Press release
Baby Food and Infant Formula Market to Expand at a CAGR of 7.95% to 2020 Due to Rise in Food Market
ALBANY, NY, May 4, 2017 : Infant formula is either a partial or a complete replacement for breast milk for infants aged under one- year old. It is available in concentrated liquid, powder, or ready-to-use formats. It is provided to meet nutritional needs and encourage the healthy physical and mental development of infants.Baby food products are provided to children up to four years of age. These are easy to prepare, soft, and have the right nutrient balance for the healthy overall development of babies. The different kinds of baby foods include cereals, soups, juices, and snacks, comprising grains, vegetables, and fruits in mashed form to enable easy consumption.
Technavios analysts forecast the global baby food and infant formula market to grow at a CAGR of 7.95% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global baby food and infant formula market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of baby food and infant formula in terms of revenue.
The market is divided into the following segments based on geography:
Americas
APAC
Easter Europe
MEA
Western Europe
Technavio's report, Global Baby Food and Infant Formula Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Abbott Nutrition
Danone
HiPP
Kraft Heinz
MJN
Nestl
Other prominent vendors
Arla Foods
Amara Baby Food
Baby Gourmet
Ellas Kitchen Group
Friso
Green Monkey
Healthy Sprouts Foods
Hero Group
Morinaga
Meiji
Nurture (Happy Family)
One Earth Farms
Parents Choice
Plum Organics
Sprout Foods
Stonyfield Farm
Market driver
Breastfeeding limitations
For a full, detailed list, view our report
Market challenge
Increase in product recalls
For a full, detailed list, view our report
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Market trend
Growing popularity of organic baby food
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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