Baby Food Market
The global Baby Food Market is expected to register a CAGR of 6.0% from 2021 to 2027. The significant surge is attributed to the rapidly accelerating urbanization, increasing awareness about nutrition, and the surge in women working population.
Request a FREE Sample Report of Baby Food Market
Baby Food Market Dynamics
Customarily, babies are fed with delicate home cooked food, a practice that is as yet popular in developing and underdeveloped nations. However, with the developing urbanization and changing lifestyles, the interest for packed baby foods in different societies has expanded. In addition to it, the Baby Food Market research report asserts that the improving economic condition has stimulated the disbursement on baby foods by parents. The surge in working women population with limited time to focus on the nutritional needs of their baby has propelled the market growth. Besides this, other forces, such as accelerating incidences of malnourishment and increasing agitation towards health will propel the global Baby Food Market growth.
In parallel, the intensified government initiatives to support breastfeeding activities guided by the benefits of breastfeeding in infants will propel the market growth. The increasing awareness towards health and nutrition and expansion in organized retail market have bolstered the baby food market size. Concerns related to food safety, adulterated baby foods, declining birth rates, and the practice of feeding home cooked food to babies are the major obstructions in the market.
Regional Drivers
Based on the regional analysis, the Asia-Pacific region is likely to seize the largest share in the overall market during the forecast period. The accelerating population and increasing disbursement by parents in this region has driven the baby food market share. Moreover, the growing perforation of retail and increasing consciousness about the products, conjectured with the improving purchasing power, are certain reasons responsible for the market growth. Developing countries, such as India, China, and Indonesia, are the key contributors to the market in Asia-Pacific region.
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com