Product Code: A00030
According to a new report published by Allied Market Research, titled, "Baby Food Market," The baby food market was valued at $67.8 billion in 2021, and is estimated to reach $116.5 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
In addition, rise in awareness for increased nutritional need of babies, organized retail marketing channels, and surge in female workforce boost the market for baby food. However, food safety concerns, decline in birth rates, and practice of feeding home-cooked baby food act as the key restraining factors of the global market.
The global baby food market is segmented into product type, distribution channel, category, and region. Depending on product type, the market is segregated into dried baby food, milk formula, prepared baby food, and others. Presently, the milk formula segment leads the market with maximum share in terms of revenue. However, the prepared baby food segment is expected to register significant growth during the forecast period, owing to increase in working population and time constraints for food preparation. Moreover, the sale of milk formulation is restricted in some of the countries in Asia-Pacific, whereas the sale of prepared baby food is majorly confined to the developed countries. Furthermore, the prepared baby food segment is anticipated to gain high traction during the forecast period, owing to the growing population in Asia-Pacific.
Supermarkets, hypermarkets, small grocery retailers, and health & beauty retailers are some of the key distribution channels operating in the baby food industry. Supermarket is the most preferred distribution channel among consumers, followed by health & beauty retailer. Small grocery and health and beauty retailers hold major share in the Asian market. Small grocery retailers segment accounts for comparatively low market share in the global baby food market, but it is forecast to witness rapid growth during the forecast period. The other distribution channels include discounters, non-grocery retailers, and non-store retailers.
By category, organic and conventional are the segment considered in the baby food market. The organic segment is anticipated to witness significant growth rate during the forecast period.
- Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific occupies the largest market share in the global baby food market, followed by Europe, North America, and LAMEA. Asia-Pacific is the largest market for milk formula holding approximately more than half of the overall market share. However, LAMEA is expected to witness significant rise in the demand for baby food, owing to the improvement in socio-demographic factors and increase in birthrate.
- The key players profiled in this report include: Nestle, Danone, Mead Johnson, Abbott Laboratories, Hero-Group, Perrigo Company, Bellamy Organics, Hain Celestial Group, Campbell Soups, and Friesland Campina.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baby food market analysis from 2021 to 2031 to identify the prevailing baby food market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the baby food market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global baby food market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Milk formula
- Prepared baby food
- Other baby food
- Dried baby food
By Distribution Channel
- Supermarkets
- Hypermarkets
- Small grocery retailers
- Health and beauty retailers
- Others
By Category
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players:
- Hero AG
- Danone S.A.
- Mead Johnson & Company, LLC.
- Bellamys Organic Pty Ltd
- The Hain Celestial Group, Inc.
- Abbott Laboratories
- Nestle S.A.
- Royal FrieslandCampina N.V.
- Sun-Maid Growers of California
- Perrigo Company plc
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in the population of women professionals
- 3.4.1.2. Increase in awareness about adequate nutritional requirements of babies
- 3.4.1.3. Increase in organized retailing
- 3.4.2. Restraints
- 3.4.2.1. Increase in breastfeeding due to government initiatives
- 3.4.2.2. Falling birth rates
- 3.4.2.3. Safety of food
- 3.4.3. Opportunities
- 3.4.3.1. Lifestyle change and increase in birth rate
- 3.4.3.2. Product innovations coupled with innovative packaging strategies
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Pricing Analysis
- 3.7. Value Chain Analysis
CHAPTER 4: BABY FOOD MARKET, BY PRODUCT TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Dried baby food
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Milk formula
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Prepared baby food
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Other baby food
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: BABY FOOD MARKET, BY DISTRIBUTION CHANNEL
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Supermarkets
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Hypermarkets
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Small grocery retailers
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Health and beauty retailers
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: BABY FOOD MARKET, BY CATEGORY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Organic
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Conventional
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: BABY FOOD MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Product Type
- 7.2.3. Market size and forecast, by Distribution Channel
- 7.2.4. Market size and forecast, by Category
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Product Type
- 7.2.5.1.3. Market size and forecast, by Distribution Channel
- 7.2.5.1.4. Market size and forecast, by Category
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Product Type
- 7.2.5.2.3. Market size and forecast, by Distribution Channel
- 7.2.5.2.4. Market size and forecast, by Category
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Product Type
- 7.2.5.3.3. Market size and forecast, by Distribution Channel
- 7.2.5.3.4. Market size and forecast, by Category
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Product Type
- 7.3.3. Market size and forecast, by Distribution Channel
- 7.3.4. Market size and forecast, by Category
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Product Type
- 7.3.5.1.3. Market size and forecast, by Distribution Channel
- 7.3.5.1.4. Market size and forecast, by Category
- 7.3.5.2. France
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Product Type
- 7.3.5.2.3. Market size and forecast, by Distribution Channel
- 7.3.5.2.4. Market size and forecast, by Category
- 7.3.5.3. UK
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Product Type
- 7.3.5.3.3. Market size and forecast, by Distribution Channel
- 7.3.5.3.4. Market size and forecast, by Category
- 7.3.5.4. Italy
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Product Type
- 7.3.5.4.3. Market size and forecast, by Distribution Channel
- 7.3.5.4.4. Market size and forecast, by Category
- 7.3.5.5. Spain
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Product Type
- 7.3.5.5.3. Market size and forecast, by Distribution Channel
- 7.3.5.5.4. Market size and forecast, by Category
- 7.3.5.6. Russia
- 7.3.5.6.1. Key market trends, growth factors and opportunities
- 7.3.5.6.2. Market size and forecast, by Product Type
- 7.3.5.6.3. Market size and forecast, by Distribution Channel
- 7.3.5.6.4. Market size and forecast, by Category
- 7.3.5.7. Rest of Europe
- 7.3.5.7.1. Key market trends, growth factors and opportunities
- 7.3.5.7.2. Market size and forecast, by Product Type
- 7.3.5.7.3. Market size and forecast, by Distribution Channel
- 7.3.5.7.4. Market size and forecast, by Category
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Product Type
- 7.4.3. Market size and forecast, by Distribution Channel
- 7.4.4. Market size and forecast, by Category
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Product Type
- 7.4.5.1.3. Market size and forecast, by Distribution Channel
- 7.4.5.1.4. Market size and forecast, by Category
- 7.4.5.2. Japan
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Product Type
- 7.4.5.2.3. Market size and forecast, by Distribution Channel
- 7.4.5.2.4. Market size and forecast, by Category
- 7.4.5.3. India
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Product Type
- 7.4.5.3.3. Market size and forecast, by Distribution Channel
- 7.4.5.3.4. Market size and forecast, by Category
- 7.4.5.4. Australia
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Product Type
- 7.4.5.4.3. Market size and forecast, by Distribution Channel
- 7.4.5.4.4. Market size and forecast, by Category
- 7.4.5.5. South Korea
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Product Type
- 7.4.5.5.3. Market size and forecast, by Distribution Channel
- 7.4.5.5.4. Market size and forecast, by Category
- 7.4.5.6. Indonesia
- 7.4.5.6.1. Key market trends, growth factors and opportunities
- 7.4.5.6.2. Market size and forecast, by Product Type
- 7.4.5.6.3. Market size and forecast, by Distribution Channel
- 7.4.5.6.4. Market size and forecast, by Category
- 7.4.5.7. Rest of Asia-Pacific
- 7.4.5.7.1. Key market trends, growth factors and opportunities
- 7.4.5.7.2. Market size and forecast, by Product Type
- 7.4.5.7.3. Market size and forecast, by Distribution Channel
- 7.4.5.7.4. Market size and forecast, by Category
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Product Type
- 7.5.3. Market size and forecast, by Distribution Channel
- 7.5.4. Market size and forecast, by Category
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Product Type
- 7.5.5.1.3. Market size and forecast, by Distribution Channel
- 7.5.5.1.4. Market size and forecast, by Category
- 7.5.5.2. Argentina
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Product Type
- 7.5.5.2.3. Market size and forecast, by Distribution Channel
- 7.5.5.2.4. Market size and forecast, by Category
- 7.5.5.3. UAE
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Product Type
- 7.5.5.3.3. Market size and forecast, by Distribution Channel
- 7.5.5.3.4. Market size and forecast, by Category
- 7.5.5.4. South Africa
- 7.5.5.4.1. Key market trends, growth factors and opportunities
- 7.5.5.4.2. Market size and forecast, by Product Type
- 7.5.5.4.3. Market size and forecast, by Distribution Channel
- 7.5.5.4.4. Market size and forecast, by Category
- 7.5.5.5. Saudi Arabia
- 7.5.5.5.1. Key market trends, growth factors and opportunities
- 7.5.5.5.2. Market size and forecast, by Product Type
- 7.5.5.5.3. Market size and forecast, by Distribution Channel
- 7.5.5.5.4. Market size and forecast, by Category
- 7.5.5.6. Rest of LAMEA
- 7.5.5.6.1. Key market trends, growth factors and opportunities
- 7.5.5.6.2. Market size and forecast, by Product Type
- 7.5.5.6.3. Market size and forecast, by Distribution Channel
- 7.5.5.6.4. Market size and forecast, by Category
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. Abbott Laboratories
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Bellamys Organic Pty Ltd
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Key strategic moves and developments
- 9.3. Hero AG
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Mead Johnson & Company, LLC.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. Perrigo Company plc
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Nestle S.A.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. Danone S.A.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. The Hain Celestial Group, Inc.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.9. Royal FrieslandCampina N.V.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Sun-Maid Growers of California
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Key strategic moves and developments