Cibi e Bevande
Australia Baby Food Market is Expected to Reach AUD 1,540 Million in Terms of Revenues by the End of the Year 2023: Ken Research
Online shopping will emerge out as one of the most preferred channel for buying baby food in Australia as conventional store are observed to have started their own online platform. Some of the major online players gaining popularity among the Australians are Catch.com, Chemistwarehouse.com, epharmacy.com, and Amazon. The professionally active consumers prefer online channels for purchasing baby food as it saves their time, effort and money. Gradually, with digitization and globalization, the online channels of distribution are expected to cater a large set of consumers in Australia .
There has been an increase in the women labor force participation rate over the review period 2013-18, and it has reached to as high as 60.5% in the year 2018. It gets difficult for the working women to breastfeed their children and hence, making them dependent on milk formula for the nutrition of their babies and therefore positively impacting the sales of baby food.
Analysts at Ken Research in their latest publication " observed that the baby food market in Australia has registered very fast growth due to high demand from the Chinese market (Diagou trend). It is expected to slow down in the near future leading to normal growth in the range of 5-6% per annum.
The report titled provides a comprehensive analysis of the baby food market in the UAE. The report also covers the overall market size in terms of revenue and sales volume, SWOT Analysis, decision making process, competitive landscape and growth drivers and trends and government role and regulations. The report concludes with market projection for future market described above and analyst recommendations highlighting the major opportunities and cautions for the UAE Baby food market. The baby food market of UAE is still in its growth stage. The market displayed a strong competitive scenario where international players that hold majority of the stake are constantly trying to increase their existing market share. The UAE Baby Food market has majorly been an import dominated market. The market is receptive to newness and innovations for instance, camel milk based baby food products and halal baby food products have gained a lot of popularity in the country. Despite the fact that government is encouraging breast feeding among new mothers and economic impact due to oil price shock of mid 2014 that continued till 2015, the baby food market has shown consistent growth.
The report provides a comprehensive analysis of the Baby food market in Egypt . The report also covers the overall trade scenario, SWOT Analysis, decision making process, competitive landscape and growth drivers and trends and government role and regulations. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. Egypt baby food market is still in its growth stage with retail revenue increasing at a positive double digit CAGR during the period 2012-2018. Due to a majority of international players, it has been an import oriented market. There has been a vast demand for innovative products such as camel milk based baby food. Due to high level of malnutrition among infants, increasing number of parents has preferred baby food to fulfill their child's nutritional requirements. Also, there has been a shift to organic baby food products as they minimize child's exposure to harmful chemicals and elements. Albeit government is encouraging breast feeding among new mothers; the baby food market has shown consistent growth over the years due to lack of paid maternity leaves to women in the working sector.
Ankur Gupta
Ken Research Private Limited, Head Marketing
Ankur@kenresearch.com
+91-9015378249
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