The Baby Food Market is Predict to reach $110.7 Billion by 2030, at a CAGR of 6.2%

Special Offering :

Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support

Baby Food Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Baby Food Market size is expected to reach $110.7 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,339.0 Kilo Tonnes, experiencing a growth of 6.2% (2019-2022).

The Organic segment would exhibit a CAGR of 7.5% during (2023 - 2030). Parents apprehensive about the potential for chemical residues and pesticide exposure frequently choose organic baby food not formulated with synthetic pesticides, fertilizers, or genetically modified organisms. Some studies suggest that organic produce might have higher levels of certain nutrients and antioxidants, attracting parents seeking optimal nutrition for their babies. Moreover, organic baby food is perceived as having fewer additives and allergens, appealing to parents aiming to minimize potential allergic reactions in their infants.

The Milk formula segment is registering maximum revenue in the Global Baby Food Market, By Product Type in 2022, achieving a market value of $56.1 billion by 2030. Problems with breastfeeding in women are the main thing that is making the segment grow. Moreover, due to the lack of working women today, they prefer ready-made milk-based baby food. Several companies also market manufactured formulas as an alternative to breast milk. Because of this, companies are making milk with different tastes and flavors to get people to buy their brands.

The Online Channels segment is anticipated to grow at a CAGR of 6.7% during (2023 - 2030). Online shopping provides the convenience of ordering from anywhere at any time. Parents can shop for baby food without visiting stores, saving time and effort. Detailed product descriptions, customer reviews, and nutritional information are available online. This assists parents in making well-informed decisions regarding the products they select for their infant. Especially helpful for new parents or during challenging times (like during a pandemic), buying online helps avoid crowded stores, reducing exposure to illnesses.

The Asia Pacific region is generating highest revenue in the Global Baby Food Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $47.6 billion by 2030. The North America region is experiencing a CAGR of 5.4% during (2023 - 2030). Additionally, The Europe region would exhibit a CAGR of 5.6% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/baby-food-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Asahi Group Holdings Ltd., Perrigo Company PLC, Nestle S.A, Danone S.A., The Hain Celestial Group, Inc., Royal FrieslandCampina N.V., Sun-Maid Growers of California, Bristol Myers Squibb Company, Hero Group, and Bellamy’s Organic LLC

Global Baby Food Market Segmentation

By Category (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

Conventional
Organic

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

Milk formula
Dried Baby Food
Prepared Baby Food
Others

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

Supermarkets/Hypermarkets
Drugstores/Pharmacies
Online Channels
Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Companies Profiled

Related Reports:

SUBSCRIPTION MODEL