Baby Food Market - Industry Insight by Segment, Distribution Channel, Region With Growth Factors and Demand Forecast to 2023

The increasing population and growing demand for nutrition are the key growth drivers for the baby food market. The up surging urbanization and growing disposable income of the people is further expected to propel the growth of the global market during the forecast period.

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The prepared baby food segment is growing at the fastest pace. Among the various distribution channels, the supermarkets and hypermarkets is the largest segment in the global market. The busy schedule of people leaves them with less time to focus on their baby’s nutritional needs. The working women mostly resume their jobs after giving birth to their babies; however they are less likely to breastfeed their baby at proper intervals. To fulfill this gap, the parents use baby food.

Baby food has become one of the essential foods for babies whose mothers are unable to lactate.

The market in the developing countries is growing at a faster pace, than their developed counterparts. The increasing population of China and India are expected to provide significant growth opportunity for the baby food market. The market in Latin America and Middle East is also growing at a considerable rate.

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The market for organic baby food has been growing at a significant pace during the past few years, owing to the growing awareness of consumers growing about the benefits imparted by such foods. The organic sub-segment accounted for only 15% share of the market; however it grew in double digits during the past few years.

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Nestle dominated the global market in 2014; and it is expected to increase its share during the forecast period. The company has been making both organic as well as inorganic investments. The other major companies in the global market include Danone, Perrigo Company PLC, Mead Johnson & Company LLC, Abbott Laboratories, Hero Group, Bellamy Organics, Hain Celestial Group, Campbell Soups, and Friesland Campina.

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