About Baby Foods
The rising health concerns about the overall development of babies will help to boost the global baby food market in the forecasted period. Traditionally, babies are fed with soft home-cooked food, a practice that is still popular in underdeveloped and developing countries. Increasing the infant population and corresponding rising food demand will propel the baby food market size growth during the forecast period. Increasing consumer awareness about the health benefits of baby food, the growing worldwide population, increased urbanization, greater disposable income and changing lifestyles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 6.67% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Baby Foods 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.
Nestle (Switzerland), Danone (United States), Mead Johnson (United States), Abbott laboratories (United States), Hero-Group (Switzerland), Perrigo Company (Ireland), Bellamy Organics (Australia), Hain Celestial Group (United States), Campbell soups (United States) and Friesland Campina (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Baby Foods market by Type (Dried Baby Food, Milk Formula, Prepared Baby Food and Other) and Region.
On the basis of geography, the market of Baby Foods 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 Distribution Channel, the sub-segment i.e. Supermarkets will boost the Baby Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Awareness Regarding Adequate Nutrition and Increased Breastfeeding Activity due to Government Initiatives
Market Growth Drivers:
Increasing Number of Working Women's and The Growing Demand of Organic Baby Food
Challenges:
Concerns Related to Food Safety as well as Falling Birth Rates
Restraints:
The Practice of Feeding Home-Cooked Food to Babies
Opportunities:
Growing Demand from Emerging Countries
Market Leaders and their expansionary development strategies
In June 2021, Once Upon a Farm, the largest and fastest growing plant-based kid nutrition company, has acquired Raised Real, a leading organic, plant-rich baby food meal delivery company, and all assets related to the company's operations. The purchase of Raised Real will expand Once Upon a Farm's growing organic, refrigerated pouch portfolio to now include frozen meal options, making it even easier for parents to choose and prepare nutritious meals and snacks for babies and toddlers.
In April 2022, Nestlé-owned Gerber has launched of a new line of carbon-neutral, plant-protein baby food, called Plant-tastic. Plant-tastic features a selection of organic pouches, snacks and meals made using plant-based and nutrient-dense ingredients. Each Plant-tastic recipe is made with beans, such as chickpeas, black beans, navy beans and lentils.
Key Target Audience
Baby Foods MAnufactures, Baby Foods Distributors, Baby Foods Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations 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.