openPR Logo
Press release

What are the growth drivers of Baby Food Market? Nestlé, RB, Abbott, Danone, HiPP-Gruppe, FrieslandCampina, PZ Cussons

03-28-2019 06:39 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Baby Food Market

Baby Food Market

Baby Food Market will exceed USD 33 billion by 2025. Increasing infant population and corresponding rising food demand will propel baby food market size growth during the forecast period. According to world Bank, birth rates have remained highest in developing nations. Rapid urbanization, growth of middle class and increasing rates of female participation in labor force in many developing markets has encouraged adoption of convenience-oriented lifestyles, making prepared baby foods more wanted.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/3184

Prepared food segment held the largest share of more than 40% in global baby food market in 2018. Prepared food is ready-to-serve and eat, hence has garnered attention globally. These are convenient for women who work outside their home, as it saves time. Frozen prepared food is increasingly becoming popular among parents and infants and the demand shall grow prominently during the forecast timespan. Convenience store distribution channels segment will grow moderately with a CAGR of 13.3% in global baby food market over the forecast period. These retail formats are prevalent in Asia Pacific and Latin America and consumers prefer buying baby food from here due to discounted rates.

The baby food industry is highly regulated, right from ingredients to its packaging and labelling. As the industry is increasingly globalized, the need for guidance, monitoring and regulation is growing. There are standards and guidelines for canned food for babies, processed cereal-based foods for babies, hygiene practice for children and infant foods and complimentary foods for infants and children. The standards set by each country may differ for baby food, for example, it may differ on ingredients in infant nutrition such as carbohydrates, fats, minerals, vitamins, etc. percentage of pesticide residue in food, etc. Also, every product needs to be pathogen free.

North America and Europe are prominent baby food markets. For instance, Europe accounted for more than 30% of the overall product demand amounting to USD 5.5 billion in 2018. Parents in these regions are more concerned about their infant’s nutrition and less about the cost. Thus, they are ready to pay for premium products which have necessary nutrients and minerals. Whereas in Latin America and Asia Pacific, price is an important buying consideration. Here, customers are less brand loyal and more inclined towards brands which provide essential nutrition at affordable prices.

The baby food market is highly competitive, and many major multi-national companies are functional in this business such as Nestlé, RB, Abbott, Danone, The Kraft Heinz Company, Hero Group, KEWPIE Corporation, Bubs Australia (ASX : BUB), HiPP-Gruppe, The Hain Celestial Group, Asahi Breweries Europe Group, SYMRISE PRIVATE LIMITED, DMK Deutsches Milchkontor GmbH, FrieslandCampina, Milupa GmbH, PZ Cussons. The entry barriers in this industry are moderately high as it is a capital-intensive market and needs a backbone of strong research & development department. Competition in this business is stiff and numerous brands and store branded products at various price points compete for consumer attention.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3184

Established players such as Nestle, Danone and Mead Johnson Nutrition (now a part of Reckitt Benckiser) have years of experience and consumer loyalty in baby food market. These players have strong and wide supply chain network and have backward and forward integrated their businesses to some extent. For example, Nestle has food ingredients business as well, which caters to its baby food business. Companies merge and enter into joint ventures to make the product penetrate deep into local market.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: http://global4energy.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What are the growth drivers of Baby Food Market? Nestlé, RB, Abbott, Danone, HiPP-Gruppe, FrieslandCampina, PZ Cussons here

News-ID: 1677577 • Views: 513

More Releases from Global Market Insights, Inc.

Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2791 The raw material segment in the recycled elastomers market is
Metallic Pigments Market Size, Growth Opportunity 2024 |Top Companies are BASF, …
As per the Global Market Insights, Global metallic pigments market size is projected to hit USD 2.3 billion in annual sales by 2024. Mentioned below are some of the integral factors expected to support developments in metallic pigments market share through 2024. Increasing awareness among people regarding the need to use sustainable, low carbon emission paints and coatings is a major factor supporting developments in metallic pigments market. Aluminum and copper
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Comp …
The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels. Official sources claim that switch to
Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 20 …
Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic

All 5 Releases


More Releases for Baby

Baby Spa
Baby Spa business is the most trending model of the global spa industry, and we have observed a growth in the businesses or franchises from the past few years. The baby spa serves the babies from two weeks old up to 9 months old baby. There are two main services involved in the therapy, i.e., hydrotherapy, and baby massage; the warm water and gently massage will help baby's physical growth,
Baby Mats Market 2019 - Baby Care, Bright Starts, Lollaland, Baby Mushroom, Baby …
Global Baby Mats Market 2019-2024: According to the Global Baby Mats Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 – 2025, showing good progress, rising at a CAGR of XX%. The global Baby Mats Market report covers a detailed analysis of the Baby Mats Market including the various parameters on which the Baby Mats Market
Norway Baby food 2018
The Norway Baby Food Markets research report introduces a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry- approved market data. Within the near future, the Norway Baby Food Market is expected to lead in terms of rate of growth. The report shows a detailed picture of the market by way of study, synthesis, and summation of information from multiple sources. The report
Baby Bottle Sterilizer Market
Various countries all over the world represents a significant potential and untapped market for various baby care products. With increasing awareness, uplifting income levels, and change in consumer behavior. Apart from this, huge population base in age group of 0-4 years and preferences of parents to spend more on baby products will further strengthen the demand for baby care products in the country. The global baby bottle sterilizer market has
Baby Food in Singapore
The Singaporean baby food market is small in terms of total size, but highly developed in terms of per capita consumption. The fluctuations in the number of births have a clear effect on sales. In value terms, almost 90% of the market consists of baby milks, with the bulk of the remainder split between baby meals/drinks and baby cereals in 2015. In volume terms, milk accounts for 76.9%, wet meals
Baby Food in Australia
Latest Report on Baby Food in Australia The impact of milk formula shortages continued to be keenly felt in Australia in 2016. The press consistently covered the complaints of parents nationwide, with many facing empty shelves and buying restrictions in chemists and supermarkets. Australia’s two leading supermarkets, Coles and Woolworths, maintained limits on purchases of milk formula, capping purchases at two and four units per customer respectively. International demand for local