Global Baby Food and Drink Market Overview:
With the rising health concerns about the development of babies, the global baby food market will face growth in the forecasted period. Earlier, babies were fed soft home-cooked food and this practice is still prevalent in some underdeveloped and developing regions. Baby drinks provide appropriate quantity vitamins, protein, minerals, and other nutrients. Increasing awareness regarding baby food in working women, and the increasing popularity of ready to drink food products across the globe is driving the demand for baby drinks. An increase in the infant population and corresponding rising food demand will propel the baby food market size growth during the forecast period. Further, increasing government initiatives for food and safety control expected to drive the demand for baby drinks over the forecasted period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Awareness Regarding Adequate Nutrition, Increased Breastfeeding Activity due to Government Initiatives and Emphasis on Innovative Product Packaging Owing To the Increasing Popularity of Ready to Drink Concept
Market Growth Drivers:
Changing lifestyles and Standards Fueled by Rising Disposable Income, The Growing Demand of Organic Baby Food, Rising Awareness Regarding Nutritive Content in the Infant Formula and Increasing Awareness among Consumers Regarding Child Care in Emerging Economies
Challenges:
Growing Dominance of the Local Players, Concerns Related to Food Safety as well as Falling Birth Rates and Lack of Food Control Infrastructure in Emerging Countries
Restraints:
The Practice of Feeding Home-Cooked Food to Babies and Stringent Government Regulations Regarding Food Safety & Control
Opportunities:
Rising Focus on Price Reduction through New Product Inventions, Rising Demand for Organic Baby Food Products and Increasing Demand for Baby Drinks from Emerging Markets
Competitive Landscape:
The fragmented nature of the market is due to the great number of players present in the market. Market leaders are now focusing on new product innovations and developments due to highly changing customer demands and preferences. Also with the increase in demand from the emerging economies is also driving the demand for Baby Food and Drink market.
Some of the key players profiled in the report are Nestle S.A. (Switzerland), Hain Celestial Group (United States), Abbott Laboratories (United States), Mead Johnson Nutrition Company, LLC (United States), Danone (France), Beingmate Group Co. Ltd. (China), Hero-Group (Switzerland), HiPP Gmbh & Co. (Germany), Campbell Soup Company (United States), Dana Dairy Group Ltd. (France), Arla Foods (Denmark), Holle Baby Food (Switzerland), Freed Foods, Inc. (United States), Perrigo Company (Ireland), Bellamy Organics (Australia) and Friesland Campina (Netherlands). Additionally, following companies can also be profiled that are part of our coverage like Nature's One, Inc. (United States), Organix Brands Limited (Switzerland) and Progress OAO (Russia). Analyst at AMA Research see European Vendors to retain maximum share of Global Baby Food and Drink market by 2028. Considering Market by Distribution Channels, the sub-segment i.e. Online will boost the Baby Food and Drink market. Considering Market by Packaging, the sub-segment i.e. Bottles and Jars will boost the Baby Food and Drink market. Considering Market by End-User, the sub-segment i.e. Individual Users will boost the Baby Food and Drink market.
Latest Market Insights:
On January 15, 2023, Danone, a French multinational food-products corporation, and Mead Johnson Nutrition, an American multinational infant and child nutrition company, announced a merger agreement. The merger will create a global leader in infant and child nutrition, with a combined portfolio of iconic brands such as Enfamil, Happy Baby, and Aptamil.
On November 14, 2023, Nestlé launched Gerber Soothe & Feed, a new line of yogurt pouches that are designed to soothe and calm fussy babies. Gerber Soothe & Feed yogurt pouches are made with prebiotics, which can help to promote digestive health.
"FDA announced on June 9, 2014, that it is finalizing a rule—first published as an interim final rule on February 10, 2014—that sets standards for manufacturers of infant formula. In light of comments received after the interim rule published, the final rule provides some modifications and clarifications, and sets a date of September 8, 2014, for manufacturer compliance. Under the final rule, standards include Current good manufacturing practices specifically designed for infant formula, including required testing for the harmful pathogens (disease-causing bacteria) Salmonella and Cronobacter. A requirement that manufacturers demonstrate that the infant formulas they produce support normal physical growth. A requirement that infant formulas be tested for nutrient content in the final product stage, before entering the market, and at the end of the products’ shelf life."
What Can be Explored with the Baby Food and Drink Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Baby Food and Drink Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Baby Food and Drink
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baby Food and Drink market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Baby Food and Drink market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Baby Food and Drink Manufacturers, Baby Food and Drink Suppliers and Traders, Potential Investors, Market Research Firms and Government and Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.