India Baby Food and Infant Formula Market 2022 | Market Expected to Exhibit a Growth Rate (CAGR) of 6% by 2027 | IMARC Group
The India baby food and infant formula market is expected to exhibit a CAGR of 6% during 2022-2027.
Baby food and infant formula are soft and easy-to-consume food products manufactured by blending proteins, carbohydrates, fats, etc., with cow milk or soy as a base. Milk formula and dried baby food are some of the commonly available variants. Baby food and infant formula products also contain essential fatty acids that help in the overall nourishment and development of babies. Additionally, they are rich in numerous other nutrients, such as calcium, zinc, iron, magnesium, essential minerals, etc. Baby food and infant formula are utilized as the primary source of nutrition for infants, as they lack teeth for chewing.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The growing awareness regarding the importance of child nutrition among consumers is one of the primary factors driving the India baby food and infant formula market. Furthermore, these products are being increasingly used to provide adequate nourishment to children for the prevention of developmental and cognitive disorders, which is acting as another significant growth-inducing factor.
Besides this, several product innovations, including the introduction of dried and frozen cube variants with enhanced nutritional content, are further catalyzing the market growth. Moreover, the escalating expenditure capacities of consumers, coupled with the rising trend of brand endorsements with celebrities on several social media platforms, are anticipated to fuel the India baby food and infant formula market in the coming years.
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Key Market Segmentation:
Breakup by Type:
• Milk Formula
• Dried Baby Food
• Prepared Baby Food
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
Breakup by Region:
• North India
• West and Central India
• South India
• East India
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
• Scope and Methodology
• Executive Summary
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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