Baby Food and Formula Market 2017 : Focus on Industry, Growth, Size, Share, Dyna

Posted by akshayparmar on November 16th, 2017

Baby Food and Formula Market (Product – Infant Formula, Baby Cereals and Dried Baby Food, Prepared Baby Food, Others) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2017 - 2025, the India and China baby food and formula market in 2016 was valued more than US$ 4 Bn and is estimated to expand with a CAGR of 8.5% from 2017 to 2025.

View Full Report with TOC @ http://www.acutemarketreports.com/report/baby-food-and-formula-market

Market Insights:

Developing economies have emerged as the most promising markets for various consumer goods in past few years. Amongst these, India and China are regarded as the markets with the largest size of consumer base. These countries have witnessed rapid urbanization coupled with strong economic growth since the past few years. People here are now more aware regarding healthcare (especially infant care) and brand-named convenient products. Thus, many international baby care product brands have focus on capturing the huge consumer base in the countries. The most significant factor fueling the baby food and formula products market is the rising discretionary income of the people along with the increasing healthcare awareness.

Steadily rising birth rate across India and China is another significant factor supporting the market growth. Although the overall birth rate per year is has decreased significantly since the past few years, the rate is estimated to remain steady in the coming years. India and China account for substantial share of the global population making the countries favorable for various consumer products. Over the period of time, India and China have emerged as the most promising markets for baby food, mainly due to their strong birth rate and rising expenditure over baby care products.

 

Competitive Insights:

The India and China baby food and formula market is consolidated in nature with a few major international players contributing to more than fifty percent of the total regional market revenue. The market players primarily compete on the basis of their products, price and brand-name. Major point of focus in competition is product development for babies aging below six months and organic baby food. Another major area of focus is attractive packaging of their products. Attractive packaging plays crucial role in case of baby products as it largely helps driving the consumers.

Key Trends:

• Organic baby food products for better health
• Focus on India and China by launching price competitive products
• Expansion and enhancement of distribution channel and marketing strategy in India and China
• Online product promotion
• Brand-name promotion"

About - Acute Market Reports :
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.

Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.

Contact Us :

Name : Chris Paul

ACUTE MARKET REPORTS

Designation : Global Sales Manager

Toll Free(US/CANADA): +1-855-455-8662

Email : sales@acutemarketreports.com

Website :http://www.acutemarketreports.com

Like it? Share it!


akshayparmar

About the Author

akshayparmar
Joined: July 31st, 2017
Articles Posted: 1,226

More by this author