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United States Baby Food and Infant Formula Market Analysis Forecast Report 2024-2032

United States Baby Food and Infant Formula Market Analysis

 

The baby food and infant formula market in the United States is projected to reach a value of US$13.95 billion by the year 2032, showing a significant increase from US$8.84 billion in 2023. This represents a compound annual growth rate (CAGR) of 5.20% from 2023 to 2032.

 

Baby food and infant formula are gentle purees made from a variety of fruits, vegetables, and grains, designed for children from 4 months to 2 years old. They are an excellent alternative to breast milk as they provide essential nutrients that support the healthy growth of infants. Since young children do not yet have the developed oral muscles and teeth required for chewing, baby food and infant formula are crucial sources of sustenance for them. Due to the convenience and enhanced nutritional content, more and more parents are opting for pre-packaged meals. According to the Bureau of Labor Statistics, the percentage of women in the workforce in the United States is projected to reach 56.8% by 2022.

 

 

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Growth Driver in the US Baby Food and Infant Formula Market

 

Increasing Awareness of Infant Nutrition: The growing awareness among parents about the importance of proper nutrition for infants is a major growth driver in the US baby food and infant formula market. Parents today are more informed about the critical role that balanced and nutrient-rich diets play in their child’s early development. This has led to a higher demand for high-quality baby foods and infant formulas that are fortified with essential vitamins, minerals, and other nutrients. Educational campaigns by healthcare providers and government agencies also emphasize the benefits of early nutrition, encouraging parents to invest in premium products that support their child’s growth and development. As a result, manufacturers are increasingly focusing on product innovation to meet these nutritional demands.

 

Rising Working Parent Population: The increasing number of working parents in the United States is another significant driver of the baby food and infant formula market. With both parents often engaged in full-time employment, there is a growing need for convenient and nutritious feeding options for infants. Ready-to-eat baby foods and easy-to-prepare infant formulas provide a practical solution for busy parents who may not have the time to prepare homemade meals. The convenience factor, combined with assurances of nutritional quality, makes these products highly attractive to working families. This trend has led to a surge in demand for packaged baby foods and formulas, prompting companies to expand their offerings and invest in marketing strategies targeting working parents.

 

Advancements in Product Formulation: Innovations in the formulation and manufacturing of baby food and infant formula are driving market growth. Companies are continually researching and developing new products that more closely mimic the nutritional profile of breast milk, incorporating advanced ingredients such as probiotics, prebiotics, DHA, and ARA. These advancements not only improve the nutritional value of baby foods and formulas but also enhance their appeal to health-conscious parents. Additionally, the introduction of organic and non-GMO products caters to the growing segment of consumers who prioritize natural and clean-label options for their infants. The continuous evolution of product formulations keeps the market dynamic and competitive, encouraging further growth.

 

Expansion of Distribution Channels: The expansion of distribution channels, including e-commerce platforms, supermarkets, and specialty stores, has significantly boosted the accessibility and availability of baby food and infant formula products. Online retailing, in particular, has experienced rapid growth, offering parents the convenience of purchasing products from the comfort of their homes. Subscription services and direct-to-consumer models also provide added convenience and ensure a steady supply of baby food and formula. The broadening of distribution networks allows manufacturers to reach a wider audience and cater to the diverse needs of parents across different regions. Enhanced accessibility through multiple channels supports market growth by making it easier for parents to find and purchase the best products for their infants.

 

United States Baby Food and Infant Formula Company Analysis

 

Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestlé, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group plc, and Danone are among the leading players in the US Baby Food and Infant Formula Market, employing a variety of strategies to increase market share, boost profitability, and maintain competitiveness.

 

Some of the prominent player in the US Baby Food and Infant Formula Market includes Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestlé, Lactalis (Stonyfield Farm, Inc.), Reckitt Benckiser Group p.C., and Danone.

 

United States Baby Food and Infant Formula Company News

 

Similac debuted a new range of organic formulas in July 2023, responding to parents’ growing desire for natural and clean-label goods.

 

Enfamil developed a formula in June 2023 that addresses the nutritional needs of newborns with allergies, earning excellent comments from medical professionals.

 

In March 2023, Gerber partnered with a dietitian to provide a handbook for parents on newborn feeding habits and nutritional requirements.

 

In May 2023, Arla Foods Ingredients introduced Lacprodan Alpha-50, an infant formula component high in alpha-lactalbumin (alpha). This unique release was specifically designed to meet the growing need for formulations with lower protein content.

 

Else Nutrition Holdings inked a distribution deal with United Natural Foods (UNFI) in March 2021, covering over 30,000 retail stores in the United States. The transaction will boost the company’s foothold in the United States.

 

In January 2021, Bobbie introduced the first organic, European-style infant formula with a DHA content that fulfills FDA regulations in the United States.

 

Types – Market is divided into 4 viewpoints

 

  1. Milk Formula
  2. Dried Baby Food
  3. Prepared Baby Food
  4. Others

 

Distribution Channel – Market is divided into 4 viewpoints

 

  1. Supermarkets and Hypermarkets
  2. Pharmacies
  3. Convenience Stores
  4. Others

 

Region – Market is divided into 4 viewpoints

 

  1. Northeast
  2. Midwest
  3. South
  4. West

 

 

Company Insights:

 

  1. Overviews
  2. Recent Developments & Strategies
  3. Product Portfolio & Product Launch in Last 1 Year
  4. Revenue

 

Key Players covered in the report are:

 

  1. Abbott Laboratories
  2. Kraft Heinz Company
  3. Hero Group
  4. Hain Celestial Group Inc.
  5. Nestlé
  6. Lactalis (Stonyfield Farm, Inc.)
  7. Reckitt Benckiser Group P.C.
  8. Danone

 

 

About the Company:

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 9000 syndicated reports and worked on more than 750 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

 

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