Global Bottle Feeding Market Expected to Reach US$ 4.0 Bn by 2027: Industry Probe


Posted April 10, 2020 by industryprobe21

Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027, the global bottle feeding market is expected to reach US$ 4.0 Bn by 2027 expanding at a CAGR of 5.1% from 2019 to 2027.

 
According to a new market report published by Industry Probe (www.industryprobe.com) titled ‘Baby Feeding Products Market [Type: Bottle Feeding, Breast Feeding (Nipple Shield, Breast Pump, Others- Nursing Covers, Feeding Pillows etc.), Sippy Cups, Tableware (Bowls, Plates, Mugs, Others- Spoon, Food Storage etc.); Material: Plastic, Stainless Steel, Silicone, Glass; Age Group: 0-2 Months, 2.5-3 Months, 3.5-6 Months, More than 6 Months; Distribution Channel: Online and Offline (Hypermarkets & Supermarkets, Specialty Stores, and Brand Stores)] – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027, the global bottle feeding market is expected to reach US$ 4.0 Bn by 2027 expanding at a CAGR of 5.1% from 2019 to 2027.
As per the report, the global bottle feeding market was valued at US$ 2.6 Bn in 2018 and is expected to expand at a CAGR of 5.1% from 2019 to 2027. In terms of type, the bottle feeding segment account for maximum share in the global market followed by breast feeding, and the sippy cup segment. An increase in number of dual-income households that are opting for bottle feeding because of the convenience they offer, and growing awareness of the importance of nutrition for babies is expected to drive the demand for bottle feeding in the global market. Bottle feeding is undeniably the prime choice for most parents across the globe. Bottle feeding is usually easy and convenient for mothers and babies and are easily accepted in public places. Furthermore, bottle feeding allows anyone in the family to help out when it comes to feeding the baby.
Inclination toward breast feeding is likely to hinder the market growth. Breastfeeding has many health benefits for both the mother and infant. Moreover, many baby bottles are made of polycarbonate, or have a lining that contains the chemical Bisphenol A (BPA). Rising concerns about the harmful effects of BPA is restraining the market growth. In terms of type, bottle feeding is mostly preferred by consumers worldwide. Increased demand for bottle feeding is due to low cost and ease of use. Moreover breast feeding in public places is often embarrassing for some mothers. This leads to increased use of baby feeding bottles. Bottle feeding also makes it easy to keep a track of the baby’s daily intake of food. Introduction of BPA free bottles is also expected to boost the market growth.
Some of the major players are featured in this report to give a better competitive analysis of the market and these include Koninklijke Philips N.V., Linco Baby Merchandise Works Co., Ltd, Newell Brands, Edgewell Personal Care Company, Pigeon Corporation, Nuby Inc., Medela AG, Novatex North America Inc., Mayborn Group Limited and Munchkin Inc.

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Categories Business , Health , Industry
Tags Baby Feeding Products Market market size , Baby Feeding Products Market overview , Baby Feeding Products Market industry analysis , Baby Feeding Products Market market analysis , Baby Feeding Products Market Market research , Baby Feeding Products Market demand , Baby Feeding Products Market growth
Last Updated April 10, 2020