According to the report baby food and infant formula market is expected to reach a value of us 74 4 billion by 2024 registering a cagr of 5 7 during 2019 2024 global baby food and infant formula market.
Baby formula market share.
Fortune business insights in a new study titled infant formula market size share industry analysis by type infant milk follow on milk others distribution channel hypermarkets.
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.
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.
26 2020 at 7 14 a m.