Thursday, December 31, 2020

Baby Food Maker Market Size Projected To $1.6 Billion By 2025 | Asia Pacific is the Fastest Growing Market, Expanding at a CAGR of 12.6% From 2019 To 2025: Grand View Research, Inc.

Baby Food Maker Market Size Projected To $1.6 Billion By 2025 | Asia Pacific is the Fastest Growing Market, Expanding at a CAGR of 12.6% From 2019 To 2025: Grand View Research, Inc.
Grand View Research, Inc. - Market Research And Consulting.
According to a new report by Grand View Research, Inc the global baby food maker market size was valued at USD 744.2 million in 2018. Increasing awareness regarding the proper nutritional intake for toddlers as well as infants is expected to be the key factor driving the market for baby food maker. In addition, growing working class women population, along with shifting inclination towards luxury lifestyle, has created the necessity for the product across the globe.

The global baby food maker market size is expected to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.1% over the forecast period. Increasing working class women population, fast moving lifestyle, and improving living standards are some of the key factors anticipated to promote the market growth. In addition, increasing awareness regarding healthy diet of toddlers as well as infants among the parents is expected to promote the product’s demand over the next few years.

U.S. baby food maker market

 

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Over the past few years, the working class population of women has increased around the world, which is promoting the demand for the baby food makers and other related products. Parents are concerned over the nutritional diet of their babies. According to the statistics provided by the International Labour Organization (ILO), the population of the working women with an age more than 15 years has been increased by 7.72% from the year 2012 to 2018 worldwide. This shift in the lifestyle of the customers has augmented the demand for baby food makers across the globe.

Bottle preparation is anticipated to expand at the fastest CAGR of 11.5% from 2019 to 2025. These bottle fillers are gaining popularity among customers as they blend the food with water or milk as required and directly fill it in the bottle without any additional efforts. Working class population is finding these products suitable owing to its hassle-free operation. These bottle preparation machines are primarily used for bottle feeding of liquid food to the infants.

Further key findings from the report suggest:

  • North America is dominated the market for baby food maker, accounting for more than 30.0% share of the global revenue in 2018 on account of increasing awareness regarding the infants’ nutrition

  • Online distribution channel is the fastest growing segment with a CAGR of 11.7% from 2019 to 2025. This sales channel provide a good platform to the new entrants in the industry as they can promote and sell their products across the globe

  • The baby food maker market is at its nascent stage of development where the companies are investing in product innovation in terms of utilizing eco-friendly and BPA free raw material for producing bottles

  • Key players include BABY BREZZA, Hamilton Beach Brands, Koninklijke Philips N.V., Nuvita, Newell Brands, Cuisinart, Peek A Boo USA (BÉABA), Infantino, and Munchkin.

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Global baby food maker market

 

Asia Pacific is the fastest growing market, expanding at a CAGR of 12.6% from 2019 to 2025. Rise in the number of job opportunities in the developing countries including China and India as a result of supportive government policies aimed at enhancing revenue output from private institutions has increased the number of working class women. This trend is expected to promote the utility of baby nutrition among the working class population and thus, in turn, promote the scope for products such as baby food maker.

Access complete Baby Food Maker Market Report By Grand View Research, Inc.

Grand View Research has segmented the global baby food maker market on the basis of product, distribution channel, and region:

Baby Food Maker Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Food Preparation

  • Bottle Preparation

Baby Food Maker Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Online

  • Offline

Baby Food Maker Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America

    • U.S.

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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