Thursday, April 27, 2023

Baby Food Market is Expected to Grow at a CAGR of 5.3% by 2029

The Baby Food market was estimated to be worth USD 33.3 billion in 2021 and is anticipated to be worth USD 50.34 billion by 2029, growing at a CAGR of 5.3% from 2022 to 2029. The Data Bridge Market Research team's thorough expert analysis, import/export analysis, price analysis, production consumption analysis, patent analysis, and consumer behaviour are all included in the market study.

Infant nourishment must meet the greatest safety and quality criteria, according to parents. Products from major market participants are often reformulated to appeal to both parents and newborns. Over the projection period, market growth is anticipated to be driven by the rising working-women population and the organised retail industry, particularly in emerging nations.

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Baby Food Market: Country Level Analysis

Baby Food market is analysed and market size information is provided by country, category, product type, age, source, brand, and distribution channel as referenced above.

Based on countries, Baby Food market is segmented into Ghana, Nigeria, Ivory Coast, Togo, Benin, Burkina Faso and Rest of West Africa.

In Baby Food market, Nigeria is dominating due to rising awareness about meeting the nutritional need of babies and increase in number of baby food launches. However, Ghana is dominating due to increase in the number of malnourished baby. While Burkina Faso is dominating the market due to rise in women population in workforce will add to the growth of the market.

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