Canada Baby Food Market Booms: Projected Growth to $2.4 Billion by 2026

According to a new report published by Allied Market Research, titled, "Canada Baby Food Market by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026", the Canada baby food market size was valued at $1.3 billion in 2018 and is projected to reach $2.4 billion by 2026, growing at a CAGR of 7.60% from 2019 to 2026. The cereals segment accounted for approximately 47% of the total Canada baby food market share in 2018.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/6070

Surge in awareness for nutrition, rise in parental concerns, rapid urbanization coupled with a significant increase in the working women population and surge in government initiatives for infant care are the major drivers of the Canada baby food market. Nowadays, health awareness and health concerns are on the rise among Canadian parents. They are willing to buy expensive and high-quality baby food to improve health and provide the right nutrition to their infants. Thus, rise in adoption of organic food and high consumer demand boost the growth of the Canada baby food market.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/6070

Manufacturers utilize these media channels to create consumer awareness regarding their baby food product offerings and their consequent benefits to sustain the intense competition in the Canada baby food market. For instance, the company Plum Organics features real stories, comic videos, and shareable badges on their website as a means of advertisement. Thus, they can relate to the target consumers and thereby influence their buying decisions. These factors have fueled the growth in the Canada baby food sector.

The rapid distribution of information coupled with the massive adoption of internet in Canada have propelled the use of e-commerce as a distribution channel. Ecommerce proves beneficial as it allows consumers to shop as per their convenience as well as enables price comparisons. Thus, it is used as a platform to boost the sales of baby food products. In addition, online technologies allow product differentiation and alleviate price competition, which is opportunistic for the Canada baby food market growth.

Organic products have been gaining steady share in retail market. More than half Canadians buy organic food weekly. This purchasing behavior pattern among the consumers creates huge opportunities for the organic baby food sector. In addition, due to increase in health consciousness among consumers, the preference for organic and clean-labelled products has increased significantly. Therefore, the high demand for natural and organic products continues to provide numerous opportunities for the manufacturers.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/3d9988be7e9eb910b778bc36ebde4399

Key Findings of the Canada Baby Food Market:

◆Based on type, the cereals segment accounts for the largest share in the baby food market analysis in 2019, however the dried baby food segment is expected to grow at the fastest CAGR of 9.5% during the forecast period.

◆Based on distribution channel, the offline store/retail store segment accounts for the larger Canada Baby Food Market demand in 2019, while the online segment is expected to experience growth at the fastest CAGR of 9.5% during the forecast period.

The key players in the Canada baby food industry include 𝗡𝗲𝘀𝘁𝗹é 𝗦.𝗔., 𝗗𝗮𝗻𝗼𝗻𝗲, 𝗣𝗹𝘂𝗺, 𝗣𝗕𝗖, 𝗛𝗮𝗶𝗻 𝗖𝗲𝗹𝗲𝘀𝘁𝗶𝗮𝗹, 𝗗𝗶𝗮𝗻𝗮 𝗚𝗿𝗼𝘂𝗽, 𝗠𝗲𝗮𝗱 𝗝𝗼𝗵𝗻𝘀𝗼𝗻 & 𝗖𝗼𝗺𝗽𝗮𝗻𝘆, 𝗟𝗟𝗖, 𝗔𝗯𝗯𝗼𝘁𝘁, 𝗟𝗼𝗯𝗹𝗮𝘄𝘀 𝗜𝗻𝗰., 𝗣𝗮𝗿𝗲𝗻𝘁'𝘀 𝗖𝗵𝗼𝗶𝗰𝗲 𝗜𝗻𝗳𝗮𝗻𝘁 𝗙𝗼𝗿𝗺𝘂𝗹𝗮, 𝗮𝗻𝗱 𝗞𝗿𝗮𝗳𝘁 𝗛𝗲𝗶𝗻𝘇 𝗖𝗼𝗺𝗽𝗮𝗻𝘆.

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Reports Includes:

MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key forces shaping Canada baby food market
3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Rapid increase in the number of working women
3.3.1.2. Rise in awareness on adequate nutrition
3.3.1.3. Introduction of innovative packaging to influence buying behavior

3.3.2. Restraints

3.3.2.1. Safety protocols by food inspection agencies
3.3.2.2. Promotion of breastfeeding through government initiatives

3.3.3. Opportunities

3.3.3.1. Organic baby food
3.3.3.2. Rise in online purchasing trends to boost sales
3.3.3.3. Extensive research on prebiotic and probiotics in baby food

3.4. Macro-economic factors

3.4.1. Overview

3.5. Consumer buying trends

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