Baby Milk & Infant Formula - Uzbekistan

Revenue in the Baby Milk & Infant Formula market amounts to US$153.60m in 2024. The market is expected to grow annually by 6.24% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$17bn in 2024).
In relation to total population figures, per person revenues of US$4.31 are generated in 2024.
In the Baby Milk & Infant Formula market, volume is expected to amount to 18.34m kg by 2029. The Baby Milk & Infant Formula market is expected to show a volume growth of 5.5% in 2025.0.
The average volume per person in the Baby Milk & Infant Formula market is expected to amount to 0.4kg in 2024.

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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Infant formula, such as Nestlé NAN PRO 1 Infant Formula, Aptamil Gold Infant Formula Milk Powder for Babies, Similac Advance Infant Formula, and Nestlé LACTOGEN 1 Infant Formula Powder
Baby milk, such as Milupa Milupino for 1–3-year-old toddlers and Aptamil Pronutra 1+

Milk and milk products intended for adult consumption, such as Danone’s dairy drinks
Milk substitutes (soy-based) for babies and infants
Out-of-home consumption

The Baby Milk & Infant Formula Market in Uzbekistan is experiencing minimal growth, influenced by factors such as low birth rates and government regulations. Despite this, the market is still driven by rising demand for convenient and healthy options for infant nutrition.

Customer preferences: As more mothers enter the workforce and seek convenience, the demand for ready-to-feed baby formula products is on the rise in Uzbekistan. Additionally, with a growing middle class and increasing disposable income, there is a shift towards premium and organic baby formulas. Furthermore, the influence of Western culture has led to a preference for more "natural" and "clean" ingredients in baby formula, further driving the demand for organic options.

Trends in the market: In Uzbekistan, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is experiencing a shift towards organic and natural products. This trend is driven by a growing awareness of the importance of nutrition and health among parents. As a result, major players in the industry are adapting their product offerings to cater to this demand. This trend is significant as it reflects a shift towards more conscious and informed consumer behavior, potentially leading to increased market competition and innovation. For industry stakeholders, this trend presents an opportunity to capitalize on the growing demand for organic and natural baby food products.

Local special circumstances: In Uzbekistan, the Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is influenced by cultural practices and beliefs around breastfeeding. While breastfeeding is encouraged in the country, there is also a growing trend of mothers using formula as a supplement or replacement. This is driven by the increasing number of working mothers and rising disposable incomes. Additionally, the country's strict regulations on imported food products also impact the availability and pricing of baby milk and infant formula.

Underlying macroeconomic factors: The Baby Milk & Infant Formula Market of the Baby Food Market within The Food market is influenced by macroeconomic factors such as population growth, rising disposable income, and changing consumer preferences. As the population in Uzbekistan continues to grow, the demand for baby food products is also expected to increase. Moreover, the country's improving economic health and increasing disposable income levels are enabling consumers to spend more on premium baby food products, including infant formula. Furthermore, changing consumer preferences towards more nutritious and organic baby food products are also driving the market growth in Uzbekistan.

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.