Global Infant Formula Market-CAGR of nearly 9% over the forecast period (2021 - 2026).

During the period 2021-2025, the worldwide infant formula market is expected to increase at an annual rate of 8%. The market is expected to be worth US$93.33 billion in 2025. Increased female labor participation, an increase in the middle-class population, and an increase in e-commerce sales have all aided growth in the worldwide infant formula business. A decreasing fertility rate and stringent regulations are projected to stifle market expansion. The market, on the other hand, is expected to rise as a result of important trends such as increased awareness about feeding baby foods and increased acceptance of probiotics in infant formula.

The infant formula market was worth around USD 79,416 million in 2020, and it is predicted to grow to USD 132,352 million by 2026, a CAGR of nearly 9% over the forecast period (2021 - 2026).

The increased number of instances of COVID–19 is projected to have a short-term detrimental influence on the nutrition sector's export-import trade. The nutrition segment's short-term impact is less pronounced; nevertheless, COVID-19's negative influence on the global economy may have major indirect repercussions on the nutrition section of the market. Market participants and the government, for example, are actively investing in sustaining the availability of basic nutrition and food. The majority of infant food makers were found to be concentrating on increasing production in order to ensure availability The American Academy of Pediatrics (AAP) also advised that during the COVID-19 outbreak, people should only buy 10 to 2 weeks' worth of formula to ensure that everyone has access to it.

An increase in the working mother population, increasing spending on newborn health, and rising demand for organic baby food are all factors driving the market forward.

There has been a significant increase in the number of young working mothers in recent years. Because these working women rely heavily on processed infant nutrition products, this has been a critical element in fueling the expansion of the infant nutrition market. In the United Kingdom, for example, the number of working mothers has risen to one of the highest levels in recent decades. In 2019, the Office for National Statistics (ONS) of the United Kingdom published data on families and the labor market. According to the data, the number of working mothers has increased significantly during the last two decades. According to statistics, 66.2 percent of moms worked in 2000, rising to 75.1 percent in 2019. Because of the low incomes and high cost of living in cities, more women are working to support their families.. As a result, because working women rely mostly on processed child nutrition products, this aspect is boosting the infant food nutrition industry.

Stress is currently one of the most common concerns that working women encounter, and it causes them to produce less milk. Because of these factors, people are adopting more convenience-oriented lifestyles, which makes infant formula and baby foods more appealing. 

Furthermore, due to a variety of social reasons, parents are observed to be spending more on their children than in past years. Children are now considered more deserving of protection than they were previously. Many surveys show that parents spend a lot of money on their children, often out of guilt, shame, or social anxiety. 

Furthermore, in many developing economies, factors such as the rise of the middle class, fast urbanization, and increased rates of female labor force participation have encouraged the adoption of convenience-oriented lifestyles, making prepared baby foods and infant formula more appealing. The burgeoning middle class in emerging and developing countries has opened up new frontiers in the baby nutrition market, as the need for goods that fit into a working mom's schedule has increased. As a result of these reasons, the infant formula market is expected to increase.