The global kid’s food and beverages market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2024-2031). With the rising health concerns associated with the intake of energy-dense foods high in fat and sugars, nutritional food brands are expected to gain a significant market share in the coming years. The growing health awareness among the people, the increasing government initiatives to feed healthy products to children, and the growing literacy rate are expected to provide a significant push to this market, especially when it comes to child immunity and health. For instance, in 2020, Nestle S.A. launched two new plant-based beverages including Milo and Nesquick Go Vegetal that are made from 100% natural ingredients and have low sugar content. Besides, Eat Well Investment Group Inc. has recently decided to expand one of its companies, Amara Organic Foods, to Canada. These developments and the emergence of new companies specially devoted to the sector hold a bright perspective for developing the kids’ food and beverage market.
The easy availability of food and beverages backed up by the growing online distribution channels that easily present the wide variety available in the market is expected to become the major key highlight for the kids’ food and beverages market. Additionally, strong advertisements by the companies, high investment in marketing, and branding have always boosted the food and beverage sector, and the trend is expected to continue further.
The growing health concerns like obesity, hypertension, impaired glucose tolerance, etc., in kids highly associated with the high intake of junk food, are expected to hamper the market's growth in the coming years. However, the emergence of nutritious food brands under the category is expected to benefit and propel in the coming years. For instance, in July 2022, Danone launched the Dairy & Plants Blend formula in response to requests from parents for feeding options that are appropriate for vegetarian diets and plant-based diets, while also addressing the specific nutrient needs of their children.
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Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
· By Product Type
· By Age-Group
· By Distribution Channel
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape- Lifeway Foods Inc., McKee Foods Corporation, Nestlé S.A., PepsiCo Inc, The Kraft Heinz Company, and others.
Kids Food and Beverages Market Report Segment
By Product Type
· Bakery Products
· Fruits and Vegetables
· Dairy Products
· Beverages
· Cereals And Grains
· Snacks
· Others
By Age-Group
· 2 to 3 years
· 4 to 8 years
· 9 to 13 years
· 14 to 18 years
By Distribution Channel
· Online
· Offline
A full Report of Kids Food and Beverages Market is Available @ https://www.omrglobal.com/industry-reports/kids-food-and-beverages-market
Kids Food and Beverages Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
· Atkins Nutritionals Inc.
· Britvic Plc
· Brothers International Food Corp.
· Campbell Soup Company
· Conagra Brands Inc.
· Elevation Brands LLC
· General Mills Inc.
· GlaxoSmithKline Plc
· Kellogg Company
· Lifeway Foods Inc.
· McKee Foods Corp.
· Mondelez International
· Nestlé S.A.
· PepsiCo Inc
· The Kraft Heinz Co.
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