
T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
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Similac Advance, owned by Abbott Nutrition, was the top ranked baby formula (powder) brand in the United States in 2016, with sales amounting to approximately million U.S. dollars. Enfamil Premium, owned by Mead Johnson, was its closest competitor in that year with sales of around million U.S. dollars. Seven of the top ten brands were owned by either Abbott Nutrition or Mead Johnson, clearly showcasing the two companies’ dominance within the market.
What is baby milk formula?
Baby milk formula, also known as infant formula or simply formula, is produced to feed babies or infants under one year of age. Milk formula can come in two forms: powder and liquid. According to sales figures, powder is by far the most popular choice for American parents. Baby milk formula is the highest selling segment of the baby food market in the United States and is expected to retain the top spot into 2025, with forecast sales of around *** billion U.S. dollars.
The competitive landscape
In 2016, Abbott Nutrition was the leading ready-to-drink baby formula vendor in the United States, controlling over two thirds of the market. Mead Johnson came in second place with a market share just over ** percent. Just three percent of the market was controlled by other vendors, including private labels.
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.