Infant Food Market revenue worth USD 33000 million by 2025

Supermarkets segment of infant food market is projected to achieve 13%+ CAGR from 2019 to 2025 propelled by the exponentially growing retail business across the globe.

Selbyville, United States – May 9, 2019 /MarketersMedia/ —

Europe is one of the prominent regions in infant food market. It held 34% market share in 2018. Europe has presence of several baby food producing companies. Nestle, DMK GmbH, HiPP, Danone and Danalac are the major players functional in this regional market.

Asia Pacific is one promising region in terms of increasing consumption of infant food market volume. The region will be growing substantially during the forecast period. Growing infant population in India, Pakistan, Vietnam, Thailand, Indonesia will be augmenting product demand in the coming years. Moreover, governments in these nations are also improving their infant mortality rate, for which they have began running several schemes for baby nutrition.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3184

Prepared infant food accounted for the largest share in 2018, in terms of volume. The segment has high demand in European and North American countries. Prepared food gives the convenience to working mothers to take care of their baby’s nutrition well in time. However, prepared baby food has limited shelf time and demands immediate consumption, once opened the jar/pouch for feeding baby.

The global infant food market is expected to surpass USD 33000 million by 2025; according to a new research report by Global Market Insights, Inc. Increasing infant population and corresponding rising food demand will propel baby food market size growth during the forecast period. According to world Bank, birth rates have remained highest in developing nations. Rapid urbanization, growth of middle class and increasing rates of female participation in labor force in many developing markets has encouraged adoption of convenience-oriented lifestyles, making prepared baby foods more wanted.

The infant food market is highly regulated, right from ingredients to its packaging and labelling. As the industry is increasingly globalized, the need for guidance, monitoring and regulation is growing. There are standards and guidelines for canned food for babies, processed cereal-based foods for babies, hygiene practice for children and infant foods and complimentary foods for infants and children. The standards set by each country may differ for baby food, for example, it may differ on ingredients in infant nutrition such as carbohydrates, fats, minerals, vitamins, etc. percentage of pesticide residue in food, etc. Also, every product needs to be pathogen free.

The infant food market is highly competitive, and many major multi-national companies are functional in this business such as Nestle, Reckitt Benckiser, Abbott, Danone, HiPP and Asahi. Other important players include Kewpie Corporation, Hero Group, Bubs Australia, DMK GmbH and Hain Celestial. The entry barriers in this industry are moderately high as it is a capital-intensive market and needs a backbone of strong research & development department. Competition in this business is stiff and numerous brands and store branded products at various price points compete for consumer attention.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3184

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/baby-food-market

Source URL: https://marketersmedia.com/infant-food-market-revenue-worth-usd-33000-million-by-2025/510551

Source: MarketersMedia

Release ID: 510551