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.
For more information on the displayed data, use the info button right next to the boxes.
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 Tunisia has witnessed negligible growth due to factors like declining birth rates and increasing awareness about the benefits of breastfeeding. However, the convenience offered by online shopping platforms and the increasing number of working mothers has helped sustain some growth in the market.
Customer preferences: The Baby Milk & Infant Formula Market within the Baby Food Market in Tunisia has seen a rise in demand for organic and natural products, as consumers become more health-conscious. This trend is driven by the growing awareness of the benefits of organic and natural ingredients, as well as concerns about the potential negative effects of chemicals and additives in traditional formula. With an increasing number of parents opting for healthier and more natural options, companies are introducing new organic and natural formula products to cater to this growing demand.
Trends in the market: In Tunisia, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is experiencing a trend towards organic and natural products. This is driven by increasing health-consciousness among parents and a growing demand for products that are free from artificial ingredients. Additionally, there is a rise in online shopping for baby food, as busy parents seek convenience and competitive pricing. As a result, companies are investing in e-commerce platforms and digital marketing strategies to reach a wider customer base and improve overall sales. This trend is expected to continue, as consumers become more aware of the benefits of organic and natural products and the convenience of online shopping. This shift towards healthier and more convenient options presents opportunities for industry stakeholders to innovate and expand their product offerings, as well as improve their digital presence to meet the changing demands of consumers.
Local special circumstances: In Tunisia, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is influenced by the country's geographical location and cultural preferences. Being a Mediterranean country, Tunisian parents often prioritize fresh and locally sourced products for their infants. Additionally, strict regulations on marketing and advertising of baby food products play a significant role in shaping consumer choices. This has led to a growing trend towards organic and natural baby food options in the market. Furthermore, the country's growing urbanization and increasing disposable income have also contributed to the rising demand for premium and imported baby formula products.
Underlying macroeconomic factors: The Baby Milk & Infant Formula Market of the Baby Food Market within The Food market in Tunisia is greatly influenced by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. The growth of the market is largely dependent on the purchasing power of consumers, which is affected by the overall economic health of the country. Additionally, government policies and regulations, such as import and export laws, can also impact the market performance. Furthermore, global economic trends, such as fluctuations in currency exchange rates and trade agreements, can also have a significant impact on the market.
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