Industry Background:
Changing socio-economic trends and increasing consumer awareness will help to boost the global Baby Cereals market in the forecasted market. The baby cereal may be from brown rice but it's processed into a flake so that it's quick to prepare (which spikes blood sugar levels) and smooth for the baby's palate. Traditionally, babies are fed with soft home-cooked food, a practice that is still popular in underdeveloped and developing countries. However, growing urbanization and changing lifestyles have increased the demand for packaged baby foods in different societies and cultures.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Nestle (Switzerland), Hero Group (Switzerland), Danone (France), The Hein celestial group (United States), Baby Gourmet Foods (Canada), Friesland Campina (United States), HJ Heinz (United States) and Mead Johnson Nutrition Co (United States) |
This growth is primarily driven by The rising population of working women and The rise in organized retail marketing.
Globally, a noticeable market trend is evident Increasing demand for organic baby food
The Food Products sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Nestle (Switzerland), Hero Group (Switzerland), Danone (France), The Hein celestial group (United States), Baby Gourmet Foods (Canada), Friesland Campina (United States), HJ Heinz (United States) and Mead Johnson Nutrition Co (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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.
Key Developments in the Market:
On August 2021, Nestlé Health Science announced acquisition of core brands of The Bountiful Company, which includes Nature’s Bounty, Solgar, Osteo Bi-Flex, Puritan’s Pride, Ester-C, and Sundown.
In January 2021, Baby Gourmet, Canada's leading brand of organic meals and snacks for babies and toddlers, was acquired by Hero Group, an international food company focused on branded nutritious foods. The Baby Gourmet acquisition includes Slammers Snacks, the company's organic American children's snack brand. Together, Hero Group and Baby Gourmet will expand Baby Gourmet's nutritious natural organic footprint in North America.
Influencing Trend:
Increasing demand for organic baby food and Increasing concern for good nutrition for babies
Market Growth Drivers:
The rising population of working women and The rise in organized retail marketing
Challenges:
The concern related to food safety
Restraints:
Static market conditions and variation in costs of raw material
Opportunities:
Large untapped market in developing countries and Enriched baby food products gaining popularity
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Baby Cereals Market
- Analysis about New Entrants in Baby Cereals Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Baby Cereals Study Sheds Light on
The Baby Cereals Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Baby Cereals industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Baby Cereals industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.