Milks Sector Dominates Indian Baby Food Market, Says Canadean in Its Report Available at MarketPublishers.com
28 Jun 2016 • by Natalie Aster
LONDON – After sustained gradual growth, the number of births in India began to fall slightly in 2013. The major part of industrially produced baby foods are sold in urban areas given significantly higher living standards there. However, to attract new consumers and widen the consumer base, manufacturers are currently targeting rising middle-class population in rural areas and small towns.
As of 2015, the per capita consumption of baby food in India increased by 13%. In the same year, the milks sector dominated the country’s market, outperforming the cereals sector in volume terms.
During 2009-2015, the total value of baby milk sales in the country demonstrated a significant uptake by almost 94%. The baby cereals sector experienced even more remarkable growth of 108%. A mammoth share of total sales volume (72%) belonged to the baby milks sector, while the remaining share was held by the baby cereals sector.
GCMMF and Nestlé India are the dominant companies in the Indian baby food market.
In-depth comprehensive research report “Baby Food in India” prepared by Canadean offers a reader an extensive overview of the Indian baby food market performance. It describes the current situation in the Indian baby food marketplace and looks at the possible future development trends. Details on baby food consumption, production and sales in India are available in the report along with data on India’s baby food market volume, value, size and segmentation. Moreover, the report casts light on important changes in consumer behavior and identifies profitable sectors and emerging business opportunities.
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