PUBLISHER: IMARC | PRODUCT CODE: 1609865
PUBLISHER: IMARC | PRODUCT CODE: 1609865
The Japan baby food and infant formula market size reached US$ 1.70 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.08 Billion by 2032, exhibiting a growth rate (CAGR) of 2.2% during 2024-2032.
Baby food and infant formula refer to the soft and easy to consume food products manufactured by blending proteins, fats and carbohydrates with soy or cow milk as a base. Milk formula, prepared and dried baby food are some commonly available variants. They also contain essential fatty acids that aid in the overall development and nourishment of babies. These products are also a rich source of various nutrients, such as calcium, magnesium, zinc, iron and essential minerals. Moreover, as infants lack teeth for chewing, baby food and infant formula act as the primary source of nutrition.
The positive growth of the baby food and infant formula market in Japan can be attributed to the increasing consciousness regarding child nutrition among the masses. Baby food and infant formula products are widely used to provide adequate nourishment to the children to prevent developmental and cognitive disorders. Various product innovations, such as the introduction of frozen and dried cube product variants with enhanced nutritional content, are favoring the market growth. In line with this, the rising expenditure capacities of the consumers, along with the increasing brand endorsements with celebrities on social media platforms, are favoring the market growth across the country.
Milk Formula
Dried Baby Food
Prepared Baby Food
Others
Supermarkets and Hypermarkets
Pharmacies
Convenience Stores
Others
The competitive landscape of the industry has also been examined along with the profiles of the key players.