HomeFood & BeveragesNutraceuticals Anmum Materna Market

Global Maternal Milk Powder Market Size, Share, Demand & Growth Analysis Report By Product Type (Pre-Conception Maternal Milk Powder, Prenatal Pregnancy Milk Powder, Postpartum & Lactation Milk Powder), By Nutritional Formulation (DHA & Omega-3 Enriched Formula, Iron-Fortified Formula, Folic Acid-Enriched Formula, Probiotic & Digestive Health Formula, High-Protein Formula, Organic & Clean-Label Formula, Plant-Based Formula, Gestational Diabetes-Specific Formula), By Ingredient Source (Dairy-Based, Plant-Based, Hybrid), By Distribution Channel (Online Retail, Pharmacies, Supermarkets, Specialty Stores, Hospitals & Clinics, D2C & Subscription Models) By Region Forecast 2026–2031

Report Code: RI4011PUB
Last Updated : July, 2026
Author : Hannah Blake

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Anmum Materna Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Anmum Materna Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Anmum Materna Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Pre-Conception Maternal Milk Powder
      1. Market Size and Forecast, By Region
    3. Prenatal Pregnancy Milk Powder
      1. Market Size and Forecast, By Region
    4. Postpartum & Lactation Milk Powder
      1. Market Size and Forecast, By Region
  10. Anmum Materna Market, By Nutritional Formulation
    1. Introduction
      1. Market Size and Forecast, By Nutritional Formulation
    2. DHA & Omega-3 Enriched Formula
      1. Market Size and Forecast, By Region
    3. Iron-Fortified Formula
      1. Market Size and Forecast, By Region
    4. Folic Acid-Enriched Formula
      1. Market Size and Forecast, By Region
    5. Probiotic & Digestive Health Formula
      1. Market Size and Forecast, By Region
    6. High-Protein Formula
      1. Market Size and Forecast, By Region
    7. Organic & Clean-Label Formula
      1. Market Size and Forecast, By Region
    8. Plant-Based Formula
      1. Market Size and Forecast, By Region
    9. Gestational Diabetes-Specific Formula
      1. Market Size and Forecast, By Region
  11. Anmum Materna Market, By Ingredient Source
    1. Introduction
      1. Market Size and Forecast, By Ingredient Source
    2. Dairy-Based Formula
      1. Market Size and Forecast, By Region
    3. Plant-Based Formula
      1. Market Size and Forecast, By Region
    4. Hybrid Formula
      1. Market Size and Forecast, By Region
  12. Anmum Materna Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Online Retail
      1. Market Size and Forecast, By Region
    3. Pharmacies & Drug Stores
      1. Market Size and Forecast, By Region
    4. Supermarkets & Hypermarkets
      1. Market Size and Forecast, By Region
    5. Specialty Mother & Baby Stores
      1. Market Size and Forecast, By Region
    6. Hospital & Clinic Sales
      1. Market Size and Forecast, By Region
    7. Direct-to-Consumer (D2C) & Subscription Models
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Pre-Conception Maternal Milk Powder
            1. Prenatal Pregnancy Milk Powder
              1. Postpartum & Lactation Milk Powder
              2. By Nutritional Formulation
                1. DHA & Omega-3 Enriched Formula
                  1. Iron-Fortified Formula
                    1. Folic Acid-Enriched Formula
                      1. Probiotic & Digestive Health Formula
                        1. High-Protein Formula
                          1. Organic & Clean-Label Formula
                            1. Plant-Based Formula
                              1. Gestational Diabetes-Specific Formula
                              2. By Ingredient Source
                                1. Dairy-Based Formula
                                  1. Plant-Based Formula
                                    1. Hybrid Formula
                                    2. By Distribution Channel
                                      1. Online Retail
                                        1. Pharmacies & Drug Stores
                                          1. Supermarkets & Hypermarkets
                                            1. Specialty Mother & Baby Stores
                                              1. Hospital & Clinic Sales
                                                1. Direct-to-Consumer (D2C) & Subscription Models
                                              2. U.S.
                                                1. By Product Type
                                                  1. Pre-Conception Maternal Milk Powder
                                                    1. Prenatal Pregnancy Milk Powder
                                                      1. Postpartum & Lactation Milk Powder
                                                      2. By Nutritional Formulation
                                                        1. DHA & Omega-3 Enriched Formula
                                                          1. Iron-Fortified Formula
                                                            1. Folic Acid-Enriched Formula
                                                              1. Probiotic & Digestive Health Formula
                                                                1. High-Protein Formula
                                                                  1. Organic & Clean-Label Formula
                                                                    1. Plant-Based Formula
                                                                      1. Gestational Diabetes-Specific Formula
                                                                      2. By Ingredient Source
                                                                        1. Dairy-Based Formula
                                                                          1. Plant-Based Formula
                                                                            1. Hybrid Formula
                                                                            2. By Distribution Channel
                                                                              1. Online Retail
                                                                                1. Pharmacies & Drug Stores
                                                                                  1. Supermarkets & Hypermarkets
                                                                                    1. Specialty Mother & Baby Stores
                                                                                      1. Hospital & Clinic Sales
                                                                                        1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Market Size and Forecast
                                                                                        1. By Product Type
                                                                                          1. Pre-Conception Maternal Milk Powder
                                                                                            1. Prenatal Pregnancy Milk Powder
                                                                                              1. Postpartum & Lactation Milk Powder
                                                                                              2. By Nutritional Formulation
                                                                                                1. DHA & Omega-3 Enriched Formula
                                                                                                  1. Iron-Fortified Formula
                                                                                                    1. Folic Acid-Enriched Formula
                                                                                                      1. Probiotic & Digestive Health Formula
                                                                                                        1. High-Protein Formula
                                                                                                          1. Organic & Clean-Label Formula
                                                                                                            1. Plant-Based Formula
                                                                                                              1. Gestational Diabetes-Specific Formula
                                                                                                              2. By Ingredient Source
                                                                                                                1. Dairy-Based Formula
                                                                                                                  1. Plant-Based Formula
                                                                                                                    1. Hybrid Formula
                                                                                                                    2. By Distribution Channel
                                                                                                                      1. Online Retail
                                                                                                                        1. Pharmacies & Drug Stores
                                                                                                                          1. Supermarkets & Hypermarkets
                                                                                                                            1. Specialty Mother & Baby Stores
                                                                                                                              1. Hospital & Clinic Sales
                                                                                                                                1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                              2. U.K.
                                                                                                                                1. By Product Type
                                                                                                                                  1. Pre-Conception Maternal Milk Powder
                                                                                                                                    1. Prenatal Pregnancy Milk Powder
                                                                                                                                      1. Postpartum & Lactation Milk Powder
                                                                                                                                      2. By Nutritional Formulation
                                                                                                                                        1. DHA & Omega-3 Enriched Formula
                                                                                                                                          1. Iron-Fortified Formula
                                                                                                                                            1. Folic Acid-Enriched Formula
                                                                                                                                              1. Probiotic & Digestive Health Formula
                                                                                                                                                1. High-Protein Formula
                                                                                                                                                  1. Organic & Clean-Label Formula
                                                                                                                                                    1. Plant-Based Formula
                                                                                                                                                      1. Gestational Diabetes-Specific Formula
                                                                                                                                                      2. By Ingredient Source
                                                                                                                                                        1. Dairy-Based Formula
                                                                                                                                                          1. Plant-Based Formula
                                                                                                                                                            1. Hybrid Formula
                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                              1. Online Retail
                                                                                                                                                                1. Pharmacies & Drug Stores
                                                                                                                                                                  1. Supermarkets & Hypermarkets
                                                                                                                                                                    1. Specialty Mother & Baby Stores
                                                                                                                                                                      1. Hospital & Clinic Sales
                                                                                                                                                                        1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                        1. By Product Type
                                                                                                                                                                          1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                            1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                              1. Postpartum & Lactation Milk Powder
                                                                                                                                                                              2. By Nutritional Formulation
                                                                                                                                                                                1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                  1. Iron-Fortified Formula
                                                                                                                                                                                    1. Folic Acid-Enriched Formula
                                                                                                                                                                                      1. Probiotic & Digestive Health Formula
                                                                                                                                                                                        1. High-Protein Formula
                                                                                                                                                                                          1. Organic & Clean-Label Formula
                                                                                                                                                                                            1. Plant-Based Formula
                                                                                                                                                                                              1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                              2. By Ingredient Source
                                                                                                                                                                                                1. Dairy-Based Formula
                                                                                                                                                                                                  1. Plant-Based Formula
                                                                                                                                                                                                    1. Hybrid Formula
                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                      1. Online Retail
                                                                                                                                                                                                        1. Pharmacies & Drug Stores
                                                                                                                                                                                                          1. Supermarkets & Hypermarkets
                                                                                                                                                                                                            1. Specialty Mother & Baby Stores
                                                                                                                                                                                                              1. Hospital & Clinic Sales
                                                                                                                                                                                                                1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                  1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                                                                    1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                                                                      1. Postpartum & Lactation Milk Powder
                                                                                                                                                                                                                      2. By Nutritional Formulation
                                                                                                                                                                                                                        1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                                                          1. Iron-Fortified Formula
                                                                                                                                                                                                                            1. Folic Acid-Enriched Formula
                                                                                                                                                                                                                              1. Probiotic & Digestive Health Formula
                                                                                                                                                                                                                                1. High-Protein Formula
                                                                                                                                                                                                                                  1. Organic & Clean-Label Formula
                                                                                                                                                                                                                                    1. Plant-Based Formula
                                                                                                                                                                                                                                      1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                                                                      2. By Ingredient Source
                                                                                                                                                                                                                                        1. Dairy-Based Formula
                                                                                                                                                                                                                                          1. Plant-Based Formula
                                                                                                                                                                                                                                            1. Hybrid Formula
                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                              1. Online Retail
                                                                                                                                                                                                                                                1. Pharmacies & Drug Stores
                                                                                                                                                                                                                                                  1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                    1. Specialty Mother & Baby Stores
                                                                                                                                                                                                                                                      1. Hospital & Clinic Sales
                                                                                                                                                                                                                                                        1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Singapore
                                                                                                                                                                                                                                                      7. Taiwan
                                                                                                                                                                                                                                                      8. South East Asia
                                                                                                                                                                                                                                                      9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                          1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                                                                                                            1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                                                                                                              1. Postpartum & Lactation Milk Powder
                                                                                                                                                                                                                                                              2. By Nutritional Formulation
                                                                                                                                                                                                                                                                1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                                                                                                  1. Iron-Fortified Formula
                                                                                                                                                                                                                                                                    1. Folic Acid-Enriched Formula
                                                                                                                                                                                                                                                                      1. Probiotic & Digestive Health Formula
                                                                                                                                                                                                                                                                        1. High-Protein Formula
                                                                                                                                                                                                                                                                          1. Organic & Clean-Label Formula
                                                                                                                                                                                                                                                                            1. Plant-Based Formula
                                                                                                                                                                                                                                                                              1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                                                                                                              2. By Ingredient Source
                                                                                                                                                                                                                                                                                1. Dairy-Based Formula
                                                                                                                                                                                                                                                                                  1. Plant-Based Formula
                                                                                                                                                                                                                                                                                    1. Hybrid Formula
                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                      1. Online Retail
                                                                                                                                                                                                                                                                                        1. Pharmacies & Drug Stores
                                                                                                                                                                                                                                                                                          1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                            1. Specialty Mother & Baby Stores
                                                                                                                                                                                                                                                                                              1. Hospital & Clinic Sales
                                                                                                                                                                                                                                                                                                1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                                                                                                  1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                                                                                                                                                    1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                                                                                                                                                      1. Postpartum & Lactation Milk Powder
                                                                                                                                                                                                                                                                                                      2. By Nutritional Formulation
                                                                                                                                                                                                                                                                                                        1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                                                                                                                                          1. Iron-Fortified Formula
                                                                                                                                                                                                                                                                                                            1. Folic Acid-Enriched Formula
                                                                                                                                                                                                                                                                                                              1. Probiotic & Digestive Health Formula
                                                                                                                                                                                                                                                                                                                1. High-Protein Formula
                                                                                                                                                                                                                                                                                                                  1. Organic & Clean-Label Formula
                                                                                                                                                                                                                                                                                                                    1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                      1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                                                                                                                                                      2. By Ingredient Source
                                                                                                                                                                                                                                                                                                                        1. Dairy-Based Formula
                                                                                                                                                                                                                                                                                                                          1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                            1. Hybrid Formula
                                                                                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                              1. Online Retail
                                                                                                                                                                                                                                                                                                                                1. Pharmacies & Drug Stores
                                                                                                                                                                                                                                                                                                                                  1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                    1. Specialty Mother & Baby Stores
                                                                                                                                                                                                                                                                                                                                      1. Hospital & Clinic Sales
                                                                                                                                                                                                                                                                                                                                        1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                          1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                                                                                                                                                                                            1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                                                                                                                                                                                              1. Postpartum & Lactation Milk Powder
                                                                                                                                                                                                                                                                                                                                              2. By Nutritional Formulation
                                                                                                                                                                                                                                                                                                                                                1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                                                                                                                                                                                  1. Iron-Fortified Formula
                                                                                                                                                                                                                                                                                                                                                    1. Folic Acid-Enriched Formula
                                                                                                                                                                                                                                                                                                                                                      1. Probiotic & Digestive Health Formula
                                                                                                                                                                                                                                                                                                                                                        1. High-Protein Formula
                                                                                                                                                                                                                                                                                                                                                          1. Organic & Clean-Label Formula
                                                                                                                                                                                                                                                                                                                                                            1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                                                              1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                                                                                                                                                                                              2. By Ingredient Source
                                                                                                                                                                                                                                                                                                                                                                1. Dairy-Based Formula
                                                                                                                                                                                                                                                                                                                                                                  1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                                                                    1. Hybrid Formula
                                                                                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                      1. Online Retail
                                                                                                                                                                                                                                                                                                                                                                        1. Pharmacies & Drug Stores
                                                                                                                                                                                                                                                                                                                                                                          1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                                                            1. Specialty Mother & Baby Stores
                                                                                                                                                                                                                                                                                                                                                                              1. Hospital & Clinic Sales
                                                                                                                                                                                                                                                                                                                                                                                1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Pre-Conception Maternal Milk Powder
                                                                                                                                                                                                                                                                                                                                                                                    1. Prenatal Pregnancy Milk Powder
                                                                                                                                                                                                                                                                                                                                                                                      1. Postpartum & Lactation Milk Powder
                                                                                                                                                                                                                                                                                                                                                                                      2. By Nutritional Formulation
                                                                                                                                                                                                                                                                                                                                                                                        1. DHA & Omega-3 Enriched Formula
                                                                                                                                                                                                                                                                                                                                                                                          1. Iron-Fortified Formula
                                                                                                                                                                                                                                                                                                                                                                                            1. Folic Acid-Enriched Formula
                                                                                                                                                                                                                                                                                                                                                                                              1. Probiotic & Digestive Health Formula
                                                                                                                                                                                                                                                                                                                                                                                                1. High-Protein Formula
                                                                                                                                                                                                                                                                                                                                                                                                  1. Organic & Clean-Label Formula
                                                                                                                                                                                                                                                                                                                                                                                                    1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                                                                                                      1. Gestational Diabetes-Specific Formula
                                                                                                                                                                                                                                                                                                                                                                                                      2. By Ingredient Source
                                                                                                                                                                                                                                                                                                                                                                                                        1. Dairy-Based Formula
                                                                                                                                                                                                                                                                                                                                                                                                          1. Plant-Based Formula
                                                                                                                                                                                                                                                                                                                                                                                                            1. Hybrid Formula
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                              1. Online Retail
                                                                                                                                                                                                                                                                                                                                                                                                                1. Pharmacies & Drug Stores
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Supermarkets & Hypermarkets
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Specialty Mother & Baby Stores
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Hospital & Clinic Sales
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Direct-to-Consumer (D2C) & Subscription Models
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                  2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                    2. Anmum Materna Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                        2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                        3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                  3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Nestlé
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                    2. Danone
                                                                                                                                                                                                                                                                                                                                                                                                                    3. Fonterra
                                                                                                                                                                                                                                                                                                                                                                                                                    4. Abbott
                                                                                                                                                                                                                                                                                                                                                                                                                    5. Arla Foods
                                                                                                                                                                                                                                                                                                                                                                                                                    6. FrieslandCampina
                                                                                                                                                                                                                                                                                                                                                                                                                    7. Meiji Holdings
                                                                                                                                                                                                                                                                                                                                                                                                                    8. HiPP
                                                                                                                                                                                                                                                                                                                                                                                                                    9. Yili Group
                                                                                                                                                                                                                                                                                                                                                                                                                    10. Mengniu Dairy