About Baby Nutrition
The baby nutrition is the food-stuffs for babies which are totally processed and manufactured for the nutritional health of infants in their earlier years between 4 months to 2 years age. The food stuffs are soft and easy to consume food products other than breast milk. The baby nutrition foods are highly constituent with nutrients, vitamins and organic. It has been witnessed that the whole food can easily serve or feed while in transit, outside home or engaged in any of the innumerable. The baby nutrition market is rapidly increasing in global regions due to processed items that are easily available in any places. Major companies have launched innovative products to attract the customers such as Nestle introduced infants nutrition and milk substitute products that offers better business expansion and product portfolio line for existence of company in different regions.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 9.1% |
Competition among existing players is due to the Baby Nutrition market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Baby Nutrition Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Baby Nutrition market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Bega Cheese Limited (Australia), Bellamy’s Organic (Australia), Bright Food (Group) (China), Bubs Australia Limited (Australia), Campbell Soup Company (United States), China Huishan Dairy Holding (China), MK Deutsches Milchkontor GmbH (Germany), Danone (France), Detskiy Mir (Russia), Evolve BioSystems (United States), Royal FrieslandCampina NV (Netherlands), Kraft Heinz (United States), Little Dish (United Kingdom) and Nestle (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Friesland Campina (Netherlands), Little Dish (United Kingdom), Bega Cheese Limited (United States) and China Huishan Dairy (China).
Segmentation Overview
AMA Research has segmented the market of Global Baby Nutrition market by Type (Dried Baby Food, Milk Formula, Prepared Baby Food and Other Baby Food), Application (0-6 Month, 6-12 Month, 12-24 Month and Other) and Region.
On the basis of Type, Product Type are dominating the market in the year 2023 where as Prepared Baby Food stood as second largest market share.
On the basis of geography, the market of Baby Nutrition has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Ingredients, the sub-segment i.e. Carbohydrate will boost the Baby Nutrition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Hypermarkets will boost the Baby Nutrition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Large number of new entrants enters into the baby nutrition market. and Upsurge demand due to lot of investments in food and beverages industries.
Market Growth Drivers:
Increase Awareness about the High Nutritional Content in Baby Nutrition. and Rise in Disposable Income in Emerging Economies in Asia-Pacific Region.
Challenges:
The Baby Nutrition Products Don’t Consist of Immunity Boosting Qualities.
Restraints:
Concern Related to Food Safety and Health Regulations. and The Baby Nutrition Products are More Expensive than Traditional Foods Preparation.
Opportunities:
Rapid Urbanization and Convenience-Oriented Lifestyles Leads to Demand Baby Nutrition Products. and Rise In Demand of Baby Nutrition Products Due to Availability at E-Commerce Website Platform.
Market Leaders and their expansionary development strategies
In July 2018, Reckitt Benckiser completely acquired one of the premium baby food manufacturer Mead Johnson Nutrition for USD 13.32 Billions, which is beneficial in expansion of geographic network.
In 23 January, 2019, Nestle announced a research & development centre in Ireland, where it focus on developing innovated milk based maternal and infant nutritional products in global market .
“According to Child and Adult Care Food Program (CACFP) its encourage in breastfeeding and better align the CACFP with the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) and with other Child Nutrition Programs.”
Key Target Audience
Baby Nutrition Manufacturers, Baby Nutrition Traders, End-Use Market Participants of Different Segments of Baby Nutrition, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.