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Baby Food Market overview opportunities and forecast by companies consumer upto 2027

01-27-2021 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Baby Food Market

Baby Food Market

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.

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.

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Increasing number of women in the workforce and fast paced lifestyle is largely supporting the usage of packaged baby food worldwide. According to the World Bank, in 2015, approximately 39.42% women joined the labor force and this number is anticipated to witness consistent rise in the near future. In addition to this, the continuously growing concerns towards the requirement of adequate nutrition and overall development of a baby in their early stage growth is further aiding to the market growth of baby food at high pace.

Asia Pacific dominated the baby food market in 2016, owing to growing demand of organic baby foods. This is majorly due to the increasing awareness among people, regarding the presence of harmful chemicals in the inorganic baby food. In addition to this, emerging markets such as India, China and Indonesia are the major contributors in the growth of baby food market in Asia-Pacific.

Latin America is expected to project the fastest growth in the global baby food market during the forecast period, owing to the increasing awareness among people regarding the health benefits of feeding baby food to infants and babies. Furthermore, reduced infant mortality rate in Latin America, is also expected to propel the demand for baby food.

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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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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