Global Baby Foods and Infant Formula Industry

• Publication date: November 2012
• Report size: 578 pages

This report analyzes the worldwide markets for Baby Foods and Infant Formula in US$ Million by the following Product Segments: Infant Formula (Baby Milks/Baby Formulas), Baby Meals, Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Cookies. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Annual estimates and forecasts are provided for the period 2010 t...

This report analyzes the worldwide markets for Baby Foods and Infant Formula in US$ Million by the following Product Segments: Infant Formula (Baby Milks/Baby Formulas), Baby Meals, Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Cookies. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. The report profiles 118 companies including many key and niche players such as Abbott Laboratories, Abbott Nutrition, The Hain Celestial Group, Inc., Groupe Danone SA, Bledina SA, Milupa GmbH, Nutricia Nederland B.V., Cow and Gate Ltd., H. J. Heinz Company, Hero AG, Beech-Nut Nutrition Corporation, Semper AB, Mead Johnson Nutrition Company, Morinaga Milk Industry Co., Ltd., Nestle S.A., Gerber Products Company, Pfizer, Inc., SMA Nutrition, Synutra International, Inc., and Wakodo Co. Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.

Baby Food Industry

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Infant Formula I-3
Baby Meals I-3
Baby Cereals I-4
Baby Juices/Drinks I-4
Baby Biscuits/Cookies I-4


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW II-1
Baby Foods: A Prelude II-1
Table 1: Global Per Capita Consumption of Infant Formula &
Other Baby Food (in US$) for Select Markets (2010) (includes
corresponding Graph/Chart) II-1
Child-Rearing Offers Exciting Market Opportunities II-2
Key Factors Impacting Sales II-2
Factors Impacting Sales of Baby Foods and Infant Formula in
the Worldwide Market (On a Scale of 1-10) II-2
Impact of Recession in Retrospect II-2
Outlook II-3
Developing Markets to Lend Traction in the Short to Medium
Term Period II-3
Growing Number of Working Women - A Major Growth Factor II-3
Commercially Prepared Baby Foods - Boon for Working Parents II-4
Quality & Convenience Take Stronger Hold II-4
Innovation is the Name of the Game II-4
Spurt of Specialized Formula Products in the Market II-4
Soy-based Formula Gains Popularity II-5
Safety: A Crucible of Success II-5
Provision of Information Will Be Key to Gain Consumer Acceptance II-6
Baby Foods not Limited to Usual Products II-6
Expanding Consumer Base for Baby Food Market II-6
Baby Milk Market - Steadily Grow due to Follow-on Formulas II-6
Adult Style Recipes Favored by Babies II-7
ARA and DHA Enriched Baby Food on the Growth Curve II-7
Key Issues II-7
Political Will, Breastfeeding, Contamination II-7
Unethical Marketing Promotions II-7
Product Recalls - A Cause for Concern? II-8
Declining Birth Rates II-9
Table 2: Global Birth Rate Statistics (2010): Breakdown of
Number of Births Per 1000 Population for Key Countries
(includes corresponding Graph/Chart) II-10
Barriers to Entry in the Milk Formula Market II-11
Baby Food Manufacturers Diversify into Toddler Market II-11
Competition Heats Up!! II-11
Table 3: Leading Players in the Global Baby Food Market
(2011): Percentage Breakdown of Value Sales by Leading
Players (includes corresponding Graph/Chart) II-12

Table 4: Global Infant Formula Market (2011): Percentage
Breakdown of Value Sales by Leading Players (includes
corresponding Graph/Chart) II-12

Table 5: Leading Players in the Global Infant Formula Milk
Market (2011): Percentage Market Share by Leading Players
(includes corresponding Graph/Chart) II-12

2. REGULATORY ISSUES AND DEVELOPMENTS II-13
Presence of Perchlorate in Formula Could Possibly Impair Brain
Development II-13
Presence of E. sakazakii in Infant Formula Trouble Regulatory
Authorities II-13
Rules and Regulations Regarding Commercial Baby Foods II-14
The International Code on Breast Feeding II-14
WHO’s International Code Violated by Several Manufacturers II-14
Chinese Food Scare Raises Concerns II-15
Infant Formula - Issues and Regulations II-15
Directives on Composition and Labeling of Infant Formula II-16
Infant Formula vs. Breastfeeding II-16
Known Contaminants Found in Infant Formula II-17
Aluminum II-17
Silicon II-17
GE Products II-17
MSG II-17
Phytoestrogen II-17

3. PRODUCT OVERVIEW II-19
Baby Food and Infant Formula II-19
Beginning the Baby’s Diet II-19
General Food Diet Followed for Babies II-19
Complementary Foods II-19
Table Foods II-20
Cow's Milk II-20
Supplements II-20
Nutrient Needs II-20
Baby Food Substitutes II-20
The Thriving Organic Baby Food Market II-20
Overview of Key Product Segments II-21
A. Infant Formula II-21
Infant Formula - Not a Science Equation for Infants II-21
History of Infant Formula: II-21
Types of Infant Formula II-22
By Product Type II-22
Hypoallergenic Formula II-22
Milk-Free and Lactose-Free Infant Formula II-22
Categorization by Form II-22
Standard Cow-Milk-Based Formula II-23
Cow-Milk Formula Intolerance II-23
New Cow-Milk-Based Formulas II-24
Soy-based Formulas II-25
Switching Between Formulas II-25
Supplementing Infant Formulas with LCPs II-26
Soy Formulas Ranked behind Mothers’ Milk and Cows’ Milk II-26
Introduction of Solid Food in a Baby’s Diet II-26
B. Baby Meals II-27
Wet and Dry Meals II-27
Experts in Choosing their Own Meals II-27
C. Baby Cereals II-27
D. Baby Juices/Drinks II-27
E. Baby Biscuits/Cookies II-28
Finger Foods - Good for Babies II-28

4. RECENT INDUSTRY ACTIVITY II-29
DMK Acquires Sunval II-29
Danone Takes Over Nutrition Business of Wockhardt II-29
Nestle to Establish New Plant in Indonesia II-29
Mead Johnson to Establish Production Facility in Singapore II-29
Arla Foods Enter into Agreement with Biostime International II-29
NUK Brand Introduces New Product Line II-29
Heinz China to Establish Shansui Baby Food Facility II-30
A2 Corporation Enters into Supply Agreement with Synlait II-30
Mead Johnson and SanCor Enter JV II-30
Nestle, BioGaia Enters into Agreement II-30
Mead Johnson Nutrition Enters into Joint Venture with SanCor II-30
Pfizer to Divest Baby Formula Division II-31
Nestlé Inaugurates New Production Unit in Switzerland II-31

5. CORPORATE ACTIVITY IN THE RECENT PAST - A PERSPECTIVE BUILDER II-32
Nestlé Nutrition Expands GERBER facility II-32
Mead Johnson Nutrition and Almarai Enter into Joint Venture II-32
Darwin Acquires Plum II-32
Perrigo Acquires PBM Holdings II-32
Arla Foods, Danisco to Partner for Development of Infant Formula II-33
Mead Johnson and Almarai Inks Agreement to Develop Joint Venture II-33
Kuwait Cooperative Societies to Ban Hero’s Baby Milk II-33
Glanbia Nutritionals Inaugurates Modern Mineral and Vitamin
Pre-Mix Facility II-33
Beijing Sanyuan Foods Commences Sale of Company’s First Infant
Formula II-34
The Carlyle Group Announces Minority Stake in Yashili Group to
Boost its Growth in Infant Formula Segment II-34
Plum Forays into Chilled Market Segment with the Launch of
From Age Frais II-35
Bristol-Myers Completes Spin-Off of Mead Johnson Nutrition Inc II-35
Nestle SA, Osem Purchase 51% stake in Maabarot II-35
Fonterra Inks Supply Deal with Martek Biosciences II-35
Hochdorf to Build New Spray Drying Facility II-35
Lactalis Plans US$51.3M Investment in Baby Formula Business II-35
Hain Celestial, Hutchison China Set Up JV for Selling Infant
Food in China II-36
Heilongjiang Wondersun Dairy to Purchase Assets from Synutra II-36
Martek Inks Sole-Source, Multi-Year Supply Deal with Milk
Powder Solutions II-36
Nutritek Completes Acquisition of NZDL II-37
Ulker Hero Bay to Inaugurate New Infant Food Factory II-37
Abbott Acquires Nutritional Businessses and Allied Facilities
of Wockhardt II-37
Martek Inks a Multi-Year Supply Pact with Puleva Food II-37
Ausnutria Dairy Announce Plans to Expand Product Portfolio II-37
Beijing Sanyuan Foods Commences Sale of Company’s First Infant
Formula II-37
Carlyle Group Purchases Minority Stake in Yashili Group II-38
Sunval Nahrungsmittel to Acquire Hochdorf Holding AG II-38
The Nest Collective Completes Acquisition of Plum Organics II-38
PBM Announces Plans for Setting Up Manufacturing Plant in US II-38
Wakodo to Expand Production Capacity II-39
NutraCea Files For Insolvency II-39

6. PRODUCT INTRODUCTIONS/INNOVATIONS II-40
Plum Organics Launches Kids Snacks II-40
Heinz Introduces New Taste Of Home Baby Food Range II-40
Heinz Launches 100% Fruit Smoothies Range II-40
Ella’s Kitchen Unveils Baby Breakfast Cereal II-40
Valio Launches Baby Food Products II-41
Ella’s Kitchen Introduces Babies’ Desert Range II-41
MEDport® Introduces Fresh Starts™ - A New Line of Products II-41
Danone Introduces Blédina du Jour Baby Food II-41
Heinz Launches Two Flavors in Dessert Pots II-41
Sprout Introduces Organic Meals for Toddlers II-42
Gerber Products Introduces Good Start Soothe Formula II-42
Plum Unveils Taste Adventures Meals for Infants II-42
HiPP Organic Introduces Savoury Pouches II-42
Beech-Nut® Launches New Range of Nutritious Baby Food
Featuring Mott's® Applesauce II-43
Nestlé to Introduce Neslac to Boost Market Share II-43
Teva Rolls Out Nutrilon Infant Formula in Israel II-43
Nurture Inc. Unveils HAPPYNATURALS II-43
Hain Celestial Launches Zhi Ling Tong ® and Earth's Best® II-44
Aldo Zilli Unveils Baby Zilli II-44
Beech-Nut Launches Beech-Nut Range of Baby Foods II-44
HTO to Launch a Range of Readymade Baby Meals II-44
Nestlé Introduces Neslac Excella 1+ II-45
Nestlé Introduces BabyNes II-45
Pfizer Introduces GOLD Range of Child Nutrition Products II-45
ASDA Stores Introduces Little Angels Baby Food II-45

7. PRODUCT INNOVATION/INTRODUCTION IN THE RECENT PAST - A
PERSPECTIVE BUILDER II-46
Beech-Nut and Disney Consumer Products Unveil New Range of
Nutritious Toddler Foods II-46
Beech-Nut® Rolls Out New Range of Healthy Baby Food Co-Branded
with Green Giant Brand II-46
HJ Heinz Company Introduces Taste of Home Baby Food Range in
Resealable Pots II-46
HJ Heinz Company Australia Introduces Heinz Nurture Gold All
Ages Infant Formula II-46
Nestlé Introduces Impress “Easy Scoop” II-47
Abbott Laboratories Introduces Ensure Clinical Strength and
Ensure Muscle Health Nutrition Shakes II-47
American Dairy Introduces AstroBaby Infant Formula Line II-47
Heinz Launches Organic Stock Cubes II-48
Unimilk to Roll-Out Children’s Products Under Disney Brand II-48
Plum Organics Launches ‘Just’ Fruit Food for Babies II-48
Cipla Plans to Release Homeopathic and Ayurvedic Products II-48
Pristine Organic to Unveil Organic Diabetes Biscuits II-49
Sanyuan Introduces New Milk Powder Products II-50
Plum Forays into Chilled Market Segment with the Launch of
Fromage Frais II-50
Almarai Embarks on Development of New Infant Formula II-50
Nestlé Nutrition to Introduce NaturNes II-50
DSM Nutritional Products Introduces ROPUFA® ‘10' n-3 INF
Powder S/SD II-50
Gerber Rolls Out ‘Top Ramen Dinner’ II-50
PBM Products Releases Bright Beginnings® Neo Care™ Infant Formula II-51
Beta Healthcare Diversifies into Baby Food Business II-51
Highgrove Announces Plans to Roll-out Chilled Baby-food
Collection II-51

8. FOCUS ON SELECT GLOBAL PLAYERS II-52
Abbott Laboratories (USA) II-52
Abbott Nutrition II-52
The Hain Celestial Group Inc (US) II-53
Groupe Danone SA (France) II-53
Bledina SA (France) II-53
Milupa GmbH (Germany) II-54
Nutricia Nederland B.V. (The Netherlands) II-54
Cow and Gate Ltd. (UK) II-54
H. J. Heinz Company (US) II-54
Hero AG (Switzerland) II-55
Beech-Nut Nutrition Corporation (US) II-55
Semper AB (Sweden) II-55
Mead Johnson Nutrition Company (USA) II-56
Morinaga Milk Industry Co., Ltd. (Japan) II-56
Nestle S.A. (Switzerland) II-56
Gerber Products Company (US) II-57
Pfizer Inc (USA) II-57
SMA Nutrition (UK) II-57
Synutra International Inc (USA) II-58
Wakodo Co. Ltd. (Japan) II-58

9. GLOBAL MARKET PERSPECTIVE II-59
Table 6: World Recent Past, Current & Future Analysis for Baby
Foods and Infant formula by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
Middle East, and African Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) II-59

Table 7: World Historic Review for Baby Foods and Infant
formula by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, Middle East,
and African Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) II-60

Table 8: World 15-Year Perspective for Baby Foods and Infant
formula by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, Middle East, and African Markets for
Years 2004, 2011 & 2018 (includes corresponding Graph/Chart) II-61

Table 9: World Recent Past, Current & Future Analysis for
Infant Formula by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, Middle
East, and African Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2010 through 2018
(includes corresponding Graph/Chart) II-62

Table 10: World Historic Review for Infant Formula by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, Middle East, and African
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) II-63

Table 11: World 15-Year Perspective for Infant Formula by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, Middle East, and African Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) II-64

Table 12: World Recent Past, Current & Future Analysis for
Baby Meals by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, Middle East,
and African Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2010 through 2018 (includes
corresponding Graph/Chart) II-65

Table 13: World Historic Review for Baby Meals by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, Middle East, and African Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2004 through 2009 (includes corresponding
Graph/Chart) II-66

Table 14: World 15-Year Perspective for Baby Meals by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, Middle East, and African Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) II-67

Table 15: World Recent Past, Current & Future Analysis for
Baby Cereals by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, Middle East,
and African Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2010 through 2018 (includes
corresponding Graph/Chart) II-68

Table 16: World Historic Review for Baby Cereals by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, Middle East, and African Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2004 through 2009 (includes corresponding
Graph/Chart) II-69

Table 17: World 15-Year Perspective for Baby Cereals by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, Middle East, and African Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) II-70

Table 18: World Recent Past, Current & Future Analysis for
Baby Juices/Drinks by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, Middle
East, and African Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2010 through 2018
(includes corresponding Graph/Chart) II-71

Table 19: World Historic Review for Baby Juices/ Drinks by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, Middle East, and African
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) II-72

Table 20: World 15-Year Perspective for Baby Juices/Drinks by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, Middle East, and African Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) II-73

Table 21: World Recent Past, Current & Future Analysis for
Baby Biscuits/Rusks by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, Middle
East, and African Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2010 through 2018
(includes corresponding Graph/Chart) II-74

Table 22: World Historic Review for Baby Biscuits/ Rusks by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, Middle East, and African
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) II-75

Table 23: World 15-Year Perspective for Baby Biscuits/Rusks by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, Middle East, and African Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) II-76


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Market Overview III-1
Market Fundamentals: A Review III-1
Child Population & Birth Rates III-1
Fertility Rate III-2
Table 24: Child Birth in US: Breakdown of Number of Births
Per 1,000 Population for the Years 2003 through 2010
(includes corresponding Graph/Chart) III-2
Infant Formula Milk: An Expensive Proposition III-2
Manufacturers Resort to Aggressive Marketing to Improve
Market Share III-3
Organic Baby Foods Market Witness Healthy Gains III-3
Table 25: US Baby Foods Market (2011): Percentage
Breakdown of Value Sales for Baby Food of Organic and
Non-Organic Origin by Segment - Baby Cereal & Biscuits,
Strained Baby Food and Baby Food Junior (includes
corresponding Graph/Chart) III-4
ARA and DHA Spruce up Baby Food Market III-4
Better and Wider Choice of Foods III-5
Hispanic Population - Potential Opportunity III-5
Customer Buying Behavior in Infant Formula Market III-5
Working Status of Women - Determinant Factor III-5
The Women, Infants and Children (WIC) Program III-5
Competitive Scenario III-6
Table 26: US Market for Baby Foods (2011): Percentage Share
Breakdown of Value Sales for Key Players - Nestle SA,
Beech-Nut Nutrition Corporation, and Others (includes
corresponding Graph/Chart) III-6

Table 27: US Market for Infant Formula (2011): Percentage
Share Breakdown of Value Sales by Key Players (includes
corresponding Graph/Chart) III-6

Table 28: US Baby Food/Snack Market (2011): Percentage
Market Share Breakdown by Leading Brands (includes
corresponding Graph/Chart) III-7

Table 29: US Baby Juice Market (2011): Percentage Market
Share Breakdown by Leading Players (includes corresponding
Graph/Chart) III-7

Table 30: US Baby Juice Market (2011): Percentage Market
Share Breakdown by Leading Brands (includes corresponding
Graph/Chart) III-7

Table 31: US Market for Infant Formula (2010): Percentage
Breakdown of Dollar Sales by Base - Milk, Soy and Others
(includes corresponding Graph/Chart) III-8

Table 32: US Market for Infant Formula (2010): Percentage
Breakdown of Dollar Sales DHA/ARA Supplement Status
(includes corresponding Graph/Chart) III-8

Table 33: US Market for Infant Formula (2010): Percentage
Breakdown of Dollar Sales by Form - Power Liquid
Concentrate and Ready- to-Use (includes corresponding
Graph/Chart) III-8
Retail Channels III-8
Table 34: Baby Food Market in the US (2011): % Market Share
by Value Sales and Volume Sales for Supermarkets, Drug
Stores, and Discounters (includes corresponding
Graph/Chart) III-9

Table 35: Baby Formula/Powder Market in the US (2011): %
Market Share by Value Sales for Supermarkets, Drug Stores,
and Discounters (includes corresponding Graph/Chart) III-9
Online Baby Food Shopping Gains Pace III-10
Regulations in the Infant Formula Market III-10
New Bills to Boost Breast Feeding III-10
Strategic Corporate Developments III-10
Product Launches III-13
Key Players III-17
B.Market Analytics III-21
Table 36: US Recent Past, Current & Future Analysis for Baby
Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-21

Table 37: US Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, & Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-22

Table 38: US 15-Year Perspective for Baby Foods and Infant
formula by Product Segment - Percentage Breakdown of Dollar
Sales for Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets for 2004,
2011 & 2018 (includes corresponding Graph/Chart) III-23

2. CANADA III-24
A.Market Analysis III-24
Market Overview III-24
B.Market Analytics III-24
Table 39: Canadian Recent Past, Current & Future Analysis
for Baby Foods and Infant formula by Product Segment -
Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-24

Table 40: Canadian Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, & Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-25

Table 41: Canadian 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-26

3. JAPAN III-27
A.Market Analysis III-27
Market Overview III-27
Competition III-27
Table 42: Leading Players in the Japanese Baby Milk Powder
Market (2010) - Market Share by Value Sales for Meiji Dairy
Corp, Morinaga Milk Industry and Others (includes
corresponding Graph/Chart) III-27
Baby Foods Market - Trends Displayed III-27
Market Influenced by Steady Increase in Working Women III-27
New Takers III-28
Retailers Change Strategies to Attract the Elderly III-28
Strategic Corporate Development III-28
Key Players III-28
B.Market Analytics III-30
Table 43: Japanese Recent Past, Current & Future Analysis
for Baby Foods and Infant formula by Product Segment -
Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-30

Table 44: Japanese Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-31

Table 45: Japanese 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-32

4. EUROPE III-33
A.Market Analysis III-33
Baby Foods & Infant Formula Market- Overview III-33
Impact of Declining Birth Rate III-33
Organic Baby Food - The Niche Sector III-33
High Entry Barriers III-33
Regulatory Environment III-33
Europe Proposes to Recast and Amend Directive 91/321/EEC III-34
Required Composition III-34
Call for GM Testing III-34
Eastern Europe Provides Growth Prospective III-35
Competitive Scenario III-35
Table 46: Western Europe Infant Formula Market (2011):
Percentage Market Share Breakdown by Leading Players
(includes corresponding Graph/Chart) III-35

Table 47: Eastern Europe Infant Formula Market (2011):
Percentage Market Share Breakdown by Leading Players
(includes corresponding Graph/Chart) III-35
B.Market Analytics III-36
Table 48: European Recent Past, Current & Future Analysis
for Baby Foods and Infant formula by Geographic Region -
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2010 through 2018 (includes
corresponding Graph/Chart) III-36

Table 49: European Recent Past, Current & Future Analysis
for Baby Foods and Infant formula by Product Segment -
Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-37

Table 50: European Historic Review for Baby Foods and Infant
formula by Geographic Region - France, Germany, Italy, UK,
Spain, Russia & Rest of Europe Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2004 through 2009 (includes corresponding Graph/Chart) III-38

Table 51: European Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-39

Table 52: European 15-Year Perspective for Baby Foods and
Infant formula by Geographic Region - Percentage Breakdown
of Dollar Sales for France, Germany, Italy, UK, Spain,
Russia & Rest of Europe Markets for Years 2004, 2011 & 2018
(includes corresponding Graph/Chart) III-40

Table 53: European 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-41

4a. FRANCE III-42
A.Market Analysis III-42
Market Overview III-42
A Major Global Consumer III-42
Salts Preferred over Sweets III-42
Regulations III-43
Import Regulations III-43
Strategic Corporate Developments III-43
Product Launch III-43
Key Players III-44
B.Market Analytics III-45
Table 54: French Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-45

Table 55: French Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-46

Table 56: French 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/ Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-47

4b. GERMANY III-48
A.Market Analysis III-48
Market Overview III-48
Infant Formula Market - An Overview III-48
Retail Channel Review III-48
Table 57: German Baby Food Market (2011): Percentage
Breakdown of Volume Sales by Distribution Channel for
Drugstores, Supermarkets, Food Stores, Discounters and
Others (includes corresponding Graph/Chart) III-48
Strategic Corporate Developments III-49
Key Players III-49
B.Market Analytics III-50
Table 58: German Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-50

Table 59: German Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, & Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-51

Table 60: German 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-52

4c. ITALY III-53
A.Market Analysis III-53
Market Overview III-53
Key Player III-53
B.Market Analytics III-54
Table 61: Italian Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-54

Table 62: Italian Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
correspondingGraph/Chart) III-55

Table 63: Italian 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-56

4d. THE UNITED KINGDOM III-57
A.Market Analysis III-57
Market Overview III-57
Market Outlook III-57
Market Trends III-57
Product Innovations Balance the Downhill Trend III-57
Organic Baby Food- Fast Growing III-58
Continuing Debate on Relevance of ‘Organic’ in Baby Foods III-58
Concerns Over Low Breast Feeding Rate III-58
Review of Select Segments III-59
Ready-to-Feed Formula Sector in the UK III-59
Follow-on Milks Drive the Baby Milks Segment III-59
Baby Juices and Drinks III-59
Competition III-59
Table 64: UK Baby Foods Market (2011): Percentage Share
Breakdown of Value Sales by Leading Brands (includes
corresponding Graph/Chart) III-60
Strategic Corporate Development III-60
Product Launches III-60
Key Players III-62
B.Market Analytics III-63
Table 65: UK Recent Past, Current & Future Analysis for Baby
Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-63

Table 66: UK Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-64

Table 67: UK 15-Year Perspective for Baby Foods and Infant
formula by Product Segment - Percentage Breakdown of Dollar
Sales for Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets for 2004,
2011 & 2018 (includes corresponding Graph/Chart) III-65

4e. SPAIN III-66
A.Market Analysis III-66
Penetration of Baby Foods in Spain III-66
High Court Ban Ends Monopoly of Pharmacies in Selling Baby Food III-66
Strategic Corporate Development III-66
Key Player III-67
B.Market Analytics III-67
Table 68: Spanish Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/ Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-67

Table 69: Spanish Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, & Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-68

Table 70: Spanish 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-69

4f. RUSSIA III-70
A.Market Analysis III-70
Baby Food Market in Russia III-70
Competitive Landscape - Historic Perspective III-71
Table 71: Leading Players in the Russian Infant Milk Market
(2011): Percentage Breakdown of Value Sales by Leading
PLayers (includes corresponding Graph/Chart) III-71
Imports Account for Larger Share III-71
Russia to Ban Imports of Baby Foods from Moldova III-72
Key Players III-72
B.Market Analytics III-73
Table 72: Russian Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-73

Table 73: Russian Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-74

Table 74: Russian 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-75

4g. REST OF EUROPE III-76
A.Market Analysis III-76
Market Overview III-76
Finland III-76
Leading Players III-76
Ireland III-76
Austria III-76
Austrian Baby/Infant Market III-76
Baby Food Sales III-77
Marketing Channel III-77
Legal Requirements III-77
Import Requirements III-77
US Export Opportunities III-77
Belgium III-77
Ukraine III-78
Baby Food Market - High Growth Potential III-78
Sweden III-78
Liquid Porridge - A Staple Diet for Swedish Babies III-78
Poland III-78
The Netherlands III-78
Strategic Corporate Developments III-78
Product Launches III-80
Key Players III-81
B.Market Analytics III-83
Table 75: Rest of Europe Market for Baby Foods and Infant
formula - Recent Past, Current & Future Analysis by Product
Segment for Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-83

Table 76: Rest of Europe Market for Baby Foods and Infant
formula - Historic Review by Product Segment for Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2004 through
2009 (includes corresponding Graph/Chart) III-84

Table 77: Rest of Europe 15-Year Perspective for Baby Foods
and Infant formula by Product Segment - Percentage Breakdown
of Dollar Sales for Infant Formula, Baby Meals, Baby
Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks Markets
for 2004, 2011 & 2018 (includes corresponding Graph/Chart) III-85

5. ASIA-PACIFIC III-86
A.Market Analysis III-86
Market Overview III-86
Table 78: Asia-Pacific Baby Foods Market (2011): Percentage
Breakdown of Distribution Channels for Supermarkets, Mass
Merchandisers, Drugstores and Others (includes
corresponding Graph/Chart) III-86

Table 79: Asia-Pacific Infant Formula Market (2011):
Percentage Market Share Breakdown by Leading Players
(includes corresponding Graph/Chart) III-86
B.Market Analytics III-87
Table 80: Asia Pacific Recent Past, Current & Future
Analysis for Baby Foods and Infant formula by Geographic
Region - China, Indonesia, Australia, Korea, Malaysia,
Taiwan, India, Rest of Asia Pacific Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-87

Table 81: Asia-Pacific Recent Past, Current & Future
Analysis for Baby Foods and Infant formula - by Product
Segment for Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-88

Table 82: Asia Pacific Historic Review for Baby Foods and
Infant formula by Geographic Region - China, Indonesia,
Australia, Korea, Malaysia, Taiwan, India, Rest of Asia
Pacific Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-89

Table 83: Asia-Pacific Historic Review for Baby Foods and
Infant formula by Product Segment for Infant Formula, Baby
Meals, Baby Cereals, Baby Juices/Drinks, and Baby
Biscuits/Rusks Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2004 through 2009
(includes corresponding Graph/Chart) III-90

Table 84: Asia Pacific 15-Year Perspective for Baby Foods
and Infant formula by Geographic Region - Percentage
Breakdown of Dollar Sales for China, Indonesia, Australia,
Korea, Malaysia, Taiwan, India, Rest of Asia Pacific Markets
for Years 2004, 2011 & 2018 (includes corresponding
Graph/Chart) III-91

Table 85: Asia-Pacific 15-Year Perspective for Baby Foods
and Infant formula by Product Segment - Percentage Breakdown
of Dollar Sales for Infant Formula, Baby Meals, Baby
Cereals, Baby Juices/Drinks, and Baby Biscuits/Rusks Markets
for 2004, 2011 & 2018 (includes corresponding Graph/Chart) III-92

5a. CHINA III-93
A.Market Analysis III-93
Demand to Grow Rapidly III-93
Opportunity Indicators III-93
Table 86: Per Capita Consumption (in Kilograms) of Baby
Foods in China (0-3 Age Group) compared to Malaysia,
Thailand, and Indonesia (includes corresponding
Graph/Chart) III-93

Table 87: Infant Population in China (2005-2010): Yearly
Breakdown of Number of Infants (in million) (includes
corresponding Graph/Chart) III-94

Table 88: Annual Expenditure on Children's Products Per
Urban Household in China (in RMB) for Year 2009-2013
(includes corresponding Graph/Chart) III-94
China: A Heterogeneous Market III-94
Chinese Baby Food Market Characteristics III-95
High Entry Barriers III-95
Leading Players III-95
Regulatory Issues III-95
Baby Food Alarm Hits Chinese Market III-96
China Shuts Down Milk Collection Stations III-96
Renewed Opportunities for Foreign Players III-96
Key Statistics: III-97
Table 89: Chinese Infant Formula Market (2011): Percentage
Market Share Breakdown by Product Tier - Supreme Tier,
High-Tier, Mid-Tier and Low-Tier (includes corresponding
Graph/Chart) III-97

Table 90: Chinese High-Tier (RMB200-300 per 900g) Infant
Formula Market (2011): Percentage Breakdown of Retail Value
Sales by Leading Players (includes corresponding
Graph/Chart) III-97

Table 91: Chinese Supreme-Tier (Over RMB 300 per 900g)
Infant Formula Market (2010): Percentage Breakdown of
Retail Value Sales by Leading Players (includes
corresponding Graph/Chart) III-98
Strategic Corporate Developments III-98
Product Launches III-100
Ausnutria Dairy (Hunan) Company Ltd (China) - A Key Player III-101
B.Market Analytics III-102
Table 92: Chinese Recent Past, Current & Future Analysis for
Baby Foods and Infant formula by Product Segment - Infant
Formula, Baby Meals, Baby Cereals, Baby Juices/Drinks, and
Baby Biscuits/Rusks Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2010 through
2018 (includes corresponding Graph/Chart) III-102

Table 93: Chinese Historic Review for Baby Foods and Infant
formula by Product Segment - Infant Formula, Baby Meals,
Baby Cereals, Baby Juices/Drinks, & Baby Biscuits/Rusks
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2004 through 2009 (includes
corresponding Graph/Chart) III-103

Table 94: Chinese 15-Year Perspective for Baby Foods and
Infant formula by Product Segment - Percentage Breakdown of
Dollar Sales for Infant Formula, Baby Meals, Baby Cereals,
Baby Juices/Drinks, and Baby Biscuits/Rusks Markets for
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-104

5b. AUSTRALIA III-105
A.Market Analysis III-105
FSA Sets New Regulations III-105
Strategic Corporate Developments III-105
Product Launches III-106
B.Market Analytics III-107
Table 95: Australian Recent Past, Current & Future Analysis
for Baby Foods and Infant formula by Product Segment -
Infant Formula, Baby Meals, Baby Cereals, Baby
Juices/Drinks, and Baby Biscuits/Rusks Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2010 through 2018 (includes corresponding Graph/Chart) III-107

Table 96: Australian Historic Review for Baby Foods and
Infant formula by Product Segment - Infant Formula, Baby
Meals, Baby Cereals, Baby Juices/Drinks, and Baby
Biscuits/Rusks Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2004 through 2009
(includes corresponding Graph/Chart) III-108

Table 97: Australian 15-Year Perspective for Baby Foods and
Infant formula by Product Segm