Infant Formula Market Forecasted to Grow at 8.7% CAGR by 2034 Due to Increased Formula Preference: FMI

According to Future Market Insights (FMI), the global infant formula market (Marché des préparations pour nourrissons) 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 …