North America Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

North America Baby Food and Infant Formula Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • December 2019 •
  • 87 pages •
  • Report ID: 5834359 •
  • Format: PDF
The North America Baby Food and Infant Formula market reached a value of US$ 11.4 Billion in 2018. Baby food comprises of soft, pureed or easy to consume food variants including fruits, cereals, meats and vegetables. Infant formula refers to the processed food infused with distinct ingredients that serve as a replacement for breast milk. These edible products are consumed by babies of 0-2 years age as they lack a developed mastication system. The baby food and infant formula acts as the main source of minerals, calories and vitamins for the babies.

North America is amongst one of the biggest markets for baby food and infant formula products in the world. Increasing disposable incomes, new product innovations and high birth rate are some of the main drivers for baby food and infant formula market in the region. In addition to this, increasing working women population, easy availability and inability to breastfeed have also fueled the demand of baby food and infant formula products. Rising awareness towards the health benefits as well as expanding globalization will continue to boost the baby food and infant formula market in the region. Looking forward, the analyst expects the market to reach a value of US$ 15.9 Billion by 2024, registering a CAGR of 5.7% during 2019-2024.

Report Scope:
North America Baby Food and Infant Formula Market

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

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America baby food and infant formula market performed so far and how will it perform in the coming years?
What are the key regions in the North America baby food and infant formula market?
What is the breakup of the North America baby food and infant formula market on the basis of type?
What is the breakup of the North America baby food and infant formula market on the basis of distribution channel?
What are the various stages in the value chain of the North America baby food and infant formula industry?
What are the key driving factors and challenges in the North America baby food and infant formula industry?
What is the structure of the North America baby food and infant formula industry and who are the key players?
What is the degree of competition in the North America baby food and infant formula industry?
What are the profit margins in the North America baby food and infant formula industry?

Report Coverage:
Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States and Canada
Segments Covered: Type and Distribution Channel.

This latest report provides a deep insight into the North America baby food and infant formula market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America baby food and infant formula market in any manner.

Report Customization: Although the analyst has tried to cover everything in the North America baby food and infant formula market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.