Baby Food Market Developments, Industry Dynamics, Application, Size, Regional Analysis
Increasing population of women professionals, awareness on adequate nutrition, and lifestyle change and increasing birth rate are projected to drive the growth of the baby food market in the future. According to a new report published by Allied Market Research, titled, “ Baby Food Market by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027 ,”. The global baby food market size was valued at $67.3 billion in 2019, and is projected to reach at $96.3 billion by 2027, growing at a CAGR of 6.0% from 2021 to 2027. Baby foods are ready-to-eat foods for infants between the age group of four to six months until two years. Dried cereals, milk formula, prepared baby food and other are the major baby food available in the market. Rising economic trends in emerging markets of Asia-Pacific and Europe, increasing women participation at workplace, increasing awareness about adequate nutrition, growing urbanization and organized retailing are the major bab...