Global Baby Food market is growing at a CAGR of 8.9% to reach $97.7 billion by 2022

Orbis Research

Orbis Research

OrbisResearch.com has published new research report on "Baby Food-Global Market Outlook (2016-2022)" to its database.

TEXAS, DALLAS, USA, March 15, 2017 /EINPresswire.com/ -- The Global Baby Food market is estimated at $53.6 billion in 2015, and is growing at a CAGR of 8.9% to reach $97.7 billion by 2022. Some of the factors such as altering socio-economic trends, mounting end user alertness as well as modern goods and binding, matured industrialization and mass production of canned goods, growing importance of advertising and the discovery of vitamins in vegetables and fruits are the major drivers boosting the market growth. However, declining birth rates and lack of practice to feed home cooked food to babies are some of the restraints hampering the market.

By product, milk formula segment accounted for the largest market share during the forecast period followed by prepared baby food. Moreover, prepared baby food segment witnessed to have a prominent adoption in the global market. Asia-Pacific dominated the global market in terms of revenue during the forecast period followed by Europe and North America. Emerging countries have a huge market for milk formula and occupies more than half of overall global market share.

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Some of the key players in this market include Abbott Nutrition, Sma Nutrition, Danone Dumex, Fasska, Plum Mums, Bristol-Myers Squibb, Earth’s Best, H.J. Heinz Co, Nestle S.A, Perrigo Company Plc., Mead Johnson & Company, LLC, Hero Group., Bellamy Organics., Hain Celestial Group and Campbell Soups.

Product Covered:
Milk Formula
Dried Baby Food
Ready to Feed Baby Food
Prepared Baby Food

Health Benefits Covered:
Muscular growth
Nervous system
Bones and teeth development
Body energy
Immune system
Blood enhancement
Brain and eye development
Vascular system
Other benefits

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Ingredients Covered:
Milk products
Fruits
Vegetables
Cereals
Mixed
Barley
Oatmeal
Rice
Meat products

Distribution Channel:
Health and beauty retailers
Hypermarkets
Small grocery retailers
Super markets
Convenience stores
Food specialists
Other Distribution Channel

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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Orbis Research
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