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According to a new report, Global Baby Food Market, published by KBV Research, the global baby food market is expected to reach USD 86,081.3 million by 2022, growing at a CAGR of 7.5%, during the period.
The Asia-Pacific market dominated the Global Baby Food Market in 2015, and would grow at a CAGR of 8.7% during the forecast period. The North America market is expected to attain a market size of $18,150.2 million by 2022. However, Europe market is expected to grow at CAGR of 7% during 2016-2022.
The Milk formula market registered the highest revenue share in the Global Baby Food Market in 2015, and is anticipated to grow at a CAGR of 7.3% during the forecast period. The Prepared baby food market is expected attain a market size of $16,613.7 million by 2022.
The Super Markets segmentis expected growing at a CAGR of 7.3% during the forecast period. However, Small Grocery Retailers market is expected to grow at CAGR of 7.8% during 2016-2022.
The report highlights the adoption of Baby Food, globally. Based on Product Type, the market is segmented into Dried baby food, Milk formula, Prepared baby food and Other Baby Food. Based on Distribution Channel, the Baby Food market is segmented into Super Markets, Hyper Markets, Small Grocery Retailers, Health and Beauty Retailers and Others. The geographies included in the report are North America, Europe, Asia-Pacific, & LAMEA (Latin America, Middle East and Africa). For the better analysis, the geographies are segmented into countries.
Key Companies profiled in the report includes Nestle, Abbott Laboratories, Perrigo Company, Mead Johnson, Hero Group, Campbell, Bellamys Australia and Frieslandcampina.
Full report :- https://www.kbvresearch.com/global-baby-food-market/
The market is segmented based on Product Type, and Geography.