India and China Baby Food and Formula Market

Market Insights

The rise in female participation in the overall workforce of India and China has led to increased demand for convenient baby care products that save time and fulfill the nutritional needs of infants. Women increasingly rely on brand-name baby care products to provide adequate care and nutrition to their children. Due to the substantial rise in the discretionary income of people in India and China, consumers are now willing to pay more for convenient and reliable baby care products. In addition, factors such as word-of-mouth marketing and attractive marketing are largely responsible for the adoption of baby food products in these countries. As a result, these factors are estimated to continue leading market growth in India and China in the coming years.

Another significant factor fueling the market growth is the steadily rising birth rate in the countries. The countries collectively contribute to more than one-third of the global population, making them the largest consumer goods markets. Although the birth rate in India and China has declined remarkably in recent years, the demand for baby care products is expected to remain steady in the coming years. The growth is expected in India, where the birth rate is higher than in China. However, China is estimated to remain the dominant market, in terms of revenue and penetration, for baby care products such as food and formula.

The report titled “India and China Baby Food and Formula Market- Growth, Share, Opportunities, and Competitive Analysis, 2016–2023” offers strategic insights into the baby food and formula market, specific to these countries, along with the market size and estimates for the duration of 2014–2023. The said research study covers an in-depth analysis of multiple market segments based on product types and a cross-sectional study across countries. The study covers the comparative analysis of different segments for 2015 and 2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. Apart from this, the report provides a section focusing on analyzing consumer behavior in the countries.

To help strategic decision-makers, the report also includes competitive profiling of the leading baby food and formula product vendors, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis, 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.

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the baby care products industry
• Market fuelers, market impediments, and their impact on market growth
• in-depth competitive environment analysis
• Trailing 2-year market size data (2014–2015)
• SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the India and China baby, food, and formula markets, offering market size and estimates for the period from 2016 to 2023, keeping in mind the factors mentioned above.

Over time, India and China have emerged with huge consumer bases. Ranging from electronic devices such as smartphones and laptops to baby care products, the two countries show immense potential. As a result, market players across different product categories have developed a special interest in India and China. With the rising economic growth and urbanization of the nations, the consumer goods market here is estimated to only grow stronger and more mature.

As of 2015, China dominates India and China baby food and formula markets. The nation contributes more than sixty percent of the total revenue. China has a strong penetration of baby food and formula products. With the further rise in urbanization and awareness regarding baby care, the adoption of baby care products is estimated to remain strong in China. In addition, due to the phasing out of China’s “one child” policy, the country is projected to retain its dominant position in the market throughout the forecast period.

However, India is projected to register the highest growth in the market during the forecast period. Unlike China, the birth rate in India is still remarkable. Due to factors such as an increasing female workforce, rising disposable income, and urbanization, the demand for baby food and formula products is predicted to remain strong in the coming years. Subsequently, India would have the highest growth rate in the market during the forecast period.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: India and China Baby Food and Formula Market
2.2 India and China Baby Food and Formula Market, By Product
2.3 India and China Baby Food and Formula Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 India and China Baby Food and Formula Market Revenue, 2014 – 2023, (US$ Mn)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Impact Analysis of Market Drivers and Inhibitors
3.6 Consumer Behavior Analysis: India and China Baby Food and Formula Market
3.6.1 Market Scenario: India Baby Food and Formula Industry
3.6.2 Market Scenario: China Baby Food and Formula Industry
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors

Chapter 4 India Baby Food and Formula Market Analysis, By Product
4.1 Market Analysis
4.2 Infant Formula
4.3 Baby Cereals and Dried Baby Food
4.4 Prepared Baby Food
4.5 Other Baby Food Products

Chapter 5 China Baby Food and Formula Market Analysis, By Product
5.1 Market Analysis
5.2 Infant Formula
5.3 Baby Cereals and Dried Baby Food
5.4 Prepared Baby Food
5.5 Other Baby Food Products

Chapter 6 Company Profiles
6.1 Nestle SA
6.1.1 Nestle SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.2 Kraft Heinz Company
6.2.1 Kraft Heinz Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.3 Danone SA
6.3.1 Danone SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.4 Hero Group
6.4.1 Hero Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.5 Bristol-Myers Squibb Company
6.5.1 Bristol-Myers Squibb Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.6 Perrigo Company Plc.
6.6.1 Perrigo Company Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.7 Mead Johnson & Company, LLC
6.7.1 Mead Johnson & Company, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.8 Bellamy’s Organic
6.8.1 Bellamy’s Organic: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.9 Hain Celestial Group
6.9.1 Hain Celestial Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
6.10 Abbott Laboratories
6.10.1 Abbott Laboratories: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)

List of Figures

FIG. 1 India and China Baby Food and Formula: Market Segmentation
FIG. 2 India and China Baby Food and Formula Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 India and China Baby Food and Formula Market, By Product, 2015 (US$ Mn)
FIG. 5 India and China Baby Food and Formula Market, By Geography, 2015 (US$ Mn)
FIG. 6 India and China Baby Food and Formula Market Revenue, 2014 – 2023, (US$ Mn)
FIG. 7 Market Positioning of Key Baby Food and Formula Vendors, 2015
FIG. 8 India Baby Food and Formula Market Revenue Contribution, By Product, 2015 & 2023 (Value %)
FIG. 9 India Infant Formula Market Revenue, 2014 – 2023 (US$ Mn)
FIG. 10 India Baby Cereals and Dried Baby Food Market Revenue, 2014 – 2023 (US$ Mn)
FIG. 11 India Prepared Baby Food Market Revenue, 2014 – 2023, (US$ Mn)
FIG. 12 India Other Baby Food Market Revenue, 2014 – 2023, (US$ Mn)
FIG. 13 China Baby Food and Formula Market Revenue Contribution, By Product, 2015 & 2023 (Value %)
FIG. 14 China Infant Formula Market Revenue, 2014 – 2023 (US$ Mn)
FIG. 15 China Baby Cereals and Dried Baby Food Market Revenue, 2014 – 2023 (US$ Mn)
FIG. 16 China Prepared Baby Food Market Revenue, 2014 – 2023, (US$ Mn)
FIG. 17 China Other Baby Food Market Revenue, 2014 – 2023, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: India and China Baby Food and Formula Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Nestle SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 5 Kraft Heinz Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 6 Danone SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 7 Hero Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 8 Bristol-Myers Squibb Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 9 Perrigo Company Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 10 Mead Johnson & Company, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 11 Bellamy’s Organic: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 12 Hain Celestial Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 13 Abbott Laboratories: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)