Global Baby Food Market Size, Share, Growth Analysis, By Product Type(Milk Formula, Dried Baby Food), By Distribution Channel(Drugstores/ Pharmacies, Supermarkets/Hypermarkets) - Industry Forecast 2023-2030

Baby Food Market size was valued at USD 29774.14 million in 2021 and is poised to grow from USD 31509.36 million in 2022 to USD 49468.08 million by 2030, growing at a CAGR of 5.8% in the forecast period (2023-2030).

Baby food is a soft, easily digestible diet that is primarily intended for infants and young children, typically between the ages of six months and two years. Baby food is available in a variety of flavours, preparations, and forms. Anything that is readily available and can be purchased from manufacturers, such as mashed table food, may also qualify. The demand for infant food has been growing quickly across the globe as a result of an increase in working women and parents' concerns about nutrition. Professionally made infant food has helped time-pressed women. Non-lactation-related problems that can result in the infant being undernourished can be resolved with professionally made baby food that meets their nutritional requirements.

Developing nations have experienced considerable growth in this market. Modern lives and greater disposable wealth have raised the need for baby food. The increasing urbanisation of the planet may represent a big risk for the players. It is anticipated that the creation of new products will increase consumer interest. The infant food sector may face significant challenges from newborn milk intolerance and declining birth rates. The infant food market is being driven by rising organised retail marketing activity and urbanisation rates.

Furthermore, there is a higher demand for baby food due to lowering infant mortality rates, a growth in the percentage of working moms, and consumer knowledge of cutting-edge baby food products globally. The baby food business is anticipated to expand as parents' worries about their kids' health increase. With more parents becoming aware of the negative consequences of synthetic additives, the demand for organic baby food is growing.

The market is also being driven by the widespread usage of baby food, which among other things aids in the development of the brain, muscles, and nervous system, as well as the growing consumer knowledge of the various advantages the product offers.

Industry-processed baby food is becoming more and more important in meeting the nutritional demands of infants and toddlers worldwide as a result of the growing number of developing parental concerns about nutrition and contemporary time restrictions.

Due to the lifestyles of both parents and their rising interest in food, particularly organics, the infant food business has recently undergone adjustments. Parents' kitchen cupboards are stocked with expertly prepared foods in a variety of liquid and solid flavours for children between the ages of six months and two years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Baby Food Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report:

The Global Baby Food Market is segmented based on Type, Distribution Channel, and Region. Based on the Product Type, the Global Baby Food Market is segmented as Milk Formula, Dried Baby Food, Ready-to-Feed Baby Food and Other. Based on the Distribution Channel , the Global Baby Food Market is segmented as Drugstores/ Pharmacies, Supermarkets/Hypermarkets, Convenience Stores, Online Channels, Other Distribution Channels. Based on Region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

Since there is less time for food preparation due to the rise in the number of working women, high-quality baby food is required. Because they give newborns the proper nourishment, ready-to-eat baby foods are popular in urban areas. Consumers can expand their baskets and buy more discretionary goods when their disposable income and household spending rise.

Restraint

Due to the fact that the baby food sector is a very sensitive one that directly affects children's health, it is continually on law enforcement's radar. Scientific research has shown that infant food products do not meet the nutritional standards of breast milk and cannot be used to meet a child's nutritional needs.

Market Trends

In the infant food sector, eco-friendly packaging enables product differentiation. Businesses are making an effort to use recyclable raw materials to produce baby food packaging. This helps the business advertise infant food goods using environmentally friendly marketing strategies.