Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "United States Baby Food and Infant Formula Market Report by Types, Distribution Channel, Region, Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
United States baby food and infant formula market will attain US$ 13.95 billion by 2032, up from US$ 8.84 billion in 2023, with a CAGR of 5.20% from 2023 to 2032.
Abbott Laboratories, Kraft Heinz Company, Hero Group, Hain Celestial Group Inc., Nestle, 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.
In the American baby food and infant formula sector, parent's expertise of the dietary content of infant meals plays a significant role. The market advantages of introducing organic infant feeding products without artificial fertilizers, pesticides, hormones, antibiotics, and other chemical compounds.
The growing demand for RTD baby meal products, influenced by busy schedules and elevated consumer spending, contributes considerably to the marketplace boom. The extended presence of online retail channels, brand promotion, and social media advertising significantly expanded the baby food and infant formula enterprises in the United States.
New product introductions are essential for generating demand in the US baby food and infant formula industry. Successful product launches help the marketplace broaden by increasing the quantity of individuals. These upgrades increase the company's revenue and increase its client base, stimulating innovation. New product releases permit the agency to beautify its market share and gain a competitive advantage over competitors, emphasizing the potential for increase in this dynamic market.
The US baby food and infant formulation industry is experiencing an uptick in sustainable practices and green packaging as parents increasingly prioritize environmental values. Companies are addressing this trend by implementing sustainable production, packaging, and distribution methods. There is a growing demand for recyclable and biodegradable packaging alternatives, consisting of stand-up zipper pouches crafted from recyclable substances. This shift aligns with mounting environmental worries and reflects parents' preference for the best merchandise for their children and the planet.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $8.84 Billion |
| Forecasted Market Value (USD) by 2032 | $13.95 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | United States |
Company Analysis: Overviews, Recent Developments & Strategies, Product Portfolio & Product Launch in Last 1 Year, Revenue
- Abbott Laboratories
- Kraft Heinz Company
- Hero Group
- Hain Celestial Group Inc.
- Nestle
- Lactalis (Stonyfield Farm, Inc.)
- Reckitt Benckiser Group P.C.
- Danone
Types - Market is divided into 4 viewpoints
- Milk Formula
- Dried Baby Food
- Prepared Baby Food
- Others
Distribution Channel - Market is divided into 4 viewpoints
- Supermarkets and Hypermarkets
- Pharmacies
- Convenience Stores
- Others
Region - Market is divided into 4 viewpoints
- Northeast
- Midwest
- South
- West
For more information about this report visit https://www.researchandmarkets.com/r/oxk24u
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