Product Code: ETC074683 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is the world`s second-largest baby food market. It has an estimated market size of USD 2.25 billion in 2018, and is expected to grow at a compound annual growth rate (CAGR) of 11.1%. The India Baby Food Market is driven by rising disposable income, growing urbanisation, changing consumer preferences and increasing awareness about infant nutrition among parents. Furthermore, new product launches with innovative flavours as well as attractive packaging are driving the sales of baby food products in India. Despite these positive factors, certain challenges such as high cost of production due to limited availability of raw materials remain major obstacles for the manufacturers.
Growing affordability levels: Rising disposable incomes have enabled more families in India to afford premium and nutritious baby foods which are otherwise expensive than regular homemade meals or traditional weaning foods made from locally available sources like cereals, pulses and grains. This has increased demand for packaged baby food products manufactured by multinational companies catering specifically for infants` nutritional needs. Increasing Awareness About Infant Nutrition: With improved access to healthcare facilities across cities and towns coupled with increased media coverage on topics related to infant health care including nutrition; an increasing number of parents prefer opting for ready-to-eat or easy-to-prepare packaged food items that are marketed under specific age categories based on their nutrient value instead of relying solely on homemade recipes rich in carbohydrates without essential vitamins & minerals needed for a healthy childhood development.
High Cost Of Production And Limited Availability Of Raw Materials: In order to ensure quality standards while manufacturing dietary supplements & snacks targeting infants; manufacturers need specialised ingredients that may not be easily available domestically resulting into higher costs associated with importing them from overseas markets leading into higher end prices charged upon customers thus limiting its mass consumption potential amongst lower class consumers who cannot afford it due budget constraints. Stringent Government Regulations For Product Quality Control : As per FSSAI (Food Safety & Standards Authority Of India); all infant health supplement products must meet strict safety parameters set up by Indian authorities before being sold out commercially within domestic boundaries so this imposes additional cost burden onto producers creating another hurdle towards achieving maximum penetration rates
Demand For Organic Baby Food Products Is On A Rise : An increasing number of young mothers have started preferring organic over conventional options when it comes towards purchasing supplementary dietary products meant exclusively.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Baby Food Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Baby Food Market Revenues & Volume, 2020 & 2027F |
3.3 India Baby Food Market - Industry Life Cycle |
3.4 India Baby Food Market - Porter's Five Forces |
3.5 India Baby Food Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 India Baby Food Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 India Baby Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Baby Food Market Trends |
6 India Baby Food Market, By Types |
6.1 India Baby Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Baby Food Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 India Baby Food Market Revenues & Volume, By Dried baby food, 2018 - 2027F |
6.1.4 India Baby Food Market Revenues & Volume, By Milk formulaΒ , 2018 - 2027F |
6.1.5 India Baby Food Market Revenues & Volume, By Prepared baby food, 2018 - 2027F |
6.1.6 India Baby Food Market Revenues & Volume, By Other baby food, 2018 - 2027F |
6.2 India Baby Food Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Baby Food Market Revenues & Volume, By Supermarkets, 2018 - 2027F |
6.2.3 India Baby Food Market Revenues & Volume, By Hypermarkets, 2018 - 2027F |
6.2.4 India Baby Food Market Revenues & Volume, By Small grocery retailers, 2018 - 2027F |
6.2.5 India Baby Food Market Revenues & Volume, By Health and beauty retailers, 2018 - 2027F |
6.2.6 India Baby Food Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Baby Food Market Import-Export Trade Statistics |
7.1 India Baby Food Market Export to Major Countries |
7.2 India Baby Food Market Imports from Major Countries |
8 India Baby Food Market Key Performance Indicators |
9 India Baby Food Market - Opportunity Assessment |
9.1 India Baby Food Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 India Baby Food Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
10 India Baby Food Market - Competitive Landscape |
10.1 India Baby Food Market Revenue Share, By Companies, 2020 |
10.2 India Baby Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |