PUBLISHER: Renub Research | PRODUCT CODE: 1498408
PUBLISHER: Renub Research | PRODUCT CODE: 1498408
United States baby food and infant formula market will attain US$ 13.95 billion by 2032, up from US$ 8.84 billion in 2023, with a CAGR of 5.20% from 2023 to 2032.
United States Baby Food and Infant Formula Market Definition
Baby food and baby formula are soft mashes of fruits, vegetables, and grains for childrens aged 4 months to 2 years. They are considered great options for breast milk as they offer important nutrients that promote infant growth. Since babies no longer have the muscle groups and enamel to chew successfully, baby food and infant components are their number one sources of nutrition. Due to their comfort and multiplied nutritional value, parents are increasingly turning to packaged meals. According to the Bureau of Labor Statistics, the percentage of employed ladies in the United States is expected to attain 56.8% by 2022.
In the American baby food and infant formula sector, parent's expertise of the dietary content of infant meals plays a significant role. The market advantages of introducing organic infant feeding products without artificial fertilizers, pesticides, hormones, antibiotics, and other chemical compounds. The growing demand for RTD baby meal products, influenced by busy schedules and elevated consumer spending, contributes considerably to the marketplace boom. The extended presence of online retail channels, brand promotion, and social media advertising significantly expanded the baby food and infant formula enterprises in the United States.
New product introductions are essential for generating demand in the US baby food and infant formula industry. Successful product launches help the marketplace broaden by increasing the quantity of individuals. These upgrades increase the company's revenue and increase its client base, stimulating innovation. New product releases permit the agency to beautify its market share and gain a competitive advantage over competitors, emphasizing the potential for increase in this dynamic market.
The US baby food and infant formulation industry is experiencing an uptick in sustainable practices and green packaging as parents increasingly prioritize environmental values. Companies are addressing this trend by implementing sustainable production, packaging, and distribution methods. There is a growing demand for recyclable and biodegradable packaging alternatives, consisting of stand-up zipper pouches crafted from recyclable substances. This shift aligns with mounting environmental worries and reflects parents' preference for the best merchandise for their children and the planet.
United States Baby Food and Infant Formula Company Analysis
Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestle, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group plc, and Danone are among the leading players in the US Baby Food and Infant Formula Market, employing a variety of strategies to increase market share, boost profitability, and maintain competitiveness.
Some of the prominent player in the US Baby Food and Infant Formula Market includes Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestle, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group p.C., and Danone.
United States Baby Food and Infant Formula Company News
Similac debuted a new range of organic formulas in July 2023, responding to parents' growing desire for natural and clean-label goods.
Enfamil developed a formula in June 2023 that addresses the nutritional needs of newborns with allergies, earning excellent comments from medical professionals.
In March 2023, Gerber partnered with a dietitian to provide a handbook for parents on newborn feeding habits and nutritional requirements.
In May 2023, Arla Foods Ingredients introduced Lacprodan Alpha-50, an infant formula component high in alpha-lactalbumin (alpha). This unique release was specifically designed to meet the growing need for formulations with lower protein content.
Else Nutrition Holdings inked a distribution deal with United Natural Foods (UNFI) in March 2021, covering over 30,000 retail stores in the United States. The transaction will boost the company's foothold in the United States.
In January 2021, Bobbie introduced the first organic, European-style infant formula with a DHA content that fulfills FDA regulations in the United States.
Types - Market is divided into 4 viewpoints
Milk Formula
Dried Baby Food
Prepared Baby Food
Others
Distribution Channel - Market is divided into 4 viewpoints
Supermarkets and Hypermarkets
Pharmacies
Convenience Stores
Others
Region - Market is divided into 4 viewpoints
Northeast
Midwest
South
West
Company Insights:
Overviews
Recent Developments & Strategies
Product Portfolio & Product Launch in Last 1 Year
Revenue
Key Players covered in the report are:
Abbott Laboratories
Kraft Heinz Company
Hero Group
Hain Celestial Group Inc.
Nestle
Lactalis (Stonyfield Farm, Inc.)
Reckitt Benckiser Group P.C.
Danone