Baby Food and Infant Formula Market 2020-2024
Technavio has been monitoring the baby food and infant formula market and it is poised to grow by $ 33.12 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on baby food and infant formula market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the new product launches and the increasing number of working mothers. In addition, new product launches is anticipated to boost the growth of the market as well.
The baby food and infant formula market analysis includes product segment and geographical landscapes.
Technavio's baby food and infant formula market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the increasing number of M&As and investments as one of the prime reasons driving the baby food and infant formula market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our baby food and infant formula market covers the following areas:
- Baby food and infant formula market sizing
- Baby food and infant formula market forecast
- Baby food and infant formula market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading baby food and infant formula market vendors that include Abbott Laboratories, Beingmate Co. Ltd., Danone SA, HiPP GmbH & Co. Vertrieb KG, Meiji Holdings Co. Ltd., NestlÃ© SA, Perrigo Co. Plc, Reckitt Benckiser Group Plc, The Hain Celestial Group Inc., and The Kraft Heinz Co. Also, the baby food and infant formula market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.