North America Baby Food Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: North America Baby Food Market


The North America Baby Food market size is projected to reach US$ 7.97 billion by 2026, from US$ 5.62 billion in 2020, at a CAGR of 6% during 2021-2026. The region is witnessing augmented demand from U.S. on account of rising health consciousness, strengthening brand marketing paired with rising number of working women. In addition, increasing trend of adopting premium organic baby foods is also one of the major contributors to the regional market growth.

Infants and children are vulnerable to foodborne illnesses as their immune systems are not fully developed to fight off infections. Thus, factors like premium quality products and their safety are among the most essential criteria influencing the buyers decision. In addition, growing demand for gluten-free versions is also supplementing industry growth in North America.

Health organizations have set strict guidelines for baby foods and the use of chemicals owing to their effect on human body. This factor is likely to pose a challenge to market growth over the next eight years. In addition, rising consumer preference for quality food has led to rise in the costs of final product. These prices are mainly affected by the quality and prices of raw materials.

Rising urbanization and changing lifestyles are propelling demand for packaged baby foods in North America. Concerns related to food safety, stringent regulations, falling birth rates, and practice of feeding home-cooked food to babies are among the key restraints.

Market Segmentation, Outlook & Viewpoint: North America Baby Food Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Milk Formula
  
Dried
  
Prepared
  
Other

Distribution Channel Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Supermarket
  
Others
  
Online Channels

Key Players, Recent Developments & Regional Insights: North America Baby Food Market

Commercially prepared baby milk formula is rapidly gaining adoption among consumers. These products offer essential nutrients necessary for overall nutritional needs of infants and act as an effective substitute for breast milk. It is beneficial in incidences of malnourishment and lactation insufficiency. Moreover, rising population of working women is anticipated to propel the demand for readymade formula milk in near future.

While prepared foods is projected to exhibit the highest CAGR through 2025, the dried baby foods segment is also anticipated to witness steady growth over the forecast period. It includes dried and mashed potato, banana, apple, mango, berries, and oats. These products are ideal for babies as they are high in nutritional content and can be easily converted into a sauce by mixing with water or breastmilk. Organic products are gaining considerable adoption, thereby supplementing market growth. These dried foods are made of 100% fruits and devoid of any artificial flavors or food colorants. Thus, they are considered as ideal for babies.

Country Insights

U.S. was the dominant segment in 2016. The country accounted for a significant market share on account of rising demand driven by high birth rate. Changing lifestyle due to rising standards of living can further propel the regional market growth. In addition, consumer awareness about nutritional diet for babies has boosted regional product sale. The others segment, which includes Canada and Mexico, is slated to witness significant growth over the coming years. This can be attributed to improving disposable income, greater availability of these products, increase in consumer awareness regarding their benefits, and rising number of working mothers.

North America Baby Food Market Share Insights

Key players include Mead Johnson & Company, LLC, Nestle SA, Hain Celestial Group, and Abbott Nutrition. New product development and business partnerships in the form of joint ventures and mergers and acquisitions are some of the top business strategies adopted by major market players. For instance, Hain Tilda, a wholly owned subsidiary of Hain Celestial Group and Future Group entered into a joint venture to expand in three major categories, namely, baby food, organic chips, and non-dairy products.

Key Insights Covered: North America Baby Food Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of North America Baby Food industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of North America Baby Food industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of North America Baby Food industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of North America Baby Food industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of North America Baby Food industry.

Research Methodology: North America Baby Food Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other