US Infant Formula Market 2024-2034 Trends & Insights

US Infant Formula Market 2024-2034 Trends & Insights

Market Overview

The US Infant Formula Market is set to experience steady growth, driven by rising demand for specialized nutrition products for infants, an increase in working mothers, and the growing popularity of organic and non-GMO products. The market, which is valued at USD 7.15 billion in 2024, is expected to grow to USD 9.46 billion by 2034, exhibiting a CAGR of 4.3%. The market has seen an increase in demand for specialized and organic formulas, driven by parental preference for healthier alternatives and heightened awareness regarding infant nutrition.

Key Market Trends in US Infant Formula Market

1. Demand for Clean-Label and Organic Products

  • Clean-Label Demand: Parents are seeking infant formulas that are free from synthetic additives, preservatives, and artificial colors. This has prompted manufacturers to create clean-label infant formulas with a focus on transparency.
  • Growth of Organic Formulas: Organic and non-GMO infant formulas are seeing growing demand as modern parents become more health-conscious and aware of the benefits of natural, organic ingredients for their babies.

2. Growth of E-commerce and Online Retail

  • Shift Toward Online Shopping: Online platforms are rapidly becoming a go-to destination for infant formula purchases due to the convenience of home delivery and access to a broader range of products.
  • Role of Influencers and Parental Reviews: Social media and parental reviews on platforms like Amazon have influenced parents’ buying decisions, with positive reviews serving as strong social proof for products.

3. Rise in Demand for Specialized Infant Formulas

  • Growth in Hypoallergenic Formulas: Due to an increase in infant allergies, lactose intolerance, and digestive issues, parents are opting for specialized formulas that cater to the unique health needs of infants.
  • Introduction of Functional Ingredients: Formulas enriched with functional ingredients such as probiotics, DHA, and ARA are gaining traction as they claim to support cognitive and immune development in infants.

4. Technological Advancements in Production

  • Advancements in Production Techniques: Advanced production methods, such as wet mixing, membrane filtration, and micro-articulation, have improved the quality and efficiency of infant formula production.
  • Improved Nutritional Composition: New production technologies allow for the development of formulas that closely mimic breast milk, offering essential nutrients for cognitive and physical development.

Market Segmentation in US Infant Formula Market

SegmentCategoryMarket Share (2034)
Product TypeStarting Milk Formula, Follow-on Milk Formula, Special Milk FormulaSpecial Milk Formula (42.6%)
Distribution ChannelSupermarkets, Specialty Stores, Online Retail, Pharmacy Stores, OthersSupermarkets (46.2%)
End UseHome Use, Hospital UseHome Use (65.8%)
PackagingCans, Cartons, Jars, SachetsCans (38.4%)

Regional Insights for US Infant Formula Market

United States

  • Market Value (2034): USD 9.46 billion
  • CAGR: 4.3%
  • Key Insights: The U.S. remains one of the most lucrative markets for infant formula, with high demand for specialized formulas and clean-label products. The presence of leading manufacturers like Abbott, Nestlé, and Mead Johnson fuels industry growth. Recent recalls of infant formulas due to contamination have further emphasized the need for stringent safety measures. The role of online platforms in influencing parental choices continues to grow.

Market Drivers

1. Rising Awareness of Infant Nutrition

  • The growing awareness of the importance of essential nutrients like DHA, ARA, and prebiotics in infant development has fueled demand for fortified formulas.

2. Increase in Working Mothers

  • The rise in dual-income households and working mothers has led to greater reliance on infant formula as a supplement or alternative to breast milk.

3. Demand for Hypoallergenic and Specialized Products

  • Due to the increasing prevalence of food allergies and lactose intolerance, parents are actively seeking hypoallergenic, lactose-free, and soy-based infant formulas.

Challenges in the Market

  • Supply Chain Disruptions: Supply chain issues and recalls due to contamination concerns have affected the availability of infant formulas.
  • High Cost of Production: The development of clean-label, organic, and specialized formulas requires higher production costs, which affects retail prices.
  • Regulatory Constraints: Strict regulatory standards related to infant formula production and labeling make it difficult for smaller players to enter the market.

Competitive Landscape in US Infant Formula Market

CompanyRecent Developments
Abbott LaboratoriesLaunched new organic and soy-based infant formulas in response to growing demand for clean-label products.
Nestlé (Gerber Good Start)Introduced hypoallergenic formulas that address food allergies and lactose intolerance.
Mead Johnson Nutrition (Enfamil)Collaborated with medical institutions to produce formulas for infants with medical conditions like preterm birth and allergies.
The Honest CompanyExpanded distribution of its plant-based baby formulas into supermarkets and specialty stores across the United States.
Nature’s OneLaunched Baby’s Only Organic Formula to cater to demand for organic and non-GMO infant nutrition.

Market Forecast (2024-2034) for US Infant Formula Market

YearMarket Size (USD Billion)Growth Rate (CAGR)
20247.15
20298.25
20349.464.3% CAGR

Comprehensive Report Scope for US Infant Formula Market

AttributeDetails
Estimated Industry Size (2024)USD 7.15 billion
Projected Industry Size (2034)USD 9.46 billion
Analysis CoverageMarket size, segmentation, trends, competitive landscape, and growth drivers
Key Companies ProfiledAbbott Laboratories, Nestlé, Mead Johnson Nutrition, The Honest Company, Nature’s One
Regions AnalyzedUnited States

Frequently Asked Questions (FAQs) for US Infant Formula Market

Q1: What is the projected size of the US Infant Formula Market by 2034?

  • The market is expected to reach USD 9.46 billion by 2034.

Q2: What is the CAGR for the US Infant Formula Market from 2024 to 2034?

  • The market is projected to grow at a CAGR of 4.3%.

Q3: Which segment holds the largest share of the US Infant Formula Market?

  • Special Milk Formulas are expected to dominate, driven by the growing demand for hypoallergenic and specialized products.

Q4: What factors are driving growth in the US Infant Formula Market?

  • Key growth factors include rising awareness of infant nutrition, growing demand for hypoallergenic products, and increasing reliance on online retail platforms.

Q5: Which companies are key players in the market?

  • Major players include Abbott Laboratories, Nestlé, Mead Johnson Nutrition, The Honest Company, and Nature’s One.

Contact our advisory for a deeper understanding of established and emerging players in the U.S. infant formula market.

Take Action Now! Contact us today to access the full report and propel your business forward.


Click here to connect with us on WhatsApp