Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the baby food market provides an in-depth analysis
of segments and sub-segments in the global as well as a regional baby food
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional baby food market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global baby food market. According to the
report, the global baby food market is projected to grow at a CAGR of 7.2% over
the forecast period of 2019-2025.
Baby food is foodstuffs processed
and manufactured for the nutritional health of infants in their earlier years
between four months to two years of age. These foods are soft, easy to consume
food products other than breastmilk. Baby food products contain nutritious
organic whole foods and serve as a way to healthily feed a child while in
transit, outside home or when engaged in any of the other innumerable. They
come in several varieties and flavors are easily available in retail stores, convenient
stores, supermarkets, hypermarkets, and online stores.
The global baby food market is
driven by factors such as a rising population of women in the workforce, busy
lifestyle, increasing disposable income, perception of baby food as a status
quotient in high-income groups. In addition, greater awareness about packaged
baby food among parents to adequately fulfill the nutritional requirements of
the infants are encouraging the growth of the baby food market. Furthermore,
government and non-government initiatives such as Women, Infant, Children The
program, USDA Nutrition Assistance Programs, and several other programs, which
provide baby food to low-income families, promote the growth of the baby food
market. On the other hand, regulation pertaining to food safety has caused
multiple recalls of baby foods because of concerns about contamination or
spoilage hamper the growth of the baby food market. Another factor that is
likely to restrain the baby food market is the falling birth rate in developed
markets and government initiatives promoting breastfeeding and homemade baby
food. High potential coupled with untapped markets and rising number of women
in the workforce worldwide, the emergence of organic baby foodstuffs,
availability of these foodstuffs on e-commerce websites will provide growth
opportunities for the leading and emerging player. Another, major challenge for
the baby food industry is to comply with highly strict and healthy regulations
pertaining to baby food nutritional standards.
The Asia-Pacific is the key
consumer for baby food products in the global market and accounted for the
highest global market shares in 2017. The growing urbanization and changing
lifestyle is boosting the growth of the Asia-Pacific baby food market. Women account
for half of the combined population of Asia-Pacific that highly contributes to
the growth of the Asia-Pacific market. Europe is another promising market with
over XX% global market share followed by North America at XX%. Growth in this
region is highly attributed to the rising participation of women in the
workforce and drastically changing lifestyle. Furthermore, the APAC region is
expected to continue its dominance over the forecast period owing to emerging
markets such as India, China, and Indonesia. India currently has about 125-150 million children within the age of four, making it the largest market in Asia
for baby food producers and allied industries.
The report on the global baby
food market covers segments such as type, product, and distribution channel. On
the basis of type, the sub-markets include conventional baby foods and organic
baby foods. On the basis of product, the sub-markets include cereals, bottled
food, food soups, frozen food, dried baby food, infant formula, and other
products. On the basis of the distribution channel, the sub-markets include
modern trade, convenience stores, drugs store, online retail, and other
distribution channels.
The report provides profiles of
the companies in the market such as Bristol-Myers Squibb Company, Danone S.A.,
Abbott Laboratories, Hero Baby, Kraft Heinz Company, Nestlé S.A., Perrigo
Company plc, The Hain Celestial Group, Inc., Reckitt Benckiser Group plc,
Campbell Soup Company, and Other Companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the baby food market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.