Uploaded on Dec 9, 2019
The Global Baby food market was valued at $69,517.786 million in 2018 and is expected to garner $92,809.073 million by 2024, registering a CAGR of 4.93% during the forecast period 2018-2024. The baby food market is food items for the consumption of newborn babies. It is consumed easily in comparison to other food products. The baby food items consist of high nutrient content and it is available in the different flavors. The baby foods are either soft or liquid paste which can be easily chewed by the babies. For more information visit here: https://www.knowledge-sourcing.com/report/global-baby-food-market
Baby Food Market Growth, Trends, and Forecast (2019 - 2024)
Global Baby Food
Market
Forecast From 2019 to
2024
DESCRIPTION
As per the latest reports by Knowledge Sourcing Intelligence, The global baby food market is
projected to grow at a CAGR of 4.93% during the forecast period to reach US$92,809.073
million in 2024 from US$69,517.786 million in 2018. Growing urbanization and changes in the
lifestyle of people have resulted in a rise in the consumption of baby foods in place of the
traditional soft-cooked home food. Furthermore, the growing awareness regarding child nutrition
and healthcare have also resulted in an increase in the demand for higher quality or premium
baby food. The demand for baby foods is further anticipated to see a rise in the coming years
owing to the growing popularity of organic food products. Moreover, the improvement in
standards of living in developing and underdeveloped economies also provides a potential
opportunity for the baby food market to grow.
Key Questions Answered By The Report
What will be Global Baby Food Market from 2019 to 2024?
How are the major drivers and restraints affecting the Global Baby
Food Market?
growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and
why?
A comprehensive analysis of competitive landscape and key market
participant’s behavior
Key strategies being adopted by vendors, with in-depth analysis
along with their impact on competition and market growth
Segments Covered Under Global Baby Food Market are :
By Product Type
•Dried Baby Food
•Milk Formula
•Prepared Baby Food
•Others
By Type
•Organic
•Non-Organic
By Distribution Channel
•Online
•Offline
Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Geography
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Geography
Asia PacificChina
Japan
South Korea
India
Others
COMPANY PROFILES
Nestlé
Danone
HiPP
Reckitt Benckiser Group
Abbott
LOTTE FOODS., LTD.
Hero Group
Bellamy's Organic
Hain Celestial
Plum, PBC (A subsidiary under Campbell
Soup Co.)
FrieslandCampina
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Global Baby Food Market – Forecasts from 2019 to 2024
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