$69 Bn Baby Food and Infant Formula Market: Global Industry Trends, Opportunity and Forecasts 2018-2023 – ResearchAndMarkets.com

16-Apr-2018 Intellasia | BusinessWire | 9:39 PM Print This Post

Food and Infant Formula Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023″
report has been
added to ResearchAndMarkets.com’s offering.

The global baby food and infant formula market reached a value of US$ 50
Billion in 2017, the market is expected to reach a value of US$ 69
Billion by 2023, registering a CAGR of 5.5% during 2018-2023.

Baby food and infant formula are food products specifically made for
babies till the age of two years. Infant formula serves as a replacement
of mother’s milk as it exhibits similar nutritional attributes. Whereas,
baby foods are soft minced and mashed vegetables, fruits, meats,
cereals, etc. for baby’s consumption. Since babies lack developed
muscles and teeth to chew effectively, these products act as the main
source of calories and nutrients for them. Over the years, parents have
shifted to packaged baby foods owing to the convenience and better
nutrition offered by these products.

Today, the parents are ready to spend on high-quality, expensive baby
foods to ensure the well-being of their infants. Rising health concerns
towards the overall development of the baby and growing number of
malnutritional cases are the key factors driving the growth of the

Furthermore, increasing awareness among people about the various health
benefits of feeding baby foods to infants and young babies is fuelling
the demand for baby foods across the globe. Increasing number of working
women and the need for convenient and portable nutrition for their
babies has created a large market for baby foods and infant formula.
Additionally, increasing spending on children’s healthcare coupled with
continuous innovation and aggressive marketing by various baby food
manufacturers has facilitated the global baby food and infant formula

Some of the major players are Abbott Laboratories, Nestle, Danone, Mead
Johnson and Kraft Heinz.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Baby Food and Infant Formula Market

6 Market Breakup by Type

7 Market Breakup by Distribution Channel

8 Market Breakup by Region

9 Imports and Exports

10 Baby Food and Infant Formula Manufacturing Process

11 Competitive Landscape

  • Abbott Nutrition
  • Nestle
  • Danone
  • Mead Johnson
  • Kraft Heinz

For more information about this report visit https://www.researchandmarkets.com/research/fb8dxl/69_bn_baby_food?w=4


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Topics: Baby


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