United States baby food and infant formula market will attain US$ 13.95 billion by 2032, up from US$ 8.84 billion in 2023, with a CAGR of 5.20% from 2023 to 2032.
United States Baby Food and Infant Formula Market Definition
Baby food and baby formula are soft mashes of fruits, vegetables, and grains for childrens aged 4 months to 2 years. They are considered great options for breast milk as they offer important nutrients that promote infant growth. Since babies no longer have the muscle groups and enamel to chew successfully, baby food and infant components are their number one sources of nutrition. Due to their comfort and multiplied nutritional value, parents are increasingly turning to packaged meals. According to the Bureau of Labor Statistics, the percentage of employed ladies in the United States is expected to attain 56.8% by 2022.
In the American baby food and infant formula sector, parent's expertise of the dietary content of infant meals plays a significant role as companies look to take advantage by introducing organic infant feeding products without artificial fertilizers, pesticides, hormones, antibiotics, and other chemical compounds. The growing demand for RTD baby meal products, influenced by busy schedules and elevated consumer spending, contributes considerably to the marketplace boom. The extended presence of online retail channels, brand promotion, and social media advertising significantly expanded the baby food and infant formula enterprises in the United States.
New product introductions are essential for generating demand in the US baby food and infant formula industry. Successful product launches help the marketplace grow by increasing a broader range of products. These upgrades increase the company’s revenue and increase its client base, stimulating innovation. New product releases permit the agency to beautify its market share and gain a competitive advantage over competitors, emphasizing the potential for increase in this dynamic market.
The US baby food and infant formulation industry is experiencing an uptick in sustainable practices and green packaging as parents increasingly prioritize environmental values. Companies are addressing this trend by implementing sustainable production, packaging, and distribution methods. There is a growing demand for recyclable and biodegradable packaging alternatives, consisting of stand-up zipper pouches crafted from recyclable substances. This shift aligns with mounting environmental worries and reflects parents' preference for the best merchandise for their children and the planet.
United States Baby Food and Infant Formula Company Analysis
Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestlé, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group plc, and Danone are among the leading players in the US Baby Food and Infant Formula Market, employing a variety of strategies to increase market share, boost profitability, and maintain competitiveness.
Some of the prominent player in the US Baby Food and Infant Formula Market includes Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestlé, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group p.C., and Danone.
United States Baby Food and Infant Formula Company News
Similac debuted a new range of organic formulas in July 2023, responding to parents' growing desire for natural and clean-label goods.
Enfamil developed a formula in June 2023 that addresses the nutritional needs of newborns with allergies, earning excellent comments from medical professionals.
In March 2023, Gerber partnered with a dietitian to provide a handbook for parents on newborn feeding habits and nutritional requirements.
In May 2023, Arla Foods Ingredients introduced Lacprodan Alpha-50, an infant formula component high in alpha-lactalbumin (alpha). This unique release was specifically designed to meet the growing need for formulations with lower protein content.
Else Nutrition Holdings inked a distribution deal with United Natural Foods (UNFI) in March 2021, covering over 30,000 retail stores in the United States. The transaction will boost the company's foothold in the United States.
In January 2021, Bobbie introduced the first organic, European-style infant formula with a DHA content that fulfills FDA regulations in the United States.
Types - Market is divided into 4 viewpoints
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Others
Distribution Channel - Market is divided into 4 viewpoints
- Supermarkets and Hypermarkets
- Pharmacies
- Convenience Stores
- Others
Region - Market is divided into 4 viewpoints
- Northeast
- Midwest
- South
- West
Company Insights:
- Overviews
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Key Players covered in the report are:
- Abbott Laboratories
- Kraft Heinz Company
- Hero Group
- Hain Celestial Group Inc.
- Nestlé
- Lactalis (Stonyfield Farm, Inc.)
- Reckitt Benckiser Group P.C.
- Danone
Table of Contents
Companies Mentioned
- Abbott Laboratories
- Kraft Heinz Company
- Hero Group
- Hain Celestial Group Inc.
- Nestlé
- Lactalis (Stonyfield Farm, Inc.)
- Reckitt Benckiser Group P.C.
- Danone
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | June 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 8.84 Billion |
| Forecasted Market Value ( USD | $ 13.95 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | United States |
| No. of Companies Mentioned | 8 |
