Definition:
Baby milk and infant formula are types of milk made specifically for infants and young children who are not yet able to consume solid food or who cannot be breastfed. They are also intended for children aged between 1 and 3 who do not get enough nutrients from their regular diet.
Baby milk is typically made from cow’s milk that has been modified to make it more easily digestible for babies. It may also contain added nutrients, such as vitamins and minerals, to ensure that infants or young children receive all the nutrients they need for healthy growth and development. Infant formula is specially designed to mimic the nutrient content of breast milk as closely as possible. Baby milk and infant formula may come in different forms, such as in powdered form, as a liquid concentrate, or in a ready-to-feed form.
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 Milk & Infant Formula Market in Chad is experiencing minimal growth due to factors such as limited access to technology and low awareness about the benefits of these products among consumers. This has led to a slow adoption rate and hindered the market's potential growth.
Customer preferences: Consumers in Chad are increasingly prioritizing convenience and ease of use when it comes to baby food products. This has led to a rise in demand for ready-to-use baby milk and infant formula options, as they require minimal preparation and can be consumed on-the-go. Moreover, with more working mothers in the country, there is a growing need for products that offer convenience and time-saving solutions. This trend is expected to continue as the population continues to urbanize and modernize, leading to a shift towards more convenient and efficient baby food options.
Trends in the market: In Chad, the Baby Milk & Infant Formula Market within the Baby Food Market is experiencing a shift towards more natural and organic products, driven by an increased awareness of the benefits of breast milk and concerns over the safety of processed formulas. This trend is expected to continue, with manufacturers focusing on developing healthier and more sustainable options. In addition, there is a growing demand for products with added nutritional benefits, such as probiotics and vitamins. This trend has significant implications for industry stakeholders, as they will need to adapt their marketing strategies and product offerings to meet the changing preferences of consumers. Furthermore, with the government promoting breastfeeding and implementing regulations to ensure the safety and quality of infant formula, market players will need to closely monitor and comply with these policies to maintain their market share.
Local special circumstances: In Chad, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is heavily influenced by cultural and regulatory factors. Due to traditional beliefs and practices, breastfeeding is the preferred method of infant feeding, resulting in a smaller market for formula. However, the government's efforts to improve nutrition through infant formula distribution programs have increased demand. Additionally, strict regulations on advertising and marketing have limited the influence of multinational companies, creating a unique market dynamic.
Underlying macroeconomic factors: The Baby Milk & Infant Formula Market within The Food market in Chad is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. With Chad facing economic challenges, including high poverty rates and limited access to healthcare, the demand for affordable and nutritious baby milk and infant formula is expected to rise. Additionally, the increasing population and urbanization in the country are also contributing to the growth of the market. Furthermore, the global trend of health-conscious consumers is leading to a demand for organic and natural baby food products, which is also expected to impact the market in Chad.
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