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Baby Food and Infant Formula Market Size, Share, Emerging-Technologies, Trends, 2019 Projections, Analysis, Segmentation, Applications, Business-Opportunity, Advancements & Forecast-2024

Jul 3, 2019 8:09 PM ET

Baby food and infant formula has various types, including infant formula, baby snacks, baby cereals, bottled and canned baby food and so on. Among the product family, infant formula accounts for the largest market share, which held about 71.04% market share in 2015.

As for the consumption region, Asia-Pacifc is the largest consumer, whose consumption was 2150 K MT in 2015, accounting for 41.23% share globally. The followers are Europe and USA, holding about 22.69% and 17.36% share respectively.

Baby food is any soft, easily consumed food, other than breastmilk or infant formula, which is made specifically for babies. The food comes in multiple varieties and tastes.

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According to this study, over the next five years the Baby Food and Infant Formula market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 78300 million by 2024, from US$ 63000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Baby Food and Infant Formula business, shared in Chapter 3.

Over 80% of the world’s population lives in the developing world, and while global birthrates have steadily decreased across all regions and economic levels over the past 55 years, they remain highest in developing countries, according to the World Bank. In addition, rapid urbanization, the growth of the middle class and rising rates of female participation in the labor force in many developing markets has encouraged the adoption of convenience-oriented lifestyles, making baby food and infant formula more desirable.

Marketing channels of baby food and infant formula is also various. Hypermarket, supermarket, drug stores, specialty stores, online sales are the major marketing channels of baby food and infant formula. In the recent few years, with the rapid development of internet, online shopping platform becomes popular. More and more moms prefer to buy baby food and infant formula through the platform, which impacts the traditional marketing channels largely.

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Since baby is a special group, the quality of baby food and infant formula is under restrict regulations. Once some brand of baby food and infant formula has been exposed of quality issues, it will receive a deadly sales impact. Therefore, sometimes the baby food and infant formula manufacturers’ business will vary largely.

With the changing life style and more attention on babies, the baby food and infant formula market is estimated to continue to expand. And Asia-Pacific regions will continue to be the largest contributor to the industry.

This study considers the Baby Food and Infant Formula value and volume generated from the sales of the following segments:

Segmentation by product Type:Standard cow’s milk-based formulasSoy-based formulasHypoallergenic formulasLactose-free formulas:

Segmentation by Application: 0-6 Months6-12 Months>12 Months

This report also splits the market by region:Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, and GCC Countries.

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The key manufacturers covered in this report: Breakdown data in in Chapter 3.Mead JohnsonNestleDanoneAbbottFrieslandCampinaHeinzBellamyTopferHiPPPerrigoArlaHolleFonterraWestland DairyPinnacleMeijiYiliBiostimeYashiliFeiheBrightdairyBeingmateWondersonSynutraWissunHain CelestialPlum OrganicsDGCAusnutria Dairy Corporation (Hyproca)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectivesTo study and analyze the global Baby Food and Infant Formula consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Baby Food and Infant Formula market by identifying its various subsegments.Focuses on the key global Baby Food and Infant Formula manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Baby Food and Infant Formula with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Baby Food and Infant Formula submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.

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Selective Part of Tables of Content:Chapter One: Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered

Chapter Two: Executive Summary2.1 World Market Overview2.1.1 Global Baby Food and Infant Formula Consumption 2014-20242.1.2 Baby Food and Infant Formula Consumption CAGR by Region2.2 Baby Food and Infant Formula Segment by Type2.3 Baby Food and Infant Formula Consumption by Type2.4 Baby Food and Infant Formula Segment by Application2.5 Baby Food and Infant Formula Consumption by Application2.5.1 Global Baby Food and Infant Formula Consumption Market Share by Application (2014-2019)2.5.2 Global Baby Food and Infant Formula Value and Market Share by Application (2014-2019)2.5.3 Global Baby Food and Infant Formula Sale Price by Application (2014-2019)

Chapter Three: Global Baby Food and Infant Formula by Players3.1 Global Baby Food and Infant Formula Sales Market Share by Players3.1.1 Global Baby Food and Infant Formula Sales by Players (2017-2019)3.1.2 Global Baby Food and Infant Formula Sales Market Share by Players (2017-2019)3.2 Global Baby Food and Infant Formula Revenue Market Share by Players3.2.1 Global Baby Food and Infant Formula Revenue by Players (2017-2019)3.2.2 Global Baby Food and Infant Formula Revenue Market Share by Players (2017-2019)3.3 Global Baby Food and Infant Formula Sale Price by Players3.4 Global Baby Food and Infant Formula Manufacturing Base Distribution, Sales Area, Product Types by Players3.4.1 Global Baby Food and Infant Formula Manufacturing Base Distribution and Sales Area by Players3.4.2 Players Baby Food and Infant Formula Products Offered3.5 Market Concentration Rate Analysis3.5.1 Competition Landscape Analysis3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)3.6 New Products and Potential Entrants3.7 Mergers and Acquisitions, Expansion

Chapter Four: Baby Food and Infant Formula by Regions

Chapter Five: Americas

Chapter Six: APAC

Chapter Seven: Europe

Chapter Eight: Middle East and Africa

Chapter Nine: Market Drivers, Challenges and Trends

Chapter Ten: Marketing, Distributors and Customer10.1 Sales Channel10.1.1 Direct Channels10.1.2 Indirect Channels10.2 Baby Food and Infant Formula Distributors10.3 Baby Food and Infant Formula Customer

Chapter Eleven: Global Baby Food and Infant Formula Market Forecast

Chapter Twelve: Key Players Analysis

Chapter Thirteen: Research Findings and Conclusion

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