World Baby Food Market Report 2019 | by Product Type, Nature, Age, Distribution Channel & Region (2015-2025) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 11, 2019--
The “Baby Food Market By Product Type By Nature, By Age, By Distribution Channel By Region, Size and Forecasts, 2015 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global baby food market is expected to witness healthy growth in the forecast period.
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Babies are mostly fed with soft home cooked food. However, growing urbanization and changing lifestyles have developed the demand for packaged baby foods in different societies and cultures. These foods are usually used to feed babies between the ages of four to 12 months. Modern-day time limits the usage of homemade baby food in both developed as well as developing nations. As young urban women have become increasingly adapted to using packaged baby food for supplementing breast milk, brand players are focusing over launching different flavor, variants and new packaging in the market.
The major factor which is pushing the global baby food market is increasing working population, growing urbanization, rising disposable income and changing lifestyles across the globe. Moreover, increase spending power for children healthcare coupled with continuous product innovation and aggressive marketing by various baby food manufacturers is fueling the demand for baby foods over the forecast period. Declining in birth rate and milk intolerance in among babies may restrain the market thus; new product development is expected to grow the baby food market in coming years.
Infant Formulas holds the highest market share in the global baby foods market over the forecast period
The global baby food market is segmented as baby cereals, bottled baby foods, frozen baby foods, baby snacks, and soups. The infant formula segment holds the major revenue in the market. The demand for infant formulas is increasing as it provides wholesome nutrition to toddlers. With the advancement in R &D, major players are actively focusing on expanding their production capacities for infant formula. On the other hand, prepared baby food products are expected to be the fastest growing segment in the global baby foods market during the forecast period. Moreover, prepared baby food segment witnessed to have a higher adoption in the global market.
Non-organic baby food accounts the largest market share in the global baby foods market over the forecast period
On the basis of nature, the global baby food market is segmented as Organic and non-organic. The non-organic baby food witness to have the largest share due to cost-efficient and easy availability for the consumer. The growth of organic food has declined due to government regulations with respect to labeling of organic baby food products and the premium price of organic products coupled with the impediments faced by companies in procuring organic raw ingredient may slow the demand of organic food. Thus, these factors result in the higher adoption of non-organic baby food fueling the growth of the baby food market in the coming years.
Retail Stores accounts for the largest market share in the global baby food market over the forecast period
On the basis of distribution Channel, the global food market is segmented as Specialty Stores, Retail Stores & Online Stores. Retail stores are the primarily preferred distribution channel among consumers, followed by specialty stores. Specialty stores account for a comparatively smaller share in the baby food market whereas expected to witness rapid growth over the forecast period.
North America accounts for the largest share of the global baby food market during the forecast period
On the basis of the region, the baby food market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific leads the market in terms of adoption of new and innovative baby food products launched by various manufacturers, followed by the European region. It is the largest market for milk formula and occupies more than half of the overall world baby food market share. The population of infants and toddlers in the age group of 0-4 years has increased by millions creating the opportunity for high potential players in the baby food market. Declining poverty rates and increasing disposable income in some of the countries of Latin America have boosted the adoption of baby food products.
Key Topics Covered
1. Research Framework
1.1. Research Overview
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
3. Executive Summary
4. Industry Insights
4.1. Industry Value Chain Analysis
4.1.1. Vendor Matrix
4.2. Pricing Analysis
4.3. Industry Impact and Forces
4.3.1. Growth Drivers
4.4. Technological Landscape
4.5. Regulatory Framework
4.6. Company market share analysis, 2017
4.7. Growth Potential analysis, 2017
4.8. Porter’s Five forces analysis
4.9. PESTEL Analysis
4.10. Strategic Outlook
5. Baby Food Market Overview
5.1. Market Size & Forecast
5.2. Market Share & Forecast
6. Baby Food Market, By Product Type
6.1. Key Product Type Trends
6.2. Infant formula
6.3. Baby Cereals
6.4. Bottled Baby Food
6.5. Prepared Baby Food
6.6. Baby Juice
7. Baby Food Market, By Nature
7.1. Key Nature Trends
8. Baby Food Market, By Age
8.1. Key Age Trends
8.2. < 6 Months
8.3. 6-12 Months
9. Baby Food Market, By Distribution Channel
9.1. Key Distributional Channel Trends
9.2. Retail Stores
9.3. Specialty Stores
9.4. Online Stores
10. Company Profiles
10.1. Mead Johnson Nutrition Company
10.2. Abbott Laboratories
10.3. Perrigo Company
10.4. Hain Celestial Group
10.5. Campbell Soups
10.6. Friesland Campina
10.7. Bristol-Myers Squibb
10.8. Hero Group
10.9. Nestle S.A.
10.10. Danone Baby & Medical Nutrition B.V.
For more information about this report visit https://www.researchandmarkets.com/r/c6w0tc
View source version on businesswire.com:https://www.businesswire.com/news/home/20191111005473/en/
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INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE CONSUMER
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/11/2019 11:18 AM/DISC: 11/11/2019 11:18 AM