Global Baby Food Market Worth US$37.6 Billion by 2014

WILMINGTON, Delaware, July 29 /PRNewswire/ — According to a new market
research report, ‘Global Baby Food Market (2009-2014)’, published by
MarketsandMarkets (www.marketsandmarkets.com), the global baby food market is
expected to be worth US$37.6 billion by 2014, recording an estimated CAGR of
5.0% from 2009 to 2014. The North American market is expected to account for
nearly 37% of the total revenues.

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The target consumers of commercially-available baby food range from
infants (babies aged 6 to 12 months) to toddlers (children up to three years
old). Baby food is available in various flavors and in both solid and liquid
form. Modern-day time constraints have reduced the use of homemade baby food
in both developed as well as developing nations. While U.S. and Europe hold a
major share of the global baby food market, emerging economies such as China,
India, Brazil, Russia, and Romania represent a high growth rate.

Bottled baby food forms the largest market segment; and is expected to
reach US$9.9 billion by 2014 at a CAGR of 4.9% from 2009 to 2014. The markets
for baby cereals and frozen baby food are estimated to record revenues of
US$9.9 billion and US$ 7.8 billion respectively in 2014 on account of the
increasing awareness about baby food products especially in Asia, The markets
for baby soups and snacks – estimated to be US$ 3.9 billion and US$5.9
billion in 2014 – present good opportunities as these markets currently have
only a limited number of products.

North America is the largest baby food market
(www.marketsandmarkets.com/Market-Reports/baby-food-global-market-75.html)
and is expected to be worth US$14.17 billion by 2014, accounting for nearly
37% of the total revenues. Europe is the second largest segment and is
expected to reach US$10.8 billion by 2014 with a CAGR of 4.4%. The Asian baby
food market is expected to grow at the highest CAGR of 8.6% from 2009 to 2014.

    Scope of the Report

    This report aims to identify and analyze baby food products, as per type,
    health benefits offered, and target age group.

    The report segments the baby food product market into the following
    micro-markets:

    - Bottled baby food market (juices, purees, milk products)
    - Baby cereals market (rice, oatmeal, barley, mixed cereals)
    - Baby snacks market (puffs, biscuits, cookies, rusks)
    - Baby soup market (veg soups, non-veg soups)
    - Frozen baby food market (frozen fruit, veg frozen food, non-veg frozen
      food)

    The baby food market is also categorized as per the health benefits of
    its various products, which aid the development of:

    - Brain and eye
    - Bones and teeth
    - Muscles and bones
    - Immune system
    - Nervous system
    - Vascular system

    The baby food market is also categorized as per the age group of the
    target consumer:

    - Newborn (zero to six months)
    - Infant (six to twelve months)
    - Toddler (one to two years)
    - Pre-schooler (two to three years)

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SOURCE MarketsandMarkets