Global Infant Food Market, By Product Type (Bottled Baby Food, Baby Food Cereals, Others), By Ingredients (Cereals, Fruits, Others), By Category (Organic, Conventional), By Distribution Channel (Offline, Online), Estimation & Forecast, 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Infant Food market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Infant Food market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Market Introduction
The global infant food market was worth at USD 74,087.3 Billion in 2020 and is anticipated to reach USD 114,241.5 Billion by the year 2027. The market is anticipated to register a CAGR of 6.4% during the assessment period.
Infant food is specialty nutrition designed preferably for infants under age 12 months. The infant food is inherently made soft for easy consumption and is available in several varieties and flavors. The rising awareness about importance of nutrition among parents, growing personal disposable income, and increasing number of working women are major factors propelling the growth of the market. In addition, the growth in e-commerce industry in developing economies is giving a push to the sales of infant food through online channels. Moreover, rapid urbanization and increasing acceptability for quality baby food products in developing nations is anticipated to encourage the consumers to opt for infant food products. Further, the new product developments and product launches is expected to support the market growth in coming years. For instance, in December 2020, Abbott Nutrition launched Similac line Pro-Advance. This infant formula includes 2’-FL HMO prebiotic added for infant immune support.
Growth Influencers:
Growing working women population coupled with increase in demand for ready to use baby food
In the recent years, the participation of women in workforce has increased significantly. According to the Report “The rise and rise of women’s employment in the UK” published by the Institute for Fiscal Studies, the share of working-age mothers increased to 72% in 2015 from 50% in the year 1975. The growing number of working women with limited time to focus on the nutritional needs of their babies has led to an increase in demand for ready to use baby foods. In addition, the growing incidence of lactation issues in mothers is also supporting adoption of packaged baby food products. Moreover, in some cases specially in developed economies, mothers voluntarily prefer to infant foods instead of breast feeding, which further increases the demand for market products.
Rising demand in developing economies
The ever-increasing population in countries such as India, China, Indonesia and growing urbanization has provided favorable conditions for market growth. The growing retail sector in the developing countries also supports the growth of the market. In addition, rising disposable income in developing nations is expected to support market growth. According to the data published by CEIC Data, the gross disposable income data of Indian households increased from 119.56 INR Millions in 2017 to 131.52 INR Million in 2018. Furthermore, owing to the growing demand, several leading market companies have increased their focus on developing nations with an aim to increase their market share.
Increasing R&D Activities
Market players are increasing their investment on research and development of innovative products. This factor is anticipated to boost global infant food market growth. For instance, in June 2021, Bobbie, a company based in San Francisco raised USD 15 million in Series A funding to develop its baby formula. Further, in the year 2019, Nestle SA opened a research center in Ireland for developing milk-based infant products and maternal nutrition products.
Increasing in demand for home made baby food
The concerns related to the ingredients used in packaged baby food is increasing among the parents. In the recent years, several cases of toxic elements detected in baby foods were notified. In addition, the high price of baby food products has hampered their adoption among middle income groups. These factors are responsible for growing demand for home made baby food. However, market players are focused on running campaigns to ensure consumer about the safety of their products.
Segments Overview:
The global infant market is segmented into product type, ingredients, category, and distribution channel.
By product type
• Bottled Baby Food
• Baby Food Cereals
• Baby Food Snacks
• Baby Food Soup
• Frozen Baby Food
• Ready To Feed Baby Food
The baby food cereals segment accounts for largest share of more than 24% and the bottled baby food segment accounts for second largest share in the product type segment. The growing awareness among parents about several health benefits of feeding baby foods is one of the major factors supporting the market growth of the segment.
By ingredients,
• Cereals
• Fruits
• Meat Products
• Milk Products
• Vegetables
The milk products segment accounts for the largest share, followed by cereals segment. The rise in medical issues related to breast feeding in women is a key factor for the growth of milk products segment.
By category,
• Organic
• Conventional
The organic segment is expected to be the fastest growing segment on the basis of category. The growth of this segment is attributed to the increasing inclination of parents towards organic infant foods, which has resulted in increased focus of market players in developing organic products.
By Distribution Channel,
• Offline Channel
o Hypermarkets
o Supermarkets
o Convenience Stores
o Drugstores/ Pharmacies
• Conventional Channel
The offline segment accounts for largest share in the distribution channel segment. Hypermarkets and supermarket are commonly preferred offline channels, as consumer variety of products under one roof. In the U.S., baby food products are majorly sold through stores such as Target and Walmart.
The online segment is anticipated to be the fastest growing segment owing to the rise in e-commerce sector in the developing countries.
Regional Overview
On regional basis, the global infant food market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The Asia pacific region accounts for the largest market share of more than 40% in the global market. The growth in number of working parents in the region has led to increased demand for precooked infant food products. In addition, increased focus of market players in developing countries such as India and china supports the market growth in this region. For instance, in May 2021, Nestlé invested in baby food production in China. The company set up production for pouched baby food products.
Europe holds second largest market share in the global market. The factors such as growing inclination towards organic baby foods and growing population of working parents support the market growth in this region. In addition, prominent market players have strong foothold in this region.
Competitive Landscape
Key players operating in the global infant food market includes Abbott (Abbott Nutrition), Babylicious Ltd., Babynat, Beech Nut Nutrition Corporation, Bristol Myers Squibb, Bubs Organic, LLC, DANONE, Dutch LadyMilk Industries Bhd, Earth’s Best (The Hain Celestial Group, Inc.), Ella’s Kitchen, FASSKA, H.J. Heinz Company, Hero Baby, HiPP, Little Dish, Nestle SA, Nutricia, Plasmon, Perrigo Company plc, SMA Nutrition, Sprout Foods, Inc., and Want Want Group Leisure Foods Ltd.
These market players are engaged in partnerships, new product launches, merger & acquisitions to strengthen its market presence. For instance, in June 2018, SMA Nutrition launched SMA Organic Follow-on Milk and SMA Organic Growing Up Milk in UK.
The global infant food market report provides insights on the below pointers:
• Market Penetration: Provides comprehensive information on the market offered by the prominent players
• Market Development: The report offers detailed information about lucrative emerging markets and analyze penetration across mature segments of the markets
• Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
• Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global infant foods market have been provided in this research report. In addition, the report also emphasizes on the SWOT analysis of the leading players.
• Product Development & Innovation: Report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The global infant food market report answers questions such as:
• What is the market size and forecast of the Global Infants Foods Market?
• What are the inhibiting factors and impact of COVID-19 on the Global Infant Food Market during the assessment period?
• Which are the products/segments/applications/areas to invest in over the assessment period in the Global Infants Foods Market?
• What are the technology trends and regulatory frameworks in the Global Infants Foods Market?
• What is the market share of the leading players in the Global Infants Foods Market?
• What modes and strategic moves are considered favorable for entering the Global Infants Foods Market?
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Infant Food Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Infant Food market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Infant Food Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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