The baby food market caters to the readymade food requirements of babies and toddlers. The global food market was estimated to have revenue of $3.7 trillion in 2012 and baby food is expected to have a good share in the revenue. The key driver for the baby food market is the increase in number of working parents, especially mothers in urban centers across the globe. This leaves for little time for them to attend to their kids and they have to opt for readymade food. In the U.S. almost 40% mothers are sole or primary breadwinners for their families with children less than 18 years.
However, the major restraint for the market growth is toxins found in packaged food that may affect their central nervous system and cause hormonal abnormalities. In the U.S., the Food Labeling Regulations takes care of the food packaging market. According to this law, the label should clearly mention the minimum age of child for consumption of any baby food. The key challenge for the baby food market is to overcome the safety concerns of the parents and food manufacturers are taking all the measures to address this concern.
Key companies profiled in the report include - Nestle, Abbott Nutrition, H.J. Heinz Co, Ella's Kitchen , Fasska, Halal baby food, Healthy Sprouts Foods Inc, Hipp Organic Baby Food, Little Dish, Plasmon, Plum Mums, Plum Organic, Stages Food, Sweet Pea baby food company, Tasty Baby LLC, Stony Field Farm, Yubao Goat Dairy Co, Ltd and Baby Organix.
GLOBAL MARKET, BY HEALTH BENEFITS
Global Baby Food Market by Ingredients
GLOBAL MARKET, BY GEOGRAPHY