Due to the increased demand of the key drivers
include altering socio-economic trends, mounting end user alertness as well as
modern goods and binding, the global baby food market is expected to grow at a
compound annual growth rate (CAGR) of 8.95% and reach US$97.7 billion by 2022
from $49.2 billion in 2014.
The matured industrialization and mass production of
canned goods, growing importance of advertising and the discovery of vitamins
in vegetables and fruits are boosting the market growth. The opportunity lies
in developing regions, attracting customer thoughts and acquiring fame.
Stakeholders capture planned decisions which are taking place in the resembling
trends and opportunities.
Global Baby Food market is segmented by Product, by
Health Benefits, by Ingredients and by Geography. Based on Product, market is
segregated into cereals, Soup, Juice, Bottled, Snacks, Canned & Frozen and
other products. Based on Health Benefits, market is classified into Muscular
growth, Nervous system, Bones and teeth development, Body energy, Immune
system, Blood enhancement, Brain and eye development, Vascular system and Other
benefits. Based on Ingredients, it is categorised into Milk products, Fruits,
Vegetables, Cereals and Meat products. Cereals are further divided into Mixed,
Barley, Oatmeal and Rice. Market by geography is segmented into North America,
Europe, Asia Pacific and Rest of the World. North America and Europe regions
share the foremost share in provisions of entire market revenue generated.
The Key players in the market include, Abbott
Nutrition, Sma Nutrition, Danone Dumex, Fasska, Plum Mums, Bristol-Myers
Squibb, Earth’s Best, H.J. Heinz Co and Nestle.
For more information visit: http://www.marketresearchreports.com/stratistics-mrc/global-baby-food-market-outlook-2014-2022
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