North America Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Prepared, Dried, and Others) and Distribution Channel (Hypermarket and Supermarket, Convenience Stores, Online, and OthersNorth America Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Prepared, Dried, and Others) and Distribution Channel (Hypermarket and Supermarket, Convenience Stores, Online, and Others
The baby finger food market in North America is expected to reach US$ 10,044.73 million by 2027 from US$ 5,775.80 million in 2019; it is expected to grow at a CAGR of 7.2% from 2020 to 2027.
US and Canada are the major contributors to the market in North America. In 2019, US contributed to the largest share in the North America baby finger food market. Growth in urbanization and upsurge in the middle-class population supports the market for baby finger food in the US. US is considered to be one of the significant markets of baby finger foods, in terms of production and consumption. Rapid urbanization coupled with increase in disposable income and shift in consumer lifestyle are some of the potential drivers facilitating the growth of the baby finger food market in the country. Further, the growth of distribution channel such as hypermarket and supermarket, online, convenience store and others along with strong presence of leading manufacturers have significantly driven the growth of the baby finger food market in US.
Availability of array of baby finger food is bolstering the growth of the baby finger food market in North America region. The demand and popularity of the baby finger foods are growing at a staggering rate. These foods offer tasty and variety of finger food for babies. Lotus Bakeries Corporate Kiddylicious introduced innovative NPD – Kiddylicious Melty Buttons and Kiddylicious Juicy Fruit Bars. Kiddylicious Melty Buttons are tasty rice buttons made with fruit and vegetables, ideal finger food for little hands. They are available in raspberry & beetroot and banana & pumpkin. As these foods are available in various flavors, babies become more excited to have such finger food. However, presence of high level of sugar content along with high price of baby finger food hinder the growth of the market in North America.
Based on distribution channel, the baby finger food market is bifurcated into hypermarkets and supermarkets, convenience stores, online and others. The hypermarkets and supermarkets segment dominated the baby finger food market during the forecast period of 2020-2027. Hypermarkets and supermarkets offer a broad range of products from different brands at one place with discounted prices compared to other distribution channels. Hypermarkets and supermarkets are self-service shops that offer different categories of products. Hypermarket and supermarket are considered as a major distribution channel for the sales of baby finger food. The wide array of these products is placed at an eye-catching assortment on shelves of hypermarkets and supermarkets to attract customers. Hypermarkets and supermarkets offer products of different brands in one place with affordable prices than other distribution channels. Also, different brands' products are placed nearby to facilitate buyers to select suitable products in less time. Apart from this, factors such as hassle-free transactions, bulk purchasing, better services, and pleasant customer experience encourage buyers to shop from hypermarkets & supermarkets. The baby finger product manufacturers sell their products directly to the dealer or distributor, which is further supplied to the hypermarkets & supermarkets. The distributor at hypermarkets & supermarkets keeps the assortment of a particular product as per consumer requirement and demand. It is also a convenient and cost-effective way for the new market players to promote their products through these channels. High footfall in hypermarkets & supermarkets makes it easy for the manufacturers to target their customer base. Furthermore, bulk delivery of products to these places minimizes the cost of operation for manufacturers, resulting in a high profit margin. The sales of a baby finger food in hypermarkets and supermarkets are increasing by the day due to the increasing footfall at these places, especially from the middle-class buyers. The wide availability of baby finger food from various brands at a lower price has encouraged customers to buy baby finger food from hypermarkets and supermarkets.
COVID-19 pandemic has affected industries and economies in various countries due to lockdowns, business shutdowns, and travel bans. The US has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to impact the consumer food and beverage industry in the region as, due to the COVID-19, the supply chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
North America Baby Finger Food Market Revenue and Forecast to 2027 (US$ Million)
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North America Baby Finger Food Market – By Product Type
- Prepared
- Dried
- Others
North America Baby Finger Food Market – By Distribution Channel
- Hypermarket and Supermarket
- Convenience Stores
- Online
- Others
North America Baby Finger Food Market – By Country
- US
- Canada
- Mexico
North America Baby Finger Food Market – Companies Mentioned
- Hero Group
- Little Dish
- Nestlé SA
- Kraft-Heinz, Inc.
- The Hain Celestial Group, Inc.
- Lotus Bakeries Corporate
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 North America Market Segmentation
1.3.1 North America Baby Finger Food Market – By Product Type
1.3.2 North America Baby Finger Food Market – By Distribution Channel
1.3.3 North America Baby Finger Food Market – By Country
2. North America Baby Finger Food Market - Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Baby Finger Food Market Landscape
4.1 Market Overview
4.2 North America PEST Analysi
4.3 Expert Opinion
5. North America Baby Finger Food Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing awareness regarding baby nutrition
5.1.2 Availability of array of baby finger food
5.2 Restraint
5.2.1 Presence of High Level Of Sugar Content Along With High Price Associated
5.3 Opportunity
5.3.1 Growing Demand for Organic and Natural Baby Finger Food
5.4 Future Trend
5.4.1 Growing demand of baby finger food in emerging economies
5.5 Impact Analysis of Drivers and Restraints
6. Baby Finger Food Market – North America Analysis
6.1 North America Baby Finger Food Market Overview
6.1.1 North America: Baby Finger Food Market – Revenue and Forecast to 2027(US$ Mn)
6.2 Competitive Positioning – Key Market Players
7. North America Baby Finger Foods Market Analysis – By Product Type
7.1 Overview
7.2 North America: Baby Finger Food Market, by Product Type
7.3 Prepared
7.3.1 Overview
7.3.2 Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Dried
7.4.1 Overview
7.4.2 Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8. North America Baby Finger Food Market Analysis – By Distribution Channel
8.1 Overview
8.2 North America: Baby Finger Food Market, by Distribution Channel
8.3 Hypermarkets and Supermarkets
8.3.1 Overview
8.3.2 Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.4 Convenience Store
8.4.1 Overview
8.4.2 Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.5 Online
8.5.1 Overview
8.5.2 Online: Baby finger food Market – Revenue, and Forecast to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
9. North America Baby Finger Food Market – Country Analysis
9.1 Overview
9.1.1 North America: Baby Finger Food Market, by Key Country
9.1.1.1 US: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.1.1 US: Baby Finger Food Market, by Product Type
9.1.1.1.2 US: Baby Finger Food Market, by Distribution Channel
9.1.1.2 Canada: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1 Canada: Baby Finger Food Market, by Product Type
9.1.1.2.2 Canada: Baby Finger Food Market, by Distribution Channel
9.1.1.3 Mexico: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.3.1 Mexico: Baby Finger Food Market, by Product Type
9.1.1.3.2 Mexico: Baby Finger Food Market, by Distribution Channel
10. Impact of COVID-19 Pandemic On North America Baby Finger Food Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Hero Group
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Little Dish
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Nestlé, S.A.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Kraft-Heinz, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 The Hain Celestial Group, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Lotus Bakeries Corporate
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.1 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. North America Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 3. North America Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 4. US Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 5. US Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 6. Canada Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 7. Canada Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 8. Mexico Baby Finger Food Market, by Product Type – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Mexico Baby Finger Food Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Glossary of Terms, North America Baby Finger Food Market
LIST OF FIGURES
Figure 1. North America Baby Finger Food Market Segmentation
Figure 2. North America Baby Finger Food Market Segmentation – By Country
Figure 3. North America Baby Finger Food Market Overview
Figure 4. Prepared Segment Held Largest Share of North America Baby Finger Food Market
Figure 5. Us Held Largest Share Of North America Baby Finger Food Market
Figure 6. Baby Finger Food Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Baby Finger Food Market Impact Analysis of Drivers and Restraints
Figure 10. Country Overview of North America Baby Finger Food Market
Figure 11. North America: Baby Finger Food Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 12. North America: Baby Finger Food Market Revenue Share, by Product Type (2019 and 2027)
Figure 13. North America Prepared: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. North America Dried: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. North America Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. North America: Baby Finger Food Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 17. North America Hypermarkets and Supermarkets: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. North America Convenience Store: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 19. North America Online: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 20. North America Others: Baby Finger Food Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 21. North America: Baby Finger Food Market Revenue Share, by Key Country (2019 and 2027)
Figure 22. US: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Canada: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Mexico: Baby Finger Food Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Impact of COVID-19 Pandemic in North American Country Markets
- Hero Group
- Little Dish
- Nestlé SA
- Kraft-Heinz, Inc.
- The Hain Celestial Group, Inc.
- Lotus Bakeries Corporate
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Baby Finger Food Market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Baby Finger Food Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the baby finger food market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution