Global Baby Food Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Baby Food Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Baby food is any soft, easily consumed food other than breastmilk or infant formula that is made specifically for human babies between four to six months and three years old.

Market Overview:

The latest research study on the global Baby Food market finds that the global Baby Food market reached a value of USD 35530.82 million in 2022. It’s expected that the market will achieve USD 48534.62 million by 2028, exhibiting a CAGR of 5.34% during the forecast period.

Drivers

Considering that the positive effect of the second-child policy will be fully realised in 2017 and 2018 and then gradually wane, the demand for baby food excited by new births is estimated to grow at a decelerating rate during the forecast period. Dried, prepared and other baby food, nevertheless, will grow at much higher rates than milk formula, in terms of their small bases as niche product categories in Chinese baby food.
Rising incomes and the recently introduced temporary government programme 500+ enabled Poles to increasingly switch to prepared baby food products. The programme allocated all Polish families PLN500 for every child in the family after the first one (until they are 18-years-old), thus boosting their purchasing power.
In developed countries, they have good consumption habit and strong consumption power, more high quality product suppliers, high standards of food safety, which will prompt the development of Baby Food.

Region Overview:

From 2022-2027, China is estimated to witness robust growth prospects.

Company Overview:

Nestle is one of the major players operating in the Baby Food market, holding a share of 35.40% in 2018.

Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands.

Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.

Segmentation Overview:

Among different product types, Milk Formula segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the 0-6 Months segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Baby Food market covered in Chapter 3:

Baby Gourmet
Abbott Nutrition
Yili
Friso
Nestle
Biostime
Mead Johnson
Holle
Feihe
Heinz
Campbell Soup Company (Plum Organics)
Hero Group
Danone

In Chapter 4 and Chapter 14.2, on the basis of types, the Baby Food market from 2018 to 2029 is primarily split into:

Dried Baby Food
Milk Formula
Prepared Baby Food
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Baby Food market from 2018 to 2029 covers:
0-6 Months
6-12 Months
12-36 Months

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)