The Business Research Company’s Baby Puffs And Snacks Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Baby Puffs And Snacks Global Market Report 2023 evaluates baby puffs and snacks market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global baby puffs and snacks market is expected to grow from $3.34 billion in 2022 to $3.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The baby puffs and snacks market is expected to reach $4.60 billion in 2027 at a CAGR of 6.5%.
An increase in the number of working women is expected to propel the growth of the baby puffs and snacks market going forward. Working women refer to women who are employed full-time and get a salary, earnings, or another form of income. Working women frequently need to strike a balance between work and family, which includes making sure that their children or babies are eating food packed with health and nutrition. Working women typically prefer homemade baby snacks like eggs, soups, and finger foods like date balls for managing their babies’ diets. For instance, in March 2023, according to the US Department of Labor, a US-based government administration, the predicted increase in the labor force for all women is 4,652,000, or 6.1%, from 2021 to 2031. An increase of 2,892,000, or 6.0%, is anticipated for women aged 25 to 54. An increase of 2,309,000, or 13.2%, is anticipated for women who are 55 and over. Therefore, an increase in the number of working women is driving the growth of the baby puffs and snacks market.
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The baby puffs and snacks market segments in the report are:
1) By Type: Snacks, Puffs
2) By Category: Organic, Conventional
3) By Sales Channel: Offline sales, Online sales
Top Major Players
- Danone S.A
- The Kraft Heinz Company
- The Hershey Company
- The Hain Celestial Group Inc
- Hero Group
The table of contents in TBRC’s baby puffs and snacks market report includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Market – Macro Economic Scenario
5. Market Size and Growth
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32. Market Competitive Benchmarking
33. Market Competitive Dashboard
34. Key Mergers And Acquisitions
35. Future Outlook and Potential Analysis
36. Appendix
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