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Baby Food and Formula Market By Product (Infant Formula, Baby Cereals and Dried Baby Food, Prepared Baby Food ) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

With the rising expenditure on various baby care products, the baby food and formula market is estimated to witness strong growth in the coming years. Baby foods refer to soft, easily consumable foods made specifically for babies. Baby food and formula are for babies aged six months to two years. Popular baby food and formula products include infant formula, baby cereals, bottled food, snacks and meals, nutritional supplements, and frozen baby food. Among these, infant formula and cereals are the most commonly purchased baby food products. Due to continued development in the baby food industry, the market is estimated to continue witnessing strong growth during the forecast period.

The most prominent factor fueling the baby food and formula market's growth is the steadily rising birth rate worldwide. Although the overall birth rate has witnessed a significant slowdown in the past few years, steady growth is anticipated in the coming years. In addition, rising baby care awareness is another prominent factor fueling market growth worldwide. Due to rising discretionary income, especially in developing economies, people are now willing to spend more on baby care products to ensure convenience and better baby health. The market is primarily backed by North America and Europe, followed by Asia Pacific. Due to the higher prices of these products, the regions are expected to remain dominant in the market throughout the forecast period.

Geographically, the global baby food and formula market is studied for the following regional markets:

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America
  • The Middle East and Africa
  • GCC
  • Rest of the Middle East and Africa 

The market size and forecast for the period 2015–2025, along with the CAGRs for the period 2017–2025 for the mentioned segments, are also presented in this study.

This market assessment report provides qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights. Tools such as competition assessment and attractive investment propositions are also included in this study to assess the market competition. The report concludes with a company profiles section highlighting key information about the major market players operating in the global baby food and formula market.

To help strategic decision-makers, the report also includes competitive profiling of the leading baby food and formula product vendors, market positioning, and key developments.

Some of the major players profiled in the report are Nestle SA, Kraft Heinz Company, Danone SA, Hero Group, Bristol-Myers Squibb Company, Perrigo Company Plc., Mead Johnson & Company, LLC, and others.

Purpose of the Report

The purpose of this strategic research study titled "Baby Food and Formula Market: Growth, Opportunities, Share, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and other industry participants with in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global baby food and formula market.

1.1.4 Target Audience

  • Industry Investors
  • Baby Food and Formula Manufacturers
  • End User Industries
  • Traders, distributors, and suppliers
  • Government and Research Organizations
  • Associations and Industry Bodies

Overall, the research study provides a holistic view of the global baby food and formula market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.

The global baby food and formula market are segmented, based on its product types, into the following categories:

  • Infant Formula
  • Baby Cereals and Dried Baby Food
  • Prepared Baby Food
  • Others (frozen food, beverages, etc.)

The overall baby food and formula market is led by the infant formula and baby cereal segments. The two segments collectively contribute to more than fifty percent of the total revenue generated worldwide. These food products are easy to prepare and hence are popular across both developed and developing regions. The parents' prime concern is feeding milk to their babies. In addition, the cereal diet is regarded as highly beneficial for children the age of six months and above. Thus, the segments are estimated to continue dominating the market throughout the forecast period.

The prepared food segment is estimated to register the highest growth rate during the forecast period. The food can be served without any prior arrangements, making it highly hassle-free for the parents. With the rising adoption of convenient and nutritious products, the demand for prepared food products is projected to register the highest growth rate during the forecast period. The other segments, comprising beverages and frozen foods, are also estimated to witness strong growth during the forecast period.

North America and Europe collectively account for the largest share, in terms of revenue and adoption, of the global baby food and formula market. The regions enjoy strong adoption of baby food and formula products, as well as the presence of leading companies in the baby food and formula markets. In addition, the higher prices of baby food products in some regions, as compared to other regions, is another major factor responsible for the higher revenue in those regions.

The Asia-Pacific region is estimated to witness the highest growth in the overall baby food and formula market during the forecast period. With rising discretionary income and awareness regarding healthcare, people here are increasingly shifting toward brand-name baby care products. Additionally, the demand for convenient baby care products has increased significantly in the past few years due to the increasing female workforce in countries such as India and China.

Frequently Asked Questions:

The market for Baby Food and Formula Market is expected to reach US$ 52.17 Bn by 2025.

The Baby Food and Formula Market is expected to see significant CAGR growth over the coming years, at 6.2%.

The report is forecasted from 2017 To 2025.

The base year of this report is 2016.

Nestle SA, Kraft Heinz Company, Danone SA, Hero Group, Bristol-Myers Squibb Company, Perrigo Company Plc., Mead Johnson & Company, LLC,.are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Aug 2017
Category:  Food & Beverage
Report ID:   57966
Report Format:   PDF
Pages:   120
Rating:    4.3 (70)
Delivery Time: 24 Hours to 48 Hours   
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