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Global Baby Food and Infant Formula Market Share, size, Growth, Trends And Forecast, 2018-2023

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Get more information about the market: The latest report by IMARC Group, “Baby Food and Infant Formula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global baby food and infant formula market reached a value of US$ 50 Billion in 2017. Request a sample report: Browse more Reports on Food & Beverages Industry : Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com – PowerPoint PPT presentation

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Title: Global Baby Food and Infant Formula Market Share, size, Growth, Trends And Forecast, 2018-2023


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    Global Baby Food and Infant Formula Market
Bolstered by Rising Health Concerns

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Baby Food and Infant Formula Market
Bolstered by Rising Health Concerns Over the
past few years, the global baby food and infant
formula market has witnessed a positive growth.
Some of the factors that are further fuelling the
market growth are rising health concerns, soaring
female employment rates, rapid urbanisation,
increasing disposable incomes, etc. Baby food is
a soft and easy-to-digest mash of vegetables,
fruits, cereals and meat. It is meant for the
consumption of babies in order to suffice their
everyday nutritional needs. On the other hand,
infant formula refers to a substitute of breast
milk which can be served till the age of two
years. It is manufactured via adding fatty acids,
vitamins and prebiotics to processed milk. Since
babies lack teeth as well as developed muscles
for chewing, baby food and infant formula are
intentionally made with a semi-liquid
consistency. Moreover, these formulations offer
ease of use and portability, which has helped in
increasing their popularity among the consumers.
A new research report by IMARC Group,
titled Baby Food and Infant Formula Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the global baby food and infant formula
market was worth US 50 Billion in 2017. The
report further anticipates the market to cross
US 69 Billion by 2023, at a projected CAGR of
5.5 over the forecast period.
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Report Description and Highlights
Report Description
  • Global Baby Food and Infant Formula Market
    Drivers/Constraints
  • One of the primary factors that have influenced
    the demand for baby food and infant formula
    globally are rising health concerns amongst the
    parents for the overall development of their
    baby.
  • Nowadays, a large number of baby food and infant
    formula variants are available in the market
    ranging from organic to lactose-free products,
    catering to the varied requirements of the
    consumers. This acts as another factor driving
    the sales of baby food and infant formula across
    the globe.
  • Some of the other factors, proliferating the
    market growth are a surge in female employment,
    rapid urbanisation, rise in the middle-class
    population, increasing disposable incomes and a
    mounting demand for convenient products that can
    also be used while travelling.
  • However, there are several factors that hamper
    the market growth. For instance, baby food and
    infant formulas are costlier as compared to milk.
    Additionally, these products can be difficult to
    digest and cannot respond to the babys changing
    dietary needs.
  • Read more here https//www.imarcgroup.com/baby-fo
    od-infant-formula-market

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Report Description and Highlights
Report Description
Product Type Insights Based on product type,
the baby food and infant formula market is
segmented as milk formula, dried baby food,
prepared baby food and others. Currently, milk
formula exhibits a clear dominance in the
market. Distribution Channel
Insights On the basis of distribution channel,
supermarkets and hypermarkets represent the
largest segment as they offer a large number of
products along with enhanced convenience to the
consumers. They are followed by pharmacies,
convenient stores and others Request Sample Of
The Report https//www.imarcgroup.com/request?typ
ereportid838flagB
6
Report Description and Highlights
Report Description
  • Regional Insights
  • On a geographical front, Asia-Pacific enjoys a
    leading position in the global baby food and
    infant formula market accounting for the largest
    market share. Asia-Pacific is followed by North
    America, Europe, Latin America, and Middle East
    and Africa.
  • Competitive Landscape
  • The market is highly fragmented with the presence
    of both small as well as large manufacturers who
    compete in terms of prices and quality. Some of
    the leading players operating in the market are
  • Abbott Nutrition
  • Nestlé
  • Danone
  • Mead Johnson
  • Kraft


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Report Description and Highlights
Browse more related reports  Organic Baby
Food Market https//www.imarcgroup.com/organic-ba
by-food-market Food Logistics Market
https//www.imarcgroup.com/food-logistics-market
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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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