North America Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type and Distribution Channel Hypermarket and Supermarket, Convenience Stores, Online, and Others

Prepared Segment to Dominate North America Baby Finger Food Market during 2020-2027

According to a new market research study on “North America Baby Finger Food Market Forecast to 2027 - COVID-19 Impact and Analysis - By Product Type (Prepared, Dried, and Others) and Distribution Channel (Hypermarket and Supermarket, Convenience Stores, Online, and Others)” the market 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. The report provides trends prevailing in the North America Baby Finger Food market, and the drivers and restraints pertaining to the market growth. Growing awareness regarding baby nutrition is the major factor driving the growth of the market in North America. Moreover, the average disposable income of the working population is high in the North America region, which not only enhances the spending limit of the consumers but also impacts the economy of a country and its GDP positively. The US and Canada are premier markets for the production and consumption of a variety of baby finger food products. The demand for the baby finger food product is expected to prosper with growing rising purchasing power. This further bolsters the growth of the market. However, presence of high level of sugar content along with high price of baby finger food hinder its growth. Moreover, the 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.

The market for baby finger food is segmented into product type and distribution channel. On the basis of product type, the baby finger food market is categorized into prepared, dried, and others. In 2019, the prepared segment dominated the market of the total market share and is projected to continue its dominance over the forecast period. Based on distribution channel, the baby finger food market is categorized into hypermarket and supermarket, convenience stores, online and others. In 2019, the online segment is expected to be the fastest growing segment over the forecast period.

Hero Group; Little Dish; Nestlé SA; Kraft-Heinz, Inc.; The Hain Celestial Group, Inc.; Lotus Bakeries Corporate are among the leading companies in the North America Baby Finger Food market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Kiddylicious introduced two new snacking ranges, such as the 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 two variants, such as raspberry & beetroot and banana & pumpkin. Likewise, in 2018, Lotus Bakeries Corporate announced the acquisition of Kiddylicious, which is an innovative British food company that produces delicious, nutritious, portion-controlled snacks and meals for growing babies, toddlers, and preschoolers.

The report segments the North America Baby Finger Food Market as follows:

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

Reasons to Buy

• 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