The United Kingdom baby food market is projected to grow at a compound annual growth rate of 3.49% during the forecast period. The demand for baby food such as prepared baby food is witnessing a substantial growth owing to an increasing number of British parents turning towards such foods for its convenience and nutritional value. Despite slow growth in live births in the kingdom, the market for baby food is growing at a steady rate. This is due to the fact that consumers in the U.K are increasingly discerning when it comes to food products for their infants. Good growth in organic baby food sales exemplifies that British parents are willing to spend more on organic baby food to provide adequate nutrition to their babies. This along with steady growth in disposable income has acted as a main driver in the baby food market in the kingdom. According to OECD Data, the household disposable income in the United Kingdom has increased at a rate of 1.25% in 2014 to 4.86% in 2015.
Furthermore, the burgeoning e-commerce penetration in the country is further accelerating the demand for baby food. Busy lifestyle of the female population and convenience offered through these food products will continue to play an important role in the increased sales of baby food from online platforms such as Amazon, and Ocado. Therefore, online baby food market is poised to grow at the fastest rate during the forecast period.
The United Kingdom Baby Food Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report also analyzes the market through comprehensive market segmentation by product type, type, and distribution channel.
The United Kingdom baby food market has been segemented by product type, type, and distribution channel. Based on product type, the market has been segmented into dried baby food, milk formula, prepared baby food, and others. By type, the market has been classified into organic and non-organic. By distribution channel, the market has been segmented as online and offline.
The report provides an in-depth analysis of the baby food market in the country mentioning the prevailing market trends and opportunities which it presents for the manufacturers.
Major players in the United Kingdom baby food market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year.
The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the United Kingdom baby food market.
• By Product Type
o Dried Baby Food
o Milk Formula
o Prepared Baby Food
• By Type
• By Distribution Channel