Wilmington,Del.-The target consumers of commercially-available baby food range from infants (babies aged 6 to 12 months) to toddlers (children up to three years old). Baby food is available in various flavors and in both solid and liquid form. Modern-day time constraints have reduced the use of homemade baby food in both developed as well as developing nations. While U.S. and Europe hold a major share of the global baby food market, emerging economies such as China, India, Brazil, Russia, and Romania also represent a high growth rate.

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The baby food market is getting a big boost from the increasing awareness about the role it plays in meeting the nutritional needs of infants and toddlers. The major challenges for the baby food industry are low birth rates, static market conditions in developed countries, and milk intolerance in babies. However, opportunities for the baby food market is immense, as there is large untapped market in developing economies and as evolving food technology and new product developments are expected to attract more customers in future.

The global baby food market is expected to be worth US$37.6 billion by 2014, growing at an estimated CAGR of 5.0% from 2009 to 2014. Bottled baby food forms the largest market segment; and is expected to reach US$9.9 billion by 2014 at a CAGR of 4.9% for the same period. The segment with the highest growth potential is expected to be frozen baby food followed by bottled baby food products and baby cereals. Nestlé SA is the market leader in the global baby food products market. The other key market players are H.J. Heinz, Bristol-Myers Squibb, DANONE and Hero.

The major segments in the baby food product market are baby cereals, bottled baby foods, frozen baby foods, baby snacks and soups. Companies are focusing mainly on developing easily digestible and competitively priced fortified baby food. Evolving food technologies are enabling the market players to offer quality products with enhanced benefits like optimum nutrients content for babies. The growth in the baby food market is primarily due to the increasing demand from the Asian countries.

The accompanying table indicates the estimated market size of baby food products in 2009. The market for bottled baby foods is expected to enjoy the maximum market share followed by the baby cereals. The patent analysis of baby food products indicates that maximum number of patents has been registered for bottled baby food, which accounts for 70% of the total number of patents registered. Baby cereals is second with 16%, followed by baby snacks with 12% of the total patents registered. Geography-wise, the U.S. accounts for 58% of the total patents registered in baby food products followed by Europe with 30%.

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MarketsandMarkets is a research and consulting firm that publishes 120 market research reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive. Browse all our 120 titles at www.marketsandmarkets.com.

Ms. Sunita
108, West 13th Street,
Wilmington
DE, 19801
County of New Castle
Tel: +1-888-989-8004
Email: [email protected]

Increasing need of more sophisticated means of communication is driving the demand for products and devices with high-speed and large bandwidth in data transfer along with low cost and high efficiency. However, the adoption of optical fibers and other optoelectronic components in the high end devices and applications involved high cost. This fueled the search for a cheaper base material and ended with silicon that began to be used for photonic applications. The advances in silicon electronics and photonics gave rise to the concept of silicon photonics. When compared with conventional electronics, silicon photonics provide 90% of its efficiency with one-third of power consumption, at one-tenth of the cost and no requirement of additional manufacturing technology. This makes it attractive for customers and lucrative for manufacturers.

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In 2008, the market size of global silicon photonics market was at $23.21 million that is expected to grow exponentially at a CAGR of 105.3% from 2009 to 2014 due to new products and applications that are to be commercialized in the next five years. The demand for silicon photonics technology is already created in the market and consumers are awaiting commercialization of products. The silicon photonics market is segmented into silicon waveguides, silicon modulators, silicon optical interconnects wavelength division multiplexer filters, silicon LED and silicon photo detector.

With high fragmentation and intense competition in the microelectronics industry manufacturers of chips and integrated circuits are working to improve the quality and reduce the prices of their products. Therefore, the expensive ingredients and large R&D investments required for silicon photonics act as a major restraint for the growth of this market. However, the evolution of the silicon photonics market into a mainstream market is expected to overcome all these restraints.

Early commercialization of products and high absorption rate of electronic products have made U.S. the dominant market in 2009 with a 56% share of the global silicon photonics product market. Increased research and developments in the U.S. companies have also helped in the domination of the silicon photonics market. Europe is estimated to be the second largest with 26% share of the market.

In 2009, wavelength division multiplex filters are expected to dominate the market with 31% share followed by photo detector with 20% share. The high market share of wavelength division multiplex filters is mainly due to its early commercialization.

The U.S has highest number of patents with 66% contribution. Out of 89 registered patents, 59 patents have been registered in U.S. This is mainly due to the extensive R&D and existence of major silicon photonics players such as Luxtera, Kotura etc. in the U.S. market.

The key players in the silicon photonics market include Intel, IBM Corp., Luxtera, Lightwire, Kotura, Sun Microsystems, etc.

Our analysis indicates that companies taking the first mover advantage by quick commercialization with extensive R & D will have an edge over their competitors. Agreements and collaborations as well as new product launches are some of the most popular strategies adopted by market players to stay ahead of the competition and to expand into new geographies.

MarketsandMarkets is a research and consulting firm that publishes 120 market research reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive. Browse all our 120 titles at www.marketsandmarkets.com.

Ms. Sunita
108, West 13th Street,
Wilmington, DE, 19801
County of New Castle
Tel: +1-888-989-8004
Email: [email protected]