Global Baby Food Market Size, Trends, Overview and Analysis, Future & Forecast Until 2025|expanding at a CAGR of nearly 7%

By the end of 2026, baby meals will be sold all over the world for more than US$ 100 billion, according to Persistence Market Research's most recent forecast study. The global Baby food market is anticipated to grow at a CAGR of 5.5% over the course of the forecast period as a number of variables influence consumer preference for new newborn formulae and enhanced baby food products.

The report predicts that difficulties obtaining raw materials and supply chain inconsistencies would impede the production of infant foods globally in the ensuing years. According to the analysis, the Asia-Pacific region (APEJ) would continue to be the most attractive market for baby food sales and production. Developed markets like North America and Europe will continue to see a stable demand for infant foods over the course of the projected period.

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According to the report's estimates, infant formula will continue to be in high demand in the worldwide baby food industry until 2026. Sales of infant formula will account for more than three-fifths of the money made in the worldwide baby food market by the end of the projection period.

Additionally, the survey states that baby liquids would experience the fastest sales rise. Consumer mistrust against infant juices is anticipated to fade in the near future, which will result in a significant increase in their sales. According to the report, the CAGR for the product-type sector of baby liquids will be 6.9% throughout the forecast period.

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Companies

Nestlé SA
HJ Heinz
Bristol-Myers Squibb
DANONE
Mead Johnson Nutrition Co
Abbott Laboratories Inc
Inner Mongolia Yili Industrial Group Co Ltd
Royal FrieslandCampina NV
Hangzhou Beingmate Group Co Ltd

In 2017 and beyond, modern trade outlets will represent largest sales channel in the global baby foods market. Specialty stores and drug stores will also witness considerable traction in terms of procuring high sales of baby foods. In addition, the report also reveals that a majority of products sold in the global baby foods market will be non-organic.

Since organic baby foods are high-priced and companies face hindrances in cost-effective procurement of organic raw ingredients, several market participants will be focusing on increasing the production of non-organic baby foods. By the end of 2026, more than US$ 85 Bn worth of non-organic baby foods are expected to be sold in the global market.

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Global Baby Food Market: Taxonomy

Region         

Latin America
Europe
Japan
APEJ
MEA

Product Type         

Infant formula
Baby juice
Baby cereals
Bottled baby food
Baby snacks
Canned baby food
Other baby foods

Sales Channel        

Modern Trade
Speciality Stores
Drug Stores
Online Retailers
Other sales channel

Nature         

Organic
Non-Organic

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About Food & Beverage Division at Persistence Market Research
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

This release was published on openPR.