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Baby Food Market Size
- Report ID: GMI3184
- Published Date: Jan 2023
- Report Format: PDF
Baby Food Market Size
Baby Food Market size exceeded USD 88 billion in 2022 and is projected to expand at more than 5.3% CAGR from 2023 to 2032.
Increased consumer spending on newborn baby products and the growing global birth rate will boost the baby food market growth. Furthermore, the benefits of store-bought baby foods like its enhanced convenience in preparation and longer shelf-life will foster the product adoption.
Strict government regulations and new testing procedures and rules could impact product sales during the forecast period. For instance, the North America Federal Food, Drug, and Cosmetic Act (the Act), 21 USC 321 et seq., which was passed in May 2022, mandates requirements related to the nutrient content, quantity, quality, record keeping, and recalling of infant formulas. Concerns related to product contamination and recalls could impact the revenue of baby food businesses and manufacturers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Baby Food Market Size in 2022: | USD 88 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.4% |
| 2032 Value Projection: | USD 150 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 700 |
| Tables, Charts & Figures: | 556 |
| Segments covered: | Product, Distribution Channel, Age Group, Category and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Baby Food Market Scope
