5 4 2 global baby food and infant formula market share forecast by application 2020 2025 sales channel distributors traders and dealers 6 1 sales channel.
Baby formula market share.
26 2020 at 7 14 a m.
On the basis of product type starting milk formula dominated the global infant formula market in 2019 with around 48 0 of market share in terms of revenue followed by follow on milk formula and toddler s milk formula respectively.
The global infant formula market size was valued at usd 50 46 billion in 2019 and is projected to reach usd 109 10 billion by 2027 exhibiting a cagr of 10 6 during the forecast period.
Infant formula market 2020 industry size share trending technologies potential revenue analysis and global key players forecasts 2024 published.