At 9.9% CAGR, the North America Human Milk Fortifier Market is Projected to be worth US$ 179.99 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the North America human milk fortifier market is expected to grow from US$ 93.20 million in 2023 to US$ 179.99 million by 2030, registering a CAGR of 9.9% from 2023 to 2030. Increase in number of preterm births is a critical factor attributed to the North America human milk fortifier market expansion.

In recent years, the number of preterm births has increased owing to changing lifestyles, and chronic diseases such as diabetes and high blood pressure. According to the Centers for Disease Control and Prevention (CDC), in 2021, preterm birth affected ~1 of every ten infants born in the US. The preterm birth rate in the US rose from 10.1% in 2020 to 10.5% in 2021. The World Health Organization (WHO) estimated that ~13.4 million babies were born in 2020. The preterm birth complication is the leading cause of death among children under five years of age, responsible for ~900,000 deaths in 2019. Preterm babies may have breathing problems, feeding difficulties, development delays, cerebral palsy, and vision and hearing problems. The increasing number of preterm births has surged the demand for human milk fortifiers for the proper growth and development of infants. Many preterm infants need extra nutrients added to their mother’s milk. They often need extra protein, calcium, phosphorous, and even salt to build strong bones and healthy organs. Human milk fortifiers help provide these extra nutrients to infants. In human milk fortifiers, additional nutrients are added to the milk before it is fed to the babies. Thus, a surge in the number of preterm births is bolstering the North America human milk fortifier market growth. This is expected to drive the North America human milk fortifier market during the forecast period.

On the contrary, stringent government policies hurdles the growth of North America human milk fortifier market. 

Based on form, the North America human milk fortifier market is bifurcated into powder and liquid. The powder segment held 56.5% market share in 2023, amassing US$ 52.64 million. It is projected to garner US$ 103.45 million by 2030 to expand at 10.1% CAGR during 2023–2030.

Based on distribution channel, the North America human milk fortifier market is bifurcated into online and offline. The offline segment held 68.7% market share in 2023, amassing US$ 64.04 million. It is projected to garner US$ 122.58 million by 2030 to expand at 9.7% CAGR during 2023–2030.

Based on country, the North America human milk fortifier market has been categorized into the US, Canada, and Mexico.  Our regional analysis states that the US captured 85.8% share of North America human milk fortifier market in 2023. It was assessed at US$ 79.96 million in 2023 and is likely to hit US$ 155.52 million by 2030, exhibiting a CAGR of 10.0% during 2023–2030.            

Key players operating in the North America human milk fortifier market are Abbott Laboratories, Nestle SA, Prolacta Bioscience Inc, Raptakos, Brett & Co Ltd, Danone SA, Neolac Inc, and Reckitt Benckiser Group Plc, among others.

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