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Baby Snacks & Others - Albania

Albania
  • Revenue in the Baby Snacks & Others market amounts to US$862.20k in 2024. The market is expected to grow annually by 9.21% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$806m in 2024).
  • In relation to total population figures, per person revenues of US$0.31 are generated in 2024.
  • In the Baby Snacks & Others market, volume is expected to amount to 50.06k kg by 2029. The Baby Snacks & Others market is expected to show a volume growth of 7.0% in 2025.0.
  • The average volume per person in the Baby Snacks & Others market is expected to amount to 0.0kg in 2024.

Definition:

Baby snacks are defined as food products that are easy for infants and young children to chew and swallow. They are often made with simple, wholesome ingredients that provide a balanced supply of nutrients. The Others category includes baby food types that are not covered elsewhere, such as baby desserts.

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.

In-Scope

  • Puffs and snack bars such as Happy Baby Organics Superfood Puffs, Kiddylicious Fruity Puffs, and Kiddylicious Juicy Fruit Bars
  • Biscuits such as Happy Baby Organics Teethers
  • Dried fruit and vegetable snacks
  • Melts such as Kiddylicious Smoothie Melts
  • Baked snacks
  • Baby dessert, such as baby yogurt and baby pudding

Out-Of-Scope

  • Baby cereals, such as Nestlé Cerelac
  • Prepared baby food, such as HiPP baby food jars
  • Infant formula, such as Nestlé LACTOGEN 1 Infant Formula Powder
  • Out-of-home consumption

Revenue

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

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Baby Snacks & Others market in Albania is experiencing minimal growth due to factors such as low disposable income and limited availability of healthy options. However, increasing demand for convenient and nutritious baby snacks is expected to drive market growth in the future.

Customer preferences:
In Albania, there is a growing trend towards healthier and more convenient snacking options for babies. This is driven by an increasing awareness of the importance of nutrition and a desire for on-the-go options. Additionally, there has been a rise in demand for organic and natural baby snacks, reflecting a shift towards more conscious and sustainable consumer choices. This trend is expected to continue as more parents prioritize their children's health and wellness.

Trends in the market:
In Albania, the Baby Snacks & Others Market within the Baby Food Market is seeing a rise in demand for organic and healthy baby snacks, as parents become more health-conscious. This trend is expected to continue, with more companies introducing innovative and nutritious snack options. Additionally, there is a growing trend towards online shopping for baby food products, making it easier for parents to access a wider range of options. This shift towards healthier and convenient options has significant implications for industry stakeholders, who must adapt to meet the changing demands of consumers.

Local special circumstances:
In Albania, the Baby Snacks & Others Market of the Baby Food Market within The Food market is influenced by the country's unique cultural and regulatory circumstances. With a strong emphasis on traditional and homemade foods, there is a growing demand for locally-sourced and organic baby snacks. Additionally, strict regulations on imported products and advertising for baby food have created a preference for domestically produced options. This has led to a dynamic market, where local brands have a significant advantage over international competitors.

Underlying macroeconomic factors:
The Baby Snacks & Others Market of the Baby Food Market within The Food market is strongly influenced by macroeconomic factors such as consumer spending, population growth, and government policies on taxation and subsidies. In countries with a growing middle class and increasing disposable income, there is a higher demand for convenience foods and snacks, leading to market growth. Additionally, government initiatives promoting healthy eating habits and nutrition for infants and young children can also impact the market, as seen in the implementation of regulations for food labeling and advertising. Economic stability and favorable trade policies also play a significant role in the market's performance, as they impact the availability and affordability of raw materials and imported goods.

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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