• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Global Baby Food Market Worth US$37.6 Billion by 2014

Posted on: Wednesday, 29 July 2009, 04:00 CDT

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.

Browse 109 market data tables and in-depth TOC on baby food market. Early buyers will receive 10% customization of reports. http://www.marketsandmarkets.com/Market-Reports/baby-food-global-market-75 .html

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

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.

About MarketsandMarkets

MarketsandMarkets is a research and consulting firm that publishes 120 market research(www.marketsandmarkets.com) reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive. Browse all our 120 titles at www.marketsandmarkets.com.

SOURCE MarketsandMarkets

Source: PR Newswire

More News in this Category