According to IMARC Group latest report titled “North America Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on . The report also includes competitor and regional analysis, and contemporary advancements in the market. The North America baby food and infant formula market size reached US$ 9.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.2 Billion by 2027, exhibiting a growth rate (CAGR) of 5.88% during 2022-2027.
Baby food refers to soft, mashed and easy to consume foods, including cereals, fruits and vegetables. On the other hand, infant formula is an ideal substitute for breast milk infused with essential nutrients. Baby food and infant formula are consumed by babies under two years of age as they lack developed teeth and muscles for chewing food.
Request to Get the Free Sample Report: https://www.imarcgroup.com/north-america-baby-food-infant-formula-market/requestsample
Market Trends:
The North America baby food and infant formula market is primarily driven by the growing awareness about the right nutrition among parents. Baby food and instant formula act as primary sources of vitamins, minerals and calories for the babies. Additionally, the increasing working women population, high disposable incomes, and their inability to breastfeed due to stressful and hectic lifestyles are other major growth-inducing factors. Furthermore, the introduction of minimally processed, organic and premium product variants has propelled the market growth. Other factors, including rapid urbanization, shift toward convenience-oriented packaged baby foods, high birth rate and expanding e-commerce sector, are also anticipated to provide a positive market outlook.
View Full Report with TOC & List of Figure:
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
North America Baby Food and Infant Formula Market Segmentation:
Our report has categorized the market based on country, type and distribution channel.
Key Regions Analyzed:
- United States
- Canada
Analysis for Each Country
Market by Type:
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Others
Market by Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacies
- Convenience Stores
- Others
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
