North America Infant Nutrition Market Size & Outlook
North America infant nutrition market, 2018-2030 (US$M)
Related Markets
North America infant nutrition market highlights
- The North America infant nutrition market generated a revenue of USD 90.5 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, infant milk formula was the largest revenue generating product in 2023.
- Infant Milk Formula is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 90.5 million |
| Market revenue in 2030 | USD 124.7 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Infant milk formula |
| Fastest growing segment | Infant Milk Formula |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infant Milk Formula, Baby Food, Follow-on-Milk, Other Products |
| Key market players worldwide | Nestle SA, Walgreens Boots Alliance Inc, Danone SA, Abbott Laboratories, The Hain Celestial Group Inc, Holle baby food, China Mengniu Dairy Co Ltd, Perrigo Co PLC, The Kraft Heinz Co, Dana Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 24.8% of the global infant nutrition market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 171.8 million by 2030.
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Infant Nutrition Market Scope
Infant Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America infant nutrition 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 infant nutrition market will help companies and investors design strategic landscapes.
Infant milk formula was the largest segment with a revenue share of 39.01% in 2023. Horizon Databook has segmented the North America infant nutrition market based on infant milk formula, baby food, follow-on-milk, other products covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America infant nutrition market databook
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Our clientele includes a mix of infant nutrition market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the North America infant nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into North America infant nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America infant nutrition market report size, by country, 2018-2030 (US$M)
North America Infant Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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