Research and Markets (http://www.researchandmarkets.com/research/xm9t56/global_baby_food) has announced the addition of the "Global Baby Food and Formula Market 2012-2016" report to their offering.
One of the key factors contributing to this market growth is the growing urbanization especially in the developing countries. The Global Baby Food and Formula market has also been witnessing an increasing adoption of organic baby food by consumers. However, the declining birth rates in countries could pose a challenge to the growth of this market.
The key vendors dominating this market space include Abbott Laboratories, Danone SA, Mead Johnson Nutrition Co., and Nestle S.A.
The other vendors mentioned in this report are Ella's Kitchen, Hero Group, H.J. Heinz Nutrition, Parent's Choice, and Plum Organics.
Commenting on the report, an analyst from TechNavio's team said: Organic food is considered safe for babies since it is produced without the use of pesticides or chemicals. Thus, many companies are introducing organic baby foods in the market since they perceive organic food to be a differentiating marketing strategy. The US is the largest market for organic baby food and formula products. Further, many countries in the EMEA and APAC regions are witnessing an increase in the demand for organic baby food and formula products. For instance, organic food is considered to be healthier than conventional foods; hence, companies are positioning themselves as producers of safe, tasty, and healthy food for babies. Companies offering organic baby food such as Organix and Plum Organics are gaining a significant share in the Global Baby Food and Formula market in recent years.
According to the report, one of the major drivers in this market is the growing global urbanization. The increasing disposable income and adoption of modern lifestyles by the population in developing countries has resulted in a high demand for baby foods and formulas. Therefore, consumers are increasingly using baby food and formula products.
For more information visit http://www.researchandmarkets.com/research/xm9t56/global_baby_food
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