Press release
Global Baby Puffs and Snacks Market: Market size and growth, absolute dollar opportunity, market taxonomy, Basis Point Share (BPS) analysis 2018-2025
Baby puffs are generally prepared from raw materials like grains, which are puffed by using high temperature, pressure, or extrusion. This is considered as convenience food in major developing countries in North America and Europe.The increasing demand for baby puffs and snacks drives the market. Rise in number of working women, rising birth rates in developing countries and growing urbanization are key drivers contributing to the growth of market. The increase in number of working women globally has significantly boosted the consumer’s demand for readymade puréed baby foods. Moreover, the rising urbanization and the growth of the middle-class population have significantly encouraged consumers to adopt convenience-oriented lifestyles, which in turn, is increasing the popularity of baby foods among working women. There is a healthy new birth rate in emerging economies such as Latin America, Oceania, the Middle East, North Africa, and Sub-Saharan Africa. These regions are steadily improving in terms of their economy and working conditions, leading to a higher standard of living of the general populace. This rising birth rate, combined with the rise in disposable income will fuel the demand for baby food in these markets. The rising urbanization has also resulted in increasing disposable incomes and thereby, the purchasing power of consumers. Therefore, the growing urbanization, coupled with rising internet use, is expected to drive the growth of the market over the next five years.
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This report studies the global Baby Puffs and Snacks market status and forecast, categorizes the global Baby Puffs and Snacks market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
The global Baby Puffs and Snacks market is valued at 3480 million US$ in 2017 and will reach 5930 million US$ by the end of 2025, growing at a CAGR of 6.9% during 2018-2025.
The major manufacturers covered in this report
Danone
HiPP
Kraft Heinz
Nestlé
PBC (Plum Organics)
...
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
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