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12 Jun 2019, 15:22 GMT+10
Summary:
A new market study, titled "Discover Global Baby Food Market Upcoming Trends, Growth Drivers and Challenges" has been featured on WiseGuyReports.
Introduction
Food and beverages play an important role in modern life. Bored with their lethargic lifestyle, people like to try and explore new stuff each day to make their life happening. Trying out a variety of new different food and beverages excites them, giving a sense of fulfilment. Soft drinks find a top position in the list of food and beverages that have made the F&B companies bigger.
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Companies Profiles are Abbott Laboratories, Bellamy Organics, Campbell Soups, Danone, Friesland Campina, Hain Celestial Group, Hero Group, Mead Johnson & Company, LLC, Nestle S.A and Perrigo Company Plc.
The F&B sector is divided into two key segments, including, production and distribution. Production is the processing of food products and the making of beverages, including alcoholic drinks, soft drinks, packaged food items, and other modified foods. Distribution involves transportation of the finished products into the hands of the consumers. The industry highly focuses on technology and mechanical manipulation of raw food items to create value-added products.
The food and beverage industry is predominantly led by the the changing preferences and tastes of the consumers. F&B brands attempt to spot the social change and trends and respond it effectively by implementing various strategies such as product development and others.
REGIONAL BABY FOOD MARKET TRENDS:
Asia-Pacific is leading the Global Baby Food Market in terms of consumption followed by Europe and North America. Growing population and increased spending levels of people is fueling Baby Food Market Growth in this region with a major contribution from emerging economies like India, China, and Indonesia.
Although, grocery shelves of the stores are always stacked with various new items, its not like consumers opt for any randam stiff. They wise choose food prodcuts such as functional and fortified food which can not only take care of their physical health but mental health as well. Products that have health benefits such as kombucha are moving fast in the market.
The growing consumer demand for transparency is one of the major trends impacting growth of the F&B market. Consumers, nowadays, want to have a clear knowledge about the ingredients of their food products. They seek simplicity besides better food quality. They always look for brands that share transparency and reflect their values. With consumers demanding to know about the food they consume, safety related to food are costing the industry billions every year.
With so many options available for purchase in a multitude of channels; right from the farmer's market to in-store, social media, online, and more, product innovation has an important role to play to augment the market's growth. Industry bigshots are looking at emerging technologies for innovation. For instance, Kraft Heinz has opened an all-new digital hub which launches entrepreneurial ideas and creates digitally powered business models to propel the growth of the company.
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REGIONAL BABY FOOD MARKET TRENDS:
Asia-Pacific is leading the Global Baby Food Market in terms of consumption followed by Europe and North America. Growing population and increased spending levels of people is fueling Baby Food Market Growth in this region with a major contribution from emerging economies like India, China, and Indonesia.
To stay hydrated, every person needs to consume beverages. Water, tea, coffee, fruit juice, carbonated drinks, and energy drinks are some of the most consumed beverages, with carbonated drinks acquiring the top position globally. Soft drinks or carbonated drinks are produced by F&B companies and have become inevitable for the people of the modern ages. They usually contain water or carbonated water, a flavoring agent, and a sweetener. Soft drinks are adored by most of the people, even if forbidden by the nutritionist.
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