Global infant formula & baby food market

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Global Infant Formula Baby Food Market
Forecast 2018-2026
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• North America ruled the global infant formula
  baby food market in 2017. U.S baby food market is
  a major contributor to this region.
• The Global infant formula baby food market is
  primarily driven by the factors like rising
  number of working parents, parental concerns
  about meeting their childs nutritional benefits
  and increase in the spending power of the people.
  
• The market is likely to grow at a CAGR of 5.12
  during the forecast period of 2018-2026

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• The global baby food and infant formula market is
  segmented on the basis of health benefits,
  product type, ingredients, packaging type and
  distribution channels.
• Market by health benefits cover areas like
  muscular growth, energy, immune system, blood
  enhancement, bones teeth development, nervous
  system, brain eye development, vascular system,
  and other benefits.
• On the basis of the product type, the market is
  segmented into dried baby foods, milk formula,
  prepared baby food and other types.
• Major distribution channels for this market are
  online retailing, supermarkets and hypermarkets,
  departmental stores, chemists and pharmacies and
  other channels.

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Global infant formula baby food market is
anticipated to grow at 5.12 CAGR during the
forecast period of 2018-2026..
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Europe infant formula baby food market is
predicted to exhibit a CAGR of 3.65. Strong
economic condition and increased disposable
income have led to the growth of the German
market. The U.K infant formula baby food market
is expected to register the highest CAGR in the
European region.
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North America infant formula baby food market
is evolving with an estimated CAGR of 3.73
during the forecast period of 2018-2026. U.S and
Canada are the significant contributors to this
region. Internet retailing is the most popular
distribution channel in this region. .
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The Asia Pacific infant formula baby food
market is exhibiting a CAGR of 6.88. The China
baby food and infant formula market accounted for
the highest revenue share in 2017. The Japanese
baby food market is also exhibiting a positive
growth.
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Companies like Baby Gourmet Foods Inc, Abbott
Nutrition, Beech-Nut Nutrition Corporation,
Danone Sa, Beingmate Group Co Ltd, Gerber
Products Company, Hipp, Hero Ag, Mead Johnson
Nutrition Company, Nestle Sa, Morinaga Milk
Industry Co Ltd, Perrigo Company Plc, The Hain
Celestial Group Inc, Plum, PBC (Plum Organics)
and The Kraft Heinz Company are engaged in this
market
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