Baby Food Market Hits USD 69.76 Billion in 2022, Charts Course for 1.2% CAGR Soar Until 2030

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Baby Food Market Hits USD 69.76 Billion in 2022, Charts Course for 1.2% CAGR Soar Until 2030

How big is the Global Baby Food market?

According to MarkNtel Advisors study, The Global Baby Food Market size was valued at around USD 69.76 Billion in 2022 and is estimated to grow at a CAGR of about 1.2% during the forecast period, i.e., 2023-30.

Get Your Hands On to the Free Sample Report (2024-30) – https://www.marknteladvisors.com/query/request-sample/global-baby-food-market.html

Global Baby Food Market Trend:

Growing Inclination toward Plant-Based & Clean-Label Foods - The market for baby food has witnessed rapid innovation that includes ingredients such as probiotics and human milk oligosaccharides found in baby food items. The need for clean-labeled, plant-based, and organic food is rising rapidly across different regions. This trend of shifting from chemical components to plant-based food is predicted to accelerate over the next several years, prompting the market players to launch babies' such food, in turn, leading to increased market size.

  • In April 2022, Nestlé-owned Gerber unveiled its inaugural plant-based baby food line known as "Plant-tactic." This exciting product line encompasses a comprehensive selection of organic plant-based toddler foods, from convenient pouches and delectable snacks to wholesome bowls. With this launch, Gerber aims to cater to the growing demand for plant-based options among health-conscious parents, offering nutritious and flavorful choices for their little ones.

Leading Companies in the Global Baby Food market:

  • Nestle SA
  • Danone Groupe
  • Feihe International Inc
  • Reckitt Benckiser Group Plc (RB)
  • Abbott Laboratories Inc
  • Royal Fri e s l a ndCa mpi na NV
  • Shijiazhuang Junlebao Milk Co Ltd
  • Australia Ausnutria Dairy Pty Ltd
  • Inner Mongolia Yili Industria l Group Co Ltd
  • Hipp GmbH
  • Kraft Heinz Co
  • Health & Happiness (H&H) International Holdings Ltd
  • Progress OAO
  • Vietnam Dairy Products JSC
  • Hero Group GmbH
  • Morinaga Milk Industry Co Ltd
  • a2 Milk Co Ltd
  • Hain Celestial Group Inc
  • Others

Explore Full Market Research Report – https://www.marknteladvisors.com/research-library/global-baby-food-market.html

Global Baby Food Market Segmentation:

By Type of Food

  • Dried Baby Food
  • Prepared Baby Food
  • Milk Formula
  • Standard Milk Formula
  • Liquid Standard Milk Formula
  • Powder Standard Milk Formula
  • Follow-on Milk Formula
  • Liquid Follow-on Milk Formula
  • Powder Follow-on Milk Formula
  • Growing-Up Milk Formula
  • Liquid Growing-Up Milk Formula
  • Powder Growing-Up Milk Formula
  • Other Milk Formula
  • Other Baby Food

By Origin

  • Organic
  • In Organic

By Sales Channel

  • Store Based
  • Grocery Stores
  • Pharmacies
  • Others (Health & Supplement Stores, etc.)
  • Online

Of them all, store-based sales are anticipated to dominate the Global Baby Food Market with the largest share during 2023-30.

Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Of all regions globally, Asia-Pacific, with around 56.34% market share, is both the largest & fastest growing Baby Food industries, mainly due to the swiftly rising population, increasing consumer expenditure on such products, and busy lifestyle of the people.

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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