United States Baby Food Market
United States Baby Food Market at Steady CAGR to Touch USD 11 Billion by 2030
Published | 06 November 2024
United States Baby Food Market is booming primarily due to an increasing female workforce participation, parents’ increasing focus on the growth, health, and wellness of their children, and innovative product customization.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Baby Food Market size by value at USD 8.3 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Baby Food Market size to expand at a CAGR of 4.4% reaching a value of USD 10.9 billion by 2030. The Baby Food Market in United States is propelled by an evolving consumer preferences, with parents increasingly seeking convenient, nutrient-dense baby food. The emphasis on organic, chemical-free options, especially among millennial parents, has fueled demand. Moreover, the emergence of meal-kit delivery services, offering fresh, customized baby food preserved through HPP, has significantly contributed to the growth of United States Baby Food Market in the coming years.
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Infant Formula Product Type Leads United States Baby Food Market
The infant formula segment dominates United States Baby Food Market by product type, driven by its versatility and convenience. Infant formula products, including powdered and ready-to-feed options, provide essential nutrients and energy, especially when breastfeeding is insufficient or impractical. Manufacturers continue to innovate, offering a diverse range of formulas to meet the evolving needs of infants and parents. The other major product type segments in United States Baby Food Market include snacks, purees, cereals, and juice & smoothies.
Impact of Escalating Geopolitical Tensions on United States Baby Food Market
Intensifying geopolitical tensions could have a significant impact on United States Baby Food Market. Supply chain disruptions, price fluctuations, and trade restrictions can hinder growth and increase costs for manufacturers. These factors may ultimately impact the affordability and availability of essential baby food products. Consequently, escalating geopolitical tensions could affect the growth of United States Baby Food Market may affect the growth of United States Baby Food Market.
Competitive Landscape
United States Baby Food Market is highly fragmented, with numerous players serving the market. Key players dominating the market include Nestlé (Gerber), Abbott Laboratories (Similac), Beech-Nut Nutrition, Earth's Best Organic, Happy Family Organics, Plum Organics, Sprout Foods, Nuby, and Little Tummy Co. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in United States Baby Food Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Baby Food Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Baby Food Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
United States |
Product/ Service Segmentation |
Product Type, Demography, Nature, Distribution Channel |
Key Players |
Nestlé (Gerber), Abbott Laboratories (Similac), Beech-Nut Nutrition, Earth's Best Organic, Happy Family Organics, Plum Organics, Sprout Foods, Nuby, Little Tummy Co. |
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Related Report
Publish Date: November 2024
A rising number of working women and their increasing focus on the growth, health, and wellness of their children, and baby food product innovations and customization are expected to drive United States Baby Food Market during the forecast period between 2024 and 2030.
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