San Antonio, TX, Sept. 18, 2013 (GLOBE NEWSWIRE) -- SAN ANTONIO, TX - The Indian baby food market was estimated to be over $330 million in 2012. The market is expected to show a steady growth rate throughout the forecast period. There has been increased nutritional awareness amongst the younger generation of parents. Additionally, birth rates have increased while disposable incomes have similarly increased. Such circumstances have created an environment primed for growth. The availability of different baby food options has increased market visibility, providing an environment for new market entrants.
Nestlé India Ltd (Nestle) emerged as the market leader of the Indian baby food market in 2012.
The base year of the research is 2012 and the forecasts are up to 2019. The study captures market drivers, restraints, market share analysis, revenue forecasts, pricing trends and key trends in the market. Some of the companies included in this research are Nestle, GlaxoSmithKline, Danone Groupe, Bombay Oxygen Corp, Abbot India Ltd and others.
The research includes dried baby food, milk formula and other baby food. This study provides revenue forecasts for each of the segments, as well as the total baby food market at large.
A copy of the Indian Baby Food research report can be obtained at www.verifymarkets.com.
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Source: Verify Markets