NG Solution Team
Technology

Will the Dairy Alternatives for Infant Market Reach $5.17B by 2032?

The global market for dairy alternatives for infants is experiencing rapid growth, fueled by the increasing popularity of plant-based and organic formulas. These options are transforming early nutrition by providing safe, digestible, and sustainable choices for parents worldwide. In Los Angeles, it was reported that the market, valued at $2.283 billion in 2023, is expected to grow to $2.5 billion in 2024 and reach $5.167 billion by 2032, with a CAGR of 9.5% from 2025 to 2032. Key players in this market include Nestlé, Abbott, and Danone, among others.

Recent developments in 2025 highlight the industry’s momentum: Else Nutrition introduced a pioneering whole-food, dairy-free infant formula; Bobbie launched a USDA-certified organic whole-milk infant formula in the U.S.; and Danone acquired a stake in Kate Farms to expand its presence in the plant-based nutrition sector. The market is segmented by product type, stage, distribution channel, category, and region, with North America leading due to high awareness and lactose intolerance prevalence. Europe follows with a strong preference for organic products, while the Asia-Pacific region shows rapid growth driven by urbanization and dietary changes. Soy-based formulas dominate the market, accounting for 41.4% of the share, with oat-based and almond or coconut-based formulas gaining traction for their hypoallergenic properties and suitability for vegan diets. As health considerations and dietary preferences evolve, the market for dairy alternatives for infants is set for significant expansion, offering diverse nutritional options for parents.

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