Baby food market revenue worldwide 2018-2029
In 2023, the baby food market worldwide generated a revenue of approximately 71 billion U.S. dollars. According to estimates of the Statista Consumer Market Outlook, this value is expected to increase in the coming years, reaching a predicted value of 100 billion U.S. dollars in 2028.
The baby food market in the United States is regulated by the Food and Drug Administration. Leading baby food brands include Gerber, Beech-Nut and Plum Organics. Gerber is now a subsidiary of the largest global food company Nestlé S.A. which has headquarters in Vevey, Switzerland. Recent trends show that baby food manufacturers have expanded their product portfolio by launching additional toddler foods which are intended for toddlers from about twelve months to two or three years.