(MENAFN– EIN Presswire)
Baby Food Market 2027
Baby Food Market by Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027
PORTLAND, OR, USA, July 23, 2022 /EINPresswire.com/ — Rising numbers of professional women, awareness of proper nutrition, lifestyle change and rising birth rate are expected to boost the growth of the baby food market in the future.
The global baby food market size was valued at USD 67.3 Billion in 2019 and is projected to reach USD 96.3 Billion by 2027, growing at a CAGR of 6.0% from 2021 to 2027. Babies are ready-to-eat foods for infants between the age group of four to six months up to two years. Dry cereals, infant formula, prepared baby foods and others are the main baby foods available in the market. Rising economic trends in emerging markets in Asia-Pacific and Europe, increasing participation of women in the workplace, awareness of proper nutrition, increasing urbanization and retail organized are the key baby food market trends driving the growth of the market. Food safety issues, increased awareness of breastfeeding and low birth rates in some regions are some of the limiting factors for the growth of the global baby food industry.
According to a new report titled, “Baby Food Market by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2027,”
LIMITED TIME OFFER – Buy now and get an exclusive discount on this report:
Baby foods are ready-to-eat foods for infants aged four to six months up to two years. Dry cereals, infant formula, prepared baby foods and others are the main baby foods available in the market. Rising economic trends in emerging markets in Asia-Pacific and Europe, increasing participation of women in the workplace, awareness of proper nutrition, increasing urbanization and retail organized are the key baby food market trends driving the growth of the market. Food safety issues, increased awareness of breastfeeding and low birth rates in some regions are some of the limiting factors for the growth of the global baby food industry.
According to the baby food market analysis, the market is segmented into product type, distribution channel, and region. Based on product type, the market is divided into dried baby food, infant formula, prepared baby food and others. Currently, the milk formula segment leads the market with around 63% of turnover. Rising health and nutrition concerns for babies and limited time for food preparation are the major drivers for the growth of the market.
Request the free sample PDF of this report (flash sale until August 20, 2022):
Key players profiled in this report are Nestle, Danone, Mead Johnson, Abbott Laboratories, Hero-Group, Perrigo Company, Bellamy Organics, Hain Celestial Group, Campbell’s Soups and Friesland Campina.
Main results of the study
Infant formula was valued at $40.9 billion in 2019 and is projected to reach $56.6 billion by 2027, growing at a CAGR of 5.6% during the forecast period.
Based on the distribution channel, the supermarket led the market, securing 31.71% of the global baby food market share in 2019.
In 2019, North America was the largest market and is expected to grow at a significant CAGR throughout the forecast period.
In 2019, Asia-Pacific held the major share of 42% of the market and is expected to grow at a significant CAGR over the forecast period.
For a purchase request:
Organic Baby Food Market Expected to Reach $34,818.7 Million by 2031
Whey Protein Ingredients Market is Expected to Reach $25.7 Billion by 2031
Baby snacks market:
Baby Drinking Water Market:
Cow’s Milk Infant Formula Market:
Concentrated protein market:
Reasons to Buy This Baby Food Market Report:
> Mergers and acquisitions must be well planned by identifying the best manufacturer.
> Sort potential new customers or partners into the demographic group you are looking for.
> Suitable for providing reliable, high-quality data and analysis to facilitate your internal and external presentations.
> Develop tactical initiatives by gaining better control of the areas in which large groups can intervene.
> Increase and develop business potential and reach, develop and plan licenses and licensing strategies by finding potential partners with the most attractive projects.
> Recognize new entrants with potentially strong product portfolios and design effective counter-strategies to gain competitive advantage.
> To develop effective R&D strategies, gather information, analysis and strategic ideas from competitors
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry sectors, including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.
We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.
Allied Analytics LLP
write to us here
Visit us on social media:
Street.! A Library of Online Subscription Reports – Allied Market Research
Legal disclaimer: MENAFN provides the information “as is” without warranty of any kind. We assume no responsibility for the accuracy, content, images, videos, licensing, completeness, legality or reliability of any information in this article. If you have any complaints or copyright issues related to this article, please contact the provider above.