Market Research Reports Global Baby Food and Infant Formula Market
Global Baby Food and Infant Formula Market by
Manufacturers, Regions, Type and Application, Forecast to
2023
Bharat Book Bureau Provides the Trending Market Research Report on “Global Baby
Food and Infant Formula Market by Manufacturers, Regions, Type and Application,
Forecast to 2023”under Food & Beverage category. The report offers a collection of
superior market research, market analysis, competitive intelligence and industry
reports.
Baby food is any soft, easily consumed food, other than breastmilk or infant formula,
which is made specifically for babies. The food comes in multiple varieties and tastes.
Scope of the Report:
This report focuses on the Baby Food and Infant Formula in global market,
especially in North America, Europe and Asia-Pacific, South America, Middle East and
Africa. This report categorizes the market based on manufacturers, regions, type and
application.
Over 80% of the world’s population lives in the developing world, and while global
birthrates have steadily decreased across all regions and economic levels over the
past 55 years, they remain highest in developing countries, according to the World
Bank. In addition, rapid urbanization, the growth of the middle class and rising rates
of female participation in the labor force in many developing markets has
encouraged the adoption of convenience-oriented lifestyles, making baby food and
infant formula more desirable.
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Baby food and infant formula has various types, including infant formula, baby
snacks, baby cereals, bottled & canned baby food and so on. Among the product
family, infant formula accounts for the largest market share, which held about
71.04% market share in 2015.
As for the consumption region, Asia-Pacifc is the largest consumer, whose
consumption was 2150 K MT in 2015, accounting for 41.23% share globally. The
followers are Europe and USA, holding about 22.69% and 17.36% share respectively.
Marketing channels of baby food and infant formula is also various. Hypermarket,
supermarket, drug stores, specialty stores, online sales are the major marketing
channels of baby food and infant formula. In the recent few years, with the rapid
development of internet, online shopping platform becomes popular. More and
more moms prefer to buy baby food and infant formula through the platform, which
impacts the traditional marketing channels largely.