Press Release
Press Release
The Asia Pacific region holds a significant share of the baby food industry owing to rapid urbanisation. The inflating disposable income and hectic lifestyles of parents are increasing the consumption of baby food products in the region. Moreover, the exponential population growth and healthy birth rates are surging the demand for baby products, which is augmenting the industry growth. The expansion of distribution channels such as supermarkets and convenience stores in developing countries is increasing the accessibility of baby foods, hence invigorating the market growth. In addition, China is one of the biggest markets of baby food as the spending on baby products increased due to the two-child policy, therefore contributing to the overall market growth.
Nestlé SA (OTCMKTS: NSRGY), one of the leading companies of the market, announced on May 2021 that NAN PRO 1 Infant Formula would be available in the new pack size offered at BJ’s Wholesale Club. The company also lowered the price on existing pack sizes across partner retailers such as Amazon, Walmart, HEB, Kroger, and ShopRite to further its commitment to ensuring accessibility of quality nutrition for infants. The company, through this measure, is evolving its portfolio and product pricing to meet the demand of parents and retail partners. The new packs would increase the popularity of NAN’s high-quality and easy-to-digest formula by making it more accessible to consumers in the United States. The expansion of distribution channels as well as products portfolio by major companies is expected to augment the market growth.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global market for baby food are Nestlé SA, Abbott Laboratories, Beech-Nut Nutrition Company, Bellamy’s Organic Pty Ltd, Danone S.A., Hero Group, and Mead Johnson & Company, LLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.