Latin American baby food and pediatric nutrition market valued at US$2.1B in 2011 from US$1.3B in 2007, according to new report; market grew with CAGR of 17.3% from 2007-2011

DUBLIN , December 15, 2011 (press release) – Research and Markets(http://www.researchandmarkets.com/research/e5be0d/latin_america_baby) has announced the addition of the "Latin America Baby Food & Pediatric Nutrition Market: Analysis & Forecast (2007 - 2017)" report to their offering.

Baby population aged 0-4 year in Latin America reached 52.7 million in 2010 that resulted in robust growth of the overall Latin America baby food and pediatric nutrition market during 2007 - 2011. The market grew with a CAGR of 17.3% during 2007 - 2011 to reach USD 2.1 billion in 2011 from USD 1.3 billion in 2007. Brazil commanded for the largest share - i.e. 52.45% of Latin America Baby Food & Pediatric Nutrition Market at USD 692.1 million in 2007. The segment reached USD1135.5 million in 2011 with a CAGR of 13.18% during 2007-2011. Venezuela has the highest growth rate of 35.37% during the same period. The overall Latin America baby food and pediatric nutrition market is forecasted to grow form USD 2,399.0 million in 2012 to USD 4.021.6 million in 2017 with a CAGR of 10.89% during the same period.

Milk Formula commanded for the largest share - i.e. 47.07% of Latin America Baby Food & Pediatric Nutrition market at USD 621.1 million in 2007. The segment reached USD1153 million in 2011 with a CAGR of 16.73% during 2007-2011. On the other hand Baby Cereals accounted for 46.45% of the Latin America Baby Food & Pediatric Nutrition market at USD 621.1 million in 2007 and further reached to USD 931.3 million in 2011 with a CAGR of 11.0% during 2007 - 2011.

In 2011, Nestle holds about 64.4% of the overall baby food and pediatric nutrition market share in Latin America region followed by Pfizer at 9.9%.

Countries Covered

* Brazil
* Venezuela
* Argentina
* Colombia
* Chile

Key Topics Covered:

* Introduction
* Executive Summary
* Global Overview
* Latin America Baby Food & Pediatric Nutrition Market

For more information visit http://www.researchandmarkets.com/research/e5be0d/latin_america_baby

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