Happy healthy baby: Supplement and nondairy products will help operators prevent significant loses

As information about the importance of breastfeeding has spread recently, the Infant Formula and Manufacturing industry has struggled to maintain growth. As a substitute for breastmilk, demand for infant formula is directly determined by the popularity of breastfeeding. However, regardless of trends in breastfeeding, there will always be infants who cannot breastfeed for medical reasons, such as allergies. Over the next five years, while breastfeeding rates are expected to continue growing, companies are expected to adapt to this trend through supplement and nondairy products. An increase in the number of births will also drive steady demand...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • As breastfeeding becomes more popular, demand for industry products will suffer
  • The price of formula is mainly determined by the price of milk
  • Operators will continue to promote formula that can serve as supplements to regular breastfeeding
  • Industry Report - Industry Locations Chapter

    As a highly concentrated industry with few locations, the geographic distribution of the Infant Formula Manufacturing industry is based mainly on the distribution of the major players. Abbott Laboratories and Perrigo Company both have manufacturing facilities in Ohio, while Abbott and Nestle both have facilities in Michigan, giving Ohio and Michigan the most facilities with 11.1% of establishments each. All other states with manufacturing facilities only have one establishment. The Great Lakes region is home to the highest percentage of establishments with 38.9% of operations. Businesses primarily base their facilities in the Great Lakes region because dairy farms are predominately located in that region. Mil...purchase to read more.

    Additional Insights for the Infant Formula Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Infant Formula Manufacturing Industry are

  • Economies of scale
  • Proximity to key suppliers
  • Having a wide and expanding product range
  • IBISWorld analysts also discuss how external factors such as Number of births and Price of milk in the Infant Formula Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Infant Formula Manufacturing Industry?

    This industry manufactures infant formula, a powdered substitute for breast feeding that consumers use to support adequate growth of infants.

    Industry Products
  • Powdered formula
  • Concentrated liquid formula
  • Ready-to-feed formula
  • Industry Activities
  • Manufacturing powder infant formula
  • Manufacturing concentrated liquid formula
  • Manufacturing ready-to-feed infant formula
  • Manufacturing nondairy infant formula
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of births
  • Price of milk
  • Labor force participation rate of women
  • Per capita disposable income
  • Trade-weighted index

  • Current Performance
  • Breast is best
  • Formula prices
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Away from formula
  • Product prices
  • Table: Infant Formula Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Infant Formula Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores
  • Pharmacies & Drug Stores
  • Hospitals

  • Key Selling Industries
  • Dairy Farms
  • Dairy Product Production
  • Soybean Farming

  • Products & Services
  • Powdered formula
  • Ready-to-feed formula
  • Concentrated liquid formula
  • Chart: Infant Formula Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Infants between 3 and 6 months old
  • Infants under 3 months old
  • Infants older than 6 months
  • Chart: Major Market Segmentation for the Infant Formula Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Infant Formula Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Infant Formula Manufacturing Industry

  • Industry Globalization
    Abbott Laboratories, Mead Johnson, Perrigo Company plc, Nestle SA,
  • Table: Abbott Laboratories - financial performance
  • Table: Mead Johnson - financial performance
  • Table: Perrigo Company plc - financial performance
  • Table: Nestle SA - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Infant Formula Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Infant Formula Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Number of births (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Breast Pumping
  • Using a breast pump to extract milk for later use
  • Evaporator
  • A device that converts a liquid into a gas and leaves the solid remains of the mixture
  • Formula Feeding
  • Feeding an infant formula as a substitute for natural breast milk
  • Ready-To-Eat Formula
  • Formula sold in liquid formula that does not need to be mixed
  • What Our Customers Say

    Why buy this report?

    The Infant Formula Manufacturing industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Infant Formula Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Infant Formula Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Infant Formula Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.