United States Infant Formula Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
United States Infant Formula Market is Segmented By Formulation (Ready to Feed, Powder, Liquid Concentrate), By Distribution Channel (Online, Hypermarkets, Supermarkets, Specialty Stores, Others). The report offers the value (in USD Billion) for the above mentioned segments.
United States Infant Formula Market Size
Market Size in USD
CAGR4.4%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 4.4% |
| Market Concentration | Medium |
| Major Players | Abbott Laboratories, Arla Foods amba, Nestlé S.A., Bobbie Baby, Inc., Danone S.A. |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United States Infant Formula Market Analysis
The United States Infant Formula Market is estimated to be valued at USD 7.2 Bn in 2024 and is expected to reach USD 9.3 Bn by 2031, growing at a CAGR of 4.4% from 2024 to 2031.
As more women join the workforce, the demand for nutritious and convenient baby feeding options is growing. Working mothers increasingly rely on infant formula as a substitute for breastfeeding., which continues to drive the size of this market.