Global Baby Food and Formula Market Growth 2012 - 2016
Global Baby Food and Formula market to grow at a CAGR of 5.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing urbanization especially in the developing countries. The Global Baby Food and Formula market has also been witnessing an increasing adoption of organic baby food by consumers. However, the declining birth rates in countries could pose a challenge to the growth of this market.
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