Global Milk-based Formula Breast Milk Substitute Supply, Demand and Key Producers, 2023-2029

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Published Date: 21 Apr 2023

Category: Food & Beverages

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Milk-based Formula Breast Milk Substitute market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Breastmilk substitute (BMS): any food being marketed or otherwise represented as a partial or total replacement for breastmilk, whether or not suitable for that purpose.

This report studies the global Milk-based Formula Breast Milk Substitute production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Milk-based Formula Breast Milk Substitute, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Milk-based Formula Breast Milk Substitute that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Milk-based Formula Breast Milk Substitute total production and demand, 2018-2029, (K MT)
Global Milk-based Formula Breast Milk Substitute total production value, 2018-2029, (USD Million)
Global Milk-based Formula Breast Milk Substitute production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Milk-based Formula Breast Milk Substitute consumption by region & country, CAGR, 2018-2029 & (K MT)
U.S. VS China: Milk-based Formula Breast Milk Substitute domestic production, consumption, key domestic manufacturers and share
Global Milk-based Formula Breast Milk Substitute production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)
Global Milk-based Formula Breast Milk Substitute production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Milk-based Formula Breast Milk Substitute production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)
This reports profiles key players in the global Milk-based Formula Breast Milk Substitute market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danone, Nestle, Abbott Nutrition, Mead Johnson (Reckitt Benckiser) and Kraft Heinz, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Milk-based Formula Breast Milk Substitute market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Milk-based Formula Breast Milk Substitute Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Milk-based Formula Breast Milk Substitute Market, Segmentation by Type
    Powdered
    Concentrated Liquid
    Ready-to-use

Global Milk-based Formula Breast Milk Substitute Market, Segmentation by Application
    Pharmacies
    Retail Stores
    Others

Companies Profiled:
    Danone
    Nestle
    Abbott Nutrition
    Mead Johnson (Reckitt Benckiser)
    Kraft Heinz

Key Questions Answered
1. How big is the global Milk-based Formula Breast Milk Substitute market?
2. What is the demand of the global Milk-based Formula Breast Milk Substitute market?
3. What is the year over year growth of the global Milk-based Formula Breast Milk Substitute market?
4. What is the production and production value of the global Milk-based Formula Breast Milk Substitute market?
5. Who are the key producers in the global Milk-based Formula Breast Milk Substitute market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Milk-based Formula Breast Milk Substitute Introduction
    1.2 World Milk-based Formula Breast Milk Substitute Supply & Forecast
        1.2.1 World Milk-based Formula Breast Milk Substitute Production Value (2018 & 2022 & 2029)
        1.2.2 World Milk-based Formula Breast Milk Substitute Production (2018-2029)
        1.2.3 World Milk-based Formula Breast Milk Substitute Pricing Trends (2018-2029)
    1.3 World Milk-based Formula Breast Milk Substitute Production by Region (Based on Production Site)
        1.3.1 World Milk-based Formula Breast Milk Substitute Production Value by Region (2018-2029)
        1.3.2 World Milk-based Formula Breast Milk Substitute Production by Region (2018-2029)
        1.3.3 World Milk-based Formula Breast Milk Substitute Average Price by Region (2018-2029)
        1.3.4 North America Milk-based Formula Breast Milk Substitute Production (2018-2029)
        1.3.5 Europe Milk-based Formula Breast Milk Substitute Production (2018-2029)
        1.3.6 China Milk-based Formula Breast Milk Substitute Production (2018-2029)
        1.3.7 Japan Milk-based Formula Breast Milk Substitute Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Milk-based Formula Breast Milk Substitute Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Milk-based Formula Breast Milk Substitute Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Milk-based Formula Breast Milk Substitute Demand (2018-2029)
    2.2 World Milk-based Formula Breast Milk Substitute Consumption by Region
        2.2.1 World Milk-based Formula Breast Milk Substitute Consumption by Region (2018-2023)
        2.2.2 World Milk-based Formula Breast Milk Substitute Consumption Forecast by Region (2024-2029)
    2.3 United States Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.4 China Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.5 Europe Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.6 Japan Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.7 South Korea Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.8 ASEAN Milk-based Formula Breast Milk Substitute Consumption (2018-2029)
    2.9 India Milk-based Formula Breast Milk Substitute Consumption (2018-2029)

3 World Milk-based Formula Breast Milk Substitute Manufacturers Competitive Analysis
    3.1 World Milk-based Formula Breast Milk Substitute Production Value by Manufacturer (2018-2023)
    3.2 World Milk-based Formula Breast Milk Substitute Production by Manufacturer (2018-2023)
    3.3 World Milk-based Formula Breast Milk Substitute Average Price by Manufacturer (2018-2023)
    3.4 Milk-based Formula Breast Milk Substitute Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Milk-based Formula Breast Milk Substitute Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Milk-based Formula Breast Milk Substitute in 2022
        3.5.3 Global Concentration Ratios (CR8) for Milk-based Formula Breast Milk Substitute in 2022
    3.6 Milk-based Formula Breast Milk Substitute Market: Overall Company Footprint Analysis
        3.6.1 Milk-based Formula Breast Milk Substitute Market: Region Footprint
        3.6.2 Milk-based Formula Breast Milk Substitute Market: Company Product Type Footprint
        3.6.3 Milk-based Formula Breast Milk Substitute Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Milk-based Formula Breast Milk Substitute Production Value Comparison
        4.1.1 United States VS China: Milk-based Formula Breast Milk Substitute Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Milk-based Formula Breast Milk Substitute Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Milk-based Formula Breast Milk Substitute Production Comparison
        4.2.1 United States VS China: Milk-based Formula Breast Milk Substitute Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Milk-based Formula Breast Milk Substitute Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Milk-based Formula Breast Milk Substitute Consumption Comparison
        4.3.1 United States VS China: Milk-based Formula Breast Milk Substitute Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Milk-based Formula Breast Milk Substitute Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Milk-based Formula Breast Milk Substitute Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023)
    4.5 China Based Milk-based Formula Breast Milk Substitute Manufacturers and Market Share
        4.5.1 China Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value (2018-2023)
        4.5.3 China Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023)
    4.6 Rest of World Based Milk-based Formula Breast Milk Substitute Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023)

5 Market Analysis by Type
    5.1 World Milk-based Formula Breast Milk Substitute Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Powdered
        5.2.2 Concentrated Liquid
        5.2.3 Ready-to-use
    5.3 Market Segment by Type
        5.3.1 World Milk-based Formula Breast Milk Substitute Production by Type (2018-2029)
        5.3.2 World Milk-based Formula Breast Milk Substitute Production Value by Type (2018-2029)
        5.3.3 World Milk-based Formula Breast Milk Substitute Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Milk-based Formula Breast Milk Substitute Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Pharmacies
        6.2.2 Retail Stores
        6.2.3 Others
    6.3 Market Segment by Application
        6.3.1 World Milk-based Formula Breast Milk Substitute Production by Application (2018-2029)
        6.3.2 World Milk-based Formula Breast Milk Substitute Production Value by Application (2018-2029)
        6.3.3 World Milk-based Formula Breast Milk Substitute Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Danone
        7.1.1 Danone Details
        7.1.2 Danone Major Business
        7.1.3 Danone Milk-based Formula Breast Milk Substitute Product and Services
        7.1.4 Danone Milk-based Formula Breast Milk Substitute Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Danone Recent Developments/Updates
        7.1.6 Danone Competitive Strengths & Weaknesses
    7.2 Nestle
        7.2.1 Nestle Details
        7.2.2 Nestle Major Business
        7.2.3 Nestle Milk-based Formula Breast Milk Substitute Product and Services
        7.2.4 Nestle Milk-based Formula Breast Milk Substitute Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Nestle Recent Developments/Updates
        7.2.6 Nestle Competitive Strengths & Weaknesses
    7.3 Abbott Nutrition
        7.3.1 Abbott Nutrition Details
        7.3.2 Abbott Nutrition Major Business
        7.3.3 Abbott Nutrition Milk-based Formula Breast Milk Substitute Product and Services
        7.3.4 Abbott Nutrition Milk-based Formula Breast Milk Substitute Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Abbott Nutrition Recent Developments/Updates
        7.3.6 Abbott Nutrition Competitive Strengths & Weaknesses
    7.4 Mead Johnson (Reckitt Benckiser)
        7.4.1 Mead Johnson (Reckitt Benckiser) Details
        7.4.2 Mead Johnson (Reckitt Benckiser) Major Business
        7.4.3 Mead Johnson (Reckitt Benckiser) Milk-based Formula Breast Milk Substitute Product and Services
        7.4.4 Mead Johnson (Reckitt Benckiser) Milk-based Formula Breast Milk Substitute Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Mead Johnson (Reckitt Benckiser) Recent Developments/Updates
        7.4.6 Mead Johnson (Reckitt Benckiser) Competitive Strengths & Weaknesses
    7.5 Kraft Heinz
        7.5.1 Kraft Heinz Details
        7.5.2 Kraft Heinz Major Business
        7.5.3 Kraft Heinz Milk-based Formula Breast Milk Substitute Product and Services
        7.5.4 Kraft Heinz Milk-based Formula Breast Milk Substitute Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Kraft Heinz Recent Developments/Updates
        7.5.6 Kraft Heinz Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Milk-based Formula Breast Milk Substitute Industry Chain
    8.2 Milk-based Formula Breast Milk Substitute Upstream Analysis
        8.2.1 Milk-based Formula Breast Milk Substitute Core Raw Materials
        8.2.2 Main Manufacturers of Milk-based Formula Breast Milk Substitute Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Milk-based Formula Breast Milk Substitute Production Mode
    8.6 Milk-based Formula Breast Milk Substitute Procurement Model
    8.7 Milk-based Formula Breast Milk Substitute Industry Sales Model and Sales Channels
        8.7.1 Milk-based Formula Breast Milk Substitute Sales Model
        8.7.2 Milk-based Formula Breast Milk Substitute Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Milk-based Formula Breast Milk Substitute Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Milk-based Formula Breast Milk Substitute Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Milk-based Formula Breast Milk Substitute Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Region (2018-2023)
    Table 5. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Region (2024-2029)
    Table 6. World Milk-based Formula Breast Milk Substitute Production by Region (2018-2023) & (K MT)
    Table 7. World Milk-based Formula Breast Milk Substitute Production by Region (2024-2029) & (K MT)
    Table 8. World Milk-based Formula Breast Milk Substitute Production Market Share by Region (2018-2023)
    Table 9. World Milk-based Formula Breast Milk Substitute Production Market Share by Region (2024-2029)
    Table 10. World Milk-based Formula Breast Milk Substitute Average Price by Region (2018-2023) & (USD/MT)
    Table 11. World Milk-based Formula Breast Milk Substitute Average Price by Region (2024-2029) & (USD/MT)
    Table 12. Milk-based Formula Breast Milk Substitute Major Market Trends
    Table 13. World Milk-based Formula Breast Milk Substitute Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K MT)
    Table 14. World Milk-based Formula Breast Milk Substitute Consumption by Region (2018-2023) & (K MT)
    Table 15. World Milk-based Formula Breast Milk Substitute Consumption Forecast by Region (2024-2029) & (K MT)
    Table 16. World Milk-based Formula Breast Milk Substitute Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Milk-based Formula Breast Milk Substitute Producers in 2022
    Table 18. World Milk-based Formula Breast Milk Substitute Production by Manufacturer (2018-2023) & (K MT)
    Table 19. Production Market Share of Key Milk-based Formula Breast Milk Substitute Producers in 2022
    Table 20. World Milk-based Formula Breast Milk Substitute Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 21. Global Milk-based Formula Breast Milk Substitute Company Evaluation Quadrant
    Table 22. World Milk-based Formula Breast Milk Substitute Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Milk-based Formula Breast Milk Substitute Production Site of Key Manufacturer
    Table 24. Milk-based Formula Breast Milk Substitute Market: Company Product Type Footprint
    Table 25. Milk-based Formula Breast Milk Substitute Market: Company Product Application Footprint
    Table 26. Milk-based Formula Breast Milk Substitute Competitive Factors
    Table 27. Milk-based Formula Breast Milk Substitute New Entrant and Capacity Expansion Plans
    Table 28. Milk-based Formula Breast Milk Substitute Mergers & Acquisitions Activity
    Table 29. United States VS China Milk-based Formula Breast Milk Substitute Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Milk-based Formula Breast Milk Substitute Production Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 31. United States VS China Milk-based Formula Breast Milk Substitute Consumption Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 32. United States Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023) & (K MT)
    Table 36. United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share (2018-2023)
    Table 37. China Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023) & (K MT)
    Table 41. China Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share (2018-2023)
    Table 42. Rest of World Based Milk-based Formula Breast Milk Substitute Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production (2018-2023) & (K MT)
    Table 46. Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share (2018-2023)
    Table 47. World Milk-based Formula Breast Milk Substitute Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Milk-based Formula Breast Milk Substitute Production by Type (2018-2023) & (K MT)
    Table 49. World Milk-based Formula Breast Milk Substitute Production by Type (2024-2029) & (K MT)
    Table 50. World Milk-based Formula Breast Milk Substitute Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Milk-based Formula Breast Milk Substitute Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Milk-based Formula Breast Milk Substitute Average Price by Type (2018-2023) & (USD/MT)
    Table 53. World Milk-based Formula Breast Milk Substitute Average Price by Type (2024-2029) & (USD/MT)
    Table 54. World Milk-based Formula Breast Milk Substitute Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Milk-based Formula Breast Milk Substitute Production by Application (2018-2023) & (K MT)
    Table 56. World Milk-based Formula Breast Milk Substitute Production by Application (2024-2029) & (K MT)
    Table 57. World Milk-based Formula Breast Milk Substitute Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Milk-based Formula Breast Milk Substitute Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Milk-based Formula Breast Milk Substitute Average Price by Application (2018-2023) & (USD/MT)
    Table 60. World Milk-based Formula Breast Milk Substitute Average Price by Application (2024-2029) & (USD/MT)
    Table 61. Danone Basic Information, Manufacturing Base and Competitors
    Table 62. Danone Major Business
    Table 63. Danone Milk-based Formula Breast Milk Substitute Product and Services
    Table 64. Danone Milk-based Formula Breast Milk Substitute Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Danone Recent Developments/Updates
    Table 66. Danone Competitive Strengths & Weaknesses
    Table 67. Nestle Basic Information, Manufacturing Base and Competitors
    Table 68. Nestle Major Business
    Table 69. Nestle Milk-based Formula Breast Milk Substitute Product and Services
    Table 70. Nestle Milk-based Formula Breast Milk Substitute Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Nestle Recent Developments/Updates
    Table 72. Nestle Competitive Strengths & Weaknesses
    Table 73. Abbott Nutrition Basic Information, Manufacturing Base and Competitors
    Table 74. Abbott Nutrition Major Business
    Table 75. Abbott Nutrition Milk-based Formula Breast Milk Substitute Product and Services
    Table 76. Abbott Nutrition Milk-based Formula Breast Milk Substitute Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Abbott Nutrition Recent Developments/Updates
    Table 78. Abbott Nutrition Competitive Strengths & Weaknesses
    Table 79. Mead Johnson (Reckitt Benckiser) Basic Information, Manufacturing Base and Competitors
    Table 80. Mead Johnson (Reckitt Benckiser) Major Business
    Table 81. Mead Johnson (Reckitt Benckiser) Milk-based Formula Breast Milk Substitute Product and Services
    Table 82. Mead Johnson (Reckitt Benckiser) Milk-based Formula Breast Milk Substitute Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Mead Johnson (Reckitt Benckiser) Recent Developments/Updates
    Table 84. Kraft Heinz Basic Information, Manufacturing Base and Competitors
    Table 85. Kraft Heinz Major Business
    Table 86. Kraft Heinz Milk-based Formula Breast Milk Substitute Product and Services
    Table 87. Kraft Heinz Milk-based Formula Breast Milk Substitute Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 88. Global Key Players of Milk-based Formula Breast Milk Substitute Upstream (Raw Materials)
    Table 89. Milk-based Formula Breast Milk Substitute Typical Customers
    Table 90. Milk-based Formula Breast Milk Substitute Typical Distributors
List of Figure
    Figure 1. Milk-based Formula Breast Milk Substitute Picture
    Figure 2. World Milk-based Formula Breast Milk Substitute Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Milk-based Formula Breast Milk Substitute Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Milk-based Formula Breast Milk Substitute Production (2018-2029) & (K MT)
    Figure 5. World Milk-based Formula Breast Milk Substitute Average Price (2018-2029) & (USD/MT)
    Figure 6. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Region (2018-2029)
    Figure 7. World Milk-based Formula Breast Milk Substitute Production Market Share by Region (2018-2029)
    Figure 8. North America Milk-based Formula Breast Milk Substitute Production (2018-2029) & (K MT)
    Figure 9. Europe Milk-based Formula Breast Milk Substitute Production (2018-2029) & (K MT)
    Figure 10. China Milk-based Formula Breast Milk Substitute Production (2018-2029) & (K MT)
    Figure 11. Japan Milk-based Formula Breast Milk Substitute Production (2018-2029) & (K MT)
    Figure 12. Milk-based Formula Breast Milk Substitute Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 15. World Milk-based Formula Breast Milk Substitute Consumption Market Share by Region (2018-2029)
    Figure 16. United States Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 17. China Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 18. Europe Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 19. Japan Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 20. South Korea Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 21. ASEAN Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 22. India Milk-based Formula Breast Milk Substitute Consumption (2018-2029) & (K MT)
    Figure 23. Producer Shipments of Milk-based Formula Breast Milk Substitute by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Milk-based Formula Breast Milk Substitute Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Milk-based Formula Breast Milk Substitute Markets in 2022
    Figure 26. United States VS China: Milk-based Formula Breast Milk Substitute Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Milk-based Formula Breast Milk Substitute Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Milk-based Formula Breast Milk Substitute Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share 2022
    Figure 30. China Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Milk-based Formula Breast Milk Substitute Production Market Share 2022
    Figure 32. World Milk-based Formula Breast Milk Substitute Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Type in 2022
    Figure 34. Powdered
    Figure 35. Concentrated Liquid
    Figure 36. Ready-to-use
    Figure 37. World Milk-based Formula Breast Milk Substitute Production Market Share by Type (2018-2029)
    Figure 38. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Type (2018-2029)
    Figure 39. World Milk-based Formula Breast Milk Substitute Average Price by Type (2018-2029) & (USD/MT)
    Figure 40. World Milk-based Formula Breast Milk Substitute Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 41. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Application in 2022
    Figure 42. Pharmacies
    Figure 43. Retail Stores
    Figure 44. Others
    Figure 45. World Milk-based Formula Breast Milk Substitute Production Market Share by Application (2018-2029)
    Figure 46. World Milk-based Formula Breast Milk Substitute Production Value Market Share by Application (2018-2029)
    Figure 47. World Milk-based Formula Breast Milk Substitute Average Price by Application (2018-2029) & (USD/MT)
    Figure 48. Milk-based Formula Breast Milk Substitute Industry Chain
    Figure 49. Milk-based Formula Breast Milk Substitute Procurement Model
    Figure 50. Milk-based Formula Breast Milk Substitute Sales Model
    Figure 51. Milk-based Formula Breast Milk Substitute Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Danone
Nestle
Abbott Nutrition
Mead Johnson (Reckitt Benckiser)
Kraft Heinz

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