Infinium Global Research Baby Food Market | Page 2

Global Baby Food Market: Trends and Forecast -2023 INTRODUCTION REPORT DESCRIPTION Baby foods are essentially the first alternative to the breast milk during the growth and development of babies. Purees of natural fruits and vegetables are given as nutritional food for babies initially. As they grow, the baby food available for them varies from infant formula to solid dried baby foods. Currently, health conscious parents are opting for organic baby foods over conventional baby food. The Global Baby Food Market has experienced significant growth over the past few years, primarily due to rising population of working women, and their concern for good nutrition for their babies. Furthermore, manufacturing of baby food under strict health and safety standards has helped creating the awareness about the usefulness of packaged baby foods in providing the required nutrition for babies. This in turn has escalated the demand for baby food in the world market. Additionally, baby food is gaining popularity in the high income groups as a part of their status quo, especially in the emerging markets, which is expected to further drive the baby food market in emerging economies. Currently, owing to increasing demand for nutrition from the natural sources, the organic baby food segment is growing at a significant pace and several large players are engaging themselves to cash in the untapped markets. As per the report the global Baby food market was worth USD 53.31 billion in 2015 and it is projected to reach USD xx.xx billion, expanding at a CAGR of 7.9% between 2017 and 2023. This report estimates the market size of Baby food in terms of value (USD Billion) over the period of 2015 to 2023. The year 2016 are considered to be base years, and 2017 to 2023 is considered to be a forecast period. The market sizes for baby food by type, by product, by end use and by distribution channels are estimated in terms of value and volume. This market research study provides detailed qualitative and quantitative analyses of the global baby food market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of baby food. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World 2 | © Infinium Global Research