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Pulished Date April, 2021
ID: 998
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Latin America Baby Food Market by Product (Prepared Baby Food, Dried Baby Food, Milk Formula), by Distribution channel (Online, Offline) and By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 998
Pages: 138

Latin America Baby Food Market Growth and Forecast (2021-2026):

Latin America baby food market Size remained at $3.87 billion in 2017. Over the estimated time of 2021-2026, the market development is supposed to sling with a 6.76% CAGR, bringing about an income portion of about $7.05 billion, by 2026. Latin America is the most encouraging business sector for the baby food market. Brazil, Mexico, Argentina, Chile and Venezuela are the significant nations, which contribute considerably to this current market's development.

Presentation of new items and formulae and considerable interests in advancing the things, which further prompts better correspondence between the item producers and purchasers, are the main drivers for the Brazilian market. Mexico's infant care showcase is likewise developing at a consistent pace. A few promoting efforts from baby products producers and sellers added to the higher deals of the baby food market right now. In any case, the ineffectively performing economy is as yet a fundamental limitation for this area.

Key Market Trends:

Expanding Demand for Organic Baby Food

Since the populace is ceaselessly ascending in Latin America, the purchasers in these areas are prepared to spend additional cash on infant baby food items so that they can furnish their kids with quality and nutritious food from the underlying stages. With the expanding discretionary cashflow, customers are not reluctant to go for the natural baby food and think of it as an essential item for their kid's medicinal services, regardless of whether they're exceptionally evaluated. Believed brands selling the baby foods in Latin America give an affirmation of value to customers with dynamic market crusades and advancements. Because of various sanitation occurrences as of late, especially in Latin America, purchasers right now esteeming security, food arrangement techniques and ingredients added to it. Accordingly, most of the customers are picking everyday items of baby food over others.

Interest for Complete Nutrition Foods has Gone Up.

The populace in Latin America has expanded over the most recent couple of years, which brought about hearty development of the general Latin America baby food market. Besides, developing mindfulness about the upsides of baby food and more noteworthy extra cash have added to the growth of this market. Development in Latin America child nourishment is additionally determined by an upsurge in the expanding number of working ladies populace, which has expanded the baby food market development.

Drivers:

  • Growing concerns about the health and nutrition of the children among their parents and guardians.
  • Rise in a number of working parents, especially women.
  • The increased spending power of people.
  • Growing urbanization and changing lifestyles
  • The growing popularity of infant formula.

Restraints:

  • Declining birth rates.
  • Women empowerment
  • Health risks

Latin America Baby Food Market Segmentation Analysis:

Latin America baby food market is sectioned dependent on the product, distribution channel and topography.

By Product:

  • Prepared Baby Food
  • Dried Baby Food
  • Infant Milk Formula
  • Others (Biscuits, Puffs, and Snacks)

Among these, the infant milk formula segment has established a strong pipeline in the regional business due to the increasing demand from the working community. The quick assistance offered by this product to busy women has promoted the expansion in this sector recently. It is also predicted to expand with a notable growth rate in the foreseen years.

By distribution:

  • Offline
  • Online

Offline sales comprising supermarkets, retail stores, grocery stores and others have jointly accounted for the dominant portion in the Latin American baby food market. However, with the increasing digitization, online purchases have been increasing, creating tremendous growth potential for the respective segment in the local business.

Regional Analysis:

Geographically, the Latin America baby food market is segmented into Mexico, Brazil and Argentina. Brazil has the highest baby population dominating the Latin America market and expected to continue its dominance over the forecast period. Brazil and Mexico are supposed to show significant expansion during the outlook period.

Moreover, Brazil baby food market is anticipated to be the fastest-growing in this area. The rest of Latin America nations, such as Argentina, Peru, Chile, Venezuela and others, are also progressing at a notable rate. Augmenting demand from consumers, along with new product launches and trending marketing activities by both overseas and local players, are pushing the demand in this market ahead.

Key Players in the Market:

Major Key Players in the LA Baby Food Market are

  • Perrigo Company Plc
  • Baby Gourmet Foods Inc
  • Nestle Sa
  • Mead Johnson Nutrition Company
  • Abbott Nutrition
  • Morinaga Milk Industry Co Ltd
  • The Kraft Heinz Company
  • Hipp
  • Danone Sa
  • Hero Ag
  • Beech-Nut Nutrition Corporation
  • Gerber Products Company
  • Plum
  • PBC (Plum Organics)
  • Beingmate Group Co Ltd

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modeling        

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferences          

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restraints    

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquisition Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Baby Food Market, By Product Type         

                   6.1.1 Dried Baby Food     

                   6.1.2 Milk Formula

                   6.1.3 Prepared Baby Food

                   6.1.4 Market Size Estimations & Forecasts (2020 -2025)  

                   6.1.5 Y-o-Y Growth Rate Analysis       

                   6.1.6 Market Attractiveness Index       

          6.2 Baby Food Market, By Sales Channel                  

                   6.2.1 Online

                   6.2.2 Offline

                   6.2.3 Market Size Estimations & Forecasts (2020 -2025)  

                   6.2.4 Y-o-Y Growth Rate Analysis       

                   6.2.5 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Latin America - Market Analysis (2020 - 2025)          

                   7.2.1 By Country   

                             7.2.1.1 Brazil

                             7.2.1.2 Argentina

                             7.2.1.3 Mexico

                             7.2.1.4 Rest of Latin America

                   7.2.2 By Product Type     

                   7.2.3 By Sales Channel    

8. Key Player Analysis                         

          8.1 Nestle SA                  

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Danone SA                

          8.3 Mead Johnson & Company LLC                

          8.4 Perrigo Company PLC          

          8.5 Abbott Laboratories            

          8.6 The Campbell Soup Company                  

          8.7 Hero Group               

          8.8 Bellamy's Organic Pty Ltd              

          8.9 H. J. Heinz Company           

          8.10 Hain Celestial Group          

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product Type, Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Latin America Baby Food Market By Product Type, From 2021-2026 ( USD Billion )
  2. Latin America Dried Baby Food Market By Region, From 2021-2026 ( USD Billion )
  3. Latin America Milk Formula Market By Region, From 2021-2026 ( USD Billion )
  4. Latin America Prepared Baby Food Market By Region, From 2021-2026 ( USD Billion )
  5. Latin America Baby Food Market By Sales Channel, From 2021-2026 ( USD Billion )
  6. Latin America Online Market By Region, From 2021-2026 ( USD Billion )
  7. Latin America Offline Market By Region, From 2021-2026 ( USD Billion )
  8. Brazil Baby Food Market By Product Type, From 2021-2026 ( USD Billion )
  9. Brazil Baby Food Market By Sales Channel, From 2021-2026 ( USD Billion )
  10. Argentina Baby Food Market By Product Type, From 2021-2026 ( USD Billion )
  11. Argentina Baby Food Market By Sales Channel, From 2021-2026 ( USD Billion )
  12. Mexico Baby Food Market By Product Type, From 2021-2026 ( USD Billion )
  13. Mexico Baby Food Market By Sales Channel, From 2021-2026 ( USD Billion )
  14. Rest of Latin America Baby Food Market By Product Type, From 2021-2026 ( USD Billion )
  15. Rest of Latin America Baby Food Market By Sales Channel, From 2021-2026 ( USD Billion )

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