Cibi e Bevande
Philippines Baby Food Market is Expected to Reach Around PHP 56.7 Billion by the Year Ending 2023: Ken Research
The prime reason behind receptiveness of buyers towards innovative baby food products is that along with increasing variety and changing trends, parents have begun preferring tasty and healthy baby food alternatives in comparison to the conventional infant formula and dried baby food products. The Philippines prepared baby food market is presenting itself with unique business opportunities for both existing as well as new players.
The particular food segment is usually grown or processed without synthetic fertilizer or pesticide. As a result, choosing organic over inorganic products reduces exposure of infants to these harmful substances which are unfit for human consumption. In addition to that, organic products are generally priced at a premium. So, with rising personal disposable income of consumers, they will be able to easily afford such products in the near future. Apart from that, companies are also likely to explore different marketing strategies for sustaining consumer demand for their brands, especially since the Department of Health partnered with World Vision Philippines in the year 2017 to better monitor compliance with the Milk Code and further promote breastfeeding in the country.
Among all channels of distribution selling baby food products in the Philippines , major online portals were observed to introduce multiple baby food variants. This trend is further anticipated to increase as online channels of distribution help in saving time, effort and in most cases, money as well for working parents. Some of the leading websites for groceries in the Philippines include Lazada, Shopee, MummyBuddy and others that offer a broad range of products, from baby diapers to baby foods. They offer a variety of international brand names in the baby food market such as Lactum (Reckitt Benckiser Group), Nido (Nestlé SA), Enfamil (Reckitt Benckiser Group), Promil (Nestlé SA) and others.
Analysts at Ken Research in their latest publication believe that with adopting internet retailing, emphasizing on organic baby food, tie-ups with authorized distributors, developing innovative baby food product variants and developing small packaging will create a positive impact on the sale of the baby food within the Philippines . The market is expected to register a positive CAGR of 6.4% in terms of the revenue generated during the forecasted period 2019-2023
Lactum (Reckitt Benckiser Group)
Nido (Nestlé SA)
Enfamil (Reckitt Benckiser Group)
Promil (Nestlé SA)
Nan (Nestlé SA)
Nestogen (Nestlé SA)
Alacta (Reckitt Benckiser Group)
Enfagrow (Reckitt Benckiser Group)
S-26 (Nestlé SA)
Bonamil (Nestlé SA)
The report provides information on KSA baby food market overview and genesis, market segmentation by food category (milk formula, dried baby food, prepared baby food and other baby food) and its sub types; outlet type, by food type (inorganic and organic) and by region (West, Center, North, South and East). The report also covers ecosystem, value chain analysis, comparative landscape, trends and developments, issues and challenges, decision making criteria for customers while purchasing a baby food product, regulatory framework and SWOT analysis pertaining to the baby food market in Saudi Arabia . The report concludes with future outlook of the baby food market in the country and certain recommendations highlighting the success factors for entering and expanding in the market.
The report provides information on Nigeria baby food market overview from 2013 to 2023, market segmentation - By Food Category (Dried Baby Food, Milk Formula, Prepared Baby Food and Other Baby Food), by Types of Milk formula (Standard Milk Powdered Formula, Follow on Milk Powdered Formula and Growing Up Milk Formula), by Distribution Channel (Traditional Retailers & Grocers, Supermarkets and Internet Retailing), by Ingredient (Inorganic and Organic) and by Regions. The report also covers ecosystem, value chain analysis, competition landscape, and success factors for a new entrant, trends and developments, issues and challenges, decision making criteria for customers, regulations and SWOT analysis. The report concludes with future outlook and certain recommendations highlighting the success factors for entering and expanding in the market. The report is useful for Nigerian baby food manufacturers, food and beverage companies and major online retailers of baby food.
The report provides a comprehensive analysis of the baby food market in Turkey . The report also covers ecosystem of the market, stakeholders, market overview and genesis, value chain analysis, market size in terms of revenue, segmentation by food category, nature, age group and channels of distribution, trends and developments, issues and challenges, snapshot on emerging baby foods, decision making criteria for consumers, government regulations, SWOT analysis and competitive landscape. The report then concludes with market projections for future market described above and analyst recommendations highlighting the major opportunities and cautions to be taken before entering the market.
The report provides information on Baby Food market segmentation by category (Milk Formula, Dried baby food, Prepared Baby Food and Other Baby Food), by Milk Formula (Standard Milk Powdered Formula, Follow-on Milk Powdered Formula, Growing-up Milk Formula and Special Baby Milk Formula),by Age Group (0-6 Months, 6-12 Months, 12+ Months), by Nature (Inorganic Food and Organic Food),by Region (New south Wales , Victoria , Queensland , South Australia , Western Australia , Tasmania , Australian Capital Territory, Northern Territory) and by Channel of Distribution (Supermarkets, Health and Beauty Specialist Retailers, Internet Retailing, Discounters, Other Foods Non Grocery Specialists, Convenience Stores and Forecourt Retailers). Company Profiles of Major Players in Australia Baby Food Market (Nestle SA, Danone Group, Aspen Pharmacare and Other Companies (Kraft Heinz, Bellamy's Australia Ltd., A2 Milk Co. and others) have been covered in the publication. The report concludes with market projection and analyst recommendations.
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 , Head Marketing
Ken Research Private Limited
Ankur@kenresearch.com
+91-9015378249
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