Baby Food Market Size, Share, Regional Analysis and Forecast to 2032

Yorumlar · 142 Görüntüler

The baby food market size reached USD 109.02 billion in 2024. It is expected to rise from USD 115.76 billion in 2025 to USD 185.47 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.97% during the forecast period from 2025 to 2032.

The baby food market size reached USD 109.02 billion in 2024. It is expected to rise from USD 115.76 billion in 2025 to USD 185.47 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.97% during the forecast period from 2025 to 2032. Asia Pacific led the global baby food market with a 64.16% share in 2024. Additionally, the U.S. baby food market is projected to see substantial expansion, with its valuation anticipated to hit USD 16.72 billion by 2032. This growth is largely fueled by heightened awareness regarding the benefits of premium baby nutrition products among consumers in the region.

Baby food includes any soft, easily digestible food other than breast milk, designed specifically to provide infants with the essential nutrients and energy they need for healthy development. The increasing demand for such products is largely attributed to a growing number of working mothers, greater parental focus on infant nutrition, and global time constraints. In addition, the high vulnerability of infants to foodborne diseases continues to raise concerns among parents about food safety, further boosting the demand for complementary baby food products worldwide.

Information Source: https://www.fortunebusinessinsights.com/baby-food-market-103849 

Segments:

Infant Formula Leads the Market Due to Convenience as a Breastfeeding Substitute

By product type, the market is segmented into infant formula, snacks, purees, cereals, juice & smoothies, and others. Infant formula remains the leading segment due to its widespread application, offering an accessible feeding option when breastfeeding is not possible.

Increased Weaning Food Consumption Propels Growth in the Toddler Segment

By demography, the market is categorized into infant, toddler, and preschooler. The toddler segment holds a notable share, driven by the growing intake of weaning products such as cereals, juices, and purees. Children aged 2–3 need additional nutrition and energy not adequately provided through breastfeeding alone.

Inorganic Segment Leads Due to Widespread Usage and Cost Effectiveness

Based on nature, the market is divided into organic and inorganic. The inorganic segment dominates due to its greater availability and lower cost, making it more accessible to a broader consumer base. Furthermore, its lower production expenses compared to organic baby food support increased manufacturing capacity.

Supermarkets/Hypermarkets Dominate Thanks to Accessibility and Bulk Discount Offers

By distribution channel, the market includes supermarkets/hypermarkets, grocery stores & pharmacy stores, online stores, and others. Supermarkets and hypermarkets dominate this space, offering convenience, product variety, and attractive discounts from retailers like DMart and Walmart that appeal to value-conscious shoppers.

Geographically, the market is assessed across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report provides:

  • Key growth drivers, restraints, opportunities, and market challenges
  • In-depth insights into regional performance
  • Profiles of major players in the industry
  • Strategic initiatives by key players
  • Recent developments such as product launches, mergers, partnerships, and acquisitions

Drivers & Restraints:

Rising Infant Population Boosts Demand for Baby Food Products

The market's growth is primarily fueled by an increase in the infant population. For instance, according to the 2021 report by the National Center for Health Statistics, the U.S. birth rate rose by 1%, totaling 3,659,289 births. This upward trend is prompting manufacturers to expand their baby food offerings to meet the increasing demand.

However, the increasing preference among parents for preparing homemade baby food may act as a limiting factor for market expansion.

Regional Insights

Asia Pacific Leads the Market with Increased Workforce Participation and Higher Disposable Income

Asia Pacific holds the largest share of the global baby food market, primarily due to the growing participation of women in the workforce and faster lifestyle changes. Nations such as China and India are also key contributors, with rising birth rates and higher disposable income boosting the demand for infant products.

North America ranks second in market share, with parents placing strong emphasis on health and nutrition for their children, often regardless of the associated costs.

Competitive Landscape

Strategic Collaborations and Product Innovation Drive Market Advancement

Key companies in the baby food industry are expanding their customer reach through strategic alliances, partnerships, and joint ventures, enhancing profitability. Simultaneously, the launch of new, sustainable, and nutrient-rich products continues to propel market growth.

List of Key Players Profiled in the Report:

  • Nestlé S.A. (Switzerland)
  • Hero Group (Switzerland)
  • Danone S.A. (France)
  • Abbott (U.S.)
  • ASAHI GROUP HOLDINGS, LTD. (Japan)
  • PZ Cussons (U.K.)
  • The Kraft Heinz Company (U.S.)
  • Kewpie Corporation (Japan)
  • HiPP GmbH & Co. Vertrieb KG (Germany)
  • Alter S.L. (Italy)

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/baby-food-market-103849 

Key Industry Development:

September 2022 – Nestlé India expanded its “Ceregrow” brand by launching the “Ceregrow Grain Selection” range in retail and online outlets across India. This new cereal variant is enriched with ragi, mixed fruits, and ghee, offering added nutritional value for toddlers.

disclaimer
Yorumlar