The global soy-based infant formula market size was valued at USD 2,910 million in 2025 and is projected to reach USD 4,450 million by 2031, expanding at a CAGR of 7.3% during 2026–2031.

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: Soy-Based Infant Formula 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 Soy-Based Infant Formula 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. Soy-Based Infant Formula Market, By Product Form
   1. Introduction
      1. Market Size and Forecast, By Product Form
   2. Powder Soy-Based Infant Formula
      1. Market Size and Forecast, By Region
   3. Ready-to-Feed Liquid Soy Formula
      1. Market Size and Forecast, By Region
   4. Concentrated Liquid Soy Formula
      1. Market Size and Forecast, By Region
10. Soy-Based Infant Formula Market, By Infant Stage (Age Group)
    1. Introduction
       1. Market Size and Forecast, By Infant Stage (Age Group)
    2. Stage 1 (0–6 Months)
       1. Market Size and Forecast, By Region
    3. Stage 2 (6–12 Months)
       1. Market Size and Forecast, By Region
    4. Stage 3 (12–24 Months / Toddler Formula)
       1. Market Size and Forecast, By Region
11. Soy-Based Infant Formula Market, By Certification & Labeling
    1. Introduction
       1. Market Size and Forecast, By Certification & Labeling
    2. Conventional Soy Formula
       1. Market Size and Forecast, By Region
    3. Organic Soy Formula
       1. Market Size and Forecast, By Region
    4. Non-GMO Certified Soy Formula
       1. Market Size and Forecast, By Region
    5. Allergen-Free / Medical-Grade Soy Formula
       1. Market Size and Forecast, By Region
12. Soy-Based Infant Formula Market, By Price Tier
    1. Introduction
       1. Market Size and Forecast, By Price Tier
    2. Mass-Market (Economy)
       1. Market Size and Forecast, By Region
    3. Mid-Premium
       1. Market Size and Forecast, By Region
    4. Premium / Organic
       1. Market Size and Forecast, By Region
13. Soy-Based Infant Formula Market, By Distribution Channel
    1. Introduction
       1. Market Size and Forecast, By Distribution Channel
    2. Supermarkets & Hypermarkets
       1. Market Size and Forecast, By Region
    3. Pharmacies & Drug Stores
       1. Market Size and Forecast, By Region
    4. Specialty Baby Stores
       1. Market Size and Forecast, By Region
    5. Online Retail 
       1. Market Size and Forecast, By Region
    6. Institutional Sales 
       1. Market Size and Forecast, By Region
14. Regional Overview
    1. Introduction
       1. Market Size and Forecast
    2. North America
       1. Market Size and Forecast
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       2. U.S.
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       3. Canada
    3. Europe
       1. Market Size and Forecast
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       2. U.K.
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       3. Germany
       4. France
       5. Spain
       6. Italy
       7. Russia
       8. Nordic
       9. Benelux
       10. Rest of Europe
    4. APAC
       1. Market Size and Forecast
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       2. China
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       3. Korea
       4. Japan
       5. India
       6. Australia
       7. Singapore
       8. Taiwan
       9. South East Asia
       10. Rest of Asia-Pacific
    5. Middle East and Africa
       1. Market Size and Forecast
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       2. UAE
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       3. Turky
       4. Saudi Arabia
       5. South Africa
       6. Egypt
       7. Nigeria
       8. Rest of MEA
    6. LATAM
       1. Market Size and Forecast
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       2. Brazil
          1. By Product Form
             1. Powder Soy-Based Infant Formula
             2. Ready-to-Feed Liquid Soy Formula
             3. Concentrated Liquid Soy Formula
          2. By Infant Stage (Age Group)
             1. Stage 1 (0–6 Months)
             2. Stage 2 (6–12 Months)
             3. Stage 3 (12–24 Months / Toddler Formula)
          3. By Certification & Labeling
             1. Conventional Soy Formula
             2. Organic Soy Formula
             3. Non-GMO Certified Soy Formula
             4. Allergen-Free / Medical-Grade Soy Formula
          4. By Price Tier
             1. Mass-Market (Economy)
             2. Mid-Premium
             3. Premium / Organic
          5. By Distribution Channel
             1. Supermarkets & Hypermarkets
             2. Pharmacies & Drug Stores
             3. Specialty Baby Stores
             4. Online Retail 
             5. Institutional Sales 
       3. Mexico
       4. Argentina
       5. Chile
       6. Colombia
       7. Rest of LATAM
15. Competitive Landscape, 2025
    1. Introduction
    2. Soy-Based Infant Formula 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
16. Company Profile
    1. Abbott Laboratories
       1. Business Overview
       2. Financial Data
       3. Key Product domains
       4. Recent Developments
    2. Nestlé S.A.
    3. Danone S.A.
    4. Reckitt Benckiser Group plc
    5. Perrigo Company plc
    6. The Kraft Heinz Company
    7. Beingmate Baby & Child Food Co., Ltd.
    8. Feihe International
    9. Meiji Holdings Co., Ltd.
    10. Morinaga Milk Industry Co., Ltd.