Baby Food Market, By Product Type, By Source Type, By Form, By Distribution Channel, By Geography

Description

Global baby food market is estimated to be valued at USD 80.20 Bn in 2024 and is expected to reach USD 119.15 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 80.20 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.80%	2030/2031 Value Projection:	US$ 119.15 Bn

Baby Food Market Share (%), By Region, 2024

Global baby food market has been witnessing significant growth over the past few years. As the busy lifestyle leaves new parents with little time for home cooking, the demand for ready-to-eat baby food products is growing steadily. Rising awareness about the importance of nutrition in baby's development coupled with the changing perception of mothers to introduce complementary foods early boosts the sales of commercial baby food. Growing working women population worldwide necessitates convenient baby feeding options, thereby, driving the market growth. With urbanization and evolving consumer preferences, major players are introducing novel product varieties tailored to local tastes, which is expanding the global baby food industry.

Market Dynamics:

The key factors driving the global baby food market growth include rising women workforce, increasing disposable incomes, growing middle-class population, and shifting trends towards nuclear families in developing nations. However, stringent regulations on food safety and quality standards along with the perception of homemade baby food being healthier than packaged products are restricting the market growth. On the positive side, the continuous introduction of organic, non-GMO, and allergen-free products presents significant opportunities in the near future. Major players are investing heavily in R&D to offer customized products made from locally sourced ingredients, which provides a huge untapped potential, especially in Asia Pacific and Middle Eastern countries.

Key Features of the Study:

This report provides in-depth analysis of the global baby food market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global baby food market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Nestle S.A., Groupe Danone, Abbott Laboratories, Hain Celestial Group, Kraft Heinz Company, Bristol-Myers Squibb, Hero Group, Morinaga Milk Industry Co. Ltd., Cargill Inc., Estrellas Life Sciences, DANA Dairy, AGRANA, Saipro Biotech Private Limited, NUTRIMED, Hero Group, Danone S.A., Asahi Group Holdings, Ltd., HiPP GmbH & Co., Vertrieb KG., and Satwik Food.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global baby food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global baby food market.

Detailed Segmentation-

Product Type:
- Dried Baby Food
- Infant Milk Formula
- Ready-to-Eat Baby Food
- Infant Cereals
- Others
Source Type:
- Organic Baby Food
- Inorganic Baby Food
Form:
- Liquid
- Solid
- Powder
Distribution Channel:
- Hypermarkets/ Supermarkets
- Drug Stores
- Online Channel
- Specialty Stores
- Others
Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Nestle S.A.
- Groupe Danone
- Abbott Laboratories
- Hain Celestial Group
- Kraft Heinz Company
- Bristol-Myers Squibb
- Hero Group
- Morinaga Milk Industry Co. Ltd.
- Cargill Inc.
- Estrellas Life Sciences
- DANA Dairy
- AGRANA
- Saipro Biotech Private Limited
- NUTRIMED
- Hero Group
- Danone S.A.
- Asahi Group Holdings, Ltd.
- HiPP GmbH & Co.
- Vertrieb KG.
- Satwik Food

Product Code: CMI1043

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Source Type
- Market Snippet, By Form
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Baby Food Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Baby Food Market - COVID-19
Impact Analysis

5. Global Baby Food Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2019 - 2031
- Segment Trends
Dried Baby Food
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Infant Milk Formula
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Ready-to-Eat Baby Food
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Infant Cereals
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)

6. Global Baby Food Market, By Source Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2019 - 2031
- Segment Trends
Organic Baby Food
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Inorganic Baby Food
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)

7. Global Baby Food Market, By Form, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2019 - 2031
- Segment Trends
Liquid
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Solid
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Powder
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)

8. Global Baby Food Market, By Distribution Channel, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, 2019 - 2031
- Segment Trends
Hypermarkets/ Supermarkets
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Drugstores
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Online Channel
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Specialty Stores
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2019 - 2031, (USD Bn)

9. Global Baby Food Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, For Regions, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2019 - 2031
U.S.
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Source Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (USD Bn)
Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Source Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (USD Bn)
Europe
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2019 - 2031
U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Source Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (USD Bn)
Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Source Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (USD Bn)
Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Source Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (USD Bn)
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2019 - 2031
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2019 - 2031
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-O-Y Growth Analysis, By Country, 2019 - 2031
GCC Countries
Israel
Rest of Middle East & Africa

10. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Nestle S.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Groupe Danone
- Abbott Laboratories
- Hain Celestial Group
- Kraft Heinz Company
- Hero Group
- Morinaga Milk Industry Co. Ltd.
- Bristol-Myers Squibb
- Cargill Inc.
- Estrellas Life Sciences
- DANA Dairy
- AGRANA
- Saipro Biotech Private Limited
- NUTRIMED
- Hero Group
- Danone S.A.
- Asahi Group Holdings, Ltd.
- HiPP GmbH & Co.
- Vertrieb KG.
- Satwik Food

11. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

12. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on Global Baby Food Market" - Global forecast to 2031.