Baby Food Market: Industry Overview, Trends and Growth Opportunities Forecasted Till 2030Posted by Pearl Smith on October 11th, 2022  In addition to breastmilk or any infant formula prepared specifically for newborns between the ages of four and six months and two years, baby food is a soft food that children can easily consume. Infant food comes in a variety of tastes and kinds that can be purchased from prepared food stores or any handmade crushed meal for easier breakdown and digestion. Key players operating in the global baby food market are Morinaga Milk Industry Co. Ltd., Kraft Heinz Company, Nestle S.A., Groupe Danone, Bristol-Myers Squibb, Abbott Laboratories, Hain Celestial Group, Hero Group, and Cargill Inc. The world market for baby food is expected to expand as a result of the increasing number of infants. For instance, according to the guardian.com, more than 130 million babies are born year worldwide and the number is expected to reach 11 billion by the year 2100. The expansion of supermarkets and retail stores is also projected to fuel the growth of the global infant food market. By 2020, Walmart will have 10,902 retail locations, while the Schwarz group will have 12,500 locations worldwide. https://chemicalindustryworld.blogspot.com/2022/10/rising-infant-population-to-boost.html Like it? Share it! More by this author |