WILMINGTON, Del.—According to “Global Baby Food Market (2009-2014),” a new report from MarketsandMarkets, the global baby-food market is expected grow to $37.6 billion by 2014, with an estimated CAGR of 5% from 2009 to 2014.
The United States and Europe have a major share of the global baby food market. However, the report notes emerging economies, such as China, India, Brazil, Russia and Romania, are also beginning to spend serious dollars on such items.
North America, the largest baby food market, is expected to be worth $14.17 billion by 2014.
Sources:
MarketsandMarkets, "Global Baby Food Market Worth US$37.6 Billion by 2014"
