Market Share of Asia-Pacific Baby Food Industry
The Asia-Pacific baby food market is highly competitive in nature, with the presence of many local and international players. Nestle SA, Abbott Laboratories, Bellamy's Organic, Danone SA, and PZ Cussons PLC are major players in the Asia-Pacific baby food market. Companies focus on expanding facilities, mergers, acquisitions, and product launches to gain market share. For instance, in May 2021, Nutrilon Yunhui Stage 3 was Danone's first formula milk produced in China at Danone's Qingdao production site and launched in China at the beginning of April. The new formula contains a high level of vitamin D and four major vitamins in the vitamin B group. The companies are investing in research and development to produce high-quality ingredients and attract more consumers.
APAC Baby Food Market Leaders
Nestle S.A
Abbott Laboratories
Danone S.A.
PZ Cussons plc
Bellamy's Organic
*Disclaimer: Major Players sorted in no particular order
