Europe baby food market is projected to grow at a CAGR of 3.21% during the forecast period to reach a market size of US$ 18,801.700 million by 2024. Milk formula and prepared baby food holds a dominant share in the market. The growth is attributed to the fact that these products are widely purchased by parents due to the burgeoning preference towards packaged baby food. Shift in consumer behaviour along with busy lifestyle of female population is leading to an increased adoption of prepared baby food and frozen baby food which is driving the baby food market growth in the region. Furthermore, good penetration of e-commerce in countries like UK, France, Germany, Spain and others is providing growth opportunities for baby food manufacturers that are outside the region to expand their footprint in the European region.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in Europe Baby food value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the Europe Baby food market.
Some of the key players include Nestle, Abbott, Danone, Hero Group, Hain Celestial, FrieslandCampina, HiPP, Holle baby food AG, Ella’s Kitchen Limited, DANA Diary, Materna, and Babybio.
Segmentation
Europe baby food market has been analyzed through the following segments:
• By Product Type
o Dried Baby Food
o Milk Formula
o Prepared Baby Food
o Others
• By Type
o Organic
o Non-Organic
• By Distribution Channel
o Online
o Offline
• By Country
o Germany
By Product Type
By Type
By Distribution Channel
o United Kingdom
By Product Type
By Type
By Distribution Channel
o France
By Product Type
By Type
By Distribution Channel
o Others
By Product Type
By Type
By Distribution Channel
.jpg)
