Global Baby Food and Infant Formula Market Analysis and Forecast 2023

05/lug/2018 07:19:19 Sandhya Nair Contatta l'autore

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Bharat Book Bureau Provides the Market Research Report on "Global Baby Food and Infant Market Formula by Manufacturers, Regions, Type and Application, Forecast to 2023" under  Food & Beverage  c ategory. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

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

 

Scope of the Report:

This report focuses on the Baby Food and Infant Formula in the global market , especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Over 80% of the world's population lives in the developing world, and the global birthrates have steadily decreased across regions and economies over the past 55 years, according to the World Bank. In addition, rapid urbanization, the growth of the 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.   

 

Request a free sample copy of  Baby Food and Infant Market Formula Report @

https://www.bharatbook.com/MarketReports/Sample/Reports/1145311

 

 

   
 

Baby food and infant formula has various types, including infant formula, baby snacks, baby cereals, bottled & 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 United States, holding about 22.69% and 17.36% share respectively.

 

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.

 

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.

 

The worldwide market for Baby Food and Infant Formula is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 78300 million US$ in 2023, from 63000 million US$ in 2017, according to a new GIR (Global Info Research) study.

 

Browse our full report with Table of Contents :

https://www.bharatbook.com/MarketReports/Global-Baby-Food-and-Infant-Formula-Market-by-Manufacturers-Regions-Type-and-Application-Forecast-to-2023/1145311

About Bharat Book Bureau:

Bharat Book Bureau is the leading market research provider for market research reports, company profiles, industry studies, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

 

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