Baby Milk & Infant Formula - Netherlands

Netherlands

Revenue in the Baby Milk & Infant Formula market amounts to US$110.00m in 2024. The market is expected to grow annually by 3.43% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (US$16,850m in 2024).
In relation to total population figures, per person revenues of US$6.23 are generated in 2024.
In the Baby Milk & Infant Formula market, volume is expected to amount to 4.42m kg by 2029. The Baby Milk & Infant Formula market is expected to show a volume growth of 0.9% in 2025.
The average volume per person in the Baby Milk & Infant Formula market is expected to amount to 0.2kg in 2024.

Key regions: South Korea, India, United Kingdom, United States, Japan

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Analyst Opinion

The Baby Milk & Infant Formula Market in Netherlands is experiencing slow growth, impacted by factors such as changing consumer preferences, increasing competition, and stricter regulations. Despite this, the market continues to thrive due to the convenience and health benefits offered by these products.

Customer preferences: In the Netherlands, there is a growing trend towards organic and natural baby milk and infant formula, as parents become more conscious about the ingredients and sourcing of their child's food. Additionally, there has been a rise in demand for lactose-free and hypoallergenic formula options, catering to the needs of infants with special dietary requirements. This shift towards healthier and more specialized options reflects the increasing emphasis on health and wellness in Dutch society.

Trends in the market: In the Netherlands, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market has seen a rise in demand for organic and natural products. This trend is driven by increasing consumer awareness about the benefits of organic ingredients and concerns over the safety of conventional products. As a result, major players in the industry are investing in developing and promoting organic options. This trend is likely to continue, with consumers becoming more health-conscious and seeking transparency in the ingredients used in baby food products. This presents opportunities for industry stakeholders to tap into the growing demand for organic and natural baby food products.

Local special circumstances: In the Netherlands, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is heavily influenced by the country's strict regulations on formula composition and advertising. Additionally, the Dutch culture values natural and organic products, leading to a preference for organic baby formula. The country's small size and high population density also contribute to the popularity of online shopping and home delivery services for baby formula.

Underlying macroeconomic factors: The Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is significantly impacted by macroeconomic factors such as consumer purchasing power, economic stability, and government policies. In countries with strong economic growth and stable political climate, the market is expected to expand due to increased demand for high-quality and safe baby food products. Additionally, favorable fiscal policies and investment in healthcare infrastructure also play a crucial role in supporting the growth of the market. On the other hand, economic downturns and unstable political conditions can lead to a decline in market growth as consumers cut back on non-essential spending.

Methodology

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.