North American baby food and pediatric nutrition market reaches value of US$7.9B in 2011 from US$7.7B in 2007, report says; market grew with CAGR of 0.65% from 2007-2011
December 15, 2011
– Research and Markets(http://www.researchandmarkets.com/research/602668/north_america_baby) has announced the addition of the "North America Baby Food & Pediatric Nutrition Market: Analysis & Forecast (2007 - 2017)" report to their offering.
In 2011, parents in North America spent about USD 309 per child (aged 0 - 4) which is highest among all the regions. Pediatric nutrition products consumed per birth is also highest in the region at 46.5 Kg. However, lower birth rate (12.87 birth/1000 population) has restricted the baby food and pediatric nutrition market growth during 2007 - 2011. The market grew with a CAGR of 0.65% during 2007 - 2011 to reach USD 7.9 billion in 2011 from USD 7.7 billion in 2007. U.S. commanded for the largest share - i.e. 77.44% of North America Baby Food & Pediatric Nutrition Market at USD 5,987.6 million in 2007. The U.S. market reached USD 5,883.6 million in 2011 with a negative CAGR of 0.44% during 2007-2011. Mexico has the highest growth rate of 4.85% during the same period. The Overall North America baby food and pediatric nutrition market is forecasted to reach USD 9.7 billion in 2017 from 8.2 billion in 2012 with a CAGR of 3.46% during 2012 - 2017.
Ready baby meal (Prepared Baby Food) commanded the largest share - i.e. 77.51% - of North America Baby Food & Pediatric Nutrition Market at USD 5,993.4 million in 2007. The segment reached USD 5,935.2 million in 2011 with a negative CAGR of 0.24% during 2007-2011. In product category, Bottled baby food accounted for 59.3% of the North America Baby Food & Pediatric Nutrition market at USD 4.7 billion in 2007 and reached USD 5.3 million in 2011 with a CAGR of 2.9% during 2007 - 2011.
Mead Johnson leads the North America baby food and pediatric nutrition with about 33.4% market share in 2011.
Key Topics Covered:
* Executive Summary
* Global Overview
* North America Baby Food & Pediatric Nutrition Market
For more information visit http://www.researchandmarkets.com/research/602668/north_america_baby
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