Global Baby Food Market 2015 Estimated to Grow at a Compound Annual Growth Rate 8.95% by 2022
The Global Baby Food market is poised to reach $49.2 billion in 2014 growing at a CAGR of 8.95% to reach $97.7 billion by 2022. Some of the key drivers include altering socio-economic trends, mounting end user alertness as well as modern goods and binding. The matured industrialization and mass production of canned goods, growing importance of advertising and the discovery of vitamins in vegetables and fruits are boosting the market growth.
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