Revenue During the Period 2016-2020, at a CAGR of 7.95% of Global Baby Food and Infant Formula Industry
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About the Baby Food and Infant Formula Market
Infant formula is either a partial or a complete replacement for breast milk for infants aged under one- year old. It is available in concentrated liquid, powder, or ready-to-use formats. It is provided to meet nutritional needs and encourage the healthy physical and mental development of infants.
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Baby food products are provided to children up to four years of age. These are easy to prepare, soft, and have the right nutrient balance for the healthy overall development of babies. The different kinds of baby foods include cereals, soups, juices, and snacks, comprising grains, vegetables, and fruits in mashed form to enable easy consumption.
Technavios analysts forecast the global baby food and infant formula market to grow at a CAGR of 7.95% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global baby food and infant formula market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of baby food and infant formula in terms of revenue.
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The market is divided into the following segments based on geography:
Americas
APAC
Easter Europe
MEA
Western Europe
Technavio's report, Global Baby Food and Infant Formula Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Abbott Nutrition
Danone
HiPP
Kraft Heinz
MJN
Nestl
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