Fortified Baby Food Market Overview:
The global Fortified Baby Food Market is projected to grow with a significant growth rate of 8.89 % from 2020 to 2027 and reach a market value of USD 6.88 billion by the end of 2027.
Fortified food offers extra micronutrients which includes essential trace elements and different vitamins. Fortified food is completely a commercial choice to add extra nutrients in the food and fortified baby food offers diverse range of choice to parents who are concerned about their kid’s health.
Baby food is also one of the attractive applications of the fortified food. Fortified Baby Food Market Revenue is gaining traction over the years owing to the growing incidence of diseases, increasing consumer awareness along with significant rise in awareness of nutritious baby food and health benefits associated with it among the parents. The demand of the fortified baby food is also increasing due to the changing lifestyle coupled with the growing consumer awareness and rising health and wellness concern.
Top Key Players:
The key market players operating in the global Fortified Baby Food market are Nestle SA (Switzerland), Danone SA (France), Hero Group (Switzerland), Kraft Heinz Foods Company (U.S.), The Hein-Celestial Group (U.S.), Abbott Laboratories (U.S.), Bellamy's Organic (Australia).
Fortified Baby Food Market Segmentation Analysis:
Global Fortified Baby Food market has been segmented based on nutrients such as mineral and vitamin. The mineral segment is sub-segmented into folic acid, zinc, copper, DHA, iron, and others. Also, the vitamin segment is sub-segmented into Vitamin C, Vitamin A, Vitamin D, and others.
The global for market Fortified Baby Food has been segmented based on product type, which includes ready to feed baby food, dried baby food, milk formula, and others.
Global for market Fortified Baby Food has been segmented based on distribution channels such as supermarkets & hypermarkets, specialist retailers, convenience stores, and others.
What are the main Industry trends for Fortified baby food globally?
The business is anticipated to benefit from trends including clean label packaging, rising interest in superfoods, and the use of ancient grains.
Fortified Baby Food Market Forecast:
Global Fortified Eggs Market is anticipated to be driven by the increasing health-conscious people in developed economies. Also, the enhancement of livelihood among the consumers in developing economies is also significant factor for the growth of fortified baby food over the forecast period. Fortified baby food is also getting momentum due to the strong initiative of the World Health Organization (WHO) and Food & Agriculture Organization (FAO) for minimizing the chances of malnutrition. Infant and toddlers need satisfactory amount of nutrition in their daily diet. So, there is an increasing demand of packaged baby food with proper nutritious value. For that, fortified baby food is turning into a best choice. Mother’s milk is the best source of nutrition for infants especially under the age of 6 months. But increasing working women population and changing lifestyle has resulted in increasing demand for ready to eat food products due to the time constraints for breast feeding and preparing homemade food products for infants.
Regional Analysis:
The global market for Fortified Baby Food is segmented into North America, Asia Pacific, Europe, and the rest of the world (ROW). America accounts for the largest market for the fortified baby food market, owing to the established food and beverage industry in the region. Moreover, the availability of skilled professionals working towards, in fact care both in the dietary sector as well as in the healthcare sector is aiding towards the market growth over the review period. The increase in funds towards research and development for introducing advanced fortified food products is expected to propel the growth fo the market share acquired from this region.
the Asia Pacific region of the global market for Fortified Baby Food Trends is expected to retain its dominance as the fastest-growing region in the market throughout the forecast period. This is attributed by the growing per capita disposable income along with the higher birth rate in emerging economies like China, India, and Indonesia. Especially China and India offer a profitable opportunity in the Asia Pacific region for the producers of fortified baby food.
Europe is also projected to witness steady growth during the reviewed period. Europe also has an established healthcare industry, supportive government facilities, and the availability of funds for the growth of the European fortified baby food market in the region. The higher number of working women in the region is also expected to contribute towards the high market share to be acquired from this region over the review period.
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