Baby Food Market Size, Share and Industry Analysis Report by Product (Prepared, Dried, Baby Formula), Distribution Channel (Hypermarket, Supermarket, Convenience Stores, Online), Age Group (Infant, Toddler, Pre-school) and Category (Organic, Inorganic), R

Baby Food Market Size, Share and Industry Analysis Report by Product (Prepared, Dried, Baby Formula), Distribution Channel (Hypermarket, Supermarket, Convenience Stores, Online), Age Group (Infant, Toddler, Pre-school) and Category (Organic, Inorganic), Regional Outlook, End-user Development Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030

The baby food market is expected to amass substantial gains by 2030 owing to increasing infant population. In addition, growing awareness pertaining to the benefits of organic products, coupled with rising consumer preference for pre-packed food, is also likely to accelerate market growth over the forecast period.

In the initial phase of the COVID-19 pandemic, the baby food industry witnessed a decline in demand caused by disruptions in the global supply chain due to strict lockdowns and labor shortages in manufacturing facilities. However, relaxations in lockdowns and mounting emphasis on healthy products have been favorable for the expansion of the baby food market.

Moreover, rigorous research and development activities related to food formulae have positively influenced the product landscape. For instance, in July 2022, a research study conducted by the Research Center for Eco-Environmental Sciences, Beijing, examined the effect of exposure to chlorinated paraffins on infant formula. The research findings indicated that goat and cow infant formula as well as baby food, when exposed to medium, short-, and long-chain chlorinated paraffins, posed no significant health concern for infants.

Furthermore, major industry players have been focusing on enhancing their product offerings and strategic alliances to strengthen their business presence, thereby fostering baby food market outlook. To cite an instance, in October 2021, DMK Group GmbH, a German dairy cooperative, announced its plans to restructure its operations in ice cream and baby foods as part of its Vision 2030 project announced back in 2019.

Similarly, in April 2022, Nestle’s baby food subsidiary Gerber introduced its first organic range of plant-protein foods for toddlers, dubbed Plant-tastic. The novel range has been created with plant-based & nutrient-rich ingredients and was certified carbon neutral by the Carbon Trust.

In another instance, in July 2022, Reckitt Benckiser, a consumer goods behemoth, provided the largest delivery of infant formula to the U.S. from its facilities in Singapore and Tuas. This initiative, funded by White House’s Operation Fly Formula initiative, was intended to be a key step toward ending the infant food shortage in the country.

The baby food market has been bifurcated in terms of category, distribution channel, age group, product, and region. Based on product, the industry has been divided into baby formula, dried, and prepared. The baby formula segment is slated to expand at a CAGR of approximately 6.0% over the review timeline.

With respect to distribution channel, the baby food industry has been categorized into online, supermarket, hypermarket, and convenience stores. The convenience stores segment accounted for around $25,321.1 million in revenue in 2021.

In the regional framework, the Latin America baby food market was valued at more than $4,943.4 million in 2021 and is anticipated to progress at a significant pace over the analysis timeframe.

Meanwhile, the Middle East & Africa baby food industry is poised to depict enormous growth at a rate of nearly 5.2% through the estimated time period.