Even the little ones are now jumping on the gourmet food bandwagon. With strong growth in nutrient-added and organic products, the Baby Food Manufacturing industry has taken advantage of this lucrative new market. Over the five years through 2014-15, industry revenue is projected to grow by an annualised 4.1%, capturing demand within both the domestic and global market with great success. Over the past five years, the widespread adoption of pouch-and-spout packaging (a premium and popular product) has changed the baby food game and assisted industry revenue growth.
Companies in this industry manufacture wet and dry baby food. Industry products include baby meals, cereals, juices, drinks, biscuits and milk. This industry excludes formula for babies aged 0-12 months old.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.