Global Baby Food Market Research Report: Forecast (2022-2027)

Market Definition

Baby food is a variety of food items to satisfy the nutritional needs of babies. In accordance with the European Union Regulations, these products are specifically formulated and comprise the following categories:

• Processed baby food for babies
• Formula for follow-up
• Infant formula
• Formula for young children
• Other baby food

It is crucial for food manufacturers to ensure that the nutritional infant food market is properly controlled and contains a bio-available mixture of nutrients, without hazardous substances within. Additionally, macronutrients and micronutrients like carbohydrates, protein and fats, vitamins, minerals and more. They are also considered as possible sources of nutrition. These nutrients are included in regulated amounts and with minimum and maximum limits.

Market Insights

The Global Baby Food Market is expected to grow from USD 71.89 Billion in 2021 to USD 89.25 Billion in 2027 at a CAGR of around 4.50% during 2022-27. The growth of the market attributes primarily to the increasing number of infants, the mounting awareness about the nutritional baby food market, and the surging affordability levels of people due to their rising per capita income. Besides, the continually growing number of working females also displays an inclination toward baby food, thereby fueling the overall market growth.

Additionally, the increasing demand for instant milk & protein formulas, energy-boosting supplements, and ready-to-eat baby food products containing all the necessary proteins & dietary supplements to ensure optimal baby growth are other crucial aspects anticipated to drive the market in the coming years.

Moreover, UNICEF (United Nations International Children’s Security Fund) has estimated that half of the deaths in children aged below 5 years are due to an alarming malnutrition level among them. Therefore, malnutrition & existing hunger across developing & underdeveloped countries are projected to create lucrative growth opportunities for the leading players in the market.

Covid-19 Positively Influenced the Global Baby Food Market

• The Covid-19 pandemic had a diminishing impact on the majority of industries. However it was the Global Baby Food Market observed an improvement.
• Since the baby food items are classified under essentials, their need was in line with the grocery stores that were allowed to operate.
• The behavior of panic buying of a lot of parents due to the uncertainty surrounding locks and restrictions on movement made online and in-store stores without baby products.
• The baby food market experienced an increase in sales across developing and developed countries.
• However, in the emerging nations supply chain disruptions and lower consumer spending because of financial instability resulted in a slowing of market growth.