North America Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The North America baby food and infant formula market size reached US$ 9.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

Baby food comprises of soft, pureed or easy to consume food variants including fruits, cereals, meats and vegetables. Infant formula refers to the processed food infused with distinct ingredients that serve as a replacement for breast milk. These edible products are consumed by babies of 0-2 years age as they lack a developed mastication system. The baby food and infant formula acts as the main source of minerals, calories and vitamins for the babies.

North America is amongst one of the biggest markets for baby food and infant formula products in the world. Increasing disposable incomes, new product innovations and high birth rate are some of the main drivers for baby food and infant formula market in the region. In addition to this, increasing working women population, easy availability and inability to breastfeed have also fueled the demand of baby food and infant formula products. Rising awareness towards the health benefits as well as expanding globalization will continue to boost the baby food and infant formula market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America baby food and infant formula market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on type and distribution channel.

Key Regions Analyzed

United States
Canada



Analysis for Each Country

Market by Type

Milk Formula
Dried Baby Food
Prepared Baby Food
Others



Market by Distribution Channel

Supermarkets and Hypermarkets
Pharmacies
Convenience Stores
Others



Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape

Competitive Structure
Key Player Profiles




IMARC Group’s latest report provides a deep insight into the North America baby food and infant formula market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America baby food and infant formula market in any manner.

Key Questions Answered in This Report:

How has the North America baby food and infant formula market performed so far and how will it perform in the coming years?
What are the key regions in the North America baby food and infant formula market?
What has been the impact of COVID-19 on the North America baby food and infant formula market?
What is the breakup of the North America baby food and infant formula market on the basis of type?
What is the breakup of the North America baby food and infant formula market on the basis of distribution channel?
What are the various stages in the value chain of the North America baby food and infant formula industry?
What are the key driving factors and challenges in the North America baby food and infant formula industry?
What is the structure of the North America baby food and infant formula industry and who are the key players?
What is the degree of competition in the North America baby food and infant formula industry?
What are the profit margins in the North America baby food and infant formula industry?