MarkNtel Advisors analyses the growth rate of the India Baby Food market in the forecast period from 2024 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the India Baby Food market, helping them make informed decisions.
Market Outlook – 2024-2030:
The India Baby Food Market size was valued at around USD 6.5 billion in 2023 and is estimated to grow at a CAGR of about 14% during the forecast period, i.e., 2024-30.The primitive factors attributing to the growth of this food in India are increasing urbanization, rising medical complications, and the changing lifestyles of women. This food is referred to as soft & easy-to-consume food products manufactured for infants & toddlers. These products are commonly available in milk formula, prepared & dried baby food variants, and are produced using mashed vegetables, fruits, and cereals. It acts as a source of various nutrients, such as vitamins & carbohydrates for toddlers.
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Key Company Profiles
This report explores recent significant developments in the India Baby Food Market, focusing on the leading companies and their innovative profiles. The major players in the India Baby Food Market, featured in this report, include:
- Nestlé India Ltd
- Nutricia International Pvt Ltd
- Abbott India Ltd
- Raptakos Brett & Co Ltd
- Mead Johnson Nutrition India Pvt Ltd
- Scientific Brain Nutraceutical Pvt. Ltd.
- Saipro Biotech Private Limited
- Happa Foods
- Early Foods
- Gerber
- Others (First solid, Heinz, etc.)
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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the India Baby Food Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Product Type
- Processed Baby Food
- Milk Formula
- Standard Milk Formula
- Follow-on Milk Formula
- Growing-Up Milk Formula
- Special Baby Milk Formula
- Dried Baby Food
- Other Baby Food
- Liquid Standard Milk Formula
- Powder Standard Milk Formula
- Liquid Follow-on Milk Formula
- Powder Follow-on Milk Formula
Among them, the Milk Formula acquired a significant share in the historical year and is estimated to gain a notable share in the coming years.
- By Distribution Channel
- Retail Offline
- Grocery Retailers
- Convenience Retail
- Convenience Stores
- Forecourt Retailers
- Supermarkets
- Hypermarkets
- Discounts
- Warehouse Clubs
- Food/drink/tobacco/specialist
- Convenience Retail
- Non-Grocery Retailers
- General Merchandise Store
- Vending
- Direct Selling
- Grocery Retailers
- Retail E-Commerce
- Retail Offline
- By Age Group
- 3+ years
- 1-3 years
- By Category
- Organic
- Inorganic
- By Region
- North
- East
- West
- South
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What are the primary factors driving the growth of the India Baby Food market?
Changing Lifestyles & Eating Habits Leading to Various Medical Complications in Women – The increasing urbanization in India has led to a change in the lifestyle patterns of individuals, especially women in India. The changing lifestyle such as long working hours & eating habits like consumption of alcohol, caffeine, red meat, unpasteurized milk, and other fast food products have resulted in acute medical conditions in women. These medical conditions include Preeclampsia, Preterm Labor, etc., which causes postpartum complications and to overcome these complications the women are kept on heavy medications. The consumption of medicines by the lactating mother poses a great risk to the newborn babies, hence the mothers prefer the infant formula & the baby formula.
Additionally, according to the India Skills report 2022, the rate of employable women is steadily expanding and is recorded to be over 51.44% in 2022. Therefore, the rising working women population is likely to increase the reliability of women on this nutriment in the coming years, as it acts as a complete solution for the development of toddlers.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
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