Press release
Infant Food Market 2022 Segmented by Product, Application, Key Players and Regional Analysis to 2027 | Nestle SA, DANONE, Mead Johnson, Abbott, H. J. Heinz Company
Global Infant Food Market is anticipated to witness a major leap forward in its revenue from US$ 77,837.3 Mn in 2021 to US$ 114,241.5 Mn by 2027. The market is registering a CAGR of 6.4% during the forecast period 2022-2027.
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Factors affecting the global Infant Food Market include rising disposable income, growing demand for packed food products, and changing lifestyles of people. Furthermore, the rising population and increasing demand for food will also be opportunistic for the global market. For instance, according to Department of Agriculture, corn plantation is expected to increase to 93.3 million acres in 2021 from 90.8 million acres in 2020.
COVID-19 Impact Analysis
The COVID-19 pandemic positively affected the global infant food industry. The demand for packed food products surged during the COVID-19 pandemic. In addition to that, a sudden change in lifestyle and implementation of work-from-home further escalated the growth of the market. During the pandemic, comfort food emerged as a strong trend, as consumers turn to comfort food in times of stress.
Moreover, the pandemic also increased the user base on online shopping platforms, and people started adopting online methods to get groceries. Restaurants began offering online services to abide by the regulations imposed by governments. Thus, it had been opportunistic for the industry players. This report by Astute Analytica thoroughly describes the effect of the COVID-19 pandemic on the Infant Food Market with precise data and statistics.
Regional Insights
By Product Type segment of the Global Infant Food Market is sub-segmented into:
Bottled Baby Food
Baby Food Cereals
Baby Food Snacks
Baby Food Soup
Frozen Baby Food
Ready to Feed Baby Food
By Ingredient segment of the Global Infant Food Market is sub-segmented into:
Cereals
Fruits
Meat Products
Milk Products
Vegetables
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By Category segment of the Global Infant Food Market is sub-segmented into:
Organic
Conventional
By Distribution Channel segment of the Global Infant Food Market is sub-segmented into:
Offline
Hypermarkets
Supermarkets
Convenience Stores
Drugstores/ Pharmacies
Online
By Region Segment of the Global Infant Food Market is sub-segmented into:
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
Key Players Insights
Nestle SA, DANONE, Mead Johnson, Abbott, H. J. Heinz Company, HIPP, Hero, Babelicious Ltd, Beech-Nut Nutrition Corporation, Bubs Organic LLC, Kraft Heinz Company and Nutricia among others.
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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