Global Baby Food Marketplace Reviewed in In-demand Allied Market Research Report Available at MarketPublishers.com
17 Nov 2015 • by Natalie Aster
LONDON – To date, growing urbanisation and changing lifestyles have boosted the demand for packaged baby foods in different countries. Rising nutrition awareness, upsurge in organised retail marketing, urbanisation in tandem with a huge increase in the number of employed women are amid the major factors boosting the market growth. Factors such as food safety concerns, decreasing birth rates, and the practice of giving home cooked food to babies are restraining the growth of the market.
To date, the product segment of milk formula accounts for the dominant market share, followed by prepared baby food. However, in the upcoming years, prepared baby food is set to gain increased adoption in the worldwide market. Supermarkets are the major preferred distribution channel amongst consumers, with health and beauty retailers following after. Nevertheless, considering the scenario in some Asian developing nations such as India, small grocery retailers and health & beauty retailers capture considerable share taking into account sales across the region.
The APAC region occupies the lion’s share in the world’s baby food market, with Europe, North America and following in. APAC is the dominant market for milk formula, occupying over half of the total global market share. Larger demand is forecast to be witnessed in the LAMEA region in the foreseeable future.
Danone, Nestle, Mead Johnson, Hero-Group, Perrigo Company, Friesland Campina, Bellamy Organics, Hain Celestial Group, Campbell Soup Company and Abbott Laboratories are the leaders in the market.
In-demand study “Baby Food Market - Opportunities and Forecasts, 2014 -2020” developed by Allied Market Research draws up a detailed picture of the world baby food market.
The report presents revenue estimates and forecasts for the global baby food market through during 2014-2020. It offers an all-encompassing market segmentation and evaluation by the type of product, distribution channel and geography. The research publication presents an outline of the current and future trends; canvasses key market drivers & hindrances, opportunities and challenges; offers Porter’s five forces analysis and a SWOT analysis, and also a value chain assessment. The research study details the competitive scenario and profiles the top market players, covering their business performance, key strategies, developments, a SWOT analysis, etc.
Baby Food Market - Opportunities and Forecasts, 2014 -2020
Published: October, 2015
Price: US$ 4,515.00
More reports by the publisher can be found at Allied Market Research page.