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 2016are considered to be base years, and
2017 to 2023 is considered to be a forecast period. The market sizes for baby foodby
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
2
|
© Infinium Global Research