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the full Japan Baby Food & Pediatric Nutrition Market Report:
This
recent TMR report provides an overview of the overall market sector
covering all the information on baby food and pediatric nutrition in
Japan. The Japan baby food & pediatric nutrition market report
analyses the market trends of the global market and provides the
forecast to 2017. The report consists of methods of examining live
birth rates, economic crisis in Japan, breastfeeding trends, changing
attitudes and lifestyle, new baby food product packaging
developments, and other safety concerns affecting the market for baby
cereals, milks, meals, finger foods, and baby drinks.
Japan
has witnessed a constant decline in the demand of baby food due to
the decreasing birth rate over the past few years. Against such a
backdrop of a continuing drop in the number of births, the retail
sales are not likely to rise up or show any type of overall growth,
albeit the rise in current price occurs to be 5% for the given
forecast. Due to the faster adoption of single serving products in
terms of unit price, an overall reduction in value is expected as
compensation.
A
number of underlying factors are responsible behind the trend of
declining figures most of which include, the economic slump seen in
the past decade in Japan, women marrying at a later age,
non-child-friendly employment policies, and fluctuating lifestyles
have been slowing down the growth of baby food in the global market.
In addition, the phenomenon of men and women aged 20 to 35 living a
parental life despite being employed also affect the growth of this
market. Such individuals postpone their marriage and contribute
little to the household activities.
Nevertheless,
the growth in demand of toddler baby food products, particularly the
single serving products has engaged strong compensation to the volume
decline to a certain extent. The consumption volume is expected to
decrease in the given forecast. The overall value of the declination
is limited to USD 20 million over the period 2011 to 2007. As parents
worldwide are becoming aware of the nutritional requirements and
healthy baby food products needed in their baby’s food, they are
increasingly opting for enhanced products that benefit their babies
throughout the infant development stage. Many parents have time
limitations and high concerns about their baby’s nutrition and
development which in turn encourages the Japan baby food &
pediatric market to cater challenging and customer satisfactory baby
food retail products including bottled baby food, canned baby food,
baby snacks, and baby cereal.
According
to this study report, the global baby food & pediatric nutrition
market in 2011 is estimated be worth USD 38,180.9 million growing
with a CAGR of 7.97% during 2007 – 2011 from USD 28,100.0 million
in 2007. The market is further predicted to reach USD 41,521.7
million in 2012 and is forecasted to reach USD 63,681.0 million in
2017.
Geographically,
Asia Pacific is predicted to lead the market with its largest share
of revenue. Asia-Pacific is a constitution of many other countries
including, China, Japan, Indonesia, Thailand, Philippines, Vietnam,
Malaysia, India, Taiwan, South Korea, and Singapore. However,
Asia-Pacific is accounted for 40.20% of the global baby food &
pediatric nutrition market revenue valued at USD 16,692.5 million in
2012. The Japan baby food & pediatric nutrition market is further
expected to reach a value of USD 30,149.1 million in 2017 growing at
a CAGR of 12.55% during 2012 – 2017, and is expected to account for
largest share of volume 37.82% at 1,223.9 thousand tonnes in 2012. By
2017, the segment will reach 1,846.3 thousand tonnes with a CAGR of
8.57% during 2012 – 2017.
Among
the key market players, Meiji Holdings Co Ltd leads the Japanese baby
food and pediatric nutrition market share in excess of 30%.
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