According to Transparency Market Research (www.transparencymarketresearch.com) “Baby Food & Pediatric Nutrition Market: Global Analysis and Forecast (2007 – 2017)”Global Baby Food & Pediatric Nutrition Market is estimated to be USD 38.1 billion in 2011 and expected to reach USD 41.5 billion in 2012 and further to USD 63.7billion at a CAGR of 8.93% over the period 2012 to 2017. Milk Formula accounted for the largest share at 54%of packaged baby food market in 2011 and also was the fastest growing segment at 12.13% CAGR during 2007 – 2011. Baby cereals segment accounted for the largest share of Baby food & pediatric nutrition product market at 44.8% in 2011.
September is Baby Safety Month, sponsored annually by the Juvenile Products Manufacturers Association (JPMA). This September, JPMA is helping educate parents and caregivers on sustainable living and green alternatives through our theme, Green is the New Pink and Blue.
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EBaby: The convenience of online shopping will help the industry maintain strong growth
IBISWorld’s Online Baby Product Sales market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.