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India Baby Food Industry to Achieve Double-Digit CAGR by 2013

Apr 30, 2010

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According to our latest research offering "Indian Baby Care Market Analysis", India represents high potential and untapped market for baby care products. With growing awareness, surging income levels and shifts in consumer behavior, the country's nascent baby care market is fast transforming into the world's fastest growing baby care market. Our research has further indicated that baby food has emerged as one of the fastest growing segment. Vast population base in the age group of 0-4 years and parent's preference to spend more on baby food segment will further drive the market to register around 10% CAGR during 2010-2013.

The report identifies that baby food accounts for the second biggest chunk of the Indian milk product sales mix after milk powder segment that captures 34% share. Currently, the market is dominated by small number of multinational brands who generate majority of their revenue from Tier-1 cities. We anticipate that in coming years, Tier-2, 3 cities along with country's sub-urban areas will also emerge as the next growth destination for existing as well as new market players, which will eventually boost the overall baby care market growth.

"Indian Baby Care Market Analysis" is an outcome of extensive research and objective analysis of the fast developing baby care market in India. The report also discusses the market structure, current and past market performance and factors critical to the success of the concerned industry in India. We have also identified all the key players in the Competitor Analysis section of the report. The section talks about the business profile and strategic moves of the leading players along with an unbiased strength-weakness analysis of these players.

The report evaluates the entire baby care market under five prominent segments; Massage Oil, Diapers, Skin care, Hair care and Baby Food. Information on market performance, recent market developments and trends has been included for all these market segments. Most importantly, the report gives segment-wise industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the India baby care market and will prove decisive for clients.

For more information visit: http://www.rncos.com/Report/IM251.htm


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