Baby Food Market Demand Analysis 2018-2027 by Major Key Players of Global Market Like Nestle, Mead Johnson, Danone, Hero-Group, Abbott laboratories & Others

Introduction to Baby Food

The baby food products are food items for the consumption of the new born babies. It is consumed easily in comparison to other food products. The baby food items consists of high nutrient content and it is available in the different flavors. The baby foods are either soft or liquid paste which can be easily chewed by the babies. There are two different types of baby food including homemade and commercial baby food items. The homemade baby food items are less expensive in comparison to the other food items. The different types of baby foods are cereals, fruits and vegetables.

Market Size and Forecast

The global baby food items are witnessing robust growth on the account of increasing disposable income of the population across the globe. The increasing health concern among the population regarding the infants is expected to drive the market growth of the baby food globally. Additionally, the rising cases of the malnutrition among the children is also major factor for the increasing growth of the baby food products. For instance, according to WHO 52 million children under the age of 5 years are weak.

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Baby food Market is anticipated to record a CAGR of 6.5% over the forecast period. It is expected to reach the total market size of USD 113 billion by 2027.The baby food market is expected to showcase a vibrant growth by the end of the forecast period. The market is segmented on the basis of type and sales channel. On the basis of type, it is sub-segmented into milk formula, dried baby food, prepared baby food and others. Milk formula is expected to be the leading sub-segment during the forecast period. The increasing income of the population coupled with the rising spending towards milk formula is anticipated to be the major factor driving the market growth of the sub-segment during the forecast period. On the basis of sales channel, it is sub-segmented into supermarkets/hypermarkets, convenience stores, pharmacies and others.

Supermarkets/Hypermarkets sub-segment is anticipated to hold the largest market share during the forecast period. The increasing urbanization coupled with the rapidly expanding retail sector is expected to drive the market growth of the baby food products during the forecast period. Additionally, the increasing trends of online purchasing is expected to drive the growth of the overall baby food market during the forecast period.

Major Key Players of Global Market:
Nestle, Mead Johnson, Danone, Hero-Group, Abbott laboratories, Bellamy Organics, Perrigo Company, Campbell soups, Hain Celestial Group, Friesland Campina, Others.

Market Segmentation:
By Product Type, By Sales Channel, By Regional Outlook, By Leading Companies, and Demand Analysis in Global Market.

Growth Drivers

The growing disposable income of the population across the globe coupled with the rising industrialization is anticipated to drive the overall baby food market during the forecast period. Additionally, the increasing income of the population coupled with high spending towards the different food items is anticipated to foster the growth of the overall market. For instance, according to Eurostat the purchasing power standard has increased from 23,295 to 23,638 .Thus the growing purchasing power is expected to increase the market growth of the baby food products during the forecast period.

The growing demand for the packaged food items on the account of growing awareness is anticipated to drive the overall baby food market during the forecast period. The manufacturers are continuously developing food items which has adequate amount of the nutrients. Thus, it is anticipated to foster the growth of the overall baby food market during the forecast period.

More Details on Global Baby Food Market:
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