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Saturday 7 January 2023

Baby Food Market is Expected to Reach $170.5 billion by 2032 | Sheer Analytics and Insights,

 


According to a market report, published by Sheer Analytics and Insights, The global baby food market was valued at $85.6 billion in 2021 and it is expected to reach $170.5 billion at a CAGR of 6.2% between 2022 and 2032.  Soft home-cooked food is traditionally fed to infants; in impoverished and developing nations, this practice is still common. However, the demand for packaged infant foods has grown across all civilizations and cultures as a result of expanding urbanization and shifting lifestyles. Growing dietary awareness, an increase in organized retail marketing, urbanization, and a notable rise in the number of working women are important drivers of the baby food market's expansion. Baby food mostly consists of specialized nutrition with a well-balanced nutritional quality designed to closely resemble breast milk. It is a commercially available pre-prepared solid food with an easily chewable that is primarily intended for infants, new-born, toddlers, or preschoolers. Baby food often includes nutrients including iron, minerals, vitamins, vital fatty acids, carbs, protein, and essential fatty acids.

One of the retail products with the fastest growth in the global food and beverage industry is baby foods. The baby food items meet the nutritional needs of infants. The term "baby food" refers to any soft, palatable food other than breast milk that is used to nourish human infants between the ages of four to six months and two years. Additionally, producers and consumers are most concerned about the safety of infant food. Moreover, companies can differentiate their products in the baby food industry by using environmentally friendly packaging and raising serious safety issues. Businesses aim to use recycled raw materials to design baby food product packaging. This aids the business's promotion of baby food products using eco-friendly marketing strategies. The baby food market is growing as a result of baby product innovation and aggressive marketing of baby food products. 

Request a Sample Copy of Report: https://www.sheeranalyticsandinsights.com/request-sample/baby-food-market-21

Furthermore, product innovation is crucial to the expansion of the baby food sector. The introduction of cutting-edge items to the market has been assisted by intensive research and development efforts. Additionally, both customers and manufacturers are most concerned about the safety of infant food. Baby food packaging that is tamper-proof guarantees the best possible safety of its contents. Additionally, being in high demand, organic goods are a significant trend in the infant food industry. To give their baby a healthy, sustainable diet, more parents are opting for natural and organic items. Consequently, avoiding going outside is causing a rise in the sales of baby food through online channels. This would create more growth opportunities for the market in the future.

On the other side, On the other hand, worries regarding the short shelf life are anticipated to restrain market expansion. During the projection period, the infant food industry is anticipated to have difficulties due to the lack of an appropriate regulatory framework. Moreover, the market for baby food is severely constrained by the strict regulations and quality controls imposed by governments and food agencies.

Some new developments in the global baby food market:

  • On 5th July, 2022, to satisfy parents' demands for feeding options that are suitable for vegetarian, flexitarian, and plant-based diets while still meeting their baby's unique nutritional needs, Danone has introduced the new Dairy & Plants Blend baby formula. The new Dairy & Plants Blend recipe also adds extra plant nutrition, including carefully chosen plant proteins, lipids, and fibers, while maintaining the advantages of Danone's well-known dairy-based baby formulae.
  • On 25th April, 2022, leading baby food company Gerber recently announced the release of Plant-based, its first line of plant-based baby food. There are a variety of organic plant-based toddler foods available in this collection, including pouches, snacks, and bowls. The products, which were developed to provide a richer source of plant protein, are made with nutrient-dense beans, whole grains, and vegetables.

According to the study, key players dominating the global baby food market are Abbott (U.S), Arla Foods (Denmark), Ausnutria Diary (Hong Kong), Danone (France), Campbell Soup (U.S), China Feihe (China), Dean Foods (U.S), Hein Celestial (U.S), Hero Group (Switzerland), HiPP (Germany), Kewpie Corporation (Japan), Kraftz Heinz Company (U.S), Mondelez International (U.S), Mengniu Dairy (China), Nestle (Switzerland), Pfizer (U.S), Perrigo (Ireland), Reckitt (U.K), Wittington Investments (U.K), Yili Group (China), among others.

The Global Baby Food Market Has Been Segmented Into:

The Global Baby Food Market – by Product Type:

  • Prepared Baby Food
  • Dried Baby Food
  • Baby Formula
  • Others

The Global Baby Food Market – by Food Type:

  • Organic Food
  • Non-Organic Food
  • Others

The Global Baby Food Market – by Regions:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • France
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • LAMEA
  • Middle East
    • Saudi Arabia
    • UAE
    • Others
  • Latin America
    • Brazil
    • Chile
    • Others
  • Africa
    • South Africa
    • Egypt
    • Others

Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/baby-food-market-21

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