Baby Food and Formula Market: Global Industry Size, Growth, Share and Forecast to 2025

Published By: Brisk Insights | Published On: Jun 28, 2017

Key Findings

The Global Baby Food and Formula Market has been projected to grow at the CAGR of 6.2% during 2017-2025. In 2016, the market has generated the revenue of $ 29.7 billion and is expected to reach $ 48 billion by 2025.

 

Baby food is a partial or a total substitute for breast milk for infants of under two years. It is a soft food, which can easily consumed by the babies and infants. Baby food and infant formula are generally encouraged with required amount of proteins and iron, to facilitate it properly and helps in the body development and growth in the baby. Baby food and infant formula market is classified into various segment which includes baby meals, baby cereals, baby juice and baby cookie.

 

Market Segment Insights

The overall baby food and formula market is led by the infant formula and baby cereals segments. The two segments collectively contribute to more than 50% of the total revenue generated worldwide. These food products are easy to prepare and hence are popular across both the developed as well as developing regions. These segments are estimated to continue dominating the market throughout the forecast period. Prepared food segment is estimated to register the highest growth rate in upcoming years. The food can be served without any prior arrangements and hence becomes highly hassle-free for the parents. With the rising adoption of convenient and nutritious products, the demand for prepared food products is projected to register the highest growth rate during the forecast period. The others segment, comprising beverage and frozen foods, too is estimated to witness strong growth during the forecast period.

 

Regional Insights

North America and Europe collectively account for the largest share, in terms of revenue and adoption of the global baby food and formula. The regions enjoy strong adoption of baby food and formula products along with the presence of leading baby food and formula manufacturing companies. In addition, the higher prices of baby food products, as compared to other regions, is another major factor responsible for higher revenue generation from these regions. The Asia Pacific is estimated to witness the highest growth in the overall baby food and formula market during the forecast period. With the rising discretionary income and awareness regarding healthcare, people here are increasingly shifting towards branded baby care products. Additionally, due to increasing female workforce in countries such as India and China, the demand for convenient baby care products has increased significantly in the past few years.

 

Market Competition Assessment:

The major players currently operating in the global baby food and formula market include Abbott Laboratories, Bellamy’s Organic, Bristol-Myers Squibb Company,         Danone SA, Hain Celestial Group, Hero Group, Kraft Heinz Company, Mead Johnson & Company, LLC, Nestle SA., and  Perrigo Company Plc.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions


Chapter 2 Executive Summary
2.1 Global Baby Food and Formula Market Portraiture
2.2 Global Baby Food and Formula Market, by Product, 2016 (US$ Mn)
2.3 Global Baby Food and Formula Market, by Geography, 2016 (Value %)


Chapter 3 Global Baby Food and Formula Market Analysis
3.1 Overview
3.2 Major Market Trends and Key Takeaways
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Increase In Health Concerns Among Parents And Breastfeeding Limitations
3.3.2 Challenges
3.3.2.1 Rising Health Concerns About Processed Baby Food And Infant Formula
3.3.3 Opportunities
3.4 Attractive Investment Proposition by Geography
3.5 Competitive Analysis: Global Baby Food and Formula Market, 2016


Chapter 4 Global Baby Food and Formula Market, by Product, 2015-2025 (US$ Mn)
4.1 Preface
4.2 Infant Formula
4.3 Baby Cereals and Dried Baby Food
4.4 Prepared Baby Food
4.5 Others (Frozen Food, Beverages etc.)


Chapter 5 Global Baby Food and Formula Market, by Geography, 2015-2025 (US$ Mn)
5.1 Preface
5.2 North America (U.S. and Canada)
5.3 Europe (U.K., Germany and Rest of Europe)
5.4 Asia Pacific (China, Japan, India and Rest of APAC)
5.5 Latin America (Mexico, Brazil and Rest of LATAM)
5.6 Middle East and Africa (GCC, and Rest of Middle East and Africa)


Chapter 6 Company Profiles
6.1 Abbott Laboratories
6.2 Bellamy’s Organic
6.3 Bristol-Myers Squibb Company
6.4 Danone SA
6.5 Hain Celestial Group
6.6 Hero Group
6.7 Kraft Heinz Company
6.8 Mead Johnson & Company, LLC
6.9 Nestle SA
6.10 Perrigo Company Plc.

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