© This is a licensed product of AM Mindpower Solutions and should not be copied TABLE OF CONTENTS List of Figures ....................................................................................................................... 9 List of Tables ...................................................................................................................... 13 1. Global Baby Food and Formula Industry ..................................................................... 15 . Consumer Behavior and Regulations ................................................................... 15 Consumer Buying Behavior ................................................................................. 15 Regulations .......................................................................................................... 16 . Market Size and Forecast ..................................................................................... 17 Growing Middle Class ......................................................................................... 18 Rising Per-capita income ..................................................................................... 19 Rising Women Participation in Labor Force ........................................................ 19 Large Range of Products Offering........................................................................ 20 . Market Segmentation ........................................................................................... 20 . Industry Opportunities ......................................................................................... 22 . Rising Awareness of Organic Baby Food ....................................................... 22 . Rising Birth Rate in Developing Nations ........................................................ 22 2.