Press release
Baby Food Market is expected to grow at a healthy cagr with top players
Baby food is a partial or total substitute for breast milk for infants and toddlers of under two years. It contains adequate amount of iron and proteins to ensure the proper growth and initial body development of a baby. Furthermore, baby food market is broadly classified as infant formula and baby food. Infant formula is a replacement of mother’s milk, whereas baby foods include soft minced and mashed fruits, cereals and vegetables etc.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.
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. Furthermore, increasing preference of organic baby food is contributing to growth of the global baby food market.
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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.
Based on distribution channel, the market is segmented into hypermarkets, supermarkets, drugstores, online channel, specialty stores, and others. Supermarket, held the largest market share in 2016. However, the online channel is expected to grow rapidly during the forecast period, owing to the increasing preference of online shopping among the populace in emerging economies.
Detailed Segmentation:
Global Baby Food Market, By Product Type:
Dried Baby Food
Infant Milk Formula
Ready to Eat Baby Food
Infant Cereals
Others
Global Baby Food Market, By Source Type:
Organic Baby Food
Inorganic Baby Food
Global Baby Food Market, By Form:
Liquid
Solid
Powder
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Major companies operating in the global baby food market include Nestle S.A., Groupe Danone, Abbott Laboratories, Hain Celestial Group, Kraft Heinz Company, Bristol-Myers Squibb, Hero Group, Morinaga Milk Industry Co. Ltd., and Cargill Inc.
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