"The
Report Global Baby Food And Infant Formula Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz
has stated the addition of a new market research report to its report
repository. The research publication is titled, “Global
Baby Food And Infant Formula Market 2017-2021.”
The research report offers an exhaustive outlook of the dynamics that
are controlling the changes that are occurring in the global market
and further assesses them painstakingly The effect of some
progressive and regressive elements has also been taken into
consideration with equal significance in the market intelligence
report. It also delivers data on the marketing and publicity
strategies, shares, and merchandises of the top drawer companies.
Baby
food refers to any type of soft food other than infant formula, which
is especially made for babies in the age group of four to six months
till two years. On the other hand, infant formula refers to processed
baby and infant food products for infants and babies under 12 months.
It is generally prepared for cup-feeding or bottle feeding. There are
mainly two kinds of infant formula namely liquid and powder.
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According
to the report, the global baby food and infant formula market is
expected to witness an approximately 9% CAGR between 2017 and 2021.
One of the main factors driving the growth of the market is the
rising number of parents looking for offering optimum nutrition to
their infants. They tend to opt for infant formulas and packaged baby
food products in order to provide an alternative to breastfeeding.
Moreover, organic baby food products have also attracted consumers as
they are nutritionally superior and safer as compared to traditional
foods. The fact that many mothers are unable to breastfeed due to
physical and psychological conditions is expected to boost the growth
of the baby food and infant formula market in the coming years.
Furthermore, as couples are becoming more concerned about the
nutritional requirements of their infants and are thus inclining
towards nutritional baby foods and infant formula.
On
the basis of product, the infant formula segment dominated the global
baby food and infant formula market in 2016 and is anticipated to
retain the lead in the coming years. This led can be attributed to
factors such as convenient feeding and availability of essential
vitamins and nutrients in infant formula. Based on distribution
channel, the market was led by hypermarkets and supermarkets as they
enable varieties and multiple options of infant formula and baby
food.
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Region-wise,
the global baby food and infant formula market was dominated by Asia
Pacific in 2016 and it is expected that it will continue its
dominance over the forecast period. The high consumption of infant
formula and baby food in Indonesia, Hong Kong, and China is the key
factor behind the growth of the market in this particular region.
Some of the leading companies in the market are Reckitt Benckiser,
Nestlé, Kraft Heinz, HiPP, Danone, and Abbott Laboratories.
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