The ever-increasing population across the globe as well as growing demand for quality nutrition are the key factors driving baby food market. According to United Nations, the world population is forecasted to reach 8.6 billion by 2030, and is likely to reach 9.8 billion in 2050, with around 83 million people being added to the population each year. Besides, rapid urbanization and growing disposable income is expected to propel the market growth in coming years.
Asia-Pacific was the largest baby food market globally in 2017 in terms of sales revenue. This is attributed to the ever-increasing population in Asian countries such as India, Bangladesh, Indonesia, and Myanmar, along with the growing organized retail sector in the region. On the other hand, Middle East & Africa baby food market is expected to witness high growth during the forecast period. The region consists of countries with the highest fertility rates in the world such as Niger, Somalia, Democratic Republic of Congo, Mali and Chad with rates at 7.1, 6.1, 6.0, 5.9 and 5.8 children per woman, respectively.
Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/baby-food-market/report-sample
The increasing working women population with limited time to focus on their baby’s nutritional needs, is pushing the parents to use baby foods. It has become one of the essential foods for babies of working mothers. The hectic lifestyle of mothers is pushing the growth of baby food market. For instance, according to the Office for National Statistics (ONS), 74% of mothers in England (U.K.) were recorded as working-mothers as of September 2018, as compared to 69% five years ago. The number has been steadily increasing since 1996, where 62% were reported as working-mothers. Moreover, growing awareness regarding nutrition and rising disposable income is further propelling the market growth.
The report will provide country-wise baby food market analysis. Some of the major countries that is covered in the report include the U.S., Canada, U.K., Germany, France, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, UAE, Saudi Arabia, Turkey, South Africa, Nigeria, Brazil, Mexico, Argentina.https://soccernurds.com/