Definition:
The Baby Cereals & Other Dried Baby Food market covers prepared baby food that comes in powdered form and is designed to be mixed with a liquid, such as water or breast milk, to create a semi-solid food product for infants and young children. It is usually made from muesli, rice cereals, and/or grain-based porridge. This type of baby food is easy to digest and enriched with essential vitamins and minerals.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Baby Cereals & Other Dried Baby Food Market in Niger has seen moderate growth due to factors such as increasing health awareness and convenience of online services. However, the market's growth rate is subdued due to factors such as economic challenges and limited access to technology.
Customer preferences: The Baby Cereals & Other Dried Baby Food Market is seeing a growing trend towards organic and natural products, as well as products that cater to specific dietary needs, such as gluten-free or dairy-free options. This is driven by the increasing awareness and concern for baby's health, as well as a desire for clean and transparent ingredients. Additionally, there is a growing demand for convenience and portability in baby food, leading to a rise in on-the-go and pre-packaged options.
Trends in the market: In Niger, the Baby Cereals & Other Dried Baby Food Market of the Baby Food Market within The Food market is experiencing a shift towards more organic and natural products. This trend is driven by the increasing awareness among parents about the importance of healthy and nutritious food for their babies. As a result, companies are investing in the development of new organic and natural baby food products. This trend is expected to continue in the future, as consumers become more health-conscious and demand for clean label and natural products increases. This shift towards natural and organic baby food also presents opportunities for industry stakeholders to tap into this growing market segment and differentiate themselves from competitors.
Local special circumstances: In Niger, the Baby Cereals & Other Dried Baby Food Market of the Baby Food Market within The Food market is heavily influenced by cultural traditions and dietary preferences. The local cuisine includes a variety of grains and dried foods, making it natural for parents to introduce these types of baby food to their children. Additionally, the lack of consistent access to fresh produce and the hot climate of the country also contribute to the popularity of dried baby food options. Furthermore, stringent regulations on imported baby food products have resulted in a strong demand for locally sourced and produced options.
Underlying macroeconomic factors: The Baby Cereals & Other Dried Baby Food Market of the Baby Food Market within The Food market is heavily impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. For instance, countries with a strong economy and stable government policies are witnessing a higher demand for baby cereals and dried baby food due to increased consumer purchasing power. Moreover, the rising birth rate and growing middle-class population in developing countries are also driving market growth. Conversely, economic instability, high inflation rates, and currency fluctuations can negatively affect market performance by impacting consumer spending and import/export activities in the country.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights