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Yahoo
3 hours ago
- Business
- Yahoo
Infant Formula Foods Market Size Expected to Reach USD 240.75 Billion by 2034, Driven by Strong Growth in India, Germany, and the United States
According to Towards FnB, the global infant formula foods market size is calculated at USD 100.45 billion in 2025 and is forecasted to reach around USD 240.75 billion by 2034, growing at a healthy CAGR of 10.2% during the forecast period from 2025 to 2034. Rising urbanization and working mothers in India, demand for organic and hypoallergenic products in Germany, and innovation-driven trends in the United States are fueling this rapid market expansion. Ottawa, July 25, 2025 (GLOBE NEWSWIRE) -- The global infant formula foods market size stood at USD 91.15 billion in 2024 and is expected to rise from USD 100.45 billion in 2025 to around USD 240.75 billion by 2034. The market is projected to grow at a double-digit CAGR of 10.2% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market is observing a huge boom due to increasing infant population in the developing regions, increased awareness about infant nutrition, and high demand for organic and unadulterated whole foods formula for babies. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Study Instantly | Download Sample Pages of the Report Now@ This report offers detailed segment-level data, regional analysis, and trend forecasting through 2034. Developed by Towards FnB analysts using proprietary modeling techniques and trusted data partnerships, it's designed to support strategic decision-making. Market Overview The infant formula foods consist of infant foods for babies from 0 to 36 months. These foods are filled with nutrition, essential vitamins, minerals, and fats essential for the growth of babies. Such foods are mimicked with the nutrition of human breast milk, which acts as a supplement or replacement of breast milk, depending on the growth of the baby. The infant formula foods market is observing a huge hike due to rising awareness about infant nutrition, rising infant population, and the spread of diseases, hampering a baby's health. Hence, it is essential to strengthen the immunity of a baby with the help of the required nutrition. Hence, the market is observing a huge boom due to such essential factors. Key Highlights of Infant Formula Foods Market By region, Asia Pacific led the infant formula foods market with highest market share of 45% in 2024. North America is expected to grow in the forecast period due to increasing demand for infant nutrition and wellness. By product, the infant milk formula (0-6 months) segment dominated the infant formula foods market with largest market share of 41%, whereas the organic infant formula segment is projected to grow in the future due to high demand for organic and clean-label baby foods. By form, the powdered formula segment captured the maximum market share of 72% in 2024, whereas the ready-to-feed formula segment is expected to grow in the foreseen period due to the hectic lifestyles of people today. By ingredient source type, the cow milk-based segment led the market with highest market share of 78% in 2024, and the goat milk-based or plant milk-based segment is expected to grow due to high demand for cleaner label products. By distribution channel, the supermarkets and hypermarkets segment registered the maximum market share of 38% in 2024, whereas the online segment is expected to grow due to its convenience factor. By packaging, the cans/tin segment generated the maximum market share of 64% in 2024, and the stick packs/sachets segment is expected to grow due to its convenience factor and its ease to feed a baby outdoors as well. By functionality, the standard nutrition segment dominated the infant formula foods market, whereas the digestive health and immunity support segment is observed to grow due to increased awareness about the precautions to be taken for infants and their overall health. By end-use, the infants with allergies or intolerances segment dominated the market, whereas the normal birth infants segment is observed to grow due to the rise of full-term births globally. New Trends in the Infant Formula Foods Market The rising population of working mothers who are unable to breastfeed their child or are unable to spend quality time with their child helps in the growth of the infant formula foods market. Such mothers rely on infant foods to complete their baby's nutritional requirements. Rising infant population, leading the infant food manufacturers to stuff their products with innovative ideas to sell their products, is also helping the growth of the market. The rising population of mothers who can't breastfeed their children due to medical issues or other reasons also helps in the growth of the infant formula foods market, as they rely on infant formulas to fill their babies' nutritional requirements. Top Companies in Infant Formula Foods Market & Their Contribution: Company Name Contribution Nestle S.A. Launched the NAN Sinergity formula—combining six HMOs with Bifidobacterium infantis probiotic; rolled out in 15+ markets in 2024 Danone S.A. Unveiled the Nuturis formula in China featuring milk fat droplets mimicking breast milk structure, aimed at improving digestibility and metabolic outcomes FrieslandCampina Doubling whey protein isolate capacity at its Netherlands plant and expanding infant-grade output; developing 'Step Up Nutrition' early-life platform focused on immunity, cognition, growth, gut and mental health Arla Foods Building a new drying tower at Argentina plant to double whey permeate powder capacity by 2026, ensuring infant-grade quality production; supporting expansion into nutrition applications View Full Market Intelligence@ Top Countries in Infant Formula Foods Market in 2025: India: India's infant formula market is witnessing robust growth, fueled by urbanization, dual-income households, and rising awareness of infant nutrition. Increasing participation of women in the workforce, especially in urban centers, has led to a higher reliance on convenience-based nutrition solutions, including infant formula. Germany: Germany, one of Europe's largest infant formula markets, is experiencing steady growth driven by high standards for nutrition, safety, and sustainability. German consumers are highly conscious of organic, non-GMO, and hypoallergenic ingredients, leading to strong demand for premium and specialty infant formula products. United States: In the United States, the infant formula market is shaped by innovation and evolving consumer preferences, but also recently by supply chain disruptions and recalls, which brought national attention to the sector. In response, the FDA and government agencies have fast-tracked approvals for international imports and are reevaluating domestic production policies. Recent Developments in the Infant Formula Foods Market In March 2025, the US FDA, under the leadership of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr, announced Operation Stork Speed that will ensure the safety of infant formula so that it remains safe, nutritious, and reliable for millions of American families relying on the infant formulas for their baby's nutrition content. (Source- In October 2024, Nestle India announced the launch of its infant food range 'Cerelac' with no refined sugar. The FMCG company was criticized for adding refined sugar to its infant food formula, hampering infant health. Hence, this launch was essential for the company. (Source- Market Dynamics What are the Growth Drivers of the Infant Formula Foods Market? The rising rate of working women unable to breastfeed their child is one of the major reasons for the infant formula market. Such mothers rely on infant formulas to complete the nutritional requirements of their baby as the formula mimics the nutrition of human breast milk, such as essential vitamins, minerals, and fats. A growing infant population is another major factor in the growth of the market. Rising awareness about infant nutrition and its importance for the overall health of a baby helps in the growth of the infant formula foods market. Rising disposable income, parental care for babies, and high demand for nutritional food are also some of the growth factors of the infant formula foods market. Challenge How Does High Regulatory Standards Cause Restraint for the Market? Infant formulas are highly subject to strict government regulatory standards, as it is essential to maintain the quality of baby foods. Hence, following such standards strictly may hamper the growth of the infant formula foods market. Following labelling laws, ingredient restrictions, and testing requirements incur huge costs. Hence, high costs of the whole manufacturing procedure may also restrain the growth of the market. Opportunities Rising demand for Personalized Options and Functional Foods is helping in the Growth of the Market. Rising demand for personalized infant formulas as per the child's age, growth, and nutritional requirements is helping the growth of the infant formula foods market. Rising demand for functional baby foods, helpful for their growth and overall nutrition, and to strengthen a child's immunity, is also fueling the growth of the market. E-commerce platform growth, allowing parents to order their personalized infant foods online, is also helping the growth of the infant formula market. Infant Formula Foods Market Regional Analysis Which Region Dominated the Infant Formula Foods Market in 2024? Asia Pacific dominated the infant formula foods market in 2024 due to multiple reasons, helping the growth of the market. Rising disposable income, higher demand for clean label products, rapid urbanization, and a rising population of working women who are unable to feed their infants promptly. Increasing demand for the health and nutrition of infants is also a growth factor for the market in the region. Countries like India, China, Japan, and South Korea have helped in the growth of the market in the Asia Pacific. North America is expected to grow the fastest in the forecast period. North America is expected to grow in the foreseen period due to high demand for clean-label products, high awareness about infant nutrition and overall well-being, hectic lifestyles, ready-to-make infant formula, and the increasing population of working women. Such factors lead to the growth of the infant formula foods market in the foreseeable period. Factors such as convenience and maintaining the nutritional value of infants are also some of the major factors in the growth of the market. Infant Formula Foods Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 10.2% Market Size in 2024 USD 91.15 Billion Market Size in 2025 USD 100.45 Billion Market Size by 2034 USD 240.75 Billion Dominated Region Asia Pacific Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Infant Formula Foods Market Segmental Analysis Product Analysis The infant milk formula segment dominated the infant formula foods market in 2024, due to the rising population of infants, rising demand for nutritional baby foods, and rising awareness about infant nutrition. Such factors help in the growth of the market. Rising urbanization and rising population of working women are also some of the factors that helped to dominate the market. The infant organic formula segment is expected to grow in the foreseen period due to high demand for clean-label products and infant formulas made from healthy ingredients. Such organic formulas do not consist of synthetic pesticides, GMOs, hormones, or antibiotics that hamper an infant's health. Hence, the segment is observed to grow in the foreseen period. Form Analysis The powdered formula segment dominated the infant formula foods market in 2024, due to its convenience of use and longer shelf life. The product can be easily stored as well, further fueling the growth of the market. The product can be easily mixed with milk or water and can be fed to an infant. Hence, it can be easily carried outdoors to feed a baby. The formula is packed with all the nutritional requirements as well. The ready-to-feed formula segment is expected to grow in the expected timeframe due to its convenience factor, which is essential for new parents. The ready-to-feed formula is a premix formula that doesn't need any further preparation, and it can be directly fed to an infant. Hence, such formulas are ideal for parents traveling with their infants, as they allow them to ensure their child's nutritional requirements and also allow them to carry such baby foods easily. Hence, the segment is observed to grow in the foreseen period. Ingredients Source Analysis The cow milk-based segment dominated the infant formula foods market in 2024, due to the high nutritional value of such baby foods. Such infant foods are high in calories, calcium, and protein, which help children grow. They are also essential for strengthening a baby's immunity to keep one strong from the spread of diseases, healthy for heart health, and are also essential for stronger teeth, brain cells, and bones of a child. Goat milk/plant milk-based segment is expected to grow in the foreseeable period due to high demand for cleaner-label products for infants. Goat milk-based formulas are healthy for the digestive system of infants, whereas plant-based milk formulas are helpful for certain digestive patterns suitable for infants. Such baby formulas are observed to grow in the future due to high demand for nutritional infant formulas and healthy digestive formulas for babies. Distribution Channel Analysis The supermarkets/hypermarkets segment dominated the infant formula foods market in 2024, due to its convenience of providing multiple products under one roof. Such places allow consumers to search for different types as per the requirements of infants under the same roof. Hence, the segment dominated the market. The online segment allows parents to order the ideal baby food for their child as per their requirements. Enhanced growth of e-commerce platforms, allowing parents to get infant formula delivered to their doorstep within minutes, is also fueling the growth of the market. Hence, the segment is helpful for the market's growth in the foreseen period. Packaging Analysis The cans/tins segment dominated the infant formula foods market in 2024, due to multiple benefits, such as cost-effectiveness and low sodium factors, which are essential for babies. Canned/tinned formulas are also packed with various nutritional elements such as fiber, vitamins, minerals, and fats, essential for infants' growth, overall health, and immunity. Hence, the segment dominated the market. The stick packs/sachets segment is expected to grow in the foreseen period due to its convenience factor, which is helpful to feed a baby while traveling or while being outdoors. Such stick packs or sachets have pre-measured baby formula and hence do not require any further measurement to prepare the formula for the baby to feed. It is also a hassle-free and hygienic method to feed an infant on the go while maintaining the infant's nutritional requirements. Functionality Analysis The standard nutrition segment dominated the infant formula foods market in 2024. The standard nutrition segment dominated the infant formula foods market due to rising awareness of standard nutrition for babies. Standard nutrition is highly necessary for infants for their overall development, growth, immunity, and the development of their brain cells. It is also necessary to maintain the energy levels of infants. The segment is also observing growth due to support from hospitals, the growth of e-commerce platforms, and increasing awareness about infant health and nutrition. The digestive health and immunity support segment is expected to grow in the foreseen period as it helps to maintain the gut health of infants, which is essential for their digestion, along with maintaining their immunity. Such baby foods help to target both the requirements of infants due to their inter-connectivity. Hence, the segment is observed to grow in the foreseen period. End-User Analysis The infants with allergies and intolerances segment dominated the market in 2024. The infants with allergies and intolerances segment dominated the market, as such infant foods help to lower the allergies and manage the intolerances of infants observed with such health concerns. Such formulas help to manage the health conditions along with providing the necessary nutrition to the infant as per their growing stage. The normal birth infant segment is observed to grow in the forecast period due to factors such as high adoption of stage-based infant formulas, increasing demand for clean label products, high focus on immunity and cognitive health of infants, and the rising growth of e-commerce platforms. Hence, the segment is observed to grow in the foreseen period. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Infant Nutrition Market: The global infant nutrition market size is set for steady growth increasing from USD 60.13 billion in 2025 to USD 144.11 billion by 2034, with a CAGR of 10.2% during the forecast period from 2025 to 2034. Infant Formula Ingredient Market: The global infant formula ingredient market size increasing from USD 25.01 billion in 2025 to USD 57.07 billion by 2034, driven by a CAGR of 9.60% during the forecast period from 2025 to 2034. Food Leavening Agent Market: The global food leavening agent market size is projected to witness strong growth from USD 7.64 billion in 2025 to USD 11.06 billion by 2034, reflecting a CAGR of 4.2% over the forecast period from 2025 to 2034. Food Texture Market: The global food texture market size is increasing from USD 16.67 billion in 2025 to USD 27.22 billion by 2034, driven by a CAGR of 5.6% during the forecast period from 2025 to 2034. Food Intolerance Products Market: The global food intolerance products market size is projected to grow from USD 97.47 billion in 2025 to USD 302.26 billion by 2034, reflecting a CAGR of 13.40% over the forecast period from 2025 to 2034. Superfoods Market: The global superfoods market size is expected to grow from USD 201.17 billion in 2025 to USD 288.82 billion by 2034, at a CAGR of 4.10% during the forecast period from 2025 to 2034. Infant Formula Foods Market Leading Companies Nestlé S.A. Danone S.A. Reckitt Benckiser Group plc (Mead Johnson) The Kraft Heinz Company Friesland Campina Arla Foods The Hain Celestial Group Bellamy's Organic Perrigo Company plc Bubs Australia Meiji Holdings Co., Ltd. Synutra International, Inc. Ausnutria Dairy Corporation Ltd Beingmate Baby & Child Food Co. Fonterra Co-operative Group Limited Yili Group Morinaga Milk Industry Co., Ltd. Holle baby food GmbH HiPP GmbH & Co. Vertrieb KG Segments Covered in the Report By Product Type Infant Milk Formula (0–6 months) Follow-on Milk Formula (6–12 months) Growing-up/Toddler Milk Formula (12–36 months) Specialty Formula Lactose-free Formula Hypoallergenic Formula Anti-reflux Formula Soy-based Formula Premature Infant Formula Organic Infant Formula DHA-enriched Formula By Form Powdered Formula (Dry Form) Liquid Concentrate Formula Ready-to-Feed (RTF) Liquid Formula By Ingredient Source Cow Milk-based Soy-based Goat Milk-based Plant-based (Almond, Coconut, Oat, etc.) Protein Hydrolysates By Distribution Channel Offline Channels Supermarkets/Hypermarkets Pharmacies/Drug Stores Convenience Stores Departmental Stores Baby Specialty Stores Online Channels Brand-owned E-commerce E-commerce Retailers (e.g., Amazon, Walmart, etc.) Subscription Services By Packaging Type Cans/Tins Carton Boxes Bottles Pouches Stick Packs/Sachets By Functionality Standard Nutrition Digestive Health Immunity Support Brain & Cognitive Development Bone & Muscle Development Allergy Management By End-user Demographics Preterm Infants Normal Birth Infants Infants with Allergies or Intolerances By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One AdvisorError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Independent
5 hours ago
- Business
- The Independent
Innovation heats up China's ice cream market
As scorching temperatures continue to grip much of China, the country's ice cream market is heating up — not just in terms of sales, but also in competition, innovation and strategic expansion. Industry players including dairy giants and upstart digital brands are capitalising on evolving consumer preferences, healthier lifestyles and new retail formats to reshape what was once a seasonal indulgence into a year-round, experiential category. According to Mintel Group, a market research institute, the packaged ice cream category in China is expected to maintain steady growth in the years ahead, buoyed by the development of cold-chain logistics, increased outdoor activities and the rapid development of e-commerce channels. However, it faces rising pressure from fresh ice cream and on-premises tea drink alternatives, and growth is increasingly being moderated by health-conscious consumers. Mintel forecasts a compound annual growth rate of 2.8 per cent in sales from 2025 to 2029, with volume growing at 1.8 per cent annually. The category is finding new ways to align with consumers' values around wellness, ingredients and emotional connections. Leading the charge is Wall's China, under The Magnum Ice Cream Company, which has doubled down on premiumisation and product diversity. The brand rolled out over 30 new products in 2025, with a focus on personalisation, texture innovation and indulgent experiences. 'We've observed that Chinese consumers increasingly seek out layered textures and novel forms,' said Benny Xu, Asia CMO of The Magnum Ice Cream Company. 'Our Cornetto multilayer sticks — featuring the brand's first-ever seven-layer ice cream — were developed in China and offer depth, crunch and a rich burst of flavour with every bite.' The company has also expanded beyond its classic chocolate bar format, launching its first frozen brownie cake dessert and the debut cone product under the Magnum brand in China. Wall's China's aggressive innovation strategy also extends into marketing. In March, the brand partnered with Guangling ancient town of Yangzhou, Jiangsu province, to launch a cultural creative city intellectual property ice cream, selling from over 800 locations. 'We turned ice cream into an edible cultural business card,' said Xu, adding that it was a 'model case' of merging tourism, heritage and snacking. To support this dynamic growth, Wall's China continues to invest in supply chain upgrades. Its facility in Taicang, Jiangsu province is the world's first 'lighthouse factory' in the global ice cream sector, which enables real-time production optimisation, energy efficiency and faster delivery — laying the foundation for personalised, sustainable ice cream experiences. Having built a reputation for high-quality A2-type milk, domestic dairy player Adopt a Cow has quickly emerged as a contender in the ice cream arena. Since entering the category in March 2024, the company has launched over 10 new products, tapping into its vertically integrated supply chain and clean-label positioning to set itself apart. Under the summer heat, Adopt a Cow's fresh milk-based offerings — including the Jing Mountain Matcha fresh milk ice cream — have seen explosive demand. The product, made from Hangzhou, Zhejiang province-grown matcha and the brand's own fresh milk, sold over 140,000 units in a week on e-commerce platforms. As consumer expectations evolve, ice cream is no longer just about cooling off. It's also about comfort, self-expression and shared experiences. Nestlé's ice cream unit is actively responding to these new demands through an innovation strategy built on four pillars — authentic ingredients, dessert-inspired textures, premiumisation and fun. The brand's offerings span traditional cones and sticks to novel forms like mini balls and rice dumplings. Its 'colourful personality box', launched in partnership with NetEase Cloud Music in April, aimed to engage Gen Z consumers around themes of identity and emotional resonance. In its most recent initiative, Nestlé became the official ice cream sponsor for the 2025 Jiangsu Football City League, connecting with youth through a fast-growing cultural-sports event that blends competitive energy with city-level creativity. With its 8th power and heartfelt cone products, the brand positioned itself as the 'cooling force' amid the summer heat and football fervour.
Arabian Business
6 hours ago
- Business
- Arabian Business
Dubai real estate: Property sales break records with 50,000+ Q2 transactions worth $72.8bn
Dubai's residential property market has reached unprecedented levels in the second quarter of 2025, with transaction volumes and values both setting new records, according to analysis from Knight Frank. Residential prices climbed 13.7 per cent compared to the same period last year, with villas leading the growth at 16 per cent year-on-year, Knight Frank's Dubai Residential Market Review Q2 2025 said. The emirate recorded over 51,000 home sales in Q2 2025, marking the highest quarterly figure on record. Dubai's residential market soars higher Total sales for the first half of 2025 reached more than 94,000 transactions, positioning the market to exceed the 169,000 deals completed in 2024. The value of residential sales in the first six months hit AED 268 billion, representing a 41 per cent increase from the corresponding period in 2024. Citywide residential prices rose 3.4 per cent during Q2 2025, reaching an average of AED 1,809 per square foot. Current values now stand 21.6 per cent above the previous market peak recorded in 2014. Faisal Durrani, Partner – Head of Research, MENA, said: 'The sustained growth in prices – now approaching five consecutive years since the current cycle began in November 2020 – is a clear sign of a more stable and predictable market environment. This is precisely the kind of consistency that global investors seek. Knight Frank's forecasts for 2025 remain unchanged, with 8 per cent growth expected in the mainstream market and 5 per cent in the prime segment. 'A segment to watch remains the villa market. Just 20 per cent of the planned housing supply through to the end of 2029 will fall in the villa category and with demand remaining centred on stand-alone family homes, the delta between villa and apartment price performance may well continue to widen.' Knight Frank maintains its 2025 forecasts, projecting 8 per cent growth in the mainstream market and 5 per cent in the prime segment. Villa values reached AED 2,172 per square foot, marking a 4 per cent quarterly increase and a 49.3 per cent rise since 2014. The prime residential segment achieved new records, with values across ten key communities rising 16 per cent over the past 12 months. The average prime transacted price now stands at AED 3,850 per square foot. Off-plan sales dominated the market, accounting for nearly 70 per cent of all transactions in Q2 2025. This reflects growing investor confidence and the appeal of new developments across Dubai. Prime areas including Palm Jumeirah, Emirates Hills, Jumeirah Bay Island, and Dubai Hills Estate remain the most sought-after locations, particularly among international high-net-worth individuals. Sales of homes priced above $10 million reached AED 9.5 billion in Q2 2025, the highest quarterly figure on record. For the first time since Q2 2023, apartments outpaced villas in the $10 million-plus segment, with 80 apartment sales compared to 63 villa transactions. Will McKintosh, Regional Partner – Head of Residential, MENA, added: 'The market is increasingly being shaped by genuine buyers rather than speculators, with resale activity within 12 months of purchase now at just 4–5 per cent, compared to 25 per cent in 2008. This shift toward end-user activity is a positive indicator of the market's growing maturity and long-term sustainability. 'As we approach the fifth year of Dubai's current growth cycle in November 2025, we are seeing the property market mature and align with global norms in a meaningful way. It has become more stable, more transparent and is underpinned by solid fundamentals. This shift is drawing in more long-term investors and end-users and is helping to strengthen Dubai's position as one of the most attractive residential markets globally.' Knight Frank's annual Destination Dubai 2025 report identifies the emergence of 'accidental millionaires' – homeowners whose properties have appreciated beyond $1 million due to market inflation. As of Q2 2025, Dubai contains 110,000 such homes, with 37,000 owned by individuals who originally purchased below the million-dollar threshold. The current growth trajectory positions 2025 to surpass the AED 367 billion in residential sales achieved in 2024, with sustained momentum across all market segments.
Yahoo
2 days ago
- Business
- Yahoo
Cloud Computing Market Size Worth USD 5,150.92 Billion by 2034
The global cloud computing market size is expected to be worth USD 5,150.92 billion by 2034 from USD 912.77 billion in 2025. According to Precedence Research, the market is projected to grow at a double-digit CAGR of 21.20% from 2025 to 2034. Ottawa, July 23, 2025 (GLOBE NEWSWIRE) -- In terms of revenue, the cloud computing market reached USD 753.11 billion in 2024 and is projected to hit over USD 3,506.54 billion by 2032. A government's compliance with international regulations and standards, technological integration, and interoperability transform public services for the digital age. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for Before You Buy – Get the Sample Report@ Cloud Computing Market Highlights: The global cloud computing market size is estimated to reach USD 912.77 billion in 2025. It is projected to hit USD 5,150.92 billion by 2034. The market is growing at a remarkable CAGR of 21.20% from 2025 to 2034. North America accounted for the largest market share of 41% in 2024. Asia Pacific is expected to grow at the fastest CAGR from 2025 to 2034. By deployment, the private segment held the major market share of 47% in 2024. By deployment, the hybrid segment is expanding at a solid CAGR from 2025 to 2034. By service, the software as a service (SaaS) segment contributed the highest market share of 55% in 2024. By end user, the BFSI segment generated the highest market share of 26% in 2024. By end user, the manufacturing segment is expected to grow at the fastest CAGR during the forecast period. By organization size, the large enterprises segment captured the largest market share of 51.7% in 2024. By organization size, the small and medium-sized enterprises (SMEs) segment is expected to grow at the fastest CAGR during the forecast period. By workload, the database management segment dominated the market in 2024. Market Overview and Industry Potential How did the Cloud Computing Platforms Introduce Rapid Digital Transformation? Cloud computing refers to on-demand access to computing resources, which include physical servers, virtual servers, application development tools, and many others. Cloud computing technology is the crucial medium for accessing cloud applications such as Google Gmail, Netflix, cloud-hosted video games, etc. It also plays a pivotal role in businesses from small startups to global enterprises. It introduces increased speed, agility, cost-effectiveness, unlimited scalability, and enhanced strategic value. In December 2024, AWS and TSYS Financial Services announced the shift to the cloud, which includes responsible innovation. View Full Market Intelligence@ Major Trends in the Cloud Computing Market What is the Emergence of Advanced Technologies? Data Centers and Networking Capabilities: Remote data centers involve physical or metal bare servers, physical hardware, and cloud storage systems that create the infrastructure for cloud computing. Moreover, high-speed networking connections are important in networking capabilities. Cloud Computing Services: These include services such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). These services offer full control over IT infrastructure and allow organizations to build and manage systems. Growth Factors in the Cloud Computing Market Serverless Computing: It is one of the cloud computing models that can offload back-end infrastructure management tasks such as scaling, scheduling, and patching to the cloud provider. Cloud Security: It involves shared responsibility for security, data encryption, collaborative management, and compliance monitoring. These are the best practices for cloud security. What is the Role of AI in the Cloud Computing Industry? The benefits of artificial intelligence in cloud computing include automation, data analysis, security, cost optimization, scalability, productivity, and data management. AI helps in resource optimization, customer service, predictive analytics, and natural language processing (NLP). It also assists in computer vision, recommendation systems, anomaly detection, and business intelligence. Recent Breakthroughs in the Cloud Computing Market In January 2025, Vantage Data Centers announced the investment of $13 billion in debt and equity across new and current investors and also reported significant growth in 2024 driven by the rising demand for cloud computing and AI. (Source: In October 2024, the Center for Security and Emerging Technology reported that Amazon, Google, and Microsoft announced 21 investments across 15 countries for a total of $130 billion between January and July 2024. (Source: In September 2024, Amazon announced the investment of £8 billion ($10.45 billion) to establish cloud and AI infrastructure. (Source: In April 2024, Microsoft announced the investment of US$2.9 billion in AI and cloud infrastructure in Japan to accelerate the skills, research, and cybersecurity of the nation. (Source: Limitations and Challenges in the Cloud Computing Market What are the Challenges of AI in Cloud Computing? Data Privacy: It is possible for AI models to expose sensitive information from training datasets. It raised the need for robust data governance and security measures to address these risks effectively. Data Integration: It is challenging for AI models to integrate and standardize data from internal units, external sources, and partners for businesses. Scope of Cloud Computing Market Report Attributes Statistics Market Size in 2024 USD 753.11 Billion Market Size in 2025 USD 912.77 Billion Market Size in 2030 USD 2,387.12 Billion Market Size in 2032 USD 3,508.54 Billion Market Size in 2034 USD 5,150.92 Billion CAGR (2025-2034) 21.20% U.S. Market Size in 2025 USD 523.29 Billion U.S. Market Size in 2034 USD 2,992.81 Billion U.S. Market CAGR (2025-2034) 21.36% Dominated Region in 2024 North America (Holding 41% Market Share) Fastest Growing Region Asia Pacific (2025-2034) Base Year 2024 Historic Years 2020 to 2023 Forecast Years 2025 to 2034 Segments Covered Deployment, Service, End User, Organization Size, Workload, Geography Regions Covered North America, Europe, Asia-Pacific, Latin America, Middle East & Africa (MEA) Set up a meeting at your convenience to get more insights instantly! How North America Dominated the Cloud Computing Market in 2024? North America dominated the cloud computing market in 2024 owing to the support offered by cloud service providers to governments. Some of the customized solutions for government are Microsoft Azure Government, AWS GovCloud (US), and Google Cloud for Government. There are enhanced security and compliance measures, including FedRAMP Compliance and the DoD Cloud Computing Security Requirements Guide. The customized solutions for government include dedicated government cloud platforms and scalable infrastructure. How Big is the U.S. Cloud Computing Market? According to Precedence Research, the U.S. cloud computing market size surpassed USD 431.76 billion in 2024 and is expected to grow from USD 523.29 billion in 2025 to USD 2,992.81 billion by 2034. The market is poised to grow at a notable CAGR of 21.36% from 2025 to 2034. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for Before You Buy – Get the Sample Report@ How does the U.S. Lead with the Cloud Smart Initiative? The U.S. General Services Administration (GSA) took IT initiatives across various sectors, including artificial intelligence, cybersecurity, digital strategy, and IT modernization. The U.S. federal cloud computing strategy aims to accelerate the adoption of cloud-based solutions and name them cloud smart. This new strategy focuses on the adoption of cloud services and solutions across three important sectors, including security, procurement, and workforce. What is the Rising Trend of Cloud Adoption in Asia Pacific? The Asia Pacific is expected to grow at the fastest CAGR in the cloud computing market during the forecast period due to the great economic impact of cloud computing on the economies of India, Australia, Japan, Indonesia, Philippines, New Zealand, Singapore, Malaysia, Thailand, Vietnam, and the Republic of Korea. The countries with greater cloud penetration driven by cloud-enabling government policies are experiencing the marginal economic impact of cloud adoption. Government policies promote cloud adoption and impact the rest of the economy. In December 2024, the Ministry of Information and Broadcasting reported about India's digital revolution, driven by transforming infrastructure, governance, and public services. (Source: How is the Digital Revolution in India? The National Informatics Center reported on the cloud computing initiative of the Government of India, which focuses on accelerating the delivery of e-services in India. It also pays attention to improving the ICT expenditure of the government. This initiative ensures the optimum use of infrastructure and rapid development and deployment of eGov applications. Cloud Computing Market Segmentation Analysis Deployment Analysis How Private Segment Dominated the Cloud Computing Market in 2024? The private segment dominated the cloud computing market in 2024 owing to the diverse range of private clouds, including on-premises private cloud, virtual private cloud, hosted private cloud, and managed private cloud. These types of private cloud services are advantageous in terms of full control of the organization over the environment, greater visibility and control over data storage and workloads, and customization. These services offer enhanced security, regulatory compliance, and predictable and stable costs. They result in improved performance and modernization of legacy applications. The hybrid segment is expected to grow at the fastest CAGR in the cloud computing market during the forecast period due to the high preference of most large enterprises for hybrid cloud approaches. These hybrid cloud services include combinations of on-premises, public cloud, private cloud, and edge settings. The hybrid cloud services are used in combination with multi-cloud service solutions, which raises their importance in the global market. Service Analysis What made Software as a Service (SaaS) the Dominant Segment in the Cloud Computing Market in 2024? The Software as a Service (SaaS) segment dominated the cloud computing market in 2024 and is expected to grow at the fastest CAGR during the predicted timeframe owing to the high demand for SaaS services as ready-to-use software applications. SaaS services can allot tasks of software development and infrastructure management to cloud service providers. SaaS services also contribute to maintaining the server hardware and software, managing user access and security, storing and managing data, and implementing upgrades. End User Analysis How did the BFSI Segment Dominate the Cloud Computing Market in 2024? The BFSI segment dominated the cloud computing market in 2024 owing to the benefits of cloud computing to the banking, financial services, and insurance (BFSI) sectors to detect frauds, reduce costs, strengthen security, and comply with regulations. This technology helps the BFSI sector with customer relationship management (CRM) and greater scalability for financial services. The BFSI sector gets benefits in business case development, solution design, execution, and vendor management from planning and implementing cloud solutions. The manufacturing segment is expected to grow at the fastest CAGR in the cloud computing market during the forecast period due to the strategic advantages of cloud computing for manufacturers. This technology can transform operations with enhanced scalability and flexibility. It drives cost reduction and operational efficiency by revolutionizing data management. It helps the manufacturing sector to optimize its supply chain, enhance product development, and accelerate innovations. It contributes to advancing smart manufacturing, promotes sustainability in manufacturing, and ensures security and compliance. Organization Analysis How Large Enterprises Segment Dominated the Cloud Computing Market in 2024? The large enterprises segment dominated the cloud computing market in 2024 owing to the various cloud computing solutions, including service models and some vital components such as infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), public cloud, private cloud, and hybrid cloud hold superior potential to transform business operations. Cloud computing expands the businesses of large enterprises through scalability, cost efficiency, business continuity, and some other advantageous modes. It introduces enhanced security and collaborations, allows remote work, and maintains innovation and competitiveness. The small and medium-sized enterprises (SMEs) segment is expected to grow at the fastest CAGR in the cloud computing market during the predicted timeframe due to the benefits of cloud computing to these businesses in terms of cost savings, scalability, flexibility, enhanced collaboration, improved security, etc. It also results in data backup, disaster recovery, environmental sustainability, and provides access to advanced technologies. Workload Insights What made Database Management the Dominant Segment in the Cloud Computing Market in 2024? The database management segment dominated the cloud computing market in 2024 owing to the advantages of cloud database management, including enhanced reliability, reduced costs, improved security, and increased flexibility. It also offers simplified management and revolutionized data storage and data management in businesses. It results in vendor inventory management and improved regulatory compliance. Related Topics You May Find Useful: The global edge computing market size is calculated at USD 432.94 billion in 2024 is predicted to increase from USD 564.56 billion in 2025 to approximately USD 5,132.29 billion by 2034, growing at a CAGR of 28% from 2025 to 2034. The global healthcare cloud computing market size was valued at USD 61.78 billion in 2023 and is predicted to surpass around USD 210.02 billion by 2033 with a registered CAGR of around 13.01% during the forecast period 2024 to 2033. The global high performance computing as a service market size accounted for USD 38.82 billion in 2024 and is predicted to increase from USD 41.3 billion in 2025 to approximately USD 72.12 billion by 2034, expanding at a CAGR of 6.39% from 2025 to 2034. The global cloud computing in automotive market size was estimated at USD 8.31 billion in 2024 and is anticipated to reach around USD 36.96 billion by 2034, expanding at a CAGR of 16.09% from 2025 to 2034. The global high performance computing market size accounted for USD 54.76 billion in 2024 and is predicted to increase from USD 59.85 billion in 2025 to approximately USD 133.25 billion by 2034,, expanding at a CAGR of 9.3% from 2025 to 2034. The global embedded computing market size is estimated at USD 112.73 billion in 2024 and is anticipated to reach around USD 199.99 billion by 2034, expanding at a CAGR of 5.90% from 2024 to 2034. The global next generation computing market size was estimated at USD 234.13 billion in 2024 and is predicted to increase from USD 281.2 billion in 2025 to approximately USD 1,461.83 billion by 2034, expanding at a CAGR of 20.10% from 2025 to 2034. Cloud Computing Market Leading Companies AWS Microsoft Azure Google Cloud Alibaba Cloud Oracle IBM Cloud Tencent Cloud OVHcloud DigitalOcean Linode RackSpace Salesforce Adobe Verizon Cloudera What is Going Around the Globe? In November 2024, Microsoft and Atom Computing announced the launch of a commercial quantum machine with the largest number of entangled logical qubits on record. (Source: In November 2024, IBM announced the launch of its most advanced quantum computers that will accelerate the value of new scientific innovations and achieve progress towards quantum computing. (Source: Cloud Computing Market Segments Covered in the Report By Deployment Private Hybrid Public By Service Software as a Service (SaaS) Customer Relationship Management (CRM) Enterprise Resource Management (ERM) Human Capital Management (HCM) Content Management Collaboration and Productive Suites Supply Chain Management (SCM) Others (Business Intelligence (BI) and Analytics, PPM and operations and manufacturing applications) Infrastructure as a Service (IaaS) Primary Storage Disaster Recovery and Backup Archiving Compute Platform as a Service (PaaS) Application Development and Platforms Application Testing and Quality Analytics and Reporting Integration and Orchestration Data Management By End User IT and Telecom BFSI Manufacturing Healthcare Retail and Consumer Goods Media and Entertainment Energy and Utilities Government and Public Sector Others By Organization Size Small and Medium-sized Enterprises (SMEs) Large Enterprises By Workload Storage, Backup, and Disaster Recovery Application Development and Testing Database Management Business Analytics Integration and Orchestration Enterprise Resource Management Collaboration and Content Management By Region North America U.S. Canada Mexico Asia Pacific China Singapore Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa South Africa UAE Saudi Arabia Kuwait Thank you for reading. 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We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Web: Our Trusted Data Partners: Towards Healthcare | Towards Packaging | Towards Automotive | Towards Chem and Materials | Towards FnB | Towards Consumer Goods | Statifacts | Towards EV Solutions | Towards Dental | Nova One Advisor Get Recent News: For the Latest Update Follow Us: LinkedIn | Facebook | TwitterError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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2 days ago
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ValuStrat's latest report: Dubai residential sales surge with moderating price growth and increasing affordability pressures
The latest Dubai 2nd quarter real estate review report from ValuStrat, a globally recognised consultancy specialising in multi-sector advisory services, has revealed insightful dynamics in Dubai's real estate market. The report comprehensively analyses the residential, commercial, and hospitality sectors and underscores a market showing robust growth and market activity. Haider Tuaima, Managing Director and Head of Real Estate Research, shares his synopsis of Dubai's real estate market. According to him, there is a deceleration in price growth and growing affordability pressures. The quarter marked a significant milestone with nearly 37,000 off-plan transactions, averaging over AED 3.1 million per unit. Ready home sales also saw a 10.4% quarterly increase, driven by robust activity in April and May, reaching a record 13,700 title deed registrations, with an average price of AED 2.7 million. The estimated number of new homes scheduled for delivery in 2025 has been revised to 66,596 units. The first half of the year saw approximately 17,500 homes completed, equivalent to less than a third of the annual forecast. According to the ValuStrat Price Index (VPI), capital values in Dubai's freehold residential market continued to grow, though at a slower pace compared to 2024. Apartment prices rose by 19.1% YoY, while villa prices increased by 28.7%. This marks a slowdown compared to the same period last year, when apartment prices had risen by 23.4% and villa prices by 33.4%. Rental growth also moderated, with villa rents up 4.8% and apartment rents up 7.2% annually. Demand for office space remained strong, supported by sustained economic growth and business expansion. Office capital values grew 4.9% QoQ and 23.7% YoY, compared to 31.7% annual growth in 2024. In the industrial segment, logistics warehouses led performance, with 16.2% annual and 4.1% quarterly capital gains, underscoring continued strength in the sector. He concludes that as supply ramps up in the second half of the year, close attention will be needed to monitor its impact on pricing dynamics. Nonetheless, the outlook remains positive across residential, office, and industrial sectors. To learn more about ValuStrat's real estate market capabilities and our research outputs, please visit ValuStrat's Insights Webpage. About ValuStrat: ValuStrat is an international consulting group providing Advisory, Valuations, Research, Transaction Advisory, Due Diligence and Industrial Consulting services, working across various industry sectors. With 45+ years of experience, a network of 16 offices in 5 countries and a client base of 1,000 corporations across the Middle East, UK, Europe and Africa, ValuStrat assists diverse clients, from governments, multinationals, large local corporations and financial institutions to startups, SMEs and family businesses. For Valuation services, it is the preferred service provider to over 120 financial institutions across the EMEA region.
