Baby Food Market

Baby Food Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Baby Food Market grew at a CAGR of 5.9% between 2017-2021 and is estimated to be US$ 89,678.5 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.4% and is expected to reach a valuation of US$ 1,51,738.0 Mn by 2032 end.

Rising organized retail marketing activities and urbanization rates drive the infant food market. Additionally, there is a greater demand for baby food due to declining infant mortality rates, increased working women’s proportion, and consumer awareness of innovative baby food products worldwide.

As parents’ concerns about their children’s health grow, the baby food market is expected to grow. The demand for organic baby food is expanding as more parents become aware of the harmful effects of synthetic additives.

Market Dynamic

THE DEMAND FOR THE ORGANIC BABY FOOD IS INCREASING AS THE NUMBER OF WOMEN WORKING HAS INCREASED IN THE RECENT YEARS

As the number of women working has increased over the past few years, organic baby food is needed. These handy foods are in high demand, causing the market to expand. Modern households increasingly use these nutrient-rich, quick-to-prepare packaged baby foods due to a lack of time for household management. This economic sector is anticipated to grow as it helps women balance their work and personal lives while they tend to household duties. Any woman’s top priority is her children’s nutritional needs.

The preference for manufactured infant meals among working moms is fueling the growth of this sector. The market will expand as food producers increase their spending on more affordable, high-quality organic food ingredients.

The market is anticipated to expand over the projected period due to the rising newborn population and the growing popularity of organic baby food. Depending on the baby’s needs, the baby’s food is typically packaged in several formats, such as powder, liquid, or paste. Baby food is widely used since it promotes a healthy brain, neurological system, and muscular development and raises public knowledge of its advantages.

Market Segments Covered in Report

By Category:

• Organic
• Conventional

By Type:

• Milk Formula
• Dried Baby Food
• Ready-to-Feed Baby Food
• Other Types

By Distribution Channel:

• Drugstores/ Pharmacies
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Channels
• Other Distribution Channels

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why are Online Channels expected to grow in the forecast period?

The online distribution channel is also anticipated to expand during the anticipated period. Throughout the forecast period, the CAGR for the online distribution channel is predicted to be 13.5%.

Does Organic Food have high preference than other segments?

Through 2032, the organic baby food industry is expected to develop at a CAGR of more than 6.6%, with a 17.1% market share in 2021. More and more parents are choosing organic baby food, encouraging the segment’s growth.

For instance, in April 2020, Gerber unveiled their “Plant-tastic” line of plant-based baby food. The offering includes a selection of plant-based organic toddler meals. The products are derived from grains, vegetables, and beans and offer a better supply of plant protein.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• During the forecast period, North America is anticipated to hold a market share of 28.1%. North America has a modest market share for baby food because of high median household incomes and a rising female labor force.
• It is predicted that Europe will hold a 20.8% share of the global baby food market. Due to greater modern retail penetration, rising product awareness, rising disposable incomes, and rising purchasing power, the region’s baby food market is growing.

Competition Analysis

The global baby food market has several small, medium-sized, and international players. To increase their market share, baby food producers use a variety of key growth strategies, including mergers and acquisitions, investments and expansions, partnerships and agreements, new product launches, and joint ventures.

As a result of the presence of significant regional and domestic businesses in numerous countries, the baby food market is competitive. With new technologies and revenue-generating techniques, new investors are drawn to the baby food market by product innovation.

Some of the key developments that have taken place in the Baby Food Market include the following:

• In April 2021, the Kraft Heinz Company created a plant-based baby food company to offer newborns a high-quality vegetarian diet. The menu includes Risotto with chickpeas, Potato baked with garden peas, and Saucy Pasta with beans.

A list of some of the key suppliers present in the market are:

• Danone SA
• Ausnutria Dairy Corporation Ltd
• Reckitt Benckiser Group PLC
• Abbott Laboratories
• Nestlé SA
• Feihe International Inc
• Shijiazhuang Junlebao Dairy Co. Ltd
• Yili Group
• Royal Friesland Campina NV
• The Kraft Heinz Company

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.