The global baby food market is on track for incremental growth of USD 13.4 billion, corresponding to a compound annual growth rate (CAGR) of nearly 3.2% throughout the forecast period of 2024 to 2029. The baby food market is influenced by several overarching trends, including the increasing global awareness of nutrition and infant health. Parents around the world are becoming more focused on providing balanced, nutrient-rich meals to their children, leading to a surge in demand for fortified and functional baby foods. Additionally, the growing preference for organic and sustainably sourced ingredients is pushing brands to innovate and offer cleaner, more environmentally friendly options. Another key driver is the rapid expansion of e-commerce, which has made baby food products more accessible to consumers in both developed and emerging markets.
The report provides a comprehensive analysis of the global baby food industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, category, distribution channel and region. The insights gained from this evaluation help reveal the growth potential within the baby food sector.
Market Segmentation
The segmentation of the global baby food market is outlined below:
Product type: dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), other baby food
Category: conventional, organic
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, health and beauty stores, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America
The global market for baby food is divided based on product type, category, distribution channel and region. The categorization of the market by product type includes dried baby food, prepared baby food, milk formula (standard formula, follow-on formula, growing-up milk, special milks), and other baby food. Category categories include conventional, and organic. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, health and beauty stores, e-commerce, and others. Geographically, the market is segmented into Asia Pacific, Europe, Latin America, Middle East and Africa and North America.
Competitive Landscape
The competitive landscape of the baby food industry has been thoroughly analyzed, highlighting key players such as Wissun Group, Vietnam Dairy Products Joint Stock Company (Vinamilk), United Pharmaceuticals S.A., The Kraft Heinz Company, The Hain Celestial Group Inc., The a2 Milk Company Limited, Synutra Inc., Sunny Fields Enterprise Ltd., Sun-Maid Growers Inc., Shijiazhuang Junlebao Dairy Co. Ltd., Royal FrieslandCampina N.V., Reckitt Benckiser Group plc (RB), Pladis Foods Limited, Perrigo Company PLC, PepsiCo Inc., OJSC PROGRESS, Nestle S.A., Morinaga Milk Industry Co. Ltd., Meiji Holdings Co. Ltd., Mead Johnson (Guangzhou) Ltd., Lactalis South Africa (Pty) Ltd., Laboratorios Ordesa SL, Inner Mongolia Yili Industrial Group Co. Ltd., HiPP GmbH & Company Vertrieb KG, Hero AG, Heilongjiang Wondersun Dairy Co. Ltd., Health & Happiness Group International Holdings Ltd. (H&H Group), Hangzhou Beingmate Group Co. Ltd., H&N JSC, ETI Gida Sanayi ve Ticaret A.S., Enoulite Group Holding Co. Ltd., DMK Deutsches Milchkontor GmbH, Danone S.A., China Feihe Limited, China Mengniu Dairy Company Limited, Asahi Group Holdings Ltd., Almarai Company and Abbott Laboratories.
This report presents an extensive analysis of major entities in the baby food market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the global baby food market.
Gain in-depth analysis and forecasts for the key segments of the global baby food market: product type, category, distribution channel and region.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the global baby food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global baby food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Global Baby Food Market – Product Type Analysis
Global Baby Food Market – Category Analysis
Global Baby Food Market – Distribution Channel Analysis
Global Baby Food Market – Region Analysis
Key Players and Market Share
– Wissun Group
– Vietnam Dairy Products Joint Stock Company (Vinamilk)
– United Pharmaceuticals S.A.
– The Kraft Heinz Company
– The Hain Celestial Group, Inc.
– The a2 Milk Company Limited
– Synutra Inc.
– Sunny Fields Enterprise Ltd.
– Sun-Maid Growers, Inc.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Global Baby Food Market 2019-2029
Chart Global Baby Food Market, Net Growth, 2019-2029
Chart Global Baby Food Market, Growth Rates, 2019-2029
Table Global Baby Food Market by Product Type, 2019-2029
Chart Global Baby Food Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Global Baby Food Market by Product Type, 2019-2029
Table Global Baby Food Market by Category, 2019-2029
Chart Global Baby Food Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Global Baby Food Market by Category, 2019-2029
Table Global Baby Food Market by Distribution Channel, 2019-2029
Chart Global Baby Food Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Global Baby Food Market by Distribution Channel, 2019-2029
Table Global Baby Food Market by Region, 2019-2029
Chart Global Baby Food Market by Region, CAGR Historic and Forecast, 2019-2029
Chart Global Baby Food Market by Region, 2019-2029
Table Global Baby Food Market Share (%), by Companies, 2019-2023
Chart Global Baby Food Market, by Companies, 2023
Table Global Baby Food Market Share (%), by Brands, 2019-2023
Chart Global Baby Food Market, by Brands, 2023
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Baby Food Market: Spend as a Proportion of GDP (%)
Table Global Baby Food Market: Consumption per Capita (Population)
Companies Mentioned
Wissun Group
Vietnam Dairy Products Joint Stock Company (Vinamilk)
United Pharmaceuticals S.A.
The Kraft Heinz Company
The Hain Celestial Group, Inc.
The a2 Milk Company Limited
Synutra Inc.
Sunny Fields Enterprise Ltd.
Sun-Maid Growers, Inc.
Shijiazhuang Junlebao Dairy Co., Ltd.
Royal FrieslandCampina N.V.
Reckitt Benckiser Group plc (RB)
Pladis Foods Limited
Perrigo Company PLC
PepsiCo, Inc.
OJSC PROGRESS
Nestle S.A.
Morinaga Milk Industry Co., Ltd.
Meiji Holdings Co., Ltd.
Mead Johnson (Guangzhou) Ltd.
Lactalis South Africa (Pty) Ltd.
Laboratorios Ordesa SL
Inner Mongolia Yili Industrial Group Co., Ltd.
HiPP GmbH & Company Vertrieb KG
Hero AG
Heilongjiang Wondersun Dairy Co., Ltd.
Health & Happiness Group International Holdings Ltd. (H&H Group)
Hangzhou Beingmate Group Co., Ltd.
H&N JSC
ETI Gida Sanayi ve Ticaret A.S.
Enoulite Group Holding Co., Ltd.
DMK Deutsches Milchkontor GmbH
Danone S.A.
China Feihe Limited
China Mengniu Dairy Company Limited
Asahi Group Holdings, Ltd.
Almarai Company
Abbott Laboratories