The infant formula market is projected to grow at a CAGR of 5.48% during the forecast period, reaching a total market size of US$57.685 billion in 2024 from US$41.886 billion in 2018. The developing populace and expanding mindfulness programs from world wellbeing associations and others to bring down the worldwide birth rate are additionally liable to hamper the development of the infant formula market. Geologically, the North America region is relied upon to have a critical piece of the pie inferable from the presence of key players, high disposable income, and high working ladies populace in the region.