The global baby food & infant formula market size was around USD 70 billion in 2018 and expected to grow at the CAGR of 6.9% over the time frame 2018 to 2026.
Baby food is the total or partial substitute for breast milk for infants of under two years. These are specifically designed food for the infants and babies which are meant to provide the optimum nutrition to the children’s. According to the USFDA, a food which is represented for special dietary use and are solely for infants. During last few years, the baby food and infant formula have got a huge attention owing to the continuously rising malnutrition in the infants especially in developing countries, changing lifestyle and continuously increasing awareness amoung the people.
The market research study on “Baby Food & Infant Formula Market (By Type: Dried Baby Food, Infant Milk Formula, Prepared Baby Food, Others; By Distribution Channel: Health & Beauty Retailers, Online Sales, Supermarkets, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global baby food & infant formula market. The report also analyzes the key players operating in baby food & infant formula market and identifies the key strategies deployed by them along with the market share of leading players. The global baby food & infant formula market is segmented as below:
Baby Food & Infant Formula Market by Type
Baby Food & Infant Formula Market by Distribution Channel
Baby Food & Infant Formula Market by Geography
The global baby food & infant formula market is expected to grow at a CAGR of over 6.9%. Rising per capita income across the regions, incretions consumer’s willingness to purchasing quality products and continuously increasing need of nutritional supplements have driven the growth of the market. Additionally, increasing awareness among the parents regarding nutrition, and modified lifestyle of the people have supported the growth of the market. However, lack of awareness of the people in developing and under developed region will hinder the market growth.
The global Baby food & infant formula includes types such as dried baby food, infant milk formula, prepared baby food, and others. On the basis of distribution channel the market is segmented into health & beauty retailers, online sales, supermarkets, and others.
Asia Pacific commands for the largest share in the baby food & infant formulas market owing to the presence of huge population, increasing prevalence of the malnutrition in the children’s, and continuously rising birth rate. China and India are the major contributor for the market in this region.
Europe accounts for the second leading position in the market followed by the North America. Igh spending power of the people in Europe, and government support has leaded the growth of the European market to second position. North America is expected to have a significant growth for the market in next few years. Over 1 million of the babies and children’s in U.S. intake baby food and infant formula post birth. U.S. dominates the major share in the North Americas Market.
Africa region holds the least share in the market owing to the presence of poor economies, and lack of awareness among the people. However, the regions holds a huge opportunity for the market in near future.
Being one of the potential market a number of companies are trying to introduce new and cheaper products. Some of the leading companies operating in the global baby food & infant formula market include Danone, Nestle S.A, Hain Celestial Group, Campbell Soups, Perrigo Company Plc., Mead Johnson & Company, LLC, Abbott Laboratories, Bellamy Organics, Hero Group, and Friesland Campina.
The global Vanilla Beans and Extract market size is prediction to reach approximately USD 4.3 billion by 2025 and the market is predicted to witness a CAGR of around 4% through the estimated years. Vanilla is the product of a solid green orchid vine that develops wild on the edge of the Mexican tropical timberlands. The report provides analysis of global Vanilla Beans and Extract market for the per
The global wood vinegar market is expected to grow at a CAGR of more than 6% from 2018 to 2025 and reach the market value of over $6 million by 2025. Wood vinegar is a by-product of charcoal production. It is a liquid produced by gas and burning fresh wood in airless condition, and condenses into a liquid when the gas is cooled. The major components of wood vinegar are acetone, acetic acid, and met
Introduction According to Acumen Research and Consulting, the global Feed Micronutrients market is expected to grow at noteworthy CAGR around 7.1 % throughout the forecast period and reach around US$ 2.2 billion by 2026. Feed micronutrients are essential additives of animal feed that are added to the feed of animals unable to ac
The global enzymes market size is projected to garner around US$ 8.6 billion by 2026 and will grow at remarkable CAGR around 6.8% throughout the forecast period 2019 to 2026. Due to increasing awareness of food safety & security, shifting consumers ' preferences to packaged and processed food will provide a main stimulus for the development of the worldwide enzymes industry. Enzymes are incorporated within several food pro
The global frozen dessert market size is expected to reach around US$ 120 billion by 2026 growing at noteworthy CAGR around 5.8 % throughout the forecast period 2019 to 2026. Frozen desserts are usually eaten as sweets like frozen ice cream and frozen yoghurt. The majority of these products, such as milk and cream, are made from milk. There are several variables depending on the ability of a distri
Global probiotics market value is expected to reach around US$ 78 billion by 2026 growing at noteworthy CAGR around 6.6 % over the forecast period 2019 to 2026. The effect of the busy, contemporary lifestyle is that people's intake of healthy food is restricted and sometimes the sensitive equilibrium of the body's intestinal plant disturbs people, which can cause gastrointestinal pain and other bod