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Global and United States Baby Foods and Infant Formula Market Report & Forecast 2022-2028

SKU ID : QYR-20991312 | Publishing Date : 27-May-2022 | No. of pages : 109

Baby food products help in fulfilling nutritional requirements of babies and help in their physical growth and development. Infant formula products are to meet the nutritional needs of babies by adding various nutrients to milk powder to achieve an effect close to breast milk.
Market Analysis and Insights: Global and United States Baby Foods and Infant Formula Market
This report focuses on global and United States Baby Foods and Infant Formula market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Baby Foods and Infant Formula market size is estimated to be worth US$ 37520 million in 2022 and is forecast to a readjusted size of US$ 42250 million by 2028 with a CAGR of 2.0% during the review period. Fully considering the economic change by this health crisis, by Type, Milk Formula accounting for % of the Baby Foods and Infant Formula global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Sales Channel, Offline Retail was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The major global manufacturers of baby food and formula include Beingmate, Hipp, Mead Johnson, Arla Foods, FrieslandCampina, Morinaga Milk, Yili Group, Danone, Abbott, Nestle, China Feihe, Hero Group and Meiji, etc., which are mainly distributed in Europe, North America, China and Japan, accounting for more than 60% of the market share. The world's largest consumer region is the Asia-Pacific region, which accounts for half of the market, followed by Europe and North America at 22 and 16 per cent, respectively.
Baby Foods and Infant Formula includes Milk Formula and Infant Complementary Foods, Milk Formula occupies the main market share. Among them, A2 Infant Formulas is the closest natural formula, so it is also widely favored by consumers. In 2019, it occupied 4% of the entire market.
The sales of Baby Foods and Infant Formula are mainly carried out through offline channels, of which Supermarket/Hypermarket and Baby Stores account for 23% and 36% of the market respectively in 2019. However, online sales will grow rapidly in the future.
Global Baby Foods and Infant Formula Scope and Market Size
Baby Foods and Infant Formula market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Baby Foods and Infant Formula market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Baby Foods and Infant Formula market size by players, by Type and by Sales Channel, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type

Milk Formula
A2 Infant Formulas
Infant Complementary Foods
Segment by Sales Channel
Offline Retail
E-Commerce

By Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company

Beingmate
HiPP
Mead Johnson
Arla Foods
FrieslandCampina
Morinaga Milk
Yili Group
Danone
Abbott
Nestle
China Feihe
Hero Group
Meiji

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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