Global Baby Food Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Baby Food Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Category (Organic, and Conventional), Type (Milk Formula, Dried Baby Food, Ready to Feed Baby Food, and Other Types), Distribution Channel (Drugstores/ Pharmacies, Supermarkets/ Hypermarkets, Convenience Stores, Online Channels, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Baby Food Market was valued at USD 75,700.6 million in 2023 and is expected to reach USD 117,950.4 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global baby food market growth. Baby food is a specially formulated product designed for infants and toddlers to meet their nutritional needs. It is introduced as a complement or gradual replacement for breast milk or formula feeding, supporting healthy growth and development by providing essential nutrients.
Increasing global birth rates and growing awareness of infant nutrition propel the growth of the baby food market. However, obstacles like stringent regulations, quality standards, negative public perception, and health concerns may impede market expansion.
Furthermore, the global baby food industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Category Analysis
The Global Baby Food Market is segmented among Organic, and Conventional, based on Category. In 2023, Conventional accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Baby Food Market is segmented among Milk Formula, Dried Baby Food, Ready to Feed Baby Food, and Other Types, based on Type. In 2023, Milk Formula accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Baby Food Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Nestle SA, Danone SA, Reckitt Benckiser Group PLC, Abbott Laboratories, Feihe International Inc., Royal FrieslandCampina NV, Shijiazhuang Junlebao Dairy Co. Ltd, Ausnutria Dairy Corporation Ltd, Yili Group, and The Kraft Heinz Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Baby Food Market Dynamics
Drivers
Restraints
Opportunity
4. Global Baby Food Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Baby Food Market Segmentation, By Category
Global Baby Food Market Share Analysis, By Category
Global Baby Food Market Growth Analysis, By Category
Global Baby Food Market Trends, By Category
o Organic
o Conventional
6. Global Baby Food Market Segmentation, By Type
Global Baby Food Market Share Analysis, By Type
Global Baby Food Market Growth Analysis, By Type
Global Baby Food Market Trends, By Type
o Milk Formula
o Dried Baby Food
o Ready to Feed Baby Food
o Other Types
7. Global Baby Food Market Segmentation, By Distribution Channel
Global Baby Food Market Share Analysis, By Distribution Channel
Global Baby Food Market Growth Analysis, By Distribution Channel
Global Baby Food Market Trends, By Distribution Channel
o Drugstores/ Pharmacies
o Supermarkets/ Hypermarkets
o Convenience Stores
o Online Channels
o Other Distribution Channels
8. Global Baby Food Market Segmentation, By Region
Global Baby Food Market Share Analysis, By Region
Global Baby Food Market Growth Analysis, By Region
Global Baby Food Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Nestle SA*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Danone SA
Reckitt Benckiser Group PLC
Abbott Laboratories
Feihe International Inc.
Royal FrieslandCampina NV
Shijiazhuang Junlebao Dairy Co. Ltd
Ausnutria Dairy Corporation Ltd
Yili Group
The Kraft Heinz Company
*Similar analysis will be provided for each company listed above.