Dallas, Texas (PRWEB) June 25, 2014
The increase in organized retailing globally offers huge potential for this market because these products have a short shelf life, and can be easily spoiled if not stored in hygienic conditions and at a proper temperature. Earlier, retailers found it difficult to sell baby food and infant formula in developing countries because of a lack of storage facilities and the high chances of food becoming spoiled. Supermarkets equipped with cold storage facilities have solved this problem. People also get a lot of information about different aspects of baby food products such as the nutrition content, number of varieties, price, and brand names. Consumers can also compare different attributes of different baby food products. Global players are also able to enter new markets, especially in the APAC region because of the support of organized retailing.
According to the “Global Baby Food and Infant Formula Market 2014-2018” report, growing urbanization is one of the major drivers. In the recent past, developing countries have witnessed rapid urbanization, leading to an increase in disposable income and adoption of modern lifestyles. This has led to an increase in spending on baby food.
This report covers the present scenario and the growth prospects of the Global Baby Food and Infant Formula market during the period 2014-2018. The Global Baby Food and Infant Formula market can be segmented into two divisions, namely the Baby Food and Infant Formula segments.
Global Baby Food and Infant Formula Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and MEA regions, Latin America, North America, and Europe; it also covers the Global Baby Food and Infant Formula market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Global Baby Food and Infant Formula Market: Abbott Laboratories, Danone SA, Mead Johnson & Co. LLC, Nestle SA, Ballamy Organics, Ella’s Kitchen Friesland , H.J. Heinz Co., Hero Group, HIPP, Inner Mongolia Yili Industrial Group Co. Ltd., Manna Foods, Meiji, Morinaga, Nurture Inc., Parent’s Choice, Plum Organics, Stonyfield Farm Inc. , Sprout Foods Inc.
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Key Market Driver
- Growing Urbanization.
Key Market Challenge
- Decline in Birth Rate in Developed Countries.
Key Market Trend
- Growth in Organized Retailing.
Further, the report states that declining birth rates in developed countries is one such challenge. A rise in unemployment in these countries has led many to delay marriage and to plan for babies at a later stage.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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