Baby food is also one of the attractive applications of the fortified food. Fortified Baby food is gaining traction over the years owing to the growing incidence of diseases, increasing consumer awareness along with significant rise in awareness of nutritious baby food and health benefits associated with it among the parents. The demand of the fortified baby food is also increasing due to the changing lifestyle coupled with the growing consumer awareness and rising health and wellness concern. Fortified food offers extra micronutrients which includes essential trace elements and different vitamins. Fortified food is completely a commercial choice to add extra nutrients in the food and fortified baby food offers diverse range of choice to parents who are concerned about their kid’s health.
Major Key Players Analysis
Key players in the global fortified baby food market are emphasizing to enhance their investment in product development in order to extend the product line. Also, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate in the untapped market.
The key players profiled in Fortified Baby Foods Market report are Danone SA (France), Nestle SA (Switzerland), Hero Group (Switzerland), Abbott Laboratories (U.S.), Kraft Heinz Foods Company (U.S.), The Hein-Celestial Group (U.S.), and Bellamy's Organic (Australia) among many others.
Market Segments
The global Fortified Baby Food Market has been divided into nutrient, type, distribution channel, and region.
On the Basis of Nutrient: Minerals, and Vitamins
Minerals segment is further sub segmented into zinc, folic acid, copper, iron, DHA, and Others.
Vitamin segment is further sub segmented into Vitamin A, Vitamin C, Vitamin D and Others.
On the Basis of Type: Ready-to-feed Products, Milk Formula, Dried Baby Products, and Others
On the Basis of Distribution Channel: Supermarkets & Hypermarkets, Specialty Retailers, Convenience Stores, and Others
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
Regional Analysis
The global fortified baby food market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Asia Pacific region is expected to retain its dominance throughout the forecast period. This is attributed by the increasing per capita disposable income coupled with the high birth rate in developing economies like India, China, and Indonesia. Especially China and India offer a lucrative opportunity in the Asia Pacific region for the fortified baby food manufacturers. Europe is also projected to witness a steady growth during the reviewed period. However, North America is estimated to be slothful owing to the low birth rate in U.S. Latin American region is projected to show a high potential in the fortified baby food market due to the rising disposable income of some of the countries.
Complete Report Details @ https://www.marketresearchfuture.com/reports/fortified-baby-food-market-2793
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