According to Future Market Insights (FMI), the global infant formula market is projected to witness substantial growth, increasing from US$ 50,126 million in 2024 to US$ 1,15,326 million by 2034. The market is expected to surge at a CAGR of 8.7% during the forecast period. The infant formula market is growing due to factors such as rising working mother population, increased baby health spending, and …
Tag Archives: Infant Formula Market Industry forecast
Infant Formula Market Poised to Surge at a CAGR of 8.7% Through 2034 Amid Increasing Adoption of Infant Formula as a Substitute for Breast Milk
According to Future Market Insights (FMI), the global infant formula market is projected to witness substantial growth, increasing from US$ 50,126 million in 2024 to US$ 1,15,326 million by 2034. The market is expected to surge at a CAGR of 8.7% during the forecast period. The infant formula market is growing due to factors such …