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Global Baby Food Product Market Research Report 2024
Synopsis
Baby food is any soft, easily consumed food other than breastmilk or infant formula that is made specifically for human babies between four to six months and two years old.
The global Baby Food Product market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.
This report aims to provide a comprehensive presentation of the global market for Baby Food Product, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Food Product.
Report Scope
The Baby Food Product market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Food Product market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Food Product manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Abbott Nutrition
Mead Johnson Nutritionals
Kraft Foods
Nestle Group
Stonyfield Farm
Yummy Spoonfuls
Plum PBC
Alimentos Heinz
Segment by Type
Cereals
Milk Formula
Snacks
Others
Segment by Application
Supermarkets/Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Consumption 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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Food Product manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Food Product in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Baby food is any soft, easily consumed food other than breastmilk or infant formula that is made specifically for human babies between four to six months and two years old.
The global Baby Food Product market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.
This report aims to provide a comprehensive presentation of the global market for Baby Food Product, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Food Product.
Report Scope
The Baby Food Product market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Food Product market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Baby Food Product manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Abbott Nutrition
Mead Johnson Nutritionals
Kraft Foods
Nestle Group
Stonyfield Farm
Yummy Spoonfuls
Plum PBC
Alimentos Heinz
Segment by Type
Cereals
Milk Formula
Snacks
Others
Segment by Application
Supermarkets/Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Consumption 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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Baby Food Product manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Baby Food Product in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Baby Food Product Market Overview
1.1 Product Overview and Scope of Baby Food Product
1.2 Baby Food Product Segment by Type
1.2.1 Global Baby Food Product Market Value Comparison by Type (2024-2030)
1.2.2 Cereals
1.2.3 Milk Formula
1.2.4 Snacks
1.2.5 Others
1.3 Baby Food Product Segment by Application
1.3.1 Global Baby Food Product Market Value by Application: (2024-2030)
1.3.2 Supermarkets/Hypermarkets
1.3.3 Convenience Stores
1.3.4 Specialty Food Stores
1.3.5 Online Retail
1.4 Global Baby Food Product Market Size Estimates and Forecasts
1.4.1 Global Baby Food Product Revenue 2019-2030
1.4.2 Global Baby Food Product Sales 2019-2030
1.4.3 Global Baby Food Product Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Baby Food Product Market Competition by Manufacturers
2.1 Global Baby Food Product Sales Market Share by Manufacturers (2019-2024)
2.2 Global Baby Food Product Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Baby Food Product Average Price by Manufacturers (2019-2024)
2.4 Global Baby Food Product Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Baby Food Product, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Baby Food Product, Product Type & Application
2.7 Baby Food Product Market Competitive Situation and Trends
2.7.1 Baby Food Product Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Baby Food Product Players Market Share by Revenue
2.7.3 Global Baby Food Product Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Baby Food Product Retrospective Market Scenario by Region
3.1 Global Baby Food Product Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Baby Food Product Global Baby Food Product Sales by Region: 2019-2030
3.2.1 Global Baby Food Product Sales by Region: 2019-2024
3.2.2 Global Baby Food Product Sales by Region: 2025-2030
3.3 Global Baby Food Product Global Baby Food Product Revenue by Region: 2019-2030
3.3.1 Global Baby Food Product Revenue by Region: 2019-2024
3.3.2 Global Baby Food Product Revenue by Region: 2025-2030
3.4 North America Baby Food Product Market Facts & Figures by Country
3.4.1 North America Baby Food Product Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Baby Food Product Sales by Country (2019-2030)
3.4.3 North America Baby Food Product Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Baby Food Product Market Facts & Figures by Country
3.5.1 Europe Baby Food Product Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Baby Food Product Sales by Country (2019-2030)
3.5.3 Europe Baby Food Product Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Baby Food Product Market Facts & Figures by Country
3.6.1 Asia Pacific Baby Food Product Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Baby Food Product Sales by Country (2019-2030)
3.6.3 Asia Pacific Baby Food Product Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Baby Food Product Market Facts & Figures by Country
3.7.1 Latin America Baby Food Product Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Baby Food Product Sales by Country (2019-2030)
3.7.3 Latin America Baby Food Product Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Baby Food Product Market Facts & Figures by Country
3.8.1 Middle East and Africa Baby Food Product Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Baby Food Product Sales by Country (2019-2030)
3.8.3 Middle East and Africa Baby Food Product Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Baby Food Product Sales by Type (2019-2030)
4.1.1 Global Baby Food Product Sales by Type (2019-2024)
4.1.2 Global Baby Food Product Sales by Type (2025-2030)
4.1.3 Global Baby Food Product Sales Market Share by Type (2019-2030)
4.2 Global Baby Food Product Revenue by Type (2019-2030)
4.2.1 Global Baby Food Product Revenue by Type (2019-2024)
4.2.2 Global Baby Food Product Revenue by Type (2025-2030)
4.2.3 Global Baby Food Product Revenue Market Share by Type (2019-2030)
4.3 Global Baby Food Product Price by Type (2019-2030)
5 Segment by Application
5.1 Global Baby Food Product Sales by Application (2019-2030)
5.1.1 Global Baby Food Product Sales by Application (2019-2024)
5.1.2 Global Baby Food Product Sales by Application (2025-2030)
5.1.3 Global Baby Food Product Sales Market Share by Application (2019-2030)
5.2 Global Baby Food Product Revenue by Application (2019-2030)
5.2.1 Global Baby Food Product Revenue by Application (2019-2024)
5.2.2 Global Baby Food Product Revenue by Application (2025-2030)
5.2.3 Global Baby Food Product Revenue Market Share by Application (2019-2030)
5.3 Global Baby Food Product Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott Nutrition
6.1.1 Abbott Nutrition Corporation Information
6.1.2 Abbott Nutrition Description and Business Overview
6.1.3 Abbott Nutrition Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Nutrition Baby Food Product Product Portfolio
6.1.5 Abbott Nutrition Recent Developments/Updates
6.2 Mead Johnson Nutritionals
6.2.1 Mead Johnson Nutritionals Corporation Information
6.2.2 Mead Johnson Nutritionals Description and Business Overview
6.2.3 Mead Johnson Nutritionals Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Mead Johnson Nutritionals Baby Food Product Product Portfolio
6.2.5 Mead Johnson Nutritionals Recent Developments/Updates
6.3 Kraft Foods
6.3.1 Kraft Foods Corporation Information
6.3.2 Kraft Foods Description and Business Overview
6.3.3 Kraft Foods Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Kraft Foods Baby Food Product Product Portfolio
6.3.5 Kraft Foods Recent Developments/Updates
6.4 Nestle Group
6.4.1 Nestle Group Corporation Information
6.4.2 Nestle Group Description and Business Overview
6.4.3 Nestle Group Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Nestle Group Baby Food Product Product Portfolio
6.4.5 Nestle Group Recent Developments/Updates
6.5 Stonyfield Farm
6.5.1 Stonyfield Farm Corporation Information
6.5.2 Stonyfield Farm Description and Business Overview
6.5.3 Stonyfield Farm Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Stonyfield Farm Baby Food Product Product Portfolio
6.5.5 Stonyfield Farm Recent Developments/Updates
6.6 Yummy Spoonfuls
6.6.1 Yummy Spoonfuls Corporation Information
6.6.2 Yummy Spoonfuls Description and Business Overview
6.6.3 Yummy Spoonfuls Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Yummy Spoonfuls Baby Food Product Product Portfolio
6.6.5 Yummy Spoonfuls Recent Developments/Updates
6.7 Plum PBC
6.6.1 Plum PBC Corporation Information
6.6.2 Plum PBC Description and Business Overview
6.6.3 Plum PBC Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Plum PBC Baby Food Product Product Portfolio
6.7.5 Plum PBC Recent Developments/Updates
6.8 Alimentos Heinz
6.8.1 Alimentos Heinz Corporation Information
6.8.2 Alimentos Heinz Description and Business Overview
6.8.3 Alimentos Heinz Baby Food Product Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Alimentos Heinz Baby Food Product Product Portfolio
6.8.5 Alimentos Heinz Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Baby Food Product Industry Chain Analysis
7.2 Baby Food Product Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Baby Food Product Production Mode & Process
7.4 Baby Food Product Sales and Marketing
7.4.1 Baby Food Product Sales Channels
7.4.2 Baby Food Product Distributors
7.5 Baby Food Product Customers
8 Baby Food Product Market Dynamics
8.1 Baby Food Product Industry Trends
8.2 Baby Food Product Market Drivers
8.3 Baby Food Product Market Challenges
8.4 Baby Food Product Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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