Global Baby Food Market Size To Worth USD 119.92 Billion By 2033 | CAGR Of 6.32%

Category: Food & Beverages

RELEASE DATE Nov 2024
REPORT ID SI7553

Global Baby Food Market Size To Worth USD 119.92 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Baby Food Market is to Grow from USD 70.84 Billion in 2023 to USD 119.92 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.32% during the projected period.     

 

Global Baby Food Market

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Browse key industry insights spread across 223 pages with 121 Market data tables and figures & charts from the report on the "Global Baby Food Market Size, Share, and COVID-19 Impact Analysis By Category (Organic and Conventional), By Type (Milk Formula, Dried, Ready-to-Feed, Others), By Distribution Channel (Drugstores/ Pharmacies, Supermarkets/Hypermarkets, Convenience Store) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."   Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/baby-food-market

 

Baby food is a soft, easily digested diet developed particularly for babies and children aged six months to two years. Baby food comes in a variety of tastes, types, and forms. It might be mashed table food or something readily available and purchased from a producer. The global infant food industry is quickly rising as the number of working women increases, as are parental concerns about nutrition. Professionally prepared baby food has helped working women manage their time. These meals are provided to babies aged four to six months and two years. The key drivers for the infant food sector include a growing awareness of neonates' rising nutritional needs, coordinated retail marketing, and a significant increase in the female workforce. However, the baby food industry is severely limited by stringent quality checks and government and food department restrictions.

 

The organic category held the largest market share over the projection period.

Based on the category, the global baby food market is divided into organic, and conventional. Among these, the organic category held the largest market share over the projection period. Organic baby food contains essential nutrients such as vitamins, minerals, and antioxidants that are required for a child's overall health. Organic puree is ideal for integrating solid foods into a baby's diet. Puree is created by combining fruits, vegetables, and, in certain circumstances, meat or grains. It comes in a number of flavors and might be easily stored in a bag or jar for on-the-go consumption.

 

The ready-to-feed category is likely to fuel market expansion throughout the forecast period.

Based on the type, the global baby food market is divided into milk formula, dried, ready-to-feed, and others. Among these, the ready-to-feed category is likely to fuel market expansion throughout the forecast period. Ready-to-eat meals save time that would have otherwise been spent shopping, cooking, and cleaning. The ready-to-eat infant food product produces the highest revenue. It includes oats, purees, and squash. All of these dishes are ready for consumption. The category is expected to grow as the number of working women in the global economy increases.

 

Supermarkets/hypermarkets hold the biggest market share over the forecast timeframe.

Based on the distribution channel, the global baby food market is categorized into drugstores/ pharmacies, supermarkets/hypermarkets, and convenience stores. Among these, supermarkets/hypermarkets hold the biggest market share over the forecast timeframe. The supermarket/hypermarket segment is projected to account for the largest share of the overall market. Supermarkets are expected to grow over the projection period due to the strong awareness and appeal of these food products among the Asian Pacific population. This location has strong marketing and attractive price techniques.

 

Asia-Pacific has the biggest share of the global baby food market over the forecast period.

 

Global Baby Food Market

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Asia-Pacific has the biggest share of the global baby food market over the forecast period. The Asia Pacific market earned the highest revenue in previous years and is expected to exhibit promising growth during the projected period. The market is expected to grow as the number of working mothers grows and more people become aware of the numerous baby food items that feed and safeguard their children's health. The market is predicted to grow during the forecast period due to its diverse distribution options and effective marketing channels.

 

Europe is predicted to grow fastest pace throughout the forecast period. The European continent offers an abundance of raw material sources for baby feeding. Stringent limitations and intense competition among manufacturers have resulted in greater product diversity and nutritional value. Large corporations are frequently interested in mergers and acquisitions to get a competitive edge.

 

Major vendors in the global baby food market include, Bubs Australia Limited, HiPP, PZ Cussons, Nestlé, The Hain Celestial Group, Inc, Abbott Laboratories, Asahi Group, Symrise AG, DMK Group GmbH, Friesland Campina, Kewpie Corporation, Reckitt Benckiser Group plc, Danone S.A, Milupa GmbH, The Kraft Heinz Company, Hero Group, and Others.

 

Recent Developments

  • In October 2024, Nestle announced that it is launching 14 new Cerelac baby food varieties free of refined sugar. This comes after a scandal in which it was discovered that, in contrast to markets in Europe or the UK, Cerelac in developing nations, particularly India, included additional sugars.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global baby food market based on the below-mentioned segments: 

 

Global Baby Food Market, By Category

  • Organic
  • Conventional

 

Global Baby Food Market, By Type

  • Milk Formula
  • Dried
  • Ready-to-Feed
  • Others

 

Global Baby Food Market, By Distribution Channel

  • Drugstores/ Pharmacies
  • Supermarkets/Hypermarkets
  • Convenience Store

 

Global Baby Food Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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