Global Baby Drinks Market Size & Outlook, 2019-2027

The baby drinks industry worldwide is expected to reach a projected revenue of US$ 232,500.9 million by 2027. A compound annual growth rate of 9.3% is expected of the worldwide baby drinks industry from 2020 to 2027.
Revenue, 2019 (US$M)
$114,086.6
Forecast, 2027 (US$M)
$232,500.9
CAGR, 2020 - 2027
9.3%
Report Coverage
Worldwide

Global baby drinks market highlights

  • The global baby drinks market generated a revenue of USD 114,086.6 million in 2019 and is expected to reach USD 232,500.9 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 9.3% by 2027.
  • In terms of segment, baby formula accounted for a revenue of USD 51,727.7 million in 2019.
  • Baby Formula is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, Japan is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 114,086.6 million
Market revenue in 2027USD 232,500.9 million
Growth rate9.3% (CAGR from 2019 to 2027)
Largest segmentBaby formula
Fastest growing segmentBaby Formula
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationBaby Formula, Juice, Electrolyte

Other key industry trends

  • In terms of revenue, the North America accounted for 10.2% of the global baby drinks market in 2019.
  • By country, the China is projected to lead the global market in terms of revenue in 2027.
  • By country, Japan is the fastest growing regional market and is projected to reach USD 17,826.4 million by 2027.

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Baby Drinks Market Companies

Name Profile # Employees HQ Website

Global baby drinks market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to baby drinks market will help companies and investors design strategic landscapes.


Baby formula was the largest segment with a revenue share of 45.34% in 2019. Horizon Databook has segmented the Global baby drinks market based on baby formula, juice, electrolyte covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Baby Drinks Product Outlook (Revenue, USD Million, 2016-2027)
    • Baby Formula
    • Juice
      • RTD
      • Concentrate
    • Electrolyte
  • Global Baby Drinks Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Supermarket & Hypermarket
    • Pharmacies
    • Online

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Target buyers of Global baby drinks market databook

  • Our clientele includes a mix of baby drinks market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global baby drinks market, including forecasts for subscribers. This global databook contains high-level insights into Global baby drinks market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global baby drinks market size, by regions, 2016-2027 (US$M)

Top 10 countries: Baby drinks market size, 2019 (US$M)

Global baby drinks market share, by product, 2019 & 2027 (%, US$M)

Baby drinks market: Opportunity assessment by country

Global baby drinks market, by region, 2019 (US$M)

Global baby drinks market size, by regions, 2016-2027 (US$M)

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