DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2mjd8z/baby_food_and) has announced the addition of the "Baby Food and Formula Market in the US 2014-2018" report to their offering.
The analysts forecast the Baby Food and Formula market in the US to grow at a CAGR of 2.76 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing working mother population. The Baby Food and Formula market in the US has also been witnessing the increasing adoption of organic baby foods. However, the declining birth rates could pose a challenge to the growth of this market.
Key vendors dominating this space are Abbott Laboratories Inc., Mead Johnson Nutrition Co., and Nestlé SA.
Other vendors mentioned in the report are Danone S.A., Ella's Kitchen Group Ltd., Nurture Inc. (Happy Family), H.J. Heinz Co., Parent's Choice, Plum Organics, Sprout Foods Inc., and Stonyfield Farm Inc.
Commenting on the report, an analyst from the team said: Organic food is considered safe for babies because it is manufactured without the use of chemicals or pesticides. Hence, many companies are introducing organic baby foods in the market to differentiate their products from other mainstream products available in the market. Companies are positioning themselves as producers of tasty, safe, and healthy food for babies. In addition, the US accounted for the largest market for organic baby food and formula products across the globe in 2013. Companies offering organic baby food such as Plum Organics are gaining a significant share in the Baby Food and Formula market in the US in recent years. Hence, the growing adoption of organic baby foods is a major trend that is expected to lead the growth of the Baby Food and Formula market in the US during the forecast period.
According to the report, several companies manufacturing packaged baby food are including new baby foods with variants and new flavors in their product portfolio. To differentiate their products with that of their competitors, the vendors in the Baby Food and Formula market in the US are promptly expanding their product portfolio.
For more information visit http://www.researchandmarkets.com/research/2mjd8z/baby_food_and
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