South America Baby Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

South America Baby Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

South America market is expected to register a CAGR of 5.53% during the forecast period.

Key Highlights

• South America is the most promising market for baby food and infant formula. Brazil, Mexico, Argentina, Chile, and Venezuela are the major countries, which contribute substantially to this market’s growth.
• A majority of the South American rural children population are affected by the malnutrition. Therefore, the baby food companies in South America are concentrating on introducing new products, which keeps in-check the nutritional content intake by children.

Key Market TrendsIncreasing Demand for Organic Baby Food

Since the population is continuously rising in South America, the consumers in these regions are ready to spend extra money on infant food products, so that they can provide their children with quality and nutritious food from the initial stages. With the increasing disposable income, consumers are not hesitant to go for the organic baby food and considers it an important product for their children healthcare, even if they’re highly priced. Trusted brands selling the baby foods in South America provide an assurance of quality to consumers with active market campaigns and promotions. Due to numerous food safety incidents in recent years, particularly in South America, consumers in this region are valuing safety, food preparation methods and ingredients added to it. Therefore, the majority of the consumers are choosing natural products baby food over others.

Demand for Complete Nutrition Foods has Gone Up

The population in South America has increased in the last few years, which resulted in robust growth of the overall South America baby food market. Moreover, growing awareness about the advantages of baby food and greater disposable income have added to the growth of this market. Growth in South America baby food is also driven by an upsurge in the increasing number of working women population has increased the baby food market growth.

Competitive Landscape

Some of the leading manufacturers and suppliers of the baby food in the South America are : Nestle S.A., Abbott, Cargill, Ausnutria, Diana Group, Sancor, and Baby Faves Organics, and among others. These companies are focusing on expansion of baby food product lines, due to the demand for baby in South America.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Arla Foods
Dairy Farmers of America
FrieslandCampina
Glanbia, PLC
Lactalis
HATSUN Agro Products
Murray Goulburn Co
operative
Nestle SA

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