Baby Feeding Accessories Market Surges Towards US$ 4,385.1 Million by 2034 with 6.4% CAGR | Future Market Insights, Inc.
The baby feeding accessories market offers a diverse range of products, including bottles, nipples, sterilizers, and bibs. Growing demand for innovative and safe solutions drives market growth, catering to the evolving needs of parents globally. Adoption of Baby Feeding Accessories is Poised to Grow at 6.4% over the Next Ten Years
NEWARK, Del, Jan. 19, 2024 (GLOBE NEWSWIRE) -- In 2023, the total sales of baby feeding accessories generated a revenue of around *US$ 2,237.3 million*. The industry share of baby feeding accessories* *is predicted to expand at a rate of *6.4%* between 2024 and 2034. In terms of value, the global market size is estimated to reach *US$ 4,385.1 million* by 2034, increasing from *US$ 2,358.1 million* in 2024.A progressing transition toward health-aware parenting is driving the global baby and toddler feeding products and accessories market. Growth in e-commerce and online retail channels has also played a decisive role in expanding awareness about baby feeding essentials apart from increasing their sales.
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*Key Takeaways from the Global Baby Feeding Accessories Market Study Report*
· The United States dominated the baby feeding essentials market in 2023 and is expected to retain its dominance till 2034, progressing at 4% CAGR.
· The market for baby feeding products in Australia is poised to grow at an impressive 7.4% rate from 2024 to 2034.
· China is the leading manufacturer of baby feeding accessories, and it is expected to progress at 6.5% CAGR during the projected years.
· India is predicted to witness an astounding growth rate of 8.5% in sales of baby feeding accessories over the next ten years.
*Competitive Landscape for Baby Feeding Accessories Market Players*
Though there are some international brands for providing premium baby feed essentials globally, the overall market is highly diversified and competitive in the low-priced segment. Because of the localized character of the industry, items are tailored to appeal to a range of consumers who value goods that conform to their cultural standards.
“Leading personal care accessories brands are also coming up to take advantage of this growing market niche by offering premium, high-quality items that appeal to high-income parents. Meanwhile, emerging market players have adopted product diversification as the key strategy to capture a fair share of the baby feeding essentials market.” – Sneha Verghese, Senior Consultant for Consumer Goods and Products at Future Market Insights (FMI)
*Recent Developments by the Baby Feeding Accessories Manufacturers*
In March 2022, NUK announced the debut of its first-ever sustainable collection of pacifiers, cups, plates, bowls, and baby utensils under the brand ‘NUK for Nature.' Inspired by the rising demand from parents for more environmentally friendly infant care options, all products are recyclable and come with How2Recycle instructions on how to dispose of them responsibly. As part of NUK's 2012 pledge to minimize energy use, the orthodontic pacifiers also come with a reusable pacifier storage container and are produced using energy from renewable sources.
In February 2022, Dr. Dad, a premium parenting resource website, opened an e-commerce store to give Indian parents access to the finest, physician-approved items. The organization's philosophy is to design items only after comprehending the demands of present-day and prospective parents. A greater selection of unique items from several categories, including feeding supplies, healthy kits, swaddles, parenting books, oral kits, and much more, are available in one location on the Shopping Tab of the updated website. In addition to the special items, parents can also obtain advice and assistance from medical professionals for their newborns on this website.
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*Baby Feeding Accessories Market Report Scope*
*Attribute* Details
*Estimated Market Size (2024)* US$ 2,358.1 million
*Projected Market Size (2034)* US$ 4,385.1 million
*Anticipated Growth Rate (2024 to 2034)* 6.4%
*Forecast Period* 2024 to 2034
*Historical Data Available for* 2019 to 2023
*Market Analysis* US$ million or billion for Value and Units for Volume
*Key Regions Covered* North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania
*Key Countries Covered* United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa
*Key Segments Covered* By Product Type, By Material Type, By Price Range, By Age Group, By End Use Verticals, By Sales or Distribution Channels and By Region
*Key Companies Profiled* · Philips Avent
· Tommee Tippee
· Medela
· Nuk (Newell Brands)
· Dr. Brown's
· Mayborn USA Inc. (Tommee Tippee)
· Pigeon Corporation
· Lässig GmbH
· NOVATEX GmbH
· Carter's, Inc. (Skip Hop)
· Mothercare PLC
*Report Coverage* Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
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*Key Segments Covered by Baby Feeding Accessories Industry Survey Report *
*By Product Type:*
· Bottles and Nipples
· Plastic Bottles
· Glass Bottles
· Silicone Nipples
· Breastfeeding Accessories
· Baby Feeding Utensils
· Baby spoons & forks
· Baby Bowls
· Baby Pacifiers
· Plates
· Others (Cups, Tray, etc.)
· Baby Formula Dispensers
· Other Product Types*By Material Type:*
· Metallic Accessories
· Non-Metallic Accessories
· Plastic
· Silicone
· Other Materials*By Age Group:*
· Less than 6 Months
· 6 months to 12 Months
· 12 Months to 3 Years
· More than 3 Years
*By Price Range:*
· Low (Less than US$ 50)
· Medium (US$ 50 to US$ 100)
· High or Premium (More than US$ 100)*By End Use Verticals:*
· Residential Use
· Commercial Use
· Day Care
· Nursing Centers
· Other Commercial Uses*By Sales or Distribution Channel:*
· Online Retail Channels
· E-commerce
· Company Owned Website
· Offline Sales Channels
· Supermarket or Hypermarket
· Specialty Stores
· Other Retail Formats
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*Author by:*
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments about Consumer Retail Goods.
Her work primarily focuses on facilitating strategic decisions, planning and managing cross-functional business operations technology projects, and driving successful implementations. She has helped create insightful, relevant analyses of Food and beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
*Have a Look at Related Research Reports of the Consumer Product Domain:*
· The* *baby bath and shower products market demand is expected to surpass US$ 6 billion by 2033. The adoption of baby bath and shower products is likely to advance at a CAGR of 7.2% during the forecast period.
· The* *baby powder market forecast is expected to reach a valuation of US$ 1,800 million by 2033. The adoption of baby powder is likely to advance at a CAGR of 5.8% during the forecast period.
· The baby toiletries market growth is set to grow at 5.2% CAGR during the forecast period. The sales of baby toiletries are expected to surpass US$ 18.5 billion by 2033.
· The global baby strollers and prams market analysis is expected to secure US$ 8.31 Billion in 2032, up from US$ 4.68 Billion in 2022, reflecting a CAGR of 5.9%.
· The* *baby personal care market share is likely to hold the global market at a moderate CAGR of 5% during the forecast period. baby personal care market is likely to cross US$ 8.71 Billion by the end of 2033.
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