DUBLIN – (WIRE BUSINESS) – The report “Baby Food Market – Growth, Trends, Impact on COVID-19 and Forecasts (2021 – 2026)” has been added to ResearchAndMarkets.com Oferta e.
The global baby food market was valued at $ 77.85 billion and the market is projected to record a CAGR of 3.67% during the forecast period (2021-2026).
Reckitt Benckiser Group plc
Feihe International Inc.
Royal FrieslandCampina NV
Shijiazhuang Junlebao Dairy Co., Ltd
Ausnutria Dairy Corporation Ltd
Kraft Heinz Company
Main market trends
Increasing demand for organic baby food
The growing number of malnutrition cases and health concerns for the overall growth of infants represent the key factors driving the global baby food market. Improved economic conditions have resulted in increased spending by parents. Therefore, they are willing to spend on high quality and expensive products for the health of their babies. Also, organic baby food prevents the presence of any kind of pesticide in the baby system as it is made from fruits and vegetables that are not sprayed with chemical pesticides and meat from animals that are not given antibiotics or growth hormones. It also does not contain any artificial fragrances, preservatives or dyes. Moreover, urbanization and the growing population, especially women, have encouraged comfort-oriented lifestyles, which is increasing the demand for organic baby food globally and subsequently increasing baby food sales.
Asia-Pacific holds the largest share in the baby food market
The Asia-Pacific region has a very important share in the baby food market. Both is the largest and fastest growing region globally. It is expected to be very dynamic in the coming years, due to its growing population, rushed lifestyles and rising consumer spending. China is the largest market in the region, which along with emerging economies like India and Indonesia is expected to boost market growth in the region.
The growing penetration of modern retail and product awareness, combined with the increase in disposable income and purchasing power, are some of the key factors influencing the growth of the baby food market in the region. Specialized non-food retailers such as pharmacy shops / pharmacies have been observed to be the preferred channel for consumers in the region and the fastest growing online channels.
Main topics covered:
2 RESEARCH METHODOLOGY
3 P EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Leaders
4.2 Market Restrictions
4.3 Analysis of Porter’s five forces
5 MARKET SEGMENTATION
5.1 By category
5.2 By type
5.2.1 Milk formula
5.2.2 Dry baby food
5.2.3 Ready to feed baby food
5.3 According to the distribution channel
5.3.1 Pharmacies / Pharmacies
5.3.2 Supermarket / Supermarket
5.3.3 Convenience stores
5.3.4 Online Channels
6 COMPETITIVE VIEW
6.1 Most active companies
6.2 Most Approved Strategies
6.3 Market Share Analysis
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID-19 N MARKET
For more information about this report visit https://www.researchandmarkets.com/r/h2pvek