ByHeart has acquired a manufacturing facility in Allerton, Iowa, to enhance its production capacity and meet the growing demand for high-quality infant formula.

Target Information

ByHeart, a next-generation baby nutrition company founded in 2016 and headquartered in New York City, is dedicated to empowering parents with innovative feeding solutions. The company has made significant strides in the infant formula market, providing products that adhere to the highest nutritional standards and are free from additives like corn syrup and soy. Its unique clinical research supports the effectiveness of its infant formula, distinguished by a patented protein blend that closely resembles breast milk.

As of January 25, 2023, ByHeart has announced the acquisition of a manufacturing facility in Allerton, Iowa, from DairiConcepts, aiming to further enhance its production capabilities. This acquisition, combined with its existing facilities, positions ByHeart to meet the nutritional needs of approximately 500,000 infants annually.

Industry Overview

The infant formula industry in the United States has been historically dominated by three major players, controlling 90% of the market. This has led to a lack of competition and innovation within the