India Baby Food and Formula Market Share, Demand, Price, Revenue and Growth Opportunities
India Baby Food and Formula Market Size- By Product Type, By Type, By Pack Size, By Age Group, By Packaging Container, By Segments Covered, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: FOOD2310 | Pages: 1 - 104 | Formats*: |
| Category : Food & Beverages | |||
India Baby Food and Formula Market Overview
According to SPER Market Research, the India Baby Food and Formula Market is estimated to reach USD 1.94 billion by 2032 with a CAGR of 6.2%.
India is a country that is rapidly developing and growing in many ways, including in the area of baby food and formula. The India baby food and formula market is a vital part of the food industry, serving the needs of babies and young children. With a population of over a billion, India has a massive market potential for baby food and formula products. As parents become more conscious about their child's nutrition, the demand for organic and natural baby food is on the rise. This trend has resulted in a significant shift towards healthy and nutritious options in the baby food and formula market. Additionally, rising disposable income and growing awareness about the importance of early nutrition have resulted in an increase in the demand for premium products.
Moreover, the Indian government has been taking initiatives to improve the nutritional status of its citizens, particularly infants and young children, by implementing various programs such as the Integrated Child Development Services (ICDS) and the National Nutrition Mission (NNM). These programs aim to provide essential nutrients to children in their early years, which has created a favourable environment for the growth of the baby food and formula market in India.
In this context, the India baby food and formula market offers lucrative opportunities for manufacturers and retailers, with new players entering the market every year. However, the market is also highly competitive, with established players striving to maintain their market share through product innovation and marketing. Overall, the India baby food and formula market is a dynamic and evolving market that is poised for significant growth in the coming years.
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Impact of COVID-19 on the India Baby Food and Formula Market
The COVID-19 pandemic has had a significant impact on the Indian economy, including the baby food and formula market. The pandemic has brought a wave of uncertainties and disruptions to the market, affecting supply chains, distribution channels, and consumer behavior. One of the significant impacts of COVID-19 on the India baby food and formula market is the disruption in the supply chain. The lockdown measures implemented by the Indian government to contain the spread of the virus have disrupted the movement of goods and services. The closure of factories and restrictions on transportation have led to delays in the production and delivery of baby food and formula products.
Moreover, the pandemic has also impacted consumer behavior and preferences. As a result of the economic downturn, many consumers have become more price-sensitive, leading to a shift towards more affordable baby food and formula products. Additionally, the closure of retail stores and restrictions on movement have led to an increase in online sales of baby food and formula products, as consumers prefer to shop from the safety of their homes.
Furthermore, the pandemic has also led to a significant increase in demand for immunity-boosting and nutrient-rich products. As parents become more conscious of their child's health and immunity, there has been a growing demand for products that contain essential vitamins, minerals, and nutrients.
In summary, the COVID-19 pandemic has created challenges for the India baby food and formula market, including disruptions in the supply chain and changes in consumer behavior. However, it has also created opportunities for companies to innovate and meet the evolving needs of consumers in the market.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Type, By Type, By Pack Size, By Age Group, By Packaging Container, By Segments Covered, By Distribution Channel |
| Regions covered | East, North, South, West |
| Companies Covered | Abbott India, Bellamy’s organic Pvt. Ltd., British life sciences, Campbell soup company, Danone India, Early foods, Happa foods, Happibo, Hero group, Mead johnson & company, llc., Nestle India, Perrigo company PLC, Raptakos brett, Royal Friesland Campina, Saipro biotech private limited, Scientific brain nutraceutical pvt. Ltd., Sprout, The Hain Celestial Group, Inc., The kraft Heinz company |
India Baby Food and Formula Market Segmentation:
1. By Product Type:
- Dried Baby Food
- Milk Formula
- Prepared Baby Food
- Other Baby Food Product
2. By Type:
- Organic Baby Food
- Non-Organic Baby Food
3. By Pack Size:
- 0-100 gm
- 101-200 gm
- 201-300 gm
4. By Age Group:
- 0-6 months
- 6-12 months
- 12-18 months
- 18-24 months
- 24 & Above
5. By Packaging Container:
- Box
- Pouch
- Refill
- Tin
- Jar
- Others
6. By Segments Covered:
- Baby Cereals
- Follow-up Formula
- Infant Milk Formula
- Prepared Baby Food & Others
7. By Distribution Channel:
- General Retail
- Multi-brand Retail
- Online
8. Region:
- East
- North
- South
- West
Key Topics Covered in the Report:
- India Baby Food and Formula Market Size (FY’2019-FY’2032)
- Overview of India Baby Food and Formula Market
- Segmentation of India Baby Food and Formula Market By Product Type (Dried Baby Food, Milk Formula, Prepared Baby Food, Other Baby Food Product)
- Segmentation of India Baby Food and Formula Market By Type (Organic Baby Food, Non- Organic Baby Food)
- Segmentation of India Baby Food and Formula Market By Pack Size (0-100gm, 101-200 gm, 201-300gm)
- Segmentation of India Baby Food and Formula Market By Age Group (0-6 months, 6-12 months, 12-18 months, 18-24 months, 24 & Above)
- Segmentation of India Baby Food and Formula Market By Packaging Container (Box, Pouch, Refill, Tin, Jar, Others)
- Segmentation of India Baby Food and Formula Market By Segments Covered (Baby Cereals, Follow-up Formula, Infant Milk Formula, Prepared Baby Food & Others)
- Segmentation of India Baby Food and Formula Market By Distribution Channel (General Retail, Multi-brand Retail, Online)
- Statistical Snap of India Baby Food and Formula Market
- Growth Analysis of India Baby Food and Formula Market
- Problems and Challenges in India Baby Food and Formula Market
- Competitive Landscape in the India Baby Food and Formula Market
- Impact of COVID-19 and Demonetization on India Baby Food and Formula Market
- Details on Recent Investment in India Baby Food and Formula Market
- Competitive Analysis of India Baby Food and Formula Market
- Key Players in the India Baby Food and Formula Market
- SWOT Analysis of India Baby Food and Formula Market
- India Baby Food and Formula Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the India Baby Food and Formula Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Baby Food and Formula Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Baby Food and Formula
7. India Baby Food and Formula Market, By Product Type, 2019-2032 (USD Million)
7.1 Dried Baby Food7.2 Milk Formula7.3 Prepared Baby Food7.4 Other Baby Food Product
8. India Baby Food and Formula Market, By Type, 2019-2032 (USD Million)
8.1 Organic Baby Food8.2 Non-Organic Baby Food
9. India Baby Food and Formula Market, By Pack Size, 2019-2032 (USD Million)
9.1 0-100 gm9.2 101-200 gm9.3 201-300 gm
10. India Baby Food and Formula Market, By Age Group, 2019-2032 (USD Million)
10.1 0-6 months10.2 6-12 months10.3 12-18 months10.4 18-24 months10.5 24 & Above
11. India Baby Food and Formula Market, By Packaging Container, 2019-2032 (USD Million)
11.1 Box11.2 Pouch11.3 Refill11.4 Tin11.5 Jar11.6 Others
12. India Baby Food and Formula Market, By Segments Covered, 2019-2032 (USD Million)
12.1 Baby Cereals12.2 Follow-up Formula12.3 Infant Milk Formula12.4 Prepared Baby Food & Others
13. India Baby Food and Formula Market, By Distribution Channel, 2019-2032 (USD Million)
13.1 General Retail13.2 Multi-brand Retail13.3 Online
14. India Baby Food and Formula Market, By Region, 2019-2032 (USD Million)
14.1 India Baby Food and Formula Size and Market Share by Region (2019-2025)14.2 India Baby Food and Formula Size and Market Share by Region (2026-2032)14.3 East14.4 North14.5 South14.6 West
15. Company Profiles
15.1 Abbott India
15.1.1 Company details15.1.2 Financial outlook15.1.3 Product summary15.1.4 Recent developments
15.2 Bellamy’s organic Pvt. Ltd.
15.2.1 Company details15.2.2 Financial outlook15.2.3 Product summary15.2.4 Recent developments
15.3 British life sciences
15.3.1 Company details15.3.2 Financial outlook15.3.3 Product summary15.3.4 Recent developments
15.4 Campbell soup company
15.4.1 Company details15.4.2 Financial outlook15.4.3 Product summary15.4.4 Recent developments
15.5 Danone India
15.5.1 Company details15.5.2 Financial outlook15.5.3 Product summary15.5.4 Recent developments
15.6 Early foods
15.6.1 Company details15.6.2 Financial outlook15.6.3 Product summary15.6.4 Recent developments
15.7 Happa foods
15.7.1 Company details
15.7.2 Financial outlook15.7.3 Product summary15.7.4 Recent developments
15.8 Happibo
15.8.1 Company details
15.8.2 Financial outlook15.8.3 Product summary15.8.4 Recent developments
15.9 Hero group
15.9.1 Company details15.9.2 Financial outlook15.9.3 Product summary15.9.4 Recent developments
15.10 Mead johnson & company, llc.
15.10.1 Company details15.10.2 Financial outlook15.10.3 Product summary15.10.4 Recent developments
15.11 Nestle India
15.11.1 Company details15.11.2 Financial outlook15.11.3 Product summary15.11.4 Recent developments
15.12 Perrigo company PLC
15.12.1 Company details15.12.2 Financial outlook15.12.3 Product summary15.12.4 Recent developments
15.13 Raptakos brett
15.13.1 Company details15.13.2 Financial outlook15.13.3 Product summary15.13.4 Recent developments
15.14 Royal Friesland Campina
15.14.1 Company details15.14.2 Financial outlook15.14.3 Product summary15.14.4 Recent developments
15.15 Saipro biotech private limited
15.15.1 Company details15.15.2 Financial outlook15.15.3 Product summary15.15.4 Recent developments
15.16 Scientific brain nutraceutical Pvt. Ltd.
15.16.1 Company details15.16.2 Financial outlook15.16.3 Product summary15.16.4 Recent developments
15.17 Sprout
15.17.1 Company details15.17.2 Financial outlook15.17.3 Product summary15.17.4 Recent developments
15.18 The Hain Celestial Group, Inc.
15.18.1 Company details15.18.2 Financial outlook15.18.3 Product summary15.18.4 Recent developments
15.19 The kraft Heinz company
15.19.1 Company details15.19.2 Financial outlook15.19.3 Product summary15.19.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
India Baby Food and Formula Market is projected to reach USD 1.94 billion by 2032, growing at a CAGR of 6.2% during the forecast period.
India Baby Food and Formula Market grew in market size from 2021. The Market is expected to reach USD 1.94 billion by 2032, at a CAGR of 6.2% during the forecast period.
India Baby Food and Formula Market CAGR of 6.2% during the forecast period.
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India Baby Food and Formula Market size is USD 1.94 billion from 2022 to 2032.
India Baby Food and Formula Market Segment is Covered By Product Type, By Type, By Pack Size, By Age Group, By Packaging Container, By Segments Covered, By Distribution Channel.
The Asia-Pacific region is anticipated to have the highest market share in the India Baby Food and Formula Market.
The key players in the market include Companies Covered Abbott India, Bellamy’s organic Pvt. Ltd., British life sciences, Campbell soup company, Danone India, Early foods, Happa foods, Happibo, Hero group, Mead johnson & company, llc., Nestle India, Perrigo company PLC, Raptakos brett, Royal Friesland Campina, Saipro biotech private limited, Scientific brain nutraceutical pvt. Ltd., Sprout, The Hain Celestial Group, Inc., The kraft Heinz company.
This trend has resulted in a significant shift towards healthy and nutritious options in the baby food and formula market. Additionally, rising disposable income and growing awareness about the importance of early nutrition have resulted in an increase in the demand for premium products.
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