Global Baby Food Market Report and Forecast 2024-2032

Global Baby Food Market Outlook

The global baby food market size reached approximately USD 76.29 billion in 2023. The market is projected to grow at a CAGR of 6% between 2024 and 2032, reaching a value of around USD 128.87 billion by 2032.

Key Takeaways

• Parents increasingly prefer highly nutritious as well as convenient/ pre-prepared baby foods for the holistic development of their children.

• There is a rising demand for multigrain and ancient grains, such as quinoa, chia, buckwheat, and millet in baby food.

• The trend of consuming clean-label products is enhancing the demand for baby food products containing natural ingredients.

Baby food comprises soft, easily consumable food that is specifically developed for human infants between four to six months and two years. Baby food products are used as a substitute for breast milk to provide essential nutrition to infants. They are available in diverse flavours and forms to appeal to both children and parents.

One of the major factors driving the baby food market growth is the growing awareness regarding the importance of nutrition of breast milk which is leading to the rising popularity of baby food containing human milk oligosaccharides (HMO) to strengthen immune system development. Baby food products that can boost the digestive health of infants while providing essential nutrients are increasingly preferred due to the high prevalence of digestive issues among toddlers. Moreover, parents are increasingly preferring low-sugar baby foods to inculcate healthy eating habits in their offspring owing to the rising prevalence of various health-related issues such as obesity, osteoporosis, and high cholesterol, among others.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Trends and Developments

Demand for pre-prepared and convenient baby foods; availability in diverse flavours; emergence of vegetable-enriched formulations; and prominence of functional and fortified food products are the major trends in the baby food market

Baby Food Market Trends

The prominence of superfood and fortified baby food in the market has been steadily increasing, reflecting a growing consumer demand for products that support the health and developmental needs of infants and toddlers beyond basic nutrition. The trend of superfoods is leading to the addition of superfoods, such as berries, acai, beetroots, and pomegranate, among others, in baby food, which can provide both antioxidants and various nutritional components. Moreover, the rising popularity of functional baby food products, which can be rich in calcium, protein, or probiotics, is also invigorating the baby food market development.

Additionally, there is a surge in demand for organic and clean label food products. In June 2023, Nature’s Path Organic Foods acquired Love Child Organics, an organic baby food and children's snack brand based in Canada. By acquiring Love Child Organics, Nature’s Path aims to strengthen its position in the organic food sector, leveraging Love Child’s expertise and product lineup to reach a wider audience and cater to the growing demand for organic and nutritious food for babies.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Segmentation

“Baby Food Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Milk formula accounts for the majority of the baby food market share as it is enriched with the essential nutrients required for proper growth of infants

Milk formula holds the highest share in the baby food market, based on product type. It is designed to closely mimic breast milk, providing essential nutrients necessary for an infant's growth and development which makes it a vital option for parents who are unable or choose not to breastfeed. For working parents and those needing a flexible feeding schedule, milk formula offers a convenient alternative to breastfeeding, allowing for easier feeding by caregivers other than the mother. The segment also benefits from extensive research and development, leading to a wide range of products tailored to different dietary needs and health concerns, such as formulas for babies with allergies, reflux, or those needing extra nutrients.

The baby food market growth is also driven by prepared baby food which offers a wide range of flavours, textures, and nutrient compositions, catering to the developmental stages of infants and toddlers. The convenience of prepared baby food, ready to serve without further preparation, is a significant advantage for busy families. These products are often fortified with vitamins and minerals, helping to ensure that babies receive a balanced diet as they start consuming solid foods.

Hypermarkets and supermarkets maintain their dominance in the market as they offer a broad range of products

Hypermarkets and supermarkets hold significant market share as they offer a broad selection of baby food products, including milk formula, prepared baby food, cereals, and snacks. This variety allows parents to compare and choose products that best meet their child's nutritional needs and preferences. These stores provide a one-stop shopping experience, where consumers can buy baby food alongside their regular grocery and household items and this convenience is a significant factor for busy families.

Small grocery retailers, including local shops and neighbourhood stores, are expected to witness robust growth in the baby food market, as they are often more accessible to consumers, especially in areas where larger supermarket chains are not present and their proximity makes it easier for parents to make quick purchases or buy essentials. These retailers can also offer a more personalised shopping experience, with store owners often able to provide recommendations or order specific products upon request.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

The market players are introducing innovative and organic baby food products to stay ahead of the competition and meet the evolving regulatory landscape

Other major players in the baby food market include Danone S.A., Hero Group, and Mead Johnson & Company, LLC, among others. The market players are actively developing strategies to cater to evolving consumer preferences and regulatory requirements. Their actions are aimed at addressing the nutritional needs of infants and young children and responding to the growing demand for organic, convenient, and health-oriented products.

Baby Food Market Analysis by Region

The Asia Pacific region includes countries with some of the world's largest populations, such as China and India. A large number of people, coupled with a significant number of births each year, creates a massive demand for baby food. Many countries in the APAC region have experienced rapid economic growth, leading to increased disposable incomes and a growing middle class and this economic uplift enables more families to afford commercially prepared baby food. There is also a cultural shift towards Western-style convenience foods in many countries, further boosting the demand for packaged baby food.

The North America baby food market is anticipated to witness a robust growth in the forecast period. The United States and Canada are known for high per capita spending on baby food due to the relatively high income levels as parents in these countries are willing to pay a premium for baby food products that are organic, non-GMO, or boast other health-related claims. There is also a strong emphasis on health and nutrition in North America, with parents looking for baby food products that offer the best nutritional value and are free from harmful additives or contaminants.

Key Highlights of the Report