Global Follow On Formula Milk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Ready to feed and Powder.

By Ingredient;

Minerals, Carbohydrates, Vitamins, Proteins, and Others.

By Flavors;

Unflavored, Chocolate, Vanilla, Strawberry, Peach, Original, and Others.

By Distribution Channel;

Hypermarkets, Pharmacy Stores, Specialty Stores, Supermarkets, Hard Discounter Stores, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn425023265 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Follow On Formula Milk Market (USD Million), 2021 - 2031

In the year 2024, the Global Follow On Formula Milk Market was valued at USD 21040.18 million. The size of this market is expected to increase to USD 29605.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global market for follow-on formula milk has witnessed significant growth in recent years, driven by rising consumer awareness about infant nutrition and increasing disposable incomes worldwide. Follow-on formula milk, also known as stage 2 formula, is designed for infants over six months old as a supplement to solid foods. It provides essential nutrients such as iron, vitamins, and proteins crucial for the continued growth and development of infants transitioning from exclusive breastfeeding or infant formula.

One of the key factors propelling the market is the growing number of working mothers and the consequent demand for convenient and nutritionally balanced alternatives to breastfeeding. This demographic shift has spurred the demand for follow-on formula milk, which offers a convenient solution for mothers balancing professional commitments with childcare.

Furthermore, advancements in infant nutrition research and development have led to the formulation of follow-on formula milks that closely mimic the nutritional composition of breast milk. Manufacturers are increasingly focusing on incorporating probiotics, prebiotics, and essential fatty acids into their products, aiming to enhance digestive health and cognitive development in infants.

Geographically, Asia-Pacific has emerged as a dominant region in the global follow-on formula milk market, driven by rapid urbanization, increasing birth rates, and rising disposable incomes across countries like China and India. In these regions, parents are increasingly opting for follow-on formula milk due to its perceived benefits in supplementing infant diets and ensuring proper nutrition.

The market is not without its challenges. Regulatory scrutiny and concerns over the marketing practices of infant formula products continue to pose challenges for manufacturers. Stricter regulations aim to ensure that these products meet stringent safety and nutritional standards, while also limiting exaggerated health claims.

The global follow-on formula milk market is poised for further growth, fueled by ongoing advancements in nutritional science, expanding healthcare infrastructure, and evolving consumer preferences for convenient infant nutrition solutions. As manufacturers innovate and regulatory frameworks evolve, the market is expected to witness continued expansion, particularly in emerging economies where infant nutrition awareness is on the rise.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Ingredient
    3. Market Snapshot, By Flavors
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Follow On Formula Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infant population growth
        2. Increasing disposable incomes
        3. Convenience and nutrition benefits
        4. Urbanization and changing lifestyles
        5. Rising awareness about infant nutrition
      2. Restraints
        1. Regulatory challenges
        2. High production costs
        3. Cultural preferences for breastfeeding
        4. Health concerns and allergies
        5. Environmental impact concerns
      3. Opportunities
        1. Emerging markets expansion
        2. Product innovation and development
        3. Online retailing growth
        4. Increasing health consciousness
        5. Pediatrician endorsements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Follow On Formula Milk Market, By Form, 2021 - 2031 (USD Million)
      1. Ready to feed
      2. Powder
    2. Global Follow On Formula Milk Market, By Ingredient,2021 - 2031 (USD Million)
      1. Minerals
      2. Carbohydrates
      3. Vitamins
      4. Proteins
      5. Others
    3. Global Follow On Formula Milk Market, By Flavors, 2021 - 2031 (USD Million)
      1. Unflavored
      2. Chocolate
      3. Vanilla
      4. Strawberry
      5. Peach
      6. Original
      7. Others
    4. Global Follow On Formula Milk Market, By Distribution Channel,2021 - 2031 (USD Million)
      1. Hypermarkets
      2. Pharmacy Stores
      3. Specialty Stores
      4. Supermarkets
      5. Hard Discounter Stores
      6. Others
    5. Global Follow On Formula Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. The Hain Celestial Group.
      2. Vertrieb KG
      3. Abbott Laboratories
      4. Reckitt Benckiser
      5. Campbell Soups
      6. HiPP GmbH & Co.
      7. Nestle S.A.
      8. Dana Dairy Group Ltd
      9. Danone SA
      10. Gerber Products Company
      11. Arla Foods Amba
      12. D-Signstore
  7. Analyst Views
  8. Future Outlook of the Market