Synopsis:
The scope of the global Baby Food Maker Market was appreciated by US$ 744.2 million in 2018. The range is projected to touch US$ 1.6 billion by 2025, growing at a CAGR of 11.1% for the duration of the forecast. Those domestic food processing machines, which are having small sizes and are utilized for making baby foodstuffs, are measured such as the baby food makers.
Drivers:
Growing alertness about the consumption of appropriate feeding for babies along with newborns is likely to be the important feature motivating the baby food maker industry. Furthermore, the increasing populace of employed women, together with an altering preference in the direction of the luxury way of life, has generated the need for the product all over the world. These issues have stimulated the customers to accept baby food makers such as their important kitchen piece of equipment in their family.
Consistent with the information delivered by the International Labor Organization (ILO), the amount of women occupations having the age over and above 15 years in the world has augmented by approximately 1.1% during the year 2017 to 2018. The two most important economies along with maximum inhabited nations in the world that is to say India and China have observed sturdy development in the populace of employed women, for the duration of the previous a small number of years.
India has observed a substantial development of 14.3%, in the population of working women, during the period of 2012 to 2018. Yet, China has nearly 43.9% population of working women out of the total population of the country. Growth in the ladies' labor force has powered the demand for baby food makers because it supports upholding the baby foods’ nutritious necessities deprived of hindering the timetable of the work. Growth in double earning family circles has directed to a greater average income per family. Such issues are likely to motivate the baby food maker market for the duration of the forecast. Also, growth in the numbers of supermarkets and hypermarkets are reinforcing the delivery network for the companies of baby food makers.
Restraints:
The obtainability of price-effective substitute products in the market may possibly pose a difficulty for the development of the baby food maker industry. Owing to their greater price and probabilities of becoming outdated after some period, the buying of the baby food makers is low.
Classification:
The global baby food maker market can be classified by Delivery Network, Type of Product, and Region. By Delivery Network, it can be classified as Offline, Online. By Type of Product, it can be classified as Bottle Preparation, Food Preparation.
Regional Lookout:
By Region, the global baby food maker industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. By way of grabbing above 30.0% share of the global revenue in 2018, North America ruled the market for baby food makers, due to the greater demand for baby food-making machines, between the customers. The most important manufacturing companies comprising Peek A Boo USA, Koninklijke Philips, Cuisinart, Newell Brands, Hamilton Beach Brands, and BABY BREZZA are applying innumerable advertising approaches comprising mergers & acquisitions, induction of the new products, and expansion of the delivery network, for the purpose of more and more infiltration of the customers.
Such as, in July 2018, Peek A Boo USA, Inc., the U.S.-centered manufacturing company of baby food kitchen appliances, presented the maximum expected baby food maker in the product name ‘Béaba Baby cook Neo’. The baby food maker possesses stainless steel basket and a glass bowl so that there would not be a little contact of foodstuff with plastic. These presentations of the product are expected to increase the demand for it during the period of forecast.
Asia Pacific is expected to grow by the speedy CAGR of 12.6% from 2019 to 2025 because of the increasing employed populace in the nation-states comprising Thailand, China, Singapore, and India. Furthermore, the percentage of fertility within the region is considerably great as equated to numerous European nations. This is estimated to increase the possibility for baby electronic products during the period of forecast.
Companies:
The manufacturing companies of the baby food makers concentrate on the introduction of progressive and advanced products to satisfy the altering necessities and demands. Some of the important companies for the baby food maker market are: Peek A Boo USA, Koninklijke Philips, Cuisinart, Newell Brands, Hamilton Beach Brands, and BABY BREZZA.
Market Segment:
Baby Food Maker Product Outlook (Revenue, USD Million, 2015 - 2025)
• Food Preparation
• Bottle Preparation
Baby Food Maker Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
• Online
• Offline
Baby Food Maker Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• U.K.
• Germany
• France
• the Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
Research Support Specialist, USA