PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1223370
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1223370
Global Baby Food Market Overview
According to SPER Market Research, the Global Baby Food Market is estimated to reach USD 148.19 billion by 2032 with a CAGR of 6.26%.
The global baby food market is expected to grow in tandem with rising infant population levels. The global baby food market is expanding due to increased awareness of baby food products and rising disposable income levels. The growing working female population around the world is expected to fuel the baby food market. The main products for infants are instant formulas such as milk products and other protein supplements. Toddlers are frequently given energy-boosting supplements and ready-to-eat food products. Baby food contains all of the necessary proteins and dietary supplements for the baby's proper growth. Existing infant hunger and malnutrition issues in many developing and underdeveloped countries reveal a larger market for baby food.
Impact of COVID-19 on the Global Baby Food Market
Consumer demand was influenced by health concerns and food scares during the COVID-19 outbreak. Sales initially increased as customers' concerns about food safety and their health drove purchases.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product, By Packaging, By Baby Category, By Distribution Channel
Regions covered
Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Hero group, Nestle, Asahi group, Abbot, Danone, Kewpie Corp., Bulbs Australia Ltd., HIPP, PZ Cussons, DMK Group GmbH, Milupa GmbH, Friesland Campina, The Kraft Heinz Company
Global Baby Food Market Segmentation:
By Product: Based on the Product, Global Baby Food Market has been segmented as; Baby Food Cereals, Baby Food Snacks, Baby Food Soup and Milk Formula, Frozen Baby Food
By Packaging: Based on the Packaging, Global Baby Food Market is segmented as: Pouches, Jars, Bottles, Others.
By Baby Category: Based on the Baby Category, Global Baby Food Market is segmented as; Infants, Toddlers.
By Distribution Channel: Based on the Distribution Channel, Global Baby Food Market is segmented as; Shopping Malls, Supermarkets, Convenience Stores, Hyper Markets, Online Retail.
By Region: The Baby Food market has been divided into four regions based on geography: North America, Europe, Asia-Pacific (APAC), and the rest of the globe.