The scope of our recent study on the “Baby Finger Food Market to 2027 – COVID-19 Impact and Global Analysis– by Product Type (Prepared, Dried, and Others)and Distribution Channel (Hypermarkets and Supermarkets, Convenience stores, Online, and Others),” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.

The baby finger food market was valued at US$ 18,589.43 million in 2019 and is projected to reach US$ 32,825.92million by 2027; it is expected to grow at a CAGR of 7.4% from 2020 to 2027. Baby finger foods are small pieces of food that infants and babies can hold and eat easily. These food products are known for their nutritional value and easy-to-digest baby finger food.  These include fruit-flavored sweet finger food and the savory forms such as puffs, breadsticks, biscuits, wafers, and fruit and vegetable-based finger foods. The baby finger foods are available in prepared and dried form.  This soft and easily-consumed food is produced to replace breast milk without lowering the necessary nutrition needed to ensure healthy babies' growth.

GROWING DEMAND OF BABY FINGER FOOD IN EMERGING ECONOMIES TO BOOST IN THE GLOBAL MARKET

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Baby finger food are being used in developing regions, as many companies such as The Hain Celestial Group, Inc., HiPP GmbH & Co. Vertrieb KG and others have their product in this region. Baby finger food is available in various flavors and both solid and liquid forms. Modern-day time constraints have reduced the use of homemade baby finger food in both developed and developing nations. While the U.S. and Europe hold a significant share of the global baby finger food market, also emerging economies such as India, Brazil, UAE, and others also represent a high growth rate. The baby finger food market is getting a big boost from the increasing awareness about the role it plays in meeting infants' and toddlers' nutritional needs. The baby finger food industry's significant challenges are low birth rates, static market conditions in developed countries, and milk intolerance in babies. However, the growth opportunities for the baby finger food market is rising across developing economies owing to increasing focus towards baby health and nutrition and expanding disposable income. There is a mostly untapped market in developing economies, and as evolving food technology and new product developments are anticipated to attract more customers in the future.

The major players operating in the global baby finger food market include Kraft-Heinz, Inc., The Hain Celestial Group, Inc., HiPP GmbH & Co. Vertrieb KG, Lotus Bakeries Corporate, Hero Group, Little Dish, Nestlé SA, Annabel Karmel Group Holdings Limited, Piccolo, Dana Dairy Group and among many others. The major players in the baby finger food market are focused on strategies such as mergers and acquisitions and research and development to increase the geographical presence and consumer base globally.

The global baby finger foodmarket is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East &Africa (MEA), and South America. In 2019, North America contributed to the largest share in the global baby finger food market. Increase in urbanization and rise in the middle-class population support the baby finger food market in North America. The US is considered to be one of the significant markets for baby finger foods, in terms of production and consumption. Rapid urbanization coupled with increase in disposable income and shift in consumer lifestyle are some of the potential drivers facilitating the growth of the baby finger food market in North America. Further, the growth of distribution channels, such as hypermarkets and supermarkets, online, and convenience stores,along with strong presence of leading manufacturers have significantly driven the growth of the baby finger food market in the region.

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