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  • Published In : Mar 2024
  • Code : CMI1043
  • Pages : 182
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages
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Global baby food market is estimated to be valued at USD 80.20 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Global baby food market has been witnessing significant growth over the past few years. As the busy lifestyle leaves new parents with little time for home cooking, the demand for ready-to-eat baby food products is growing steadily. Rising awareness about the importance of nutrition in baby's development coupled with the changing perception of mothers to introduce complementary foods early boosts the sales of commercial baby food. Growing working women population worldwide necessitates convenient baby feeding options, thereby, driving the market growth. With urbanization and evolving consumer preferences, major players are introducing novel product varieties tailored to local tastes, which is expanding the global baby food industry.

 Market Dynamics:

The key factors driving the global baby food market growth include rising women workforce, increasing disposable incomes, growing middle-class population, and shifting trends towards nuclear families in developing nations. However, stringent regulations on food safety and quality standards along with the perception of homemade baby food being healthier than packaged products are restricting the market growth. On the positive side, the continuous introduction of organic, non-GMO, and allergen-free products presents significant opportunities in the near future. Major players are investing heavily in R&D to offer customized products made from locally sourced ingredients, which provides a huge untapped potential, especially in Asia Pacific and Middle Eastern countries.

 Key Features of the Study:

  • This report provides in-depth analysis of the global baby food market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global baby food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Nestle S.A., Groupe Danone, Abbott Laboratories, Hain Celestial Group, Kraft Heinz Company, Bristol-Myers Squibb, Hero Group, Morinaga Milk Industry Co. Ltd., Cargill Inc., Estrellas Life Sciences, DANA Dairy, AGRANA, Saipro Biotech Private Limited, NUTRIMED, Hero Group, Danone S.A., Asahi Group Holdings, Ltd., HiPP GmbH & Co., Vertrieb KG., and Satwik Food.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global baby food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global baby food market.

Detailed Segmentation-

  • Product Type:
    • Dried Baby Food
    • Infant Milk Formula
    • Ready–to-Eat Baby Food
    • Infant Cereals
    • Others
  • Source Type:
    • Organic Baby Food
    • Inorganic Baby Food
  • Form:
    • Liquid
    • Solid
    • Powder
  • Distribution Channel:
    • Hypermarkets/ Supermarkets
    • Drug Stores
    • Online Channel
    • Specialty Stores
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Nestle S.A.
    • Groupe Danone
    • Abbott Laboratories
    • Hain Celestial Group
    • Kraft Heinz Company
    • Bristol-Myers Squibb
    • Hero Group
    • Morinaga Milk Industry Co. Ltd.
    • Cargill Inc.
    • Estrellas Life Sciences
    • DANA Dairy
    • AGRANA
    • Saipro Biotech Private Limited
    • NUTRIMED
    • Hero Group
    • Danone S.A.
    • Asahi Group Holdings, Ltd.
    • HiPP GmbH & Co.
    • Vertrieb KG.
    • Satwik Food

Detailed Segmentation-

  • Product Type:
    • Dried Baby Food
    • Infant Milk Formula
    • Ready–to-Eat Baby Food
    • Infant Cereals
    • Others
  • Source Type:
    • Organic Baby Food
    • Inorganic Baby Food
  • Form:
    • Liquid
    • Solid
    • Powder
  • Distribution Channel:
    • Hypermarkets/ Supermarkets
    • Drug Stores
    • Online Channel
    • Specialty Stores
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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