DUBLIN, Mar. 23, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/4lfwj2/global_baby_food) has announced the addition of the "Global Baby Food and Infant Formula Market 2015-2019" report to their offering.
The Global Baby Food and Infant Formula market to grow at a CAGR of 7.69% over the period 2014-2019.
Infant formulas and baby food products are specially designed for infants and toddlers. These products are easy to consume and provide for the nutritional needs of babies. Baby food products come in a wide variety such as dried food, prepared food, infant milk formula, growing-up milk formula, and follow-on milk formula. Infant formulas and baby food are considered to be nutritional supplements for breast milk.
Growth in the Organized Retail sector is one of the key trends emerging in the market. The growing number of supermarkets, hypermarkets, and convenience stores has helped push demand for baby food and infant formula.
According to the report, the changing lifestyles of consumers is leading to increased sales of baby foods and contributing to market growth. In recent years, there has been a considerable increase in the number of working mothers. Mothers who manage a career might often have to endure long working hours with little time for household responsibilities.
Further, the report states that declining birth rates in developed countries is one of the factors hindering market growth. Increased unemployment because of economic instability in these countries has led many to have babies at later stages of their lives.
Key Vendors
- Abbott Laboratories
- Danone
- Mead Johnson
- Nestlé
Other Prominent Vendors
- Bellamy Organic
- Ella's Kitchen Group
- Friesland
- Hero Group
- HIPP
- HJ Heinz
- Inner Mongolia Yili Industrial Group
- Manna Foods
- Meiji
- Morinaga
- Nurture (Happy Family)
- Parents Choice
- Plum Organics
- Sprout Foods
- Stonyfield Farm
- The Hain Celestial Group
- Wyeth-Ayerst International
For more information visit http://www.researchandmarkets.com/research/4lfwj2/global_baby_food
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
