Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Baby Food and Drink Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Baby Food and Drink Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Baby
Food and Drink Market is offered.
Market
Insights:
In accordance with the report, the Baby Food and Drink
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Baby Food and
Drink Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. One of the key causes driving the expansion of the infant food and
drink market is an increase in public health consciousness, particularly with
regard to babies. The surge in the number of working people looking for healthy
nutrition options for their babies, as well as the widespread availability of
food in powder, liquid, and paste forms, is propelling the baby food and drink
market forward. The high acceptance of baby food since it aids in the
development of the brain, muscles, and nervous system, among other things, and
increased consumer awareness of the product's different benefits further affect
the baby food and drinks industry. Furthermore, rising urbanisation, an
increase in organised retail marketing, and malnutrition rates all benefit the
baby food and drink sector. In 2021, the baby food market, Asia-Pacific hold
the majority share and expected to maintain the dominance throughout the
forecast period. It is both the world's largest and fastest-growing area. Due
to its growing population, hectic lives, and rising consumer spending, it is
projected to be quite active in the next years. China is the region's largest
market. Furthermore, growing economies such as India and Indonesia are likely
to fuel the region's Baby Food and Drink Market growth. The expansion of the
infant food and drink market in the region is influenced by the increasing
penetration of modern retail and product awareness, as well as rising
disposable incomes and purchasing power. The global organic baby food and drink
industry is being driven by the rising number of malnutrition instances and
health concerns for babies' overall growth. Parents have boosted their spending
as the economy has improved. They are willing to spend money on high-quality,
pricey things for their children's health. This in turn is expected to boost
the market growth during the forecast period.
Research
Methodology:
To compile
the detailed study of the global Baby Food and
Drink Market,
a robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Baby Food and Drink Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Baby Food and
Drink Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Baby Food and Drink Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts have
also focused on the key measures that the companies are opting to withstand the
harsh scenario.
Segment
Covered:
Baby Food and Drink Market report has been segmented By Type, By Application also
includes the market size and forecast for all these segments. Compounded annual
growth rates for all segments have also been provided for 2019 to 2031. This
report is a compilation of first-hand information, qualitative and quantitative
assessment by industry analysts, inputs from industry experts and industry
participants across the value chain.
Key Segments:
Baby Food and Drink Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Baby Food and
Drink Market, By Type, 2022-2031 (USD Million)
·
Infant
Formula
·
Baby Snacks
·
Bottled and
Canned Baby Food
·
Infant
Cereals
·
Other
Baby Food and
Drink Market, By Application, 2022-2031 (USD Million)
·
Supermarkets
·
Hypermarkets
·
Small grocery
retailers
·
Health and
beauty retailers
·
Others
Report
Highlights:
The prime objective of the Baby Food and
Drink Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Baby Food and
Drink Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Baby Food
and Drink Market:
·
Arla
·
Bellamy
·
Biostime
·
Brightdairy
·
Danone
·
Feihe
·
FrieslandCampina
·
Heinz
·
HiPP
·
Mead Johnson
·
Nestle
·
Perrigo
·
Topfer
·
Yashili
·
Others
Baby Food and Drink Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.