Canada Baby Food Market, 2019 - Mead Johnson and Abbott Hold Over Half of Overall Sales - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 8, 2020--
The “Canada Baby Food” report has been added to ResearchAndMarkets.com’s offering.
The number of births has remained stable and the vast majority of families can easily afford commercially prepared baby foods. Increased breastfeeding rates have held back the milks category. Meals have been negatively affected by adverse publicity and a move towards home preparation of meals, although prices have risen following the introduction of pouches. Cereals & finger foods have outperformed the market, due to the growing availability and popularity of a widening range of finger foods. Sales of drinks are low and declining. Mead Johnson and Abbott hold over half of overall sales. Nestle has lost share in milks and wet meals, although its share of cereals has held up, and it now lies third. Heinz has come under pressure in the wet meals category from rising competition from newer entrants. Private label products have also increased their impact. Large grocery retailers have increased their share of the declining baby food market in recent years at the expense of pharmacies and drugstores. The market is forecast to show modest growth, helped by a gradually increasing number of births and a relatively good economy. Growth will be highest in wet meals, benefiting from the popularity of pouches and innovation in product flavors and types. Sales of cereals & finger foods will continue to rise, driven by growth in finger foods. Milks’ value should be boosted by the trend towards premium products.
What else does this report offer?
Reasons to buy
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/pggkfq
View source version on businesswire.com:https://www.businesswire.com/news/home/20200108005440/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: RETAIL BABY/MATERNITY FOOD/BEVERAGE CONSUMER
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 01/08/2020 07:33 AM/DISC: 01/08/2020 07:33 AM