The North America Baby Drinks Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 251.3 Kilo Tonnes, showcasing a growth of 9.1% (2019-2022).
The market intersects parenting aspirations, evolving nutritional science, and dynamic consumer preferences. Shaped by many factors ranging from health-conscious parenting to socio-cultural influences, this market plays a pivotal role in catering to the nutritional needs of infants and toddlers. As the demands on modern parents increase and dietary expectations become more sophisticated, the market has witnessed remarkable growth and transformation. At its core, the primary application of these is to serve as a supplemental source of nutrition for infants and toddlers.
One of the key applications driving the popularity of these drinks is their convenience in on-the-go lifestyles. Modern parents, often juggling multiple responsibilities, find solace in the simplicity of ready-to-drink baby beverages. Single-serving packaging and user-friendly designs cater to the fast-paced lives of caregivers, allowing for quick and hassle-free nourishment for infants wherever the day takes them. These are crucial in gradually transitioning from exclusive breastfeeding or formula feeding to complementary feeding.
Infant health initiatives in North America often centre around ensuring that infants receive the necessary nutrients for healthy growth and development. These drinks fortified with essential vitamins and minerals, such as calcium, iron, and DHA, align with these initiatives by providing a convenient and targeted source of nutrition for infants. Therefore, rising infant health initiatives and the number of childbirths in North America is expected to drive the demand in the region.
The US market dominated the North America Baby Drinks Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,258.4 Million by 2030. The Canada market is experiencing a CAGR of 11.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.1% during (2023 - 2030).
Based on Application, the market is segmented into 12 Months to 36 Months, 6 Months to 12 Months, Less than 6 Months, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Pharmacies, Convenience Stores, Online Channel, and Others. Based on Product Type, the market is segmented into Infant Formula, Baby Juice, and Baby Electrolyte. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Baby Drinks Market is Predict to reach $76.2 Billion by 2030, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reckitt Benckiser Group PLC, Danone S.A., HiPP GmbH & Co. Vertrieb KG, Nestle S.A, The Hain Celestial Group, Inc., Campbell Soup Company, Abbott Laboratories, Arla Foods, Inc., Bobbie Baby, Inc., and Holle baby food AG.
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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