Baby Food Market to Exhibit Sustained Growth at a CAGR of 1.2% By 2030| MarkNtel Advisors

Baby Food Market

Report Overview:

The following report titled “Global Baby Food MarketBy Type of Food (Dried Baby Food, Prepared Baby Food, Milk Formula (Standard Milk Formula (Liquid Standard Milk Formula, Powder Standard Milk Formula), Follow-on Milk Formula (Liquid Follow-on Milk Formula, Powder Follow-on Milk Formula), Growing-Up Milk Formula (Liquid Growing-Up Milk Formula, Powder Growing-Up Milk Formula), Other Milk Formula)), By Origin (Organic, In-Organic), By Sales Channel (Store Based (Grocery Stores, Pharmacies, Others (Health & Supplement Stores, etc.)) and other forecast 2023-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Baby Food Market Summary

The Global Baby Food Market size was valued at USD 69.76 Billion in 2022 and is projected to grow at a CAGR of around 1.2% during the forecast period, i.e., 2023-30. The market growth ascribes primarily to the increasing infant population, the rising awareness among parents about the nutritional requirements of babies, and the growing per capita income of people. The increasing number of working women has a direct impact on the market dynamics. As more women join the workforce, the demand for convenient & ready-to-use food products is increasing and, in turn, fueling the overall market growth for baby food.

Report Coverage & Details

  • Forecast Period: 2023–2030
  • Base Year: 2022
  • Market Size in 2022: USD 69.76 Billion
  • CAGR: 1.2%

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Baby Food Market Trend:

Growing Inclination toward Plant-Based & Clean-Label Foods – The market for baby food has witnessed rapid innovation that includes ingredients such as probiotics and human milk oligosaccharides found in baby food items. The need for clean-labeled, plant-based, and organic food is rising rapidly across different regions. This trend of shifting from chemical components to plant-based food is predicted to accelerate over the next several years, prompting the market players to launch babies’ such food, in turn, leading to increased market size.

Segmentation Analysis: Baby Food Market

By Type of Food

  • Dried Baby Food
  • Prepared Baby Food
  • Milk Formula
    • Standard Milk Formula
      • Liquid Standard Milk Formula
      • Powder Standard Milk Formula
    • Follow-on Milk Formula
      • Liquid Follow-on Milk Formula
      • Powder Follow-on Milk Formula
    • Growing-Up Milk Formula
      • Liquid Growing-Up Milk Formula
      • Powder Growing-Up Milk Formula
    • Other Milk Formula
  • Other Baby Food

By Origin

  • Organic
  • In Organic

By Sales Channel 

  • Store Based
    • Grocery Stores
    • Pharmacies
    • Others (Health & Supplement Stores, etc.)
  • Online

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific

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Region: Asia-Pacific Holds a Major Market Share

Of all regions globally, Asia-Pacific, with around 56.34% market share, is both the largest & fastest growing Baby Food industries.

Leading Players Analysis: Baby Food Market

The report provides detailed analysis of key players in the global Baby Food market, highlighting their strategies and competitive scenario.

  • Nestle SA
  • Danone Groupe
  • Feihe International Inc
  • Reckitt Benckiser Group Plc (RB)
  • Abbott Laboratories Inc
  • Royal Fri e s l a ndCa mpi na NV
  • Shijiazhuang Junlebao Milk Co Ltd
  • Australia Ausnutria Dairy Pty Ltd
  • Inner Mongolia Yili Industria l Group Co Ltd
  • Hipp GmbH
  • Kraft Heinz Co
  • Health & Happiness (H&H) International Holdings Ltd
  • Progress OAO
  • Vietnam Dairy Products JSC
  • Hero Group GmbH
  • Morinaga Milk Industry Co Ltd
  • a2 Milk Co Ltd
  • Hain Celestial Group Inc
  • Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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Key Benefits for Stakeholders:

  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
  3. Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

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