The Asia-Pacific Baby Food Market was worth USD 10.26 billion in 2018 and estimated to be growing at a CAGR of 7.42%, to reach USD 14.68 billion by 2023. Asia-Pacific is the largest market for milk products, occupying more than half of the overall global market share.
The overall baby food products market in Asia–Pacific region is on rise mainly due to large variability and ease of shopping. Also, the own brand products from retail chains/supermarkets are also giving firm competition to larger branded products companies.
Some of the key reasons such as varying socio economic trends, growing end user awareness as well as recent goods and binding, developed industrialization and mass production of preserved goods, increasing importance of publicity and the detection of vitamins in vegetables and fruits are the major drivers advancing the market growth. Though, deteriorating birth rates and dearth of practice to nourish home cooked food to babies are some of the factors obstructing the market.
Asia-Pacific market for Baby Food is segmented by health benefits into Immune system, Brain and Eye development, Muscular growth, Bones and Teeth development, Blood Enhancement, Nervous System, Vascular System and Body Energy. Based on ingredients the market is divided among Cereals, Milk Products, Fruits, Vegetables and Meat Products. Further, cereals segment is sub divided into Oatmeal, Rice, Barley and Mixed. Milk Products segment is bifurcated into Animal Milk and Yogurt. Milk Products segment developed as the largest provider to the baby food market in terms of revenue, primarily driven by the rising awareness towards baby nutrition and a reduction in breast feeding among the working women population.
Geographically the market is segmented into China, India, Japan, South Korea and Australia. China along with India are driving the Asia-Pacific region market and expected to witness substantial annual compound growth rate.
New food technological advancement has been enabling market players to propose good quality products with nutritional benefits. Nestle SA has been dominating the baby food market. Danone, H.J. Heinz, Bristol-Myers Squibb, Abbott Nutrition, Plasmon, Baby Organix, Beech Nut, Fasska, SMA Nutrition, Stonyfield Farm, Babynat and Hero are some other key market players in baby food market.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Health Benefits
5.1.1 Immune system
5.1.2 Brain and Eye development
5.1.3 Muscular growth
5.1.4 Bones and Teeth development
5.1.5 Blood Enhancement
5.1.6 Nervous System
5.1.7 Vascular System
5.1.8 Body Energy
5.2 By Ingredients
5.2.1 Cereals
5.2.1.1 Oatmeal
5.2.1.2 Rice
5.2.1.3 Barley
5.2.1.4 Mixed
5.2.2 Milk Products
5.2.2.1 Animal Milk
5.2.2.2 Yogurt
5.2.3 Fruits
5.2.4 Vegetables
5.2.5 Meat Products
6. Geographical Analysis
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Nestle SA
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Danone
8.3 H.J. Heinz
8.4 Bristol-Myers Squibb
8.5 Abbott Nutrition
8.6 Plasmon
8.7 Baby Organix
8.8 Beech Nut
8.9 Fasska
8.10 SMA Nutrition
8.11 Stonyfield Farm
8.12 Hero
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
