Top Consumer Demands Noted in APAC Baby Food Product Market:
Parents are opting for expensive baby food products to ensure food safety.
Growing Online Retail features: Click-and-collect model to fuel the sales & prominent retailers expanding online offerings.
Supermarkets/Hypermarkets: Most preferred sales channel in China and Australia for baby food products
Product wise, a very high demand for organic baby food is noted across the global industry.
Notable Developments of APAC Baby Food Product Market:
• Mergers & Acquisitions- the key growth strategies adopted by key companies
• Vendors have increased focus on organic baby food
• Baby food companies are trying to attract expectant parents
Regional Outlook on APAC Baby Food Product Market:
Improved economic prospects of working-class parents poised to increase sales in China. Chinese consumers are opting for organic milk and this region has Mead Johnson (Guangzhou) Ltd as the market leader. But in the future, consumption of milk formula is expected to be of the highest CAGR growth rate.
Nestle dominated the Indian market with a share of more than 65% in 2014 owing to rapidly rising birth rate. Nutricia Australia Pty Ltd leads the baby food segment in Australia.
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Segmentation of APAC Baby Food Product Market:
Global Asia Pacific Baby Food Product Market is broadly divided into 3 types by IndustryARC research panelists based on the further given deciding factors. Each of these segments is yet classified into narrower types. (All of the types discussed and mentioned in detail in this report on APAC baby food product market.
1. By Product Type: Baby Cereals, Prepared Baby Food, Frozen Baby food, Dried Baby Food, Milk Formula and Others (Organic & Canned)
2. By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail and Others.
3. By Country: China, India, Japan, ANZ and ROAPAC (rest of APAC)
Key Market Vendors of the APAC Baby Food Product Market:
IndustryARC market expert team has studied the global market and analyzed it in terms of various competitor perspectives and industrial research factors like past market history, current market trends and future predictions; financial status, overall growth expectations, acquisitions and many more. Few among the 40+ players studied are:
• Qingdao Shengyuan Dairy
• Mead Johnson Nutritionals
• International Nutrition Company
• Inner Mangolia Yili Industrial Group
• Nestle Group
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