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How big is the supplements and infant milk formula for travel retail market today, and what are its future growth expectations?
The supplements and infant milk formula for travel retail market size has grown rapidly in recent years. It will grow from $2.77 billion in 2024 to $3.13 billion in 2025 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to an increase in the number of families traveling with infants, an increase in the aging population, increased demand for specialty supplements, and growing awareness.
The supplements and infant milk formula for travel retail market size is expected to see rapid growth in the next few years. It will grow to $5.01 billion in 2029 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to increased health and nutrition education programs, an increasing number of working mothers, and growing demand for health and wellness products. Major trends in the forecast period include an increasing focus on eco-friendly and sustainable formulas, convenient packaging, collaborations and partnerships, and digital integration.
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What have been the primary factors driving the supplements and infant milk formula for travel retail market’s growth?
An increasing infant population is expected to propel the growth of supplements and infant milk formulas in the travel retail market going forward. Infant population typically refers to the demographic group of children under one year old within a given population or region. The rise in birth rates and improved healthcare have led to higher infant survival rates. Supplements and infant milk formula provide the infant population with essential nutrients crucial for growth and development. For instance, in November 2024, according to the reports published by the Office for Health Improvement & Disparities, a UK-based government organisation, in 2023-2024, 83.0% of infants received their new birth visit within 14 days of birth, an increase of 3.1 percentage points from 2022-2023. Therefore, the increasing infant population is driving the growth of supplements and infant milk formulas in the travel retail market.
What are the key segments within the supplements and infant milk formula for travel retail market?
The supplements and infant milk formula for travel retail market covered in this report is segmented –
1) By Type: Supplements, Adult, Infant Milk Formula
2) By Product Form: Powder, Liquid, Ready-To-Feed
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Pharmacies Or Drugstore, Online Retail, Other Distribution Channel
Subsegments:
1) By Supplements: Vitamins And Minerals, Herbal Supplements, Protein & Amino Acids, Probiotics
2) By Adult: General Adult Nutrition, Senior Nutrition, Sports Nutrition
3) By Infant Milk Formula: Standard Infant Formula, Follow-On Formula, Growing-Up Milk, Specialty Infant Formula
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Which key players are shaping the supplements and infant milk formula for travel retail market?
Major companies operating in the supplements and infant milk formula for travel retail market are Nestlé S.A., Pfizer Inc., Bayer AG, Abbott Laboratories, Danone S.A., Reckitt Benckiser Group plc, Amway Corporation, Glanbia plc, Herbalife Nutrition Ltd., Nature’s Bounty Co., GNC Holdings Inc., Blackmores Limited, Swisse Wellness Group Pty Ltd, Vitabiotics Ltd., Hero Nutritionals LLC, Weider Global Nutrition, Elevit, Similac, Nutricia, Pediasure
How will emerging trends drive the supplements and infant milk formula for travel retail market throughout the forecast period?
Major companies operating in the supplements and infant milk formula for travel retail market are developing baby formula products with dairy and plant blends to cater to evolving consumer preferences and sustainability concerns. Dairy and plants blend baby formula, an infant formula that integrates dairy-based ingredients with plant-based components, aiming to provide a comprehensive nutritional profile suitable for infants. For instance, in July 2022, Danone S.A., a French-based food-products company, launched a dairy and plant blend infant formula that combines dairy and plant-based ingredients to provide complete infant nutrition while catering to the growing demand from parents for more plant-based feeding options. The formula, which contains 60% non-GMO soy protein and 40% dairy protein from casein and whey, also includes lactose, omega-3 DHA, and prebiotics. It is a nutritionally complete and gentle introduction to plant-based flavors for babies. The dairy and plants blend has a 30% lower carbon footprint due to plant-based ingredients and fully recyclable packaging.
How do regional factors impact the supplements and infant milk formula for travel retail market, and which region is the largest contributor?
Europe was the largest region in the supplements and infant milk formula for travel retail market in 2024. The regions covered in the supplements and infant milk formula for travel retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Supplements And Infant Milk Formula For Travel Retail Market Report 2025 Offer?
The supplements and infant milk formula for travel retail market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Supplements and infant milk formula for travel retail refers to dietary supplements and baby formula products that are specifically marketed and sold in travel-oriented retail environments such as airports, duty-free shops, and in-flight stores. These products cater to travelers’ needs for convenience and accessibility while on the go, ensuring that they can maintain their nutritional regimen and provide proper nutrition for infants even while traveling.
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