Press release
Baby Food Market Growth by Top Key Players Nestle, Abbott, Danone, Hipp Organic , Krafts Heinz , Hain Celestial , The Honest Co., SMA Nutrition Milk Formula, Holle GmbH, Topfer, Little Freddie Organic Baby Food among others
Baby food is especially developed for infants and toddlers, aging between four months to two years. The soft and easily consumed food product fulfills nutritional requirement of infants and toddlers. Based on the form, baby food is majorly classified into powder, liquid and solid. The powdered form is the least expensive form of baby food and is used by mixing it with water before feeding the infant. Furthermore, solid baby food include infant cereals and other bland fare.Request For Sample Copy: https://www.worldwidemarketreports.com/sample/245263
Increasing health awareness to provide nutrition regarding the overall development of the baby is a major factors propelling the growth of this market. Moreover, increasing prevalence of lactating problems in women including breast engorgement and nipple infection caused by staphylococcus aureus, have propelled the adoption of baby food products.
Based on source type, organic baby food is expected hold dominant position with the highest CAGR during the forecast period. Increasing demand for adequate and best nutrition, increasing concern about harmful chemicals in inorganic baby foods in the form of artificial colors, sweeteners, and flavors are some of the factors driving growth of the organic baby food segment.
In 2016, Asia Pacific dominated the baby food market in terms of revenue and accounted for a share of 37.66%, with China, India, New Zealand, Japan, Australia and Indonesia being the major contributor for baby food market growth in Asia Pacific. China dominated this market in 2016, owing to the increasing demand for safe and quality milk formula in the country. In addition to this, the growing birth rate in China is also expected to support the growth of baby food market.
Latin America is anticipated to be the fastest growing market for baby food, witnessing highest CAGR of 7.21% during the forecast period (2017 - 2025). In 2016, Brazil dominated the baby food market and was followed by Mexico and Argentina. According to the Coherent Market Insights, Brazil has the largest child population in the region and recorded a continuous increase in crude birth rate since 2009. The major factors propelling the growth of baby food market in Latin America, include the steadily developing primary and secondary health care applied to marginal urban and rural population.
Major companies operating in the global baby food market include Nestle, Abbott, Danone, Hipp Organic , Krafts Heinz , Hain Celestial , The Honest Co., SMA Nutrition Milk Formula, Holle GmbH, Topfer, Little Freddie Organic Baby Food among others
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