infant Formula Market by Value (2007-2015E)
2008 2009 2010 2011 2012 2013 2014
US$Billion
2007 2008 2009 2010 2011 2012 2013 2014
US$Billion
2007 2008 2009 2010 2011 2012 2013 2014 2015E
US$Billion

4. The key factors driving the growth of the infant formula market are growing demand of organic baby food,
rising penetration of infant formula in China and growing global economy.
 As of 2014, China accounted for the largest share with …% of
global infant formula market followed by Asia, Europe and North
America with …%, …% and …% share respectively.
 As of 2014, EMEA (Europe, Middle East and Africa) accounted
for the largest share with …% of global infant nutrition market,
followed by China and Asia Pacific with …% and …% share
respectively.
 In 2014, Toddler formula (+12 months) contributed the largest
share of the infant formula market with …%, followed by stand
formula (0-6 months) and follow-on (6-12 months) with …% and
…% share respectively.
Global Infant Nutrition Market Share by Region (2014)
Global Infant Formula Market Share by Region (2014)
Global Infant Formula Market Segmentation (2014)

5. Economic development, growing demand of organic baby food, rising urbanization, growth of organized
retailing are the chief factors that will drive the market…
• The global infant formula market is forecasted to grow at a CAGR of ….% and is expected to reach US$... billion by 2018.
• The economic growth of a country leads to an increase in wealth, thereby contributing in the growth of respective market.
• Growing demand of organic baby food and rising urbanization are expected to be the key factors driving market growth in coming
years.
• The future growth would mainly be driven by the growth of organized retailing , growing infant population and global GDP.
Global Infant Formula Market Forecast (2014-2018E)
2014 2015E 2016E 2017E 2018E
US$Billion

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Vikas Gupta
BD Manager
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