Micro News Wire analyst forecast that the Global Baby Food Market is set to reach nearly USD 90.8 billion by 2025, growing at a CAGR of 6.1% over the forecast period (2017-2025).
Globally demand for baby food is continuously rising on the back of growth in the number of working women, increase parenting concerns, quality substitute to the homemade baby food, and moreover, it acts as a nutritional supplement such as in the case of milk intolerance among the babies. As per the different organization survey, breastfeeding is considered to be the healthiest requirement especially among the babies between 0-6 months and milk formula is the apt substitute in case mother is unable to feed. After the age of 6 months in general, solid baby food is fed and thus manufactured baby food has a growing demand. Baby food is easily available on the online and offline stores.
The rising e-commerce industry globally is giving a push to the sales of baby food through online channels. The baby food market is regulated by various authorities at global as well as regional level in terms of ingredients and packaging.
By Product Type
On the basis of product type, cereals based baby food segment dominated the market with a share of nearly 34.1% and it is closely followed by the milk formula segment market.
By Distribution Channel
By Geography
Based on geography, Asia-Pacific region accounted for the largest market share of 44.2% in 2017 due to the large consumer base of baby food due to the huge population. North America region market share closely follows the APAC market on account of the presence of major market players.
The report covers the present ground scenario and the future growth prospects of the baby food market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Baby Food Market Report 2017-2025 has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global baby food market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Baby Food Market Research” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Global baby food market report comprises of the following companies as the key players: Danone, Mead Johnson, Abbott Laboratories, Hero-Group, Perrigo Company, Bellamy Organics, Hain Celestial Group, Campbell soups, Friesland Campina, H.J. Heinz, Bristol-Myers Squibb, Numico, Wyeth, East Asiatic co Ltd, Ella’s Kitchen, Beech-Nut Nutrition Corporation , DMK Deutsches Milchkontor GmbH, DSM, Dumex, HiPP GmbH & Co., Koninklijke DSM N.V., Meiji Co Ltd, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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