The North America baby food and infant formula market size reached US$ 10.4 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 17.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2023-2032.
Baby food comprises of soft, pureed or easy to consume food variants including fruits, cereals, meats and vegetables. Infant formula refers to the processed food infused with distinct ingredients that serve as a replacement for breast milk. These edible products are consumed by babies of 0-2 years age as they lack a developed mastication system. The baby food and infant formula acts as the main source of minerals, calories and vitamins for the babies.
North America is amongst one of the biggest markets for baby food and infant formula products in the world. Increasing disposable incomes, new product innovations and high birth rate are some of the main drivers for baby food and infant formula market in the region. In addition to this, increasing working women population, easy availability and inability to breastfeed have also fueled the demand of baby food and infant formula products. Rising awareness towards the health benefits as well as expanding globalization will continue to boost the baby food and infant formula market in the region.
2. What is the expected growth rate of the North America baby food and infant formula market during 2024-2032?
3. What are the key factors driving the North America baby food and infant formula market?
4. What has been the impact of COVID-19 on the North America baby food and infant formula market?
5. What is the breakup of the North America baby food and infant formula market based on the type?
6. What is the breakup of the North America baby food and infant formula market based on the distribution channel?
7. What are the key regions in the North America baby food and infant formula market?
Baby food comprises of soft, pureed or easy to consume food variants including fruits, cereals, meats and vegetables. Infant formula refers to the processed food infused with distinct ingredients that serve as a replacement for breast milk. These edible products are consumed by babies of 0-2 years age as they lack a developed mastication system. The baby food and infant formula acts as the main source of minerals, calories and vitamins for the babies.
North America is amongst one of the biggest markets for baby food and infant formula products in the world. Increasing disposable incomes, new product innovations and high birth rate are some of the main drivers for baby food and infant formula market in the region. In addition to this, increasing working women population, easy availability and inability to breastfeed have also fueled the demand of baby food and infant formula products. Rising awareness towards the health benefits as well as expanding globalization will continue to boost the baby food and infant formula market in the region.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the North America baby food and infant formula market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on type and distribution channel.- Key Regions Analyzed
- United States
- Canada
- Analysis for Each Country
Market by Type
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Others
Market by Distribution Channel
- Supermarkets and Hypermarkets
- Pharmacies
- Convenience Stores
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report
1. How big is the North America baby food and infant formula market?2. What is the expected growth rate of the North America baby food and infant formula market during 2024-2032?
3. What are the key factors driving the North America baby food and infant formula market?
4. What has been the impact of COVID-19 on the North America baby food and infant formula market?
5. What is the breakup of the North America baby food and infant formula market based on the type?
6. What is the breakup of the North America baby food and infant formula market based on the distribution channel?
7. What are the key regions in the North America baby food and infant formula market?
Table of Contents
1 Preface3 Executive Summary13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Baby Food and Infant Formula Market
6 North America Baby Food and Infant Formula Market
7 North America Baby Food and Infant Formula Market: Breakup by Type
8 North America Baby Food and Infant Formula Market: Breakup by Distribution Channel
9 North America Baby Food and Infant Formula Market: Breakup by Country
10 SWOT Analysis
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 123 |
Published | March 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 10.4 Billion |
Forecasted Market Value ( USD | $ 17.1 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | North America |